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Freeman Gold Initiates Updated Price Sensitivity Analysis for Lemhi Project

Story Highlights
  • Freeman Gold Corp. focuses on developing its Lemhi gold property in Idaho.
  • The company is updating its economic analysis to reflect higher gold prices, potentially boosting project viability.
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Freeman Gold Initiates Updated Price Sensitivity Analysis for Lemhi Project

Freeman Gold Corp ( (TSE:FMAN) ) has provided an announcement.

Freeman Gold Corp. has commissioned a price sensitivity analysis for its Lemhi gold project to reflect current gold prices, which have significantly increased since the original Preliminary Economic Assessment. The updated analysis, conducted by Ausenco Engineering, will use a base case gold price of US$2,200/oz and assess sensitivities from US$1,600/oz to US$3,400/oz, potentially enhancing the project’s economic viability and guiding the company’s feasibility study efforts.

More about Freeman Gold Corp

Freeman Gold Corp. is a mineral exploration company focused on developing its 100% owned Lemhi gold property in Idaho, USA. The project spans 30 square kilometers and hosts a near-surface oxide gold resource.

YTD Price Performance: -8.33%

Average Trading Volume: 53,088

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $10.75M

See more data about FMAN stock on TipRanks’ Stock Analysis page.

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