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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

Comment by BlueChipper2020on Feb 27, 2021 11:14am
160 Views
Post# 32678791

RE:RE:RE:I see Sprott and Kristina sill have their heads in the sand.

RE:RE:RE:I see Sprott and Kristina sill have their heads in the sand.Follow up to Stockinsider225


First of all FVL is not an SEC reporting issuer. The Company, like most juniors trade on the OTC pink sheets with a trading symbol however they do not file periodic financial reports under US security laws (unlike some companies which are listed on the OTC and are US filers or foreign private issuers). 

ES never made any such claim. However I will. The Company had 6.5M ounces of indicated and inferred ounces going back to a drilling completed during the years 2013 to 2016, or around that time.  WIth the drilling they completed in 2020 which is a ridiculously low number of holes , north of the Dolphin instrusive and the CVS zone, one can easily do calculations which will bring them to the 10M ounce mark. There are 8 deep holes pending and 40,000 metre program to complete in 2021, they will update their 43-101 likely in early 2022, and get more than 10M in my view. 

The Company during this process is more likely than not, to hit more high grade areas which help the economics that much more. However when you are in the 10M + ounces ballpark, the nature of the deposit changes. 

Your post is non sense. 

GLTA




 
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