Freegold (FVL: TSX) is a Toronto Exchange listed company focused on
the exploration and development of Alaskan Projects. Its flagship
project is the Golden Summit Project. Located a 30 minute drive from
Fairbanks with road, industrial scale power and an experienced
workforce nearby the Golden Summit project represents an excellent
low risk development opportunity for Freegold.
Over the past three years the Company has been dedicated to building
NI 43-101 compliant resources on this significant property. Starting
from no NI 43-101 compliant resource in early 2011 the company has
made significant progress. In January 2016, Freegold announced the
results of a Preliminary Economic Assessment. (see
In addition to Golden Summit Project the Company recently acquired
the Shorty Creek Copper --Gold, and Copper Molybdenum Porphyry
Project. Located 120 km northwest of Fairbanks, just off the paved
Elliot Highway, the project has seen little exploration since the
early 1990's when 20 holes were drilled to a maximum depth of 500
feet. Highlights include 220 feet grading 1.22 g/t Au starting from
surface. Although drilled as a gold target the holes consistently
bottomed in significant copper mineralization. (up to 0.45% Cu).
Since acquiring the Project in July 2014 Freegold has completed an
induced polarization survey, a soil geochemical survey, staked
additional claims and has identified the presence of two significant
drill ready targets.