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Fremont Gold Ltd. (FRERF) is a Canadian exploration company that focuses on Tier One precious and critical metal discoveries primarily in Armenia. The company's activities include geological mapping, surface sampling, drilling, and exploration programs to identify potential mineral deposits. Fremont controls the Urasar Project in northern Armenia, which has shown robust gold and copper anomalies over a 15 km strike length. The project hosts a large epithermal gold-silver district with multiple drill targets, including Golden Vein and Oxide Basin. Company's recent work program includes rock chip sampling, geological mapping, and soil sampling to delineate drill targets. Fremont's management team is experienced in mine-finding and has a proven track record of creating shareholder value.
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Fremont Gold Ltd. announces encouraging historic drill data from the late 1950s at Urasar property in Armenia and results from the maiden drill program at Vardenis project. The company identifies mineralized zones at Urasar and significant copper and precious metal mineralization at Vardenis. Drill results show anomalous gold and copper values, indicating a large mineralized porphyry system. Fremont also sells its Nevada gold assets to an Australian consortium for US$300,000.
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Fremont Gold Ltd. announces the results of the geochemical soil sample survey at its Urasar property in northern Armenia. The survey revealed continuous gold-copper/base metal anomalies over a 15 km strike length, with gold values ranging up to 449 ppb and copper values up to 497 ppm. Arsenic soil geochemistry reflects a similar distribution as the gold geochemistry, indicating a continuous mineralized structure over 1 km wide.
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Fremont Gold Ltd. appoints new advisors, including a seasoned explorationist and a corporate markets and finance expert. Resignation of current advisors is also announced. The company files a geological report and completes the final tranche of a private placement financing.
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Fremont Gold Ltd. (TSXV: FRE) announces approval of stock options for management, advisors, and consultants, granting a total of 1,100,000 common shares at $0.09 per share, with a 5-year term and 24-month vesting period.
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Fremont Gold Ltd. (FRE) has completed the sale of its U.S. subsidiary, Lithaur Inc., which owns the company's Nevada lithium assets, to a private Australian-based group. The terms of the transaction include a one-time cash payment of US$100,000 to Fremont, a 2% royalty on four projects, assumption of debt and ongoing costs, a commitment to take the Lithaur assets public, and Fremont's receipt of 30% equity in the new company or net proceeds from a potential sale.
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Fremont Gold Ltd. (TSXV: FSE) (OTCQB: FRERF) (FSE: FR20) announces the completion of the initial drill program at Vardenis for the field season, providing details on the drill holes, mineralization, and ongoing surveys. Additionally, the Company commences a geochemical soil sample survey at the Urasar Mineral District in Armenia. The Griffon project in Nevada will be returned to Pilot Gold (USA) Inc., as Fremont shifts focus to its copper-gold projects in Armenia.
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Fremont Gold Ltd. granted exploration permit in Armenia
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Fremont Gold Ltd. increases existing loan by $150,000 to $350,000. Loan repayment to Dennis Moore will constitute a 'related party transaction' under MI 61-101. Officer resignation: William Richard Brown resigns as Vice President of Business Development.
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FAQ
What is the current stock price of HAYASA METALS (FRERF)?
The current stock price of HAYASA METALS (FRERF) is $0.1338 as of November 14, 2024.
What is the market cap of HAYASA METALS (FRERF)?
The market cap of HAYASA METALS (FRERF) is approximately 6.2M.
What is Fremont Gold Ltd. focused on?
Fremont Gold Ltd. is primarily focused on Tier One precious and critical metal discoveries in Armenia through exploration activities.
Where is the Urasar Project located?
The Urasar Project is located in the Central Tethyan Belt of northern Armenia.
What are some of the key target areas at Urasar?
Key target areas at Urasar include Golden Vein, Oxide Basin, Copper Creek, Black River, Big Gossan, and Brick House targets.
What recent work program has Fremont conducted?
Fremont has completed geological mapping, rock chip sampling, and soil sampling to delineate drill targets at the Urasar Project.
What is the expertise of Fremont's management team?
Fremont's management team is experienced in mine-finding and has a proven track record of creating shareholder value.
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