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Freegold Ventures Limited T.FVL

Alternate Symbol(s):  FGOVF

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

Comment by Mackthenifeon Sep 26, 2020 2:33pm
278 Views
Post# 31625548

RE:RE:RE:Eric’s weekly Wrap-up here

RE:RE:RE:Eric’s weekly Wrap-up here10 million has already been achieved

March 2013= 6.5 million 43-101 resource 
+ April 2013 112m@ 1.03 g/t
+ May 2013 30m @ .96 g/t
+ Aug 2013 180m@ 1.13 g/t
+ Sept 2013 27m@ 3 g/t
+June 2017 39m@ .72 g/t oxide
+June 2017 52m@.56 g/t oxide
+June 2017 1.5m@41 g/t oxide
+July 2018 70m@ .82 g/t 

The oxide intercects dont look real great, but if you look through the PEA, they are definitely economical and all these holes were just expansion of the resource. Now you add 2001 and 2002 on top of this and whalla. I believes ES has done the math and knew the resource was already close to 10 before new drilling. Look how much would have been added on the 4 additional holes just after the 2013 resource was announced. I believe ES knows this is 15-20 million ounces easy and it will get there quickly with 3 drills rotating.

JMHO MTN

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