The Golden Summit property is located 32 km northeast of Fairbanks, Alaska just off the paved Steese Highway. Access to the property is excellent and offers infrastructure support for exploration activities on a year round basis. Several historic gold mines are located on the property, and open pit gold mining is ongoing at Kinross Gold's nearby Ft Knox gold deposit.
The property consists of a mix of patented and unpatented Federal lode claims and State of Alaska mining claims Freegold controls the claims through lease agreements with several claim owners, and through direct ownership of several patented Federal lode claims in the north central portion of the property.
Freegold acquired interest in the Golden Summit property in the early 1990's, and since that time has conducted extensive surface exploration at numerous prospects over much of the property, including reconnaissance rock sampling, mapping, property-wide grid-based soil sampling, and several trenching projects at key prospects. Most of Freegold's drilling efforts have been focused on the west portion of the property. Freegold conducted drilling on the Dolphin gold deposit in 1995-1996, 1998, 2004, 2008. In 2011 resource definition drilling commenced at Dolphin and extensive drill programs were carried out throughout 2011 and 2012. A limited drill program was undertaken in 2013. Exploration in 2014 has focused on additional metallurgical work, baseline and cultural resources studies as well a preliminary economic assessment (PEA).