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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

Post by TuTomekon Feb 07, 2021 8:13am
464 Views
Post# 32495071

somebody posted a message from Freegold

somebody posted a message from Freegold
Thank you for your email. Preparations are going well for our 40,000 metre drilling program for 2021. News flow is expected to be geared towards assay results and the company is hopeful that it will have a steadier stream of assay results not only for the benefit of the market but also for the benefit of the exploration program. Despite having our assays processed on a rush basis turnaround remains slow. Although the company continues to drill on the basis of its revised interpretation, assays results would provide additional guidance to further refine the target areas as the higher grade is not visually obvious. We are endeavouring to connect the broad zones of higher grade mineralization, however correlating the specific high grade intercepts at this time is difficult as not enough close spaced drilling has been completed to date. In the Dolphin area these broad zones remain open in all directions, and in the Cleary Area we believe there will be multiple zones of higher grade material, particularly to the south. The 2021 program will be targeting these areas also. Thank you for your interest in Freegold.


https://ceo.ca/fvl


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