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 > While this stock hits 0.80+

<< Previous

Bullboard Posts

Next >>

Comment by StonksInvestoron Oct 30, 2020 10:30am

150 Views

Post# 31812550

RE:RE:While this stock hits 0.80+

As BlueChipper likes to say.. I'm no geologist. However, this is how I interpret their reports.

In the reports that they present, I would assume depth = true vertical depth. They're not stating they drilled 400m..because then in that case it would only be 265m depth. Someone correct me if I'm wrong but TVD = cos (angle) * metres drilled.

Hole	Dip	Azimuth	Total Depth (m)
GSDL2003	-70	360	587.6
GSDL2004*	-70	360	420
GSDL2005	-80	360	645
GSDL2006**	-70	360	76.5
GSDL2007	-75	360	573
GSDL2008	-70	360	442.4
GSDL2009	-70	360	420.6
GSDL2010***	-70	360	518