Freegold Ventures Limited (TSX: FVL | OTCQX: FGOVF) has announced recent developments from its successful drilling programme in 2024, highlighting four specific holes that were drilled to facilitate additional metallurgical testing. These holes were strategically designed to collect representative material from the deposit while improving infill drilling efforts.
Approximately ~2,400 of ½ PQ core (~ 20t) have been shipped to BaseMet Labs in Kamloops, BC, where a comprehensive suite of metallurgical testing is currently underway and will also focus on attaining comminution characteristics over primary lithologies and alteration at Golden Summit.
Notably, test work conducted earlier this year showed an average recovery of 77% using gravity and CIL; however, flotation and oxidation are expected to increase recoveries to over 90%. The programme will include further leach, gravity and CIL, and BIOX®, POX, and Albion® test work with additional data from these 2024 drill holes to facilitate future trade-off studies. This testing is expected to take several months to complete.
Among the completed test holes, Hole GS2421 is in the Cleary Area on the east side of the resource footprint, while Hole GS2412 is west of Willow Creek on the west side of the resource footprint. The remaining two holes, GS2414 and GS2418, are in the north and south flanks of the main Dolphin area.
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