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Freegold Ventures Limited


ADVANCING ONE OF NORTH AMERICA’S LARGEST UNDEVELOPED GOLD DEPOSITS


Bullboard - Investor Discussion Forum 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... see more

TSX:FVL - Post Discussion

Freegold Ventures Limited > 17 HOLES AND MAY 2020
View:
Post by BlueChipper2020 on Jul 14, 2021 2:38pm

17 HOLES AND MAY 2020

Since the initial monster hit GS 2001 in May 2020 (as one of the two holes to test management's new theory/intrepretations), we have had the following: 

1. GS 2002- Released September 2020 after painfully long wait 
2. Holes GS 2003-2018 (two holes of this were lost, so 14 holes here) released later in 2020 including a few in 2021. 
3. 2 holes out of the expected 80 comprising the FY 2021 40K metre drill program 


So the initial monster hole 2001, we have had a grand total of 17 holes from May 2020 to July 14, 2021. 

How long will the remaining 78 holes (e.g. 80- 2) for the FY 2021 program take to all be drilled and assays released? Based on the above, you can count on mid 2022 on the earliest. Problem with this, is how do you know how to base your drill rigs if you are not receiving timely information. That drags out the process, which hurts treasury and shareholders. So these delays do cost money.  Of all my juniors, the delays here are the worst by far. I understand SH fustration here. 

GLTA
BC
Comment by gmag66 on Jul 14, 2021 6:20pm
 I hear you BC, frustrating for all!   I am not living in Alaska but if they are experiencing the same labor problems that we are experiencing where I do live this likely will not resolve itself until the governments stop the stimy cheques.   Where I live businesses are in desperate need of staff.  We have had banks close, Starbucks close, McDonalds close because of a ...more  
Comment by BlueChipper2020 on Jul 14, 2021 9:38pm
gmag66 I think you are right. These FVL delays are very unusual and causing major problems for us in terms of time. I think a lot of investors like this company but know they have lots of time. BC
Comment by Wtfover on Jul 15, 2021 12:09pm
BC I agree totally these delays are nerve rattling. But they could set up a core splitting saw of their own pay a way better wage and get the core samples moving faster to the assay offices. It's time to think outside of the box and get these assays moving, with the fourth drill starting soon at Shorty Creek, management should be thinking this. Plus try and post a few pics on Twitter now and ...more  
Comment by gmag66 on Jul 15, 2021 2:42pm
WTFover, all good ideas and I'm sure they haven't thought of them too. 
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Investor Presentation

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Investment Opportunity

GOLDEN SUMMIT

  • Major gold resource with exceptional infrastructure

  • Indicated Au Ounces 12,050,000 @1.08 g/t

  • Inferred Au Ounces 10,306,000 @ 1.04 g/t

  • Additional studies in progress

  • Gold in soil anomaly west of willow Creek covers area larger than current resource

  • Potential exists for higher grades at shallower depths and may significantly alter overall project economics

  • 2024 drilling underway

Contact Us

PO Box 10351
Suite 888 - 700 West Georgia Street
Vancouver, BC
604-662-7307
ask@freegoldventures.com