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 [...]
Freegold Ventures Ltd. , reports additional higher-grade mineralization at its Golden Summit Project. The two holes reported are from the northwest limits of the Dolphin Zone. Drilling is also targeting previously untested higher-grade zones, the Tolovana vein swarm west of Dolphin and the Saddle Zone, 4km to the east of Dolphin Cleary Zone. While assays have yet to be received for these two target areas, visible gold [...]
Several high-grade intercepts: 113.3 metres grading 5.42 g/t Au including 3.1m grading 160 g/t Au - GS2314 and 2.4m grading 82.5 g/t Au - GS2314 181.9m grading 1.22 g/t Au - GS2317 Freegold Ventures Ltd. , continues to successfully intercept higher grade at its Golden Summit Project as two drill rigs continue to operate. In the Dolphin Cleary area 34 holes have been completed since March. Assays for 17 holes have now been [...]
Additional Highlights: GS2309 - 28.9g/t Au over 2.1m and 15.7 g/t Au over 3.1 M within 0.75 g/t Au over 497.1m GS2310 - 11.75 g/t Au over 1.4 M at GS2311 - 25.7 g/t Au over 1.0 M Freegold Ventures Ltd. , is continuing its success on the Golden Summit Project as two drill rigs continue to operate. A total of 30 holes have been completed since March. The completed holes are mainly in the west north-west area of the Dolphin [...]