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Mining & Metals

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%

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Mining & Metals

Freegold Says Intersected 336.8 m grading 1.32 g/t Au starting from 26.5 m in Infill Drilling at Golden Summit

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Mining & Metals

Freegold Ventures Advancing Golden Summit Project Towards Pre-Feasibility Study

Freegold Ventures (FVL.TO) said Monday that 2026 drill program for its Golden Summit project in Alaska is well underway, as the company progresses towards a pre-feasibility study.Five drill rigs are operating and one additional rig is on site, due to begin drilling next month, Freegold said. Eleven holes have been completed, and an additional five holes are in progress. The ~50,000 m campaign is focused on infill drilling to strengthen grade control and confidence in higher-grade corridors.Metallurgical work also continues to support multiple potential development pathways, with recovery rates exceeding 90% using sulphide-oxidizing techniques, a statement said.Freegold has appointed Maureen Marks as vice president, engineering and Paul Jago as exploration manager, as it advances toward the upcoming pre-feasibility study for the Golden Summit project."Golden Summit is demonstrating the scale, continuity, and quality required to support a highly compelling development opportunity. With our largest drill program to date underway-~50,000 metres with multiple rigs operating-and metallurgical work advancing, we are positioning the project for multiple development pathways. Key upcoming catalysts include ongoing drill results, continued metallurgical test work updates, and steady progress toward delivery of the Pre-Feasibility Study, which we believe will be transformational for the project and the company," said chief executive Kristina Walcott.Freegold shares closed up $0.03, to $1.26, on Friday on the Toronto Stock Exchange.

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Mining & Metals

Freegold Advancing Golden Summit Toward Pre-Feasibility and Expands Technical Leadership Team

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