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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 goldhunter11on May 05, 2021 12:59pm
189 Views
Post# 33132838

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:Under the Spotlight – Freegold Ventures LimitedBlueChipper2020
Thanks for pointing that out. You have sharp eyes.

I missed the "grayed-out" numbering, since the 12 April  NR was for several holes of the 2020 drill program, and FVL did not have a Legend on the diagram to show  the 2020 holes and 2021 hole (grayed out). In the text they have completed 13 out of the first 15 of the 80-hole 2021 program, but not refer to the diagram, and assays are expected to be in the pipeline. From the information, the area potential area would be about 900m x 900m with the initial 15 holes from the 2021 drill program. This would be useful for investors to know.
Thanks again.
GH11
PS: Companies would need to lead investors by the hands (and use simple language, and at some risk of being redundant) and point out to them what they are looking at. It would seem that FVL is not hiding info from investors,... they are simply too "economical" with explanations, and leaving it up to the investors to dig more. But just lay everything bare on the table would be helpful fo everybody, including getting mundane questions from investors. Insiders like ES nd competitors would know everything, so there would be no point in  hiding info from them. All that would need to be done is to put retail investors on a more equal footing with insiders and major investors.

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