Freeman Gold Completes Successful Lemhi 2022 Resources Expansion Drill Programme
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Freeman Gold Completes Successful Lemhi 2022 Resources Expansion Drill Programme

byColin Sandell-Hay, Contributor - The Assay
3 years ago
Reading Time: 2 mins read
Freeman Gold Confirms Excellent Lemhi Gold Recovery Rates

Freeman Gold Corp. (TSXV: FMAN) has successfully completed its 2022 drill programme at its 100% owned Lemhi Gold Deposit, Idaho, USA.

The programme consisted of 58 diamond drill holes and 13 reverse circulation (RC) for a total of 15,349 m.

Drilling successfully extended known mineralization in areas previously modelled as barren (unmineralized) in the company’s maiden mineral resource estimate with the objective of increasing the modelled in-pit ounces.

“We had a very busy year, which included extensive expansion drilling, permitting milestones, positive metallurgical work and a new discovery, as we are completing the building blocks for our PEA. In addition, senior management has supported the stock by continuing to expand our positions,” Executive Chairman, Paul Matysek, said.

Highlights

Drilling:

To date, results for 50% (29 holes) of the completed holes, including three holes at the company’s high grade Beauty Zone gold discovery have been received and released. Drilling highlights from this campaign include:

– Discovered the Beauty Zone with initial drill hole containing 68.23 g/t Au over six metres and five follow-up holes with results pending for three RC holes;

– Significant shallow intercepts in oxide expanded the known mineralization to both the east and west by 80 and 166 m, respectively;

– Gold mineralization now extends to at least 348 m and is open at depth; and

– Selected highlighted results include 0.61 g/t Au over 66m, including 3.1 g/t Au over 5.0m (FG22- 011C); 0.55 g/t Au over 55m, including 1.1 g/t Au over 18.52m (FG22-001C); 0.34 g/t Au over 105.92m including 1.49 g/t over 7.0m (FG22-031C); 0.24 g/t Au over 156.69m including 2.1 g/t over 7.44m (FG21-004C); 1.2 g/t Au over 24m (FG22-036C), 0.4 g/t Au over 41m (FG22-003C); 1.5 g/t Au over 9.0m (FG22-010C); 0.61 g/t Au over 90m, including 0.92 g/t Au over 15.97m (FG22-009C); 0.94 g/t Au over 41m, including 1.67 g/t Au over 17m (FG22-014C); 0.73 g/t Au over 7.5m (FG22-002C; deepest mineralization drilled to date (340m) at Lemhi; and 2.1 g/t Au over 16m (FG22-016C).

For further information please visit: https://freemangoldcorp.com/

Tags: ExplorationGoldIdahoPrecious MetalsTSXV:FMANUSA
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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