FREEMAN COMMENCES PERMITTING INITIATIVES AT THE LEMHI GOLD DEPOSIT, IDAHO
- Freeman Gold Corp. collaborates with GSI Environmental Inc. for permitting support at Lemhi Gold Deposit in Idaho.
- GSI's specialized consulting services aim to expedite regulatory approvals and ensure compliance for mining clients.
- The partnership with GSI enhances Freeman's permitting process by leveraging their multi-disciplinary approach and vast experience.
- Freeman Gold Corp. cancels 5,125,000 stock options held by certain directors and officers to streamline its equity structure.
- The cancellation of stock options results in a total of 4,450,000 outstanding stock options for the Company.
- Dean Besserer, P.Geo., Vice-President of Exploration of Freeman Gold Corp., serves as the Qualified Person for the scientific and technical information in the press release.
- None.
Toronto Venture Stock Exchange: FMAN
GSI's permitting experts provide consulting services in the
- Baseline studies and reporting;
- Permitting and compliance;
- Stakeholder engagement;
- Environmental and social impact assessment;
- Development of mitigation measures and management plans;
- Compliance with NEPA and state environmental policy acts;
- ESG international standards, including the Global Industry Standard for Tailings Management (GISTM); and
- Mine closure and reclamation planning.
GSI has vast experience in working with federal agencies, such as the Bureau of Land Management,
GSI's team has successfully supported permitting and compliance efforts for mining clients throughout the
The Company and certain directors and officers of the Company have mutually agreed to cancel certain stock options (the "Cancelled Options") exercisable to acquire an aggregate of 5,125,000 common shares of the Company. These Cancelled Options consist of an aggregate of 3,425,000 stock options that were granted on August 31, 2021 (expiring August 31, 2026) with an exercise price of
The scientific and technical information in this news release has been reviewed and approved by Dean Besserer, P.Geo., Vice-President of Exploration of the Company and Qualified Person as defined in National Instrument 43-101.
Freeman Gold Corp. is a mineral exploration company focused on the development of its
The recently completed Preliminary Economic Assessment (PEA) shows: an after-tax NPV(
On Behalf of the Company
William Randall
President and Chief Executive Officer
For further information, please visit the Company's website at www.freemangoldcorp.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This press release contains "forward‐looking information or statements" within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to exploration, results therefrom, and the Company's future business plans. All statements in this release, other than statements of historical facts that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ from those in the forward-looking statements. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties, and assumptions. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval+ (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.
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SOURCE Freeman Gold Corp.
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