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FREEMAN GOLD CORP - FMANF STOCK NEWS

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Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property. The Project comprises 30 square kilometers of highly prospective land, hosting a near-surface oxide gold resource. The company recently reported the results of its annual general and special meeting, where shareholders approved all resolutions. Freeman is dedicated to advancing the Project towards a production decision, with a pit constrained mineral resource of 988,100 oz gold (Au) in 30.02 million tonnes (Measured & Indicated) and 256,000 oz Au in 7.63 million tonnes (Inferred).

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Freeman Gold Corp. (CSE: FMAN, OTCQB: FMANF) announced a live webinar on November 23, 2021, at 1pm PT to discuss its upcoming drilling campaign at the Lemhi and Beauty Zone. The company focuses on its 100% owned Lemhi Gold property, which spans 30 square kilometers and hosts an NI 43-101 compliant mineral resource estimate of 749,800 oz gold at 1.02 g/t in the Indicated category and 250,300 oz at 1.01 g/t in the Inferred category. The technical content has been approved by a Qualified Person as defined by NI 43-101.

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Freeman Gold Corp. (CSE: FMAN, OTCQB: FMANF) announced the commencement of Phase 2 diamond drilling at its Lemhi Gold Deposit and the newly discovered Beauty Zone in Vancouver, BC, on November 11, 2021. Drilling will utilize equipment from Cabo Drilling and aims to enhance resource expansion at the Lemhi project. The Lemhi project, covering 30 square kilometers, has a NI 43-101 compliant mineral resource estimate of approximately 749,800 oz gold at 1.02 g/t (indicated) and 250,300 oz gold at 1.01 g/t (inferred). All drill samples will undergo rigorous testing for quality assurance.

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Freeman Gold Corp. (CSE: FMAN) has initiated its Phase 2 diamond drill program at the Lemhi Gold Deposit, targeting over 4,000 meters of drilling. This effort aims to expand the oxide gold resource, building on the maiden Mineral Resource Estimate reported in July 2021. The program includes testing for extensions to the east and west of Lemhi and exploring the new Beauty Zone, which has shown promising high-grade gold samples. The focus on near-surface resource expansion and depth assessment is expected to enhance the company's mineral inventory.

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Freeman Gold Corp. (CSE: FMAN) announced significant findings from the newly discovered Beauty Zone, located 600 metres west of the Lemhi Gold resource. The 350m by 250m gold anomaly is open in three directions. Among 105 rock samples, 52 exceeded 1 g/t Au, with 28 surpassing 10 g/t Au, peaking at 450 g/t. The area, previously hydraulically mined, is characterized by heavy oxidation and silicification. Drill pad construction is currently in progress, aiming to further explore this promising high-grade target.

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Freeman Gold Corp. (CSE: FMAN, OTCQB: FMANF) has announced encouraging results from metallurgical testing of its Lemhi Gold Project in Idaho, achieving gold recoveries exceeding 95% across various head grades (0.4 to 2.1 g/t Au). The tests indicate potential recoveries of up to 98% using cyanide tank leaching methods. Ongoing studies will further confirm these results and support future economic evaluations. The 2021 metallurgical program, conducted by SGS Mineral Services, aims to optimize processing conditions and assess the project's viability for production.

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Freeman Gold Corp. (CSE: FMAN, OTCQB: FMANF) announced the filing of a National Instrument 43-101 compliant technical report for its Lemhi Gold Project in Idaho, highlighting a maiden Mineral Resource Estimate (MRE) of 749,800 ounces of gold in the indicated category and 250,300 ounces inferred. This MRE demonstrates the project’s potential for open-pit mining using low-cost leaching technologies. Notably, over 90% of the resource is within patented claims, and there are no significant changes from the previous release on July 8, 2021. The report is accessible on SEDAR and the company's website.

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Freeman Gold Corp. announced the maiden Mineral Resource Estimate (MRE) for its 100% owned Lemhi Gold Project in Idaho. The MRE includes a total resource of 1,000,100 ounces of gold, comprised of 749,800 oz indicated and 250,300 oz inferred, both modeled for open-pit mining at a gold price of US$1,550 per ounce. The resource remains open in multiple directions, indicating potential for expansion. The estimate underscores the Lemhi Project as a significant undeveloped gold deposit in the U.S., providing a foundation for future development.

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Freeman Gold Corp. (CSE: FMAN) has released promising exploration results from its Lemhi Gold Project in Idaho. The 2020 field season yielded 633 soil samples and 145 rock samples, revealing 11 high-priority targets for follow-up exploration. Notably, 54 rock samples surpassed 1 g/t Au, with some reaching up to 450 g/t Au. Geophysical surveys encompassing 565 line km of ground magnetics have helped identify mineralized zones. Despite generating significant targets, none have been drill-tested yet, and additional claims have been staked near certain targets.

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Freeman Gold Corp. (CSE: FMAN) has announced significant assay results from the final 20 diamond drill holes of its 2020 drill program at the Lemhi Gold Project in Idaho. Highlights include the highest-grade intercept of 2.5 g/t Au over 151m from drill hole FG20-017C, and other notable results show intersections such as 1.2 g/t Au over 42.6m and 1.4 g/t Au over 48.4m. These findings will contribute to a maiden resource estimate that incorporates both historical and new data. The drill program has validated historical mineralization and is expected to enhance resource confidence.

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Freeman Gold Corp. (CSE: FMAN) has announced positive assay results from 11 of 34 drill holes at the Lemhi Gold Project, Idaho. The Phase 1 drill program aimed to validate historical mineralization and support a National Instrument 43-101 compliant resource estimate. High-grade shallow oxide gold was intersected, with notable results including 2.6 g/t Au over 14.1m and 1.6 g/t Au over 86m. Mineralization extends to at least 210 meters and remains open at depth, highlighting the project’s potential. President Will Randall noted results exceeded expectations, confirming consistent mineralization behavior.

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FAQ

What is the current stock price of FREEMAN GOLD (FMANF)?

The current stock price of FREEMAN GOLD (FMANF) is $0.0587 as of September 26, 2024.

What is the market cap of FREEMAN GOLD (FMANF)?

The market cap of FREEMAN GOLD (FMANF) is approximately 8.8M.

What is Freeman Gold Corp. focused on?

Freeman Gold Corp. is focused on the development of its 100% owned Lemhi Gold property, which comprises 30 square kilometers of highly prospective land with a near-surface oxide gold resource.

What recent achievement did Freeman Gold Corp. report?

Freeman Gold Corp. recently reported the results of its annual general and special meeting, where shareholders approved all resolutions detailed in the management information circular.

What is the mineral resource estimate for Freeman Gold Corp.?

Freeman Gold Corp. has a pit constrained mineral resource estimate of 988,100 oz gold (Au) in 30.02 million tonnes (Measured & Indicated) and 256,000 oz Au in 7.63 million tonnes (Inferred).

What is the primary goal of Freeman Gold Corp.?

The primary goal of Freeman Gold Corp. is to advance the Lemhi Gold Project towards a production decision.

Where can I find more information about Freeman Gold Corp.?

For further information, please visit the Company's website at www.freemangoldcorp.com or contact Bassam Moubarak by email at bm@bmstrategiccapital.com.

FREEMAN GOLD CORP

OTC:FMANF

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FMANF Stock Data

8.79M
147.48M
7.48%
Gold
Basic Materials
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