Freeman Gold Corp. (TSXV: FMAN) has successfully extended known mineralisation at the Lemhi Gold Deposit, Idaho, by up to 80 metres to the east.
The company has now received results for 11 diamond drill holes from the company’s 12,168 m Phase II resource expansion drill programme at its 100% owned Lemhi Gold Deposit.
Ten of these drill holes were designed to test mineralisation on strike to the east of the known deposit (expansion holes) and one infill hole to improve the resource confidence in zones with historical drill holes.
The expansion holes represent 20 to 80 metre step outs to the east of existing drilling where mineralisation is open. These areas were previously modelled as unmineralised due to lack of drilling in the initial maiden mineral resource estimate (MRE).
The current MRE comprises an Indicated Mineral Resource of 22.94 million tonnes at 1.02 g/t Au for 749,800 oz of gold and an Inferred Mineral Resource of 7.68 million tonnes at 1.01 g/t Au for 250,300 oz of gold.
The MRE covers a surface area of 400 by 500 metres and extends down to a depth of 180 metres below surface. The resource expansion holes that form the bulk of the current Phase II drill program are designed to extend this current resource both along strike and at depth.
“These first ten drill holes step out up to 80 metres along strike, adding approximately 20% to the known mineralised east-west strike length,” Executive Chairman, Paul Matysek, said.
“This initial batch of results gives us confidence that we will increase our overall gold resource and likely improve the economics by adding crucial ounces within our eastern pit shell boundaries. Similar drilling has been completed to test the west and north extents of the deposit and we eagerly await the results.
All holes drilled to date have intersected shallow oxide gold. Selected highlighted results from the 10 holes are 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 mineralisation drilled to date (340m) at Lemhi); and 2.1 g/t Au over 16m (FG22-016C).
Gold mineralisation now extends to at least 348 metres and is open at depth.
For further information please visit: https://freemangoldcorp.com/
