Freeman Gold Corp. (TSXV: FMAN, OTCQX: FMANF) has received approval of a Plan of Operations application to the USDA-Forest Service (USFS), Salmon and Challis National Forests, North Fork Ranger District in Idaho.
“The approval allows us to drill test key extensions of the Lemhi Gold Deposit to maximise the near surface oxide ounce count. We are very much looking forward to drill testing exiting new targets in our underexplored land package. After our success at Beauty, we are very optimistic that additional gold mineralisation can be discovered in the property package,” Executive Chairman, Paul Matysek, said.
“We are extremely pleased with the support and collaboration received from the USFS and its staff and hope we can build upon this positive relationship as we develop the Lemhi Deposit.”
The Plan includes the construction of 28 drill pads of which 22 are selected for resource infill and expansion at the Lemhi Gold Deposit. These drill pads are situated within Freeman’s Bureau of Land Management (BLM) claims in the northwest, southwest and southern margins of the Lemhi Gold Deposit.
The remaining six drill pads are designed to test high priority targets 2, 3 and 7, which contain rock grab samples up to 38.23 grams per tonne gold (g/t Au).
An additional drill pad has been permitted in the northwest portion of the claim block to partially test a coincidental Induced Polarisation (IP) Target, also defined by Freeman as Target 11. All these targets have never been drill-tested, like the Beauty Zone discovery drilled in late 2021/
- Target 2: Rock grab samples returned assays 2.55 g/t Au up to 32.8 g/t Au;
- Target 3: Rock grab samples in historic trenches reported 2.88 g/t Au up to 38.23 g/t Au;
- Target 7: Rock grab samples in historic trenches from 1.05 g/t Au up to 12.1 g/t Au;
- Target 11: Priority NNW trending IP anomaly.
Project Update
The company continues to drill at both the newly discovered Beauty Zone and the Lemhi Gold Deposit. To date, 37 drill holes have been completed, totalling 8,977 metres.
Beauty Zone Discovery:
Five new diamond drill holes totalling 721.5 metres have been completed at the Beauty Zone, following up on the discovery hole which intersected 68.23 g/t Au over 6 metres in March 2022.
Drilling has stepped out up to 90 metres along strike and about 75 metres down dip, testing the extent of the high-grade mineralised structures encountered in the discovery holes. All new drill holes have intercepted the structure with widths varying between two and six metres with the exception of hole FG22-023 which encountered a six-metre void where the structure was projected. The void is interpreted as the remains of historical mining. Three holes have been logged, sampled, and delivered to the assay laboratory. A rush has been placed on these samples to ensure timely return of results in order to plan the subsequent round of drilling.
Lemhi Gold Deposit:
As of May 30, 2022, a total of 29 new drill holes have been completed at Lemhi for a total of 7,926 metres. These holes have been primarily designed to test on strike extensions of the known resource (21 drill holes) as well as infill in certain parts of the gold deposit (eight drill holes). In particular, the drill programme has focused on areas currently modelled as pit waste because of no or sparse drill data. All ounces added in these areas, even if low grade, will add value to the project as it will be converting in pit waste material to resources. An additional 19 holes approximately 4,800 m have been planned as part of the Phase 2 drilling programme.
Fourteen drill holes from Lemhi have been logged, sampled and sent to the laboratory. Analytical results are pending. Two drills continue to operate at Lemhi.
For further information please visit: https://freemangoldcorp.com/
