Freegold Ventures Says Latest Drill Results From Golden Summit Continue to Extend Gold Mineralization
Freegold Ventures (FVL.TO) reported Wednesday that additional drill results from the Golden Summit Project in Alaska, where drilling is ongoing, "continues to demonstrate continuity".Highlights from the Dolphin area include 336.8 metres grading 1.32 grams per tonne (g/t) gold starting from 26.5 metres in infill drilling, the company said.With six rigs currently operating, the 2026 program is designed to advance Golden Summit towards an updated mineral resource estimate and the 2027 Pre-Feasibility Study (PFS), Wednesday's statement noted.The PFS is also expected to evaluate a "smaller, technically supported portion" of the Golden Summit resource, rather than the entire resource, it also noted.Freeegold Ventures shares have turned positive and were last seen up $0.01 to $1.16 on the Toronto Stock Exchange.Price: $1.13, Change: $-0.02, Percent Change: -1.74%