Freegold Ventures Limited T.FVL

Alternate Symbol(s): FGOVF

Metals & Mining Gold

Freegold Ventures Limited is an exploration stage company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties. The Company is focused on exploration activities in Alaska on its Golden Summit and Shorty Creek Projects. The Golden Summit Project is a road accessible gold exploration project near Fairbanks, Alaska. The Project consists of several long-term leases, including Keystone Claims, Tolovana Claims, Newsboy Claims, Green Claims, Chatham Claims and Alaska Mental Health Trust Property and claims and lands owned by the Company. The property is comprised of 53 patented claims, 107 unpatented federal claims, and 240 State of Alaska claims that cover a total area of 5,971.6 hectares. The Shorty Creek Project is located 120 kilometers northwest of Fairbanks, Alaska and four kilometers to the south of the all-weather paved Elliott Highway within the Livengood-Tolovana Mining District.

TSX:FVL - Post by User

Freegold Ventures Limited > Careful DD required

<< Previous

Bullboard Posts

Next >>

Comment by Minrayon Sep 11, 2020 4:24pm

139 Views

Post# 31544610

RE:Careful DD required

Another intelligent and common sense post. Thank you. I'm holding on and happy to have purchased FVL.

BlueChipper2020 wrote: Folks need to read carefully and review all the maps before jumping to conclusions. This is an excerpt from today's PR.

"GSDL2002 - was sited prior to the commencement of the initial drill program in February and therefore prior to receiving the results of GSDL2001."

IMHO, GSDL 2002 has little to do with the success of GSDL 2001 or what the current drill program seeks to unlock in the CVS view system. GSDL 2002 is nevertheless a good hole which adds to the global resource.

However, this PR on a Friday was to get GSDL 2002 out of the way. Folks also need to understand that diamond drilling is abou the size of a human arm. You then take this hundreds of metres into the ground. This Company hits gold every time they drill. They have 6.5M ounces of indicated and inferred on less than 40K metres of drilling.

Smart money will move in after digesting today's news next week. Expect some short term choppy waters. Nothing really has changed today from yesterday. LOL

GLTA