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Freegold Ventures Limited T.FVL

Alternate Symbol(s):  FGOVF

Freegold Ventures Limited is a Canada-based company focused on exploration in Alaska. The Company holds Golden Summit Gold Project near Fairbanks and Shorty Creek Copper-Gold Project near Livengood through leases. The Golden Summit Project is a road-accessible gold exploration project near Fairbanks, Alaska. The project comprises approximately 53 patented claims, 107 unpatented federal claims, and 244 State of Alaska claims that cover a total area of 6,110.4 hectares. The property includes Keystone Claims, Newsboy Claims, Tolovana Claims, Green Claims, Chatham Claims, Alaska Mental Health Trust Property, Alaska Mining and Development Property, Discovery Claims, and Cheechako Claims. The property includes three main rock units: Fairbanks Schist, Chatanika Terrane and intrusive rocks. The Shorty Creek Project is 120 kilometers northwest of Fairbanks, Alaska and four kilometers south of the all-weather paved Elliott Highway within the Livengood-Tolovana Mining District.


TSX:FVL - Post by User

Bullboard Posts
Post by Tinyhopeson Jun 15, 2018 6:35pm
117 Views
Post# 28180332

Freegold (FVL: TSX) is a Toronto

Freegold (FVL: TSX) is a Toronto Freegold Ventures Limited Freegold (FVL: TSX) is a Toronto Exchange listed company focused on exploring for copper and gold near Fairbanks, Alaska. Holding both the Golden Summit project, an advanced stage gold asset on which Freegold completed a preliminary economic assessment in January 2016, and the Shorty Creek project, an exciting new copper-gold porphyry discovery, Freegold is well positioned to take advantage of rising metals prices. The PEA recommended the advancement of the Golden Summit project through pre-feasibility. A small oxide expansion drill program was undertaken during 2017. Considerable additional expenditures including infill and definition drilling - both oxide and sulphide, as well as additional metallurgical testwork and significant environmental baseline studies will be needed to advance the project to the pre-feasibility level. Drilling by Freegold in 2015 on Shorty Creek discovered copper mineralization grading 0.55% Cu over 91 metres. Follow-up programs in 2016 and 2017 continued to demonstrate the exploration potential of Shorty Creek. Intercepts have included 434.5 metres grading 0.36% copper (2016) and 339 metres grading 0.30% copper (2017) with potentially significant by product credits including gold, silver, cobalt and tungsten. learn more Recent News
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