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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 BlueChipper2020on Sep 21, 2021 10:05am
162 Views
Post# 33891774

RE:Fvl to mine itself.

RE:Fvl to mine itself.
Flyby1969 wrote: Seeing some chatter about FVL may be going to do a pre feasibility and possibly getting into mining it's resource by itself or as a JV. Any thoughts?


Non sense at this stage. They need to finish the FY 2021 drill program which has a long long way to go in terms of getting assay results. They then need to do an updated resource estimate since the one they have is very stale dated and does not reflect any of the new zones they have been drillling the past year and a half. The next step is a Preliminary Economic Assessment (PEA) then we will see what happens. In the meantime they will also have a FY 2022 drill program and also they will be doing metalurgical studies ect. ect. You need to do all of this before a PFS and that assumes the project warrants going to that level.  Lots can happen in this time period of a few years. 

GLTA
BC
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