Freegold Intersects 4.63 g/t Au over 65.9 Metres at Golden Summit
Holes GS2401 was a vertical hole drilled to a depth of 946.1 meters to confirm the south-dipping nature of the mineralization. The portions with higher grades to the west of
Hole GS2402 was drilled at an azimuth of 315 degrees and with a -50-degree dip. It was intended to refine the orientation of the higher-grade mineralization in the western portion of the Dolphin-Cleary deposit further. It started within the intrusive to a depth of 130 metres before entering the schist unit, which continued to the bottom of the hole.
HOLE |
AZIMUTH |
DIP |
DEPTH |
FROM |
TO |
INTERVAL |
AU |
(M) |
G/T |
||||||
GS2401 |
360 |
-90 |
946.1 |
331.3 |
355.7 |
24.4 |
0.99 |
|
|
|
|
495.9 |
544.7 |
48.8 |
0.90 |
|
|
|
|
692.1 |
758 |
65.9 |
4.63 |
including |
|
|
|
755 |
758 |
3 |
85.9 |
|
|
|
|
|
|
|
|
GS2402 |
315 |
-50 |
751.6 |
71 |
83 |
12 |
0.96 |
|
|
|
|
431 |
483.9 |
52.9 |
0.68 |
|
|
|
|
545 |
590 |
45 |
5.51 |
including |
|
|
|
581 |
584 |
3 |
67.0 |
|
|
|
|
604.4 |
620 |
15.6 |
3.74 |
|
|
|
|
667.9 |
713 |
45.1 |
1.18 |
The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization |
Work is in progress on the updated mineral resource estimate by an independent third party.
In 2023, the drill program at Golden Summit successfully discovered higher-grade mineralization on the western side of the existing resource. Building on this success, in 2024, the plan is to continue drilling on the western portion of the Dolphin/Cleary deposit and extend the drilling coverage further to the west. Three distinct geochemical trends have been identified: two south-southwest flanking trends and a clear east-west trend spanning an additional 1.5 km. As
A plan map showing the locations of the drill holes targeting the area west of
https://freegoldventures.com/site/assets/files/6287/gs2402_section.pdf
In addition to the ongoing drill program, metallurgical, baseline environmental, cultural resource, and wetland studies are underway.
A sample quality control/quality assurance program has been in place throughout the program. Drill cores were cut in half using a diamond saw, with one-half placed in sealed bags for preparation and subsequent geochemical analysis by
A QA/QC program included laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.
The Qualified Person for this release is
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Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See
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