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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 BlueChipper2020on Oct 21, 2021 11:18am
184 Views
Post# 34032685

Drilling continues

Drilling continuesThe Company continues to chip away at the FY 2021 drill program. We still have a ways to go and have 10M left to dril and a lot of pending holes/assays in the coming months which will spill well into next year. ONe excerpt from the PR today shows what a small piece of the puzzle they are trying to put together (along with continuing to add to the global resource in a big way with these very large intersections): 


Hole GS 2125 was collared within the intrusive, and remained in the intrusive until 111.5 metres, where it intersected quartz biotite schist . At 195 metres  it re-entered intrusive until 285m where it re-entered quartz biotite schist for the remainder of the hole.  The highest grade portion of the hole lies within schist in the footwall of the intrusive.

Again, just one point above, however management has always stated it is gonna take a lot of drilling to determine the orientation of the higher grade sections. Looking forward to the release of assays and drilling just south of Cleary and the eastern sections. I stated before we are very overdue for an exploration surprise. 

GLTA
BC

LET GO BRANDON 


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