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Freegold Ventures ( (TSE:FVL) ) has issued an announcement.
Freegold Ventures Limited has announced promising assay results from its 2024 drilling program at the Golden Summit Project, which included 41 completed holes. The results, highlighted by significant mineralization, underscore the project’s potential, particularly with the western expansion aimed at increasing resource grades and economic returns. The program’s success in enhancing resource ounces and grades supports the company’s plans for economic studies to optimize capital and operating expenses in gold recovery efforts. Looking forward, Freegold plans to explore the depth of higher-grade zones and further mineralization in the Western Expansion Zone, with a pre-feasibility study on the horizon.
More about Freegold Ventures
Freegold Ventures Limited operates within the mining industry, focusing on gold exploration and development. The company is primarily engaged in advancing its Golden Summit Project in Alaska, aiming to expand its resource base and improve economic viability through strategic drilling programs.
YTD Price Performance: 4.82%
Average Trading Volume: 280,030
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$406.1M
Find detailed analytics on FVL stock on TipRanks’ Stock Analysis page.
