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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 StonksInvestoron Jun 03, 2021 7:22am
143 Views
Post# 33317379

RE:RE:RE:RE:RE:RE:RE:RE:RE:CHECKING IN

RE:RE:RE:RE:RE:RE:RE:RE:RE:CHECKING IN I understand everyone has to be patient but the 2020 holes should be here by now. The three are as follows:
  • GSDL2012: I'm itching to see the results for this one.
  • GSDL2013: Likely going to be  >1.00 AU (G/T)
  • GSDL2018: If this hit is > 1.00 AU then things will get very exciting.

If you look at the May 2021 presentatiion (Page 18 of 33), you'll see the holes reported to date. In very light transparency, you can see the 2021 holes - 15 holes so far.
  • I assume the team believes GSDL2018 could be a good hit because they drilled two holes (North East)
    • GS2102 and GS2114. They are going towards the Cleary Hill Vein. 
  • They look like they're drilling in between Dolphin and Cleary
    • GS2101, GS2110, GS2104, GS2105
  • They are drilling to west of Tolovana Vein (in 2020, they were on the east side)
    • GS2106,GS2108, GS2111, GS2115
    • My assumption is they will go ever more south west along the Tolovana Vein towards the end of 2021 if they're good hits. 
  • They went south with hole GS2103. I think they are starting to go down to see if the documented gold occurences could be good hits. 
For now, I'm very excited with regards to these holes:
  • GS2012 (South of Wyoming Vein)
  • GS2114 (West of Cleary Hill Vein)
  • GS2115 (West of Tolvana Vein)  - There are several documented gold occurences going south west towards Newsboy zone. 
  • GS2103 (Extreme south) - I'm praying to the gods this one is a great hit.
    • If this is a hit... I would assume they'll start drilling between GSDL2001 (our baby) and GS2103.
At the end of the day, I'm no geologist and I'm making assumptions on their thought process. However, the Dolphin Cleary Zone has been great us and I'm going to assume greater things to come from the other veins. If you look at the May 2021 presentatiion (Page 24 of 33), there's a whole lot of land to cover... and a lot of gold to find (hopefully) :)

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