Freeman Gold Expands Lehmi Gold Project With 219 Additional Claims

Freeman Gold (CSE: FMAN) this morning announced that it staked an additional 219 claims at its Lehmi Gold project in Idaho. The additional claims bring the total size of the Lemhi Gold project o over 7,515 acres of ground that has largely been unexplored despite historic discoveries of the resource.

The additional stake claims are said to be in highly prospective areas, in the vicinity as well as along strike of known near surface oxide gold mineralization. The additional claims have seen over 355 drill holes between 1980 and 2013.

In addition to the increased land claims, Freeman also announced this morning the appointment of Tom Panoulias to the role of VP, Corporate Development effective June 10. Panoulias is a capital markets professional, having spent over 15 years at the likes of Echelon Wealth, Fraser Mackenzie and Dundee Capital Markets. Prior to serving in the capital markets, Panoulias was a mining executive, holding senior roles at Kinross Gold and TVX Gold.

"Having secured a total property package of approximately 30 square kilometers surrounding the historical Lemhi oxide gold mineralization allows the Company to increase its chances of discovering further satellite deposits. Given the current geological interpretation and the magnitude of the mineralized body, we feel that securing this additional land was imperative, as it will allow the Company to pursue an aggressive exploration program in conjunction with resource focused drilling."

Freeman Gold last traded at $0.62 on the CSE.


FULL DISCLOSURE: Lodge Resources Inc is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Lodge Resources Inc on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Antimony Resources Expands New Discovery Following Trenching

Silver47 Kicks Off 7,000-Meter Drill Campaign at Nevada’s Hughes Project

Related News

Strategic Metals: Honey Badger Silver Transaction Highlights Value Of Asset Portfolio

Last week, Strategic Metals Ltd. (TSXV: SMD) reached a binding letter of intent (LOI) to...

Sunday, February 21, 2021, 09:00:00 AM

The Deep Dive Compiles Company Profile On AUX Resources

AUX Resources Corporation (TSXV: AUX) is a gold mining company focused on the Stewart Mining...

Saturday, September 12, 2020, 08:30:00 AM

Kirkland Lake Gold Produces 379,195 Gold Ounces For Q2 2021

Kirkland Lake Gold Ltd. (TSX: KL) announced this morning its production results for Q2 2021....

Monday, July 12, 2021, 09:05:14 AM

Gold Rush 2020: The Excitement Has Begun

The images are burned in many of our imaginations. The Klondike. The California Gold Rush....

Saturday, July 18, 2020, 08:30:00 AM

Majors Don’t Want to Be Left Out of This Gold Run | Mike Bennett – Altamira Gold Corp

Mike Bennett, CEO of Altamira Gold Corp. (TSXV: ALTA), has a front-row seat to how...

Sunday, September 28, 2025, 01:27:00 PM