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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 May 03, 2021 3:01pm
183 Views
Post# 33115758

RE:RE:RE:RE:RE:RE:RE:Under the Spotlight – Freegold Ventures Limited

RE:RE:RE:RE:RE:RE:RE:Under the Spotlight – Freegold Ventures Limited
gmag66 wrote:  
Goldhunter11.  If I were Kristina there is no why in hell I would post my drill plan.  There are far too many armchair geologists around and lets face it,  we retail investors are already way too annoying already!!   Let them drill..... they know what they are doing. 



gmag66 

YOu are 100% correct. I am not aware of any other company that would post details of exactly where they are drilling. In this case there are 4 rigs, and adjustments are made all the time based on assays received, changing interpretations, drilling difficulties etc. So you would never publish anything more than what they have explained thus far. They do know what they are doing and have access to Sprott's army of geolgists and other experts he has in his stable. 

The 16 holes or so released of the FY 2020-10,000 metre program (I believe we have a few assays o/s) probably added a 2-3 million ounces to the 6.5M historical (which is an outdated estimate).  We have not had any results thus far from FY 2021 - 40,000 metre and 4 rig program which was started in February. This entire play will be different towards the end of this year. 

BC
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