An average gold recovery of 77% from eight composites using conventional processing techniques - gravity and CIL 97% using gravity + flotation. A flowsheet of gravity-flotation-CIL on reground concentrate yields 72% gold recovery along with a high mass desulfurized tailings stream Further optimization studies are underway. Freegold Ventures Ltd. is pleased to announce positive results based on the initial metallurgical [...]
Freegold Ventures Ltd. is pleased to announce the commencement of drilling at Golden Summit with two diamond drill rigs focused on identifying zones of higher grade gold mineralization. Mineralization identified in the 2020 - 2023 drill programs demonstrates the higher-grade mineralization dips moderately south towards the Dolphin intrusive and is bounded toward the north by significant faulting. Mineralization is deeper [...]
Freegold Ventures Ltd. is pleased to report results from the final two holes of the 2023 drill program. The 2023 drill results will be incorporated into an updated mineral resource estimate , which is anticipated to be released later this quarter. The drilling conducted in 2023 successfully demonstrated the potential for immediate expansion towards the west, with potentially higher grades. It is important to note that the [...]
Freegold Ventures Ltd. is pleased to announce the 2024 exploration program for its Golden Summit Project. Results remain pending for the 2023 drill program holes GS2336 and GS2337. Both holes were drilled in the western portion of the current resource. Once available, the results from these holes will be reported. The 2023 drill program results will then be incorporated into an updated mineral resource estimate. The 2023 [...]
Freegold Ventures Ltd. , is pleased to announce that further to its news release of March 8, 2024, the Company has closed its upsized brokered private placement offering for aggregate gross proceeds of $10,000,000). Paradigm Capital acted as sole agent on the Offering. In connection with the Offering, the Company entered into an agency agreement dated March 26, 2024, between the Company and the Agent. In accordance with [...]
Freegold Ventures Ltd. , is pleased to announce that, due to investor demand, the Company and Paradigm Capital Inc. have agreed to increase the size of Freegold Ventures' previously-announced best efforts private placement offering . The amended Offering is now for 25,000,000 units of the Company at a price of $0.40 per Unit for total gross proceeds of $10,000,000. Each Unit will be comprised of one common share of the [...]
Freegold Ventures Ltd. , is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. , in connection with a proposed best efforts private placement financing for total proceeds of a minimum of $5.0 million and up to a maximum of $7.5 million, consisting of a minimum of 12,500,000 units and up to a maximum of 18,750,000 units of the Company at a price of $0.40 per Unit. Each Unit will be [...]
Freegold Ventures Ltd. is pleased to report drill results from the Saddle Zone drilling as part of the 2023 exploration program at Golden Summit. The 2023 program has been very successful in demonstrating significant expansion potential with drilling 250 meters west of the main Cleary/Dolphin zone intersecting multiple zones with over 2 g/t of gold over a considerable width within a broader interval of 1.76 g/t Au over [...]
Freegold Ventures Ltd. is pleased to announce additional drill results from the 2023 drill program, including further drilling west of Willow Creek which returned 133.5m grading 1.43 g/t beginning at 96.6m. Today's results successfully: Confirmed the potential to further expand the resource along strike to the west within a 1.5 kilometre-long gold-in-soil geochemical anomaly at potentially shallower depths and Highlighted [...]
Freegold Ventures Ltd. is pleased to announce additional drill results from the 2023 drill program, including the first results from the 2023 drilling west of Willow Creek. Results are still pending for GS2332, GS2334, GS2335 - GS2337, additional holes, collared west of Willow Creek to test the westerly extensions of the existing resource. Today's results successfully: Confirmed the potential to further expand the [...]
0.75 g/t Au over 444.9m Including 2.6 g/t Au over 24.5m Including 1.11 g/t Au over 57m Including 1.74 g/t Au over 18.9m Freegold Ventures Ltd. is pleased to announce the successful completion of the 2023 drill program. Over the year, the Company drilled a total of 44 holes. Between 2020 and 2022, Freegold's drilling successfully increased the resource from 1.35 Moz to 12.6 Moz Indicated and from 1.58 Moz to 7.7 Moz [...]
40.3 g/t Au over 3 metres 1. 0g/t Au over 100.7 metres Including 1.44 g/t Au over 31.4 metres 1.03 g/t Au over 18.8 metres Freegold Ventures Ltd. reports it has successfully confirmed the downdip continuity of the Cleary Vein Zone. Having increased Golden Summit's in-pit resource ounces with its 2020-2022 drill programs from 1.35 Moz to 12.6 Moz Indicated and from 1.58 Moz to 7.7 Moz Inferred, the primary strategy of [...]