Freegold Ventures Limited T.FVL

Alternate Symbol(s): FGOVF

Metals & Mining Gold

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

Freegold Ventures Limited

Bullboard Posts

Comment by Covid19Investoron Jun 01, 2020 6:17am

173 Views

Post# 31095032

RE:RE:RE:FVL is moving

@VENMan Thansk for the explanation. I didn't see the perspective about the odd.

VENMan wrote: @covid19Investor to answer your question, it's only my opinion!
But please answer me this: If you and me went out and drilled a hole and it returned 188m at 3.69 g/t Au gold and we stop drilling into over 9 g/t Au of gold. What would be the Odds of that spot being the only spot there was any gold to be found? What would be the odds that there was no ore body at all but we just happened to drill the only spot on all that land were there was gold? No other spot has any gold, just the one spot we happened to drill had all the gold and there's no more gold to be found over all the land? How unlucky would we be to drill a hole that returns 188m at 3.69 g/t Au gold and we stop drilling into over 9 g/t Au of gold and No other spot over the whole land returns any gold at all?
What would the odds be of that in your opinion?
Do you understand that the odds of that happening would be greater than the odds of finding an ore body?
All IMO!

Covid19Investor - (5/30/2020 7:53:41 PM)
RE:FVL is moving
@VENMan Does it a fact or an opinion ?

VENMan wrote:

Who really knows how much more gold they found but it's gotta be so much more to this one hole drill result! oh baby!