Freeman Gold Corp. (TSXV: FMAN) has obtained promising results from 15 diamond drill holes from the company’s 12,000m Phase II resource expansion and infill drill programme at its 100% owned Lemhi Gold Deposit, Idaho, USA.
14 of these drill holes were designed to test mineralization on strike to the west 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 166 m step outs to the west of existing drilling where mineralisation is untested and 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 22.94Mt 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 400 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.
“Very positive news, these results clearly show gold mineralization at Lemhi extends up to 166m along strike and to the west,” Executive Chairman, Paul Matysek, said.
“Similar to our results in the east, the Lemhi gold deposit is expanding in all directions where historical drilling had not been conducted. This should add valuable ounces to our in pit mineral resource that is currently considered waste.”
All holes drilled to date have intersected shallow oxide gold. Selected highlighted results from the 10 holes are 0.61g/t Au over 66m, including 3.1g/t Au over 5.0m (FG22-011C); 0.55g/t Au over 55m, including 1.1g/t Au over 18.52m (FG22-001C); 0.34g/t Au over 105.92m including 1.49g/t over 7.0m (FG22-031C); 0.24g/t Au over 156.69m including 2.1g/t over 7.44m (FG21-004C); 1.2g/t Au over 24m (FG22-036C); 0.4g/t Au over 41m (FG22-003C); and 1.5g/t Au over 9.0m (FG22-010C).
Gold mineralization now extends to at least 166m to the west and is open at depth. Drill sections for drill holes FG22-003C and FG22-036C are attached.
For further information please visit: https://freemangoldcorp.com
