Freegold Ventures Limited T.FVL

Alternate Symbol(s): FGOVF

Metals & Mining Gold

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

Freegold Ventures Limited

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Post by Mikee3003on Sep 26, 2024 7:09pm

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Post# 36243229

Rock for Fort Knox

IMO...Kinross will one day own FVL. The rock to provide food for the Fort Knox mine will soon be coming from the Mahn Choh Kinross site which is 240 miles away! Fort Knox rock will be exhausted in the next few years. Also keep in mind that Mahn Choh will only be able to provide rock to Fort Knox for 4-5 years.

FVL's Golden Summit is literally minutes away from Fort Knox along the same Tintina Gold Belt. Having been employeed as a Senior PM in major construction projects my entire career I understand the costs of hauling rock 240 miles each way! The environmental and economic factors are undisputable. Just a matter of time!

GLTA

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Investors eye Australian gold mining projects amid promising developments