Freegold Ventures Confirms Higher-Grade Gold Potential at Golden Summit
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Home News Drilling Results

Freegold Ventures Confirms Higher-Grade Gold Potential at Golden Summit

byEleanor Laurence - Content Producer, The Assay
2 weeks ago
Reading Time: 1 min read
Freegold Ventures Announces C$30M Best Efforts Private Placement

Freegold Ventures Limited (TSX: FVL) has announced the final results from its 2024 drill programme at the Golden Summit Project in Alaska, reaffirming the project’s higher-grade gold potential.

The latest results include 1.48g/t Au over 163.4m and 1.32g/t Au over 186.5m in the Cleary Vein System area. These findings further support the continuity of broad zones of mineralization and suggest the potential for a robust higher-grade component within the existing resource footprint.

President and CEO Kristina Walcott noted, “The 2024 programme successfully confirmed the continuity of higher-grade zones at Cleary and strengthens our confidence in the potential to enhance both grade and tonnage as we advance toward a new resource update.”

The company is now planning an updated mineral resource estimate incorporating the 2023 and 2024 drill data. Additional metallurgical work and an updated Preliminary Economic Assessment (PEA) are also expected later in the year.

For more information, www.freegoldventures.com

To read more articles like this, please visit www.theassay.com/news

Tags: AlaskaGoldTSX:FVL
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Eleanor Laurence - Content Producer, The Assay

Eleanor Laurence - Content Producer, The Assay

Eleanor is new to the team as a Content Producer for the Assay magazine. Eleanor moved to Hong Kong from the UK in 2020 after graduating, to work in content writing in the education sector. She looks forward to building on her experience whilst continuing to learn about the mining industry. Eleanor holds a degree in Anthropology from the University of Exeter.

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