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Freegold Ventures Limited


ADVANCING ONE OF NORTH AMERICA’S LARGEST UNDEVELOPED GOLD DEPOSITS


Bullboard - Investor Discussion Forum 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... see more

TSX:FVL - Post Discussion

Freegold Ventures Limited > While this stock hits 0.80+
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Post by StonksInvestor on Oct 29, 2020 4:09pm

While this stock hits 0.80+

I started reviewing the maps and articles again. I keep getting excited everytime I do. 


Old Map:

https://freegoldventures.com/site/assets/files/2150/drill_plan_map09112020.pdf
  • Hole F: I think this is dependent on GSDL2005.
  • Hole H: I think this is depedent on GSDL2007.
  • Hole L: This is now GSDL2008/2009.
    • I won't get too excited about these due to the depth 442.4m/420.6m  but I still think 400m + is deep. 
Brad Aelicks mentioned that GSDL2005 was interesting because no geologist would recommend drilling that deep (645M) without encouragement from the mineral system. At the very least, we'll get additional low-grade gold. I truly believe it'll be high-grade but who knows?

Now looking at GSDL2007.. this was drilled to a depth of 573m. That's more than GSDL2001. Therefore, there must be encouragement from the mineral system. At the very least, we'll get additional low-grade gold. The more the merrier. If this is is a good hit, I think it's fair to say that we'll attempt to expand the mineral resource estimate (Hole H). 

New Map (This doesn't contain proposed holes, just drill holes). 

https://freegoldventures.com/site/assets/files/2155/fvl_10262020_map.pdf

Brad Aelicks mentioned earlier that GSDL2002 seemed like a very risky giant step out, but the technical staff had to plan for these holes. What I find interesting is that in the old map, there was no planned holes for GSDL2012. It wasn't planned for in the previous map (i might be overthinking) but this is even more risky than GSDL2002, so why go east again unless theres encouragement to do so? Time will tell.

Also I saw that a new company report was put up (will read later today), see the link below:

https://www.freegoldventures.com/site/assets/files/2158/10262020_e_version.pdf

GLTA
Comment by buckster6413 on Oct 29, 2020 4:19pm
An informative and relevant post, no insults, no hair pulling no accusations and no BS. I am going read Stonkinvestor, Bluechipper and a few others while the vast majority of you give each other wedgies and purple nurples. It is recess at the FVL board, think I will stay inside and the room and listen to the teacher.
Comment by Minray on Oct 29, 2020 11:45pm
Thank you sir. Another post into my favourites!
Comment by tanneri on Oct 30, 2020 5:16am
This is going to be a very profitable play for anyone in this right now, I dont wanna sound like a bearer of bad news as I'm very confiditent with Freegold as well but I could see us dipping back to the .60's before news comes. If we get a mention from Uncle Eric today we shoud see a nice pop. Could just as easily go the otherway with no mention though.
Comment by lotto6492 on Oct 30, 2020 10:07am
Question  on  hole 2008/2009  if depth is 400+m , if they started hole at 70 degrees and drilled to 400+m  is that the length of pipe or tvd ( true verical depth) if its pipe length the tvd is only 143+m
Comment by StonksInvestor on Oct 30, 2020 10:30am
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  ...more  
Comment by lotto6492 on Oct 30, 2020 10:38am
Your right on both .... sorry
Comment by Lester55 on Oct 30, 2020 10:38am
-70 degrees is from Horizontal - the dip.  Vertical is -90 Depth is drill hole depth, so you could say pipe length.  Measured Depth.
Comment by Lester55 on Oct 30, 2020 11:03am
[url=https://https://freegoldventures.com/site/assets/files/2150/section_09112020.pdf]https://freegoldventures.com/site/assets/files/2150/section_09112020.pdf[/url] Collared @ -70 but approached near vertical  616 m measure depth 548 m TVD 576 m is the "measure from top to botton excluding dip as reported by FVL
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Investor Presentation

View the Presentation

Investment Opportunity

GOLDEN SUMMIT

  • Major gold resource with exceptional infrastructure

  • Indicated Au Ounces 12,050,000 @1.08 g/t

  • Inferred Au Ounces 10,306,000 @ 1.04 g/t

  • Additional studies in progress

  • Gold in soil anomaly west of willow Creek covers area larger than current resource

  • Potential exists for higher grades at shallower depths and may significantly alter overall project economics

  • 2024 drilling underway

Contact Us

PO Box 10351
Suite 888 - 700 West Georgia Street
Vancouver, BC
604-662-7307
ask@freegoldventures.com