Freegold Ventures Ltd. – At the request of IIROC , Freegold wishes to confirm that it is not aware of any material, undisclosed information that would account for the recent increase in market price and level of trading volume of its ordinary shares. A 10,000 metre diamond drill program is currently in progress at Golden Summit. No results from that program are yet available. About Freegold Ventures Limited Freegold is a [...]
Freegold Ventures Ltd. is pleased to announce that drilling has recommenced on its Golden Summit Project near Fairbanks, Alaska. A Phase 1 - 10,000 metre drill program is planned, starting with the completion of Hole GSDL2002 which was shut-down at 165 metres in March due to safety concerns resulting from COVID 19. Holes GSDL2001 and GSDL2002 were initially planned to test Freegold's revised interpretation that the strike [...]
Freegold Ventures Ltd. announces that further to its news releases of May 7, 2020 and May 26, 2020, the Company has closed a fully subscribed second tranche of its previously announced brokered private placement for additional gross proceeds of $5,750,100, including over-allotment proceeds . Including proceeds from the first tranche, previously closed on May 26, 2020, the aggregate proceeds of the offering are [...]
Freegold Ventures Ltd. announces that further to its news release of May 7, 2020, the Company has closed the fully subscribed first tranche of its previously announced brokered private placement for aggregate gross proceeds of $5 million . Paradigm Capital Inc. acted as sole agent on the Private Placement of Units of the Company and subscription receipts . In connection with the Private Placement, the Company entered into [...]
Freegold Ventures Ltd. , a growth-focused gold exploration and development company, announces that it has agreed to issue, addition to the private placement announced on May 7, 2020 up to C$5 million via a second tranche best efforts brokered private placement . Paradigm Capital Inc. will act as sole agent on the Private Placement of subscription receipts . Each Subscription Receipt will be issued at a price of C$0.30 per [...]
Freegold Ventures Ltd. , a growth-focused gold exploration and development company, announces that it intends to raise up to C$5 million via a best efforts brokered private placement . Paradigm Capital Inc. will act as sole agent on the Private Placement of Units of the Company and subscription receipts . Each Unit and each Subscription Receipt will be issued at a price of C$0.17 per Unit for combined gross proceeds of up [...]
Freegold Ventures Ltd. is pleased to announce assay results from its temporarily suspended drill program on its Golden Summit Project near Fairbanks, Alaska. Drill results returned multiple intercepts of higher-grade mineralization within the projected extension of the Cleary Vein system . Hole GSDL2001 was drilled to a depth of 548 metres and intersected 188 metres grading 3.69 grams per tonne . Significantly, the last [...]
Freegold?Ventures?Limited???announces that drilling has been suspended on its Golden Summit Project near Fairbanks, Alaska. The program was expected to test a revised interpretation based on Freegold's work that higher-grade mineralization may extend to the west of the old Cleary Hill Mine workings in an area of limited previous drilling. As the district's highest grade historical underground mine Cleary Hill produced [...]
Freegold Ventures Ltd. is pleased to announce that drilling is commencing on its Golden Summit Project near Fairbanks, Alaska. The program is expected to test a revised interpretation based on Freegold's work that higher-grade mineralization may extend to the west of the old Cleary Hill Mine workings in an area of limited previous drilling. As the district's highest grade historical underground mine Cleary Hill produced [...]
Freegold Ventures Ltd. is pleased to announce that South32 Limited has committed to fund Year Two exploration which represents a minimum US$2 million expenditure towards further exploration at the Shorty Creek porphyry copper project. The 2020 program is expected to be focused on additional drilling on the Shorty Creek Project; more details on the proposed program will be released over the coming months. During the 2019 [...]
Freegold Ventures Ltd. is pleased to announce the results of the 2019 drilling program at Shorty Creek. A diamond drill program commenced in mid-August and a total of 5 holes were drilled. Difficult drill conditions resulted in the abandonment of three holes. Two holes were abandoned before their target depth on Hill 1835 and one hole on Hill 1710 area was also abandoned before reaching target depth. The first drill holes [...]
Freegold Ventures Ltd. is pleased to announce the completion of the 2019 drilling program at Shorty Creek. During the 2019 program 100 km of induced polarization and 98 km of ground magnetic surveys were completed. In addition 543 soil samples were collected. A diamond drill program commenced in mid August and a total of 5 holes were drilled. Difficult drill conditions resulted in the abandonment of three holes. Two [...]