Freegold Ventures Limited (TSX: FVL | OTCQX: FGOVF) has announced additional results from the 2024 drilling programme. 27 holes have been completed, with two more currently in progress. The 2024 drill programme is strategically targeting the western extension for potential additional expansion ahead of the commencement of a pre-feasibility study.
The drilling has been systematically testing the expansion of the west zone, with some holes drilled to the north to delineate mineralization boundaries on the west side (GS2404, GS2409, GS2410).
GS2406, GS2407, and GS2408 show promising signs as they follow the historically higher-grade veins on the west side of Willow Creek, intersecting multiple higher-grade intercepts over significant widths. As drilling progresses westward, a change in the orientation of the mineralization has been observed, which seems to align with the orientation of the mineralization at the historic Newsboy Mine, where the mineralization dips to the north.
Furthermore, the company has stated that more western holes have revealed larger veins, consistent with historical reports indicating the presence of substantial veins with mineralization dipping northward and to greater depths.
In addition to the ongoing drill programme, metallurgical, baseline environmental, cultural resource, and wetland studies are ongoing.
To find out more, please visit www.freegoldventures.com
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