Freeman Gold Corp. (TSXV: FMAN) has identified further shallow oxide gold in results from an additional 15 diamond drill holes from the company’s 12,000m Phase II resource expansion and infill drill program at its wholly owned Lemhi Gold Deposit, Idaho, USA.
These drill holes were designed to test mineralization on strike to the south and southwest of the known deposit (expansion and infill holes) to improve the resource confidence in zones with historical drill holes and expand mineralization.
The infill and expansion holes represent drilling up to 350m to the south and southwest of previous drilling by Freeman where mineralization was open and untested by drilling.
Many of these areas are modelled as unmineralized due to lack of drilling in the initial maiden mineral resource estimate (MREc). The current MRE comprises an Indicated Mineral Resource of 22.94Mt at 1.02g/t Au for 749,800oz of gold and an Inferred Mineral Resource of 7.68Mt at 1.01g/t Au for 250,300oz of gold.
The MRE covers a surface area of 400m by 500m and extends down to a depth of 180m below surface. The resource expansion holes that form the bulk of the current Phase II drill programme are designed to extend this current resource both along strike and at depth.
“We have very encouraging and more positive results from the latest assays from the recent drilling. The results to date clearly show gold mineralization is now known to extend east, west and south at Lehmi. The Lemhi gold deposit is expanding in all directions and we are confident that it will positively impact the updated Mineral Resource which will be underway once all assays have been received,” Executive Chairman, Paul Matysek, said.
All holes drilled to date have intersected shallow oxide gold. Selected highlighted results from the 15 holes are: 5.95g/t Au over 9.14m (FG22-022C); 0.9g/t Au over 23m, including 1.39g/t Au over 13m (FG22-037C); 0.54g/t Au over 19m, including 1.0g/t over 8.0m (FG22-038C); 0.59g/t Au over 19m (FG21-045C); 0.98g/t Au over 17m, including 2.1g/t Au over 5m (FG22-048C); 1.22g/t Au over 38.59m, including 2.73g/t Au over 10m (FG22-050C), and 2.4g/t Au over 13.72m (FG22-061R).
For further information please visit: https://freemangoldcorp.com
