- Freegold Ventures (TSX:FVL) continues to yield high-grade gold in the latest assays from 2024 drilling on its Golden Summit project in Alaska
- Highlight intercepts include 2.72 grams per ton of gold over 139.9 metres and 1.93 grams per ton of gold over 105 metres
- Freegold is a junior exploration stock active on two projects in Alaska prospective for copper and gold
- Freegold Ventures stock has added 85.42 per cent year-over-year and 1,383.33 per cent since 2020
Freegold Ventures (TSX:FVL) continues to yield high-grade gold in the latest assays from 2024 drilling on its Golden Summit project in Alaska.
The 25,708-metre program successfully expanded mineralization to the west in the West of Willow Creek (Wow) zone tracking a 1.5 km gold-in-soil anomaly, strengthening Golden Summit’s value proposition as it approaches initial work on a pre-feasibility study.
Results paint an increasingly encouraging picture about the project’s potential to house an economical resource, including broad areas of significant mineralization.
The 2025 drilling program at Golden Summit will test the depth-extent of higher-grade zones discovered in 2024 and further explore mineralization in the Wow zone.
Investors can expect an updated mineral resource in 2025 once all 2024 assays have been received, allowing Freegold to kick off pre-feasibility work. To date, 29 of 41 assays are in hand.
Tuesday’s news release follows prospective results released earlier this month highlighted by 1.88 grams per ton of gold over 54.2 metres and 1.25 grams per ton of gold over 56.5 metres.
Wow zone assay results
| Hole | Depth | Dip | Azimuth | From | To | Interval | Gold |
| Number | (m) | (m) | (m) | g/t | |||
| GS2423 | 645.3 | -89 | 0 | 57 | 100.9 | 43.9 | 0.76 |
| 195.7 | 270.4 | 74.7 | 0.62 | ||||
| 340.5 | 361.8 | 21.3 | 1.63 | ||||
| 391.4 | 543.8 | 152.4 | 0.84 | ||||
| including | 508.1 | 543.8 | 35.7 | 1.47 | |||
| GS2424 | 653 | -85 | 67 | 388.1 | 412.9 | 24.8 | 1.28 |
| 488 | 503 | 15 | 0.80 | ||||
| 551 | 578 | 27 | 0.72 |
| Hole | Depth | Dip | Azimuth | From | To | Interval | Gold |
| Number | (m) | (m) | (m) | g/t | |||
| GS2425 | 691.9 | -90 | 0 | 44.2 | 81.4 | 37.2 | 0.61 |
| 108.8 | 166.7 | 57.9 | 0.80 | ||||
| 194.2 | 212.4 | 18.2 | 1.41 | ||||
| 311.2 | 340.5 | 29.3 | 0.72 | ||||
| 401.4 | 541.3 | 139.9 | 2.72 | ||||
| including | 514.2 | 541.3 | 27.1 | 11.6 | |||
| including | 514.2 | 517.2 | 3 | 44.7 | |||
| including | 520.3 | 523 | 2.7 | 59.5 | |||
| 572.1 | 585.5 | 13.4 | 5.26 | ||||
| including | 572.1 | 575.2 | 3.1 | 18.2 | |||
| 611.7 | 647.7 | 36 | 0.89 |
| Hole | Depth | Dip | Azimuth | From | To | Interval | Gold |
| Number | (m) | (m) | (m) | g/t | |||
| GS2426 | 627 | -86 | 360 | 117.3 | 129.6 | 12.3 | 0.96 |
| 343.8 | 359 | 15.2 | 1.02 | ||||
| 405 | 510 | 105 | 1.93 | ||||
| including | 481.8 | 483 | 1.2 | 44.1 | |||
| including | 502.6 | 504 | 1.4 | 65.9 | |||
| 609 | 627 | 18 | 2.03 |
| Hole | Depth | Dip | Azimuth | From | To | Interval | Gold |
| Number | (m) | (m) | (m) | g/t | |||
| GS2427 | 690.4 | -65 | 360 | 228.9 | 474.6 | 245.7 | 1.07 |
| including | 386.2 | 389.2 | 3 | 23.3 | |||
| 558.7 | 638.6 | 79.9 | 0.95 | ||||
| GS2428 | 539 | -85 | 83 | 157.6 | 188 | 30.4 | 0.61 |
| 328.4 | 340 | 11.6 | 1.57 | ||||
| 409.4 | 419.7 | 10.3 | 0.80 | ||||
| 476 | 531.9 | 55.9 | 1.14 | ||||
| GS2429 | 587 | -85 | 294 | 433.7 | 487.7 | 54 | 0.85 |
About Freegold Ventures
Freegold is a junior exploration stock active on two projects in Alaska prospective for copper and gold.
Freegold Ventures stock (TSX:FVL) is up by 2.3 per cent trading at C$0.89 per share as of 11:05 am ET. The stock has added 85.42 per cent year-over-year and 1,383.33 per cent since 2020.
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(Top photo of Freegold Ventures’ Golden Summit gold project in Alaska: Freegold Ventures)