Freegold Ventures Ltd (QX) (FGOVF)

Freegold Drills 19.2 g/t Au over 24.7m and 33.7 g/t Au over 19.5m in Infill Drilling at Golden SummitMay 20, 2026 9:13 AM
PR Newswire (Canada) Freegold Reports High-Grade Gold Results and Expanding Corridor Continuity at Golden SummitVANCOUVER, BC, May 20, 2026 /CNW/ - Freegold Ventures Limited ("Freegold") (TSX: FVL) (OTCQX: FGOVF) is pleased to report additional drill results from its Golden Summit Project in Alaska that continue to support the project's scale and the definition of higher-grade mineralized corridors. Recent drilling returned multiple high-grade intercepts across Cleary, Dolphin and WOW, while ongoing infill drilling is designed to increase confidence in the higher-grade domains expected to support the next mineral resource update and the upcoming Pre-Feasibility Study (PFS). Selected higher-grade results: recent intercepts include 35.73 g/t Au over 3.0 m in GS2553, 115.85 g/t Au over 3.1 m and 61.20 g/t Au over 1.9 m in GS2556, 33.71 g/t Au over 19.5 m including 263.90 g/t Au over 2.4 m in GS2558, and 347.90 g/t Au over 1.4 m in GS2559.Broad mineralized intervals continue to support scale: GS2555 returned 1.15 g/t Au over 167.7 m.Corridor continuity; higher-grade corridors have now been traced for more than 1.5 km along the Dolphin–Cleary–WOW trend.Technical programs are advancing in parallel: six rigs are active, and metallurgical, geotechnical and condemnation work is progressing to support the PFS.Additional upside remains under evaluation: Tamarack may extend the mineralized system by approximately 500 m to the east.The current 2025/2026 program, with approximately 40,000 m completed in 2025 and approximately 50,000 m planned for 2026, is focused on tightening drill spacing, refining the geological model and advancing the technical work required to support the next stage of project advancement. With six rigs active and multiple technical programs underway, the Company expects to continue reporting results as it advances Golden Summit toward an updated resource estimate and PFS.Higher-grade corridors have now been traced continuously for more than 1.5 km, from the Cleary Road Cut Shear in the northeast to the current drilling extent in the southwest, across an approximate width of ~100–300 m. This growing corridor-scale continuity is expected to support higher-confidence modelling of the higher-grade domains, strengthen the upcoming updated mineral resource estimate, and enhance the potential to define a smaller starter pit in the PFS.With six rigs operating across multiple targets and technical programs underway, Freegold expects to continue reporting results as it advances Golden Summit toward an updated resource estimate and PFS. Drilling remains focused on improving grade definition and continuity within the higher-grade corridors, while condemnation and geotechnical drilling will support pit optimization and infrastructure design. In addition, the Tamarack discovery may extend the mineralized system by an additional ~500 m to the east, with mineralization consistent in style, morphology, and orientation with the main deposit, reinforcing the broader district-scale opportunity at Golden Summit. Comprehensive metallurgical testing is also advancing, including oxidation methods to optimize recoveries. Over the coming months, power and processing trade-off studies are expected to further evaluate operating and capital costs alongside potential recovery improvements, helping to de-risk key PFS assumptions and strengthen the project's long-term development potential."These results continue to support our view that Golden Summit represents a large-scale gold system with improved definition of higher-grade mineralized corridors," said Kristina Walcott, President and CEO. "As we advance through Pre-Feasibility Study, our six-rig program is focused on increasing confidence in these higher-grade domains, refining the geological model and completing the technical work required to support the next stage of project evaluation. Results from Cleary, Dolphin, WOW and Tamarack also continue to demonstrate the broader scale potential of the system."Cleary AreaAs drilling progresses in the Cleary Area, the potential for a broader zone of higher-grade mineralization continues to increase, particularly as these zones appear to expand at depth. The 2026 Cleary program has focused largely on the northern portion of the area, with additional holes planned to follow up on the encouraging results reported to date.GS2553, GS2556, GS2558 and GS2559 – Multiple high-grade intercepts in the Cleary AreaResults from the Cleary Area continue to strengthen the system's higher-grade profile and highlight the role of multiple gold-bearing vein events within a broader mineralized corridor.In GS2553, a 3.0 m interval (391–394 m) grading 35.73 g/t Au is associated with two narrow quartz veins, while a second high-grade interval of 2.2 m (555.7–557.9 m) grading 44.47 g/t Au is linked to a fault-hosted, banded quartz-sulphide-clay vein and breccia. Visible gold was observed along vein margins, and arsenopyrite and jamesonite were also noted. These high-grade intervals sit within a broader mineralized package of 0.78 g/t Au over 166.7 m (301–467.7 m), including a zone of narrow granodiorite dikes (302.3–321.3 m) hosted in shear-foliated hornfels and schist, with the sequence becoming more faulted below 433 m.HoleEastingNorthingDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval
(m)*Au (g/t)GS25534797037215552649.0-8036027.838.010.20.95





301.0322.021.00.62





391.0394.03.035.73





436.3467.731.41.12





555.7557.92.244.47





603.7614.811.11.69*The interval width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization. This also applies to the following drilling results tables.Hole GS2556 delivered standout high-grade results within a broad mineralized system, including 25.36 g/t Au over 2.4 m (337.4–339.8 m) and 115.85 g/t Au over 3.1 m (471.5–474.6 m), both associated with visible gold in quartz veins. These intercepts occur within fault and shear zones, supporting the view that structural controls are helping define the higher-grade corridors being traced across the Dolphin–Cleary–WOW trend. Importantly, GS2556 intersected multiple mineralized fault and shear zones hosted largely in brecciated, shear-foliated dark hornfels. Drilling ended at 636.1 m in brecciated hornfels, with the final 3.1 m sample returning 0.82 g/t Au.HoleEastingNorthingDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval
(m)*Au (g/t)GS25564797087215409636.1-80360102.7107.95.20.93





216.7242.625.91.07





329.4356.326.93.60Incl




337.4339.82.425.36





377.6398.020.40.70 GS2556




461.8486.524.719.22Incl




461.8464.83.030.01Incl




471.5474.63.1115.85





498.5514.115.60.74





548.9550.81.961.20





591.3616.625.30.62In GS2558, a 2.1 m interval (587.3–589.4 m) grading 21.24 g/t Au is associated with shear zone-hosted white quartz veins containing five visible gold grains. A broader 19.5 m interval (606.5–626.0 m) grading 33.71 g/t Au, including 263.90 g/t Au over 2.4 m, is hosted within a sheared and faulted dark hornfels unit with pyrite-arsenopyrite-quartz veins and replacement-style sulphide mineralization.HoleEastingNorthingDepth
(m)Dip (°)Azimuth
(°)From (m)To (m)Interval
(m)*Au (g/t)GS25584798097215505642.2-8036088.0111.923.90.77





449.2467.818.60.94





483.1501.118.00.80





587.3589.42.121.24





606.5626.019.533.71incl




623.6626.02.4263.90In GS2559, a 27.0 m interval (311.0–338.0 m) grading 1.96 g/t Au is centred on a zone of sheeted subvertical quartz-arsenopyrite ± jamesonite veins and banded sulphide from 319–323 m. A separate 1.4 m interval (698.0–699.4 m) grading 347.90 g/t Au is associated with a sheared and faulted dark hornfels containing fault-disaggregated quartz vein material with pyrite, pyrrhotite and arsenopyrite.HoleEastingNorthingDepth (m)Dip (°)Azimuth
(°)From (m)To (m)Interval
(m)*Au (g/t)GS25594797477215395756.2-8036033.941.07.12.93





125.6131.45.84.14





261.0274.013.01.02





311.0338.027.01.96





459.7502.142.40.99





525.7571.245.50.82





584.0632.048.00.98





653.9675.421.50.60





698.0699.41.4347.90





720.5723.12.60.81Dolphin AreaDrilling in the Dolphin Area continues to strengthen continuity across the Dolphin–Cleary–WOW trend while testing for higher-grade intervals within the broader mineralized corridor.GS2555 – Dolphin: broad, well-mineralized zoneIn GS2555, a 167.7 m interval (258.1–425.8 m) grading 1.15 g/t Au underscores the scale and continuity of the Dolphin–Cleary–WOW corridor. Visible gold at 278.5 m, within a quartz vein containing arsenopyrite and jamesonite, further supports the potential for higher-grade shoots within a key structural corridor adjacent to the Dolphin intrusive.HoleEastingNorthingDepth 
(m)Dip (°)Azimuth
(°)From (m)To (m)Interval (m)Au (g/t)GS25554789107215095797.7-80360258.1547.7289.60.97incl




258.1425.8167.71.15Incl




442.6465.422.80.82incl




474.6547.773.10.88





731.5745.814.31.25WOW ZoneIn 2025, Freegold drilled multiple holes in the WOW Zone to infill and step out mineralization to the west and southwest, demonstrating continued expansion potential and supporting corridor continuity at depth.GS2554 – Extending WOW Zone mineralizationHole GS2554 returned 1.13 g/t Au over 17.1 m (325.7–342.8 m), hosted in fault zones (325.5–327 m and 334–335.5 m) with quartz veining and arsenopyrite—features that reinforce the role of structure as a key control on higher-grade mineralization.HoleEastingNorthingDepth
(m)Dip (°)Azimuth
(°)From
(m)To (m)Interval (m)Au (g/t)GS25544784577215256551-900306.63136.41.40





325.7342.817.11.13In GS2557, a 3.0 m interval (311.0–314.0 m) grading 58.44 g/t Au is associated with a sheared dark hornfels containing a white quartz vein near its contact with schist. The vein hosts multiple grains of visible gold, together with pyrite, arsenopyrite and jamesonite. A broader 57.0 m interval (509.0–566.0 m) grading 1.25 g/t Au is associated with sheeted white quartz veins containing arsenopyrite, pyrite and pyrrhotite, with visible gold and jamesonite noted in a vein at 543 m.HoleEastingNorthingDepth (m)Dip (°)Azimuth
(°)From (m)To (m)Interval
(m)*Au (g/t)GS25574785557215102713-6536057.262.04.82.34GS2557




86.086.90.954.94





311.0314.03.058.44





394.2630.7236.50.75incl




509.0566.057.01.25incl




592.9630.737.81.26Plan maps and cross-sections referenced in this release:https://freegoldventures.com/site/assets/files/6287/plan_map_05202026.pdf
https://freegoldventures.com/site/assets/files/6287/479700e_section.pdfThis plan map and cross-section illustrates the scale and continuity of mineralization across the Dolphin–Cleary–WOW trend and the emerging Tamarack area.2026 Exploration Program Objectives1) Advance PFS-related drilling: Continue focused drilling to tighten infill spacing within higher-grade corridors and complete condemnation and geotechnical drilling in support of pit and infrastructure design.Run targeted infill drilling across Dolphin–Cleary–WOW to tighten spacing and lift model confidence.Step out at Tamarack to sharpen definition and assess future inclusion in a mineral resource.2) Continue reporting assay results: Release remaining 2025 assay results and provide ongoing updates from the 2026 drill program as results are received and verified.3) Refine the geological model: Update the model as drilling progresses to improve the interpretation of lithology, alteration, veining and structural controls, and to strengthen key inputs to the PFS.4) Advance engineering studies in parallel: Continue key engineering studies and trade-off evaluations alongside drilling, with a focus on recovery options and associated capital and operating considerations.Optimize pit design using updated geology and advancing geotechnical inputs.Refine infrastructure layout and cost estimates with condemnation drilling and ground-condition data.Advance environmental baseline work alongside technical studies.5) Continue supporting technical studies: Advance metallurgical, geotechnical and hydrogeological work, together with wetland, cultural, paleontological, mammal and avian baseline studies.Confirm recoveries, variability, and processing criteria through ongoing metallurgical testing.Update geotechnical interpretations as new geotechnical holes are completed.With drilling ongoing and multiple technical programs advancing in parallel, Freegold believes Golden Summit is well positioned to deliver a steady flow of results through 2026. As new data are integrated, the Company expects to further define higher-grade corridors and advance the work required to support the upcoming PFS.As of July 2025, Golden Summit hosts an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au (432 million tonnes) and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au (358 million tonnes), using a 0.5 g/t cut-off grade and a gold price of $2,490. Ongoing cutting, sampling and analytical work will support an updated mineral resource estimate, which is expected to be incorporated into the upcoming PFS.Analytical Program and QA/QCHQ core is logged, photographed and cut in half using a diamond saw. One-half is placed in sealed bags for preparation and subsequent geochemical analysis by ALS facilities in Vancouver and Thunder Bay. Core samples were delivered to ALS's facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen. In Thunder Bay, a representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using ALS method Au-PA01 (PhotonAssay), which provides a detection range of 0.03 to 350 ppm. In addition and in Vancouver, a subsample was analyzed for multi-element geochemistry using ALS method ME-ICP61 (34-element, four-acid ICP-AES). The QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of each submittal, and at least one blank is inserted every 25 standards.Qualified Person and DisclosureAlvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person who has approved the scientific and technical disclosure in this release.About Freegold Ventures LimitedFreegold is a TSX-listed company focused on advancing exploration and development-stage gold projects in Alaska.This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding advancing the Golden Summit Project and other exploration plans and results of any drill programs, statements regarding the timing for and expected completion of a pre-feasibility study, the results of any environmental initiatives or metallurgical testing and any development, or drilling. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold's Annual Information Form for the year ended December 31, 2025, filed under Freegold's profile at www.sedarplus.com, for a detailed discussion of the risk factors associated with Freegold's operations.SOURCE Freegold Ventures Limited Original: Freegold Drills 19.2 g/t Au over 24.7m and 33.7 g/t Au over 19.5m in Infill Drilling at Golden Summit

Freegold Drills 1.43 g/t Au over 74.9 m at Golden Summit as 50,000 m 2026 Drill Program Accelerates Towards PFSMay 5, 2026 11:51 AM
PR Newswire (Canada) VANCOUVER, BC, May 5, 2026 /CNW/ - Freegold Ventures Limited ("Freegold") (TSX: FVL) (OTCQX: FGOVF) is pleased to announce new drill results from its Golden Summit Project in Alaska as the Company continues its ~50,000 m 2026 drill campaign. The program is targeting higher-grade corridors and accelerating the technical work required for the upcoming Pre-Feasibility Study (PFS). Recent holes have extended mineralization in the Cleary and WOW areas, supporting further continuity across the broader and growing Dolphin–Cleary–WOW system and highlighting the project's growing potential. "These results continue to demonstrate the scale and continuity of Golden Summit's higher-grade corridors," said Kristina Walcott, President and CEO. "With six rigs operating and a ~50,000 m program underway, we're focused on advancing the drilling and technical work required to support our upcoming PFS and to keep building on the upside potential we're seeing across the system, including at the Tamarack eastern expansion."Key HighlightsCleary Area: Hole GS2548 returned 1.43 g/t Au over 74.9 m (from 316.1 m), including 23.38 g/t Au over 1.9 m; and 2.29 g/t Au over 27.4 m (from 471.5 m), including 15.43 g/t Au over 3.1 m. GS2548 returned 250.2m at 0.89 g/t Au from 248.7m.Dolphin Area: Hole GS2550 returned 1.35 g/t Au over 80.1 m (from 409.7m) and 2.13 g/t Au over 39.6m (from 450.2m) within 365.9m at 0.81 g/t Au from 215.4m.WOW Zone: Drilling continues to demonstrate expansion potential to the west and at depth; Hole GS2547 returned multiple gold intervals, including 0.90 g/t Au over 12.0m (from 437m), 1.06 g/t Au over 55.4m (from 500m) and 1.14 g/t Au over 45 m (from 638 m); all within 484.3 m of 0.53 g/t Au (from 198.7m).Depth and continuity: Mineralized corridors remain traceable over ~1.5 km from the Cleary Road Cut Shear to the current southwest drilling extent, with corridor widths of ~100–300 m.2026 program momentum: Six rigs are active, and the program is proceeding on schedule; results will support technical workstreams (including metallurgy) and de-risk key PFS assumptions.These latest results add more momentum to Golden Summit, reinforcing the strong continuity of Au mineralization across the Dolphin-Cleary-WOW trend and underscoring Freegold's focus on delineating higher-grade centres and corridors within this broad continuous zone as drilling ramps through 2026. With additional assays pending, the Company looks forward to steadily feeding new data into the PFS workflow while guiding follow-up drilling across Cleary, WOW, and the emerging Tamarack area.Freegold's 2026 drilling at Golden Summit is now in full swing. The ~50,000 m program combines infill, condemnation, and geotechnical drilling to accelerate critical inputs for the upcoming PFS, with a primary focus on tightening spacing within the higher-grade corridors across the Dolphin–Cleary–WOW trend and stepping out eastward into the emerging Tamarack area.To date, these corridors can be traced continuously from the Cleary Road Cut Shear in the northeast to the current drilling extent in the southwest—more than 1.5 km—spanning ~100–300 m in width. The Tamarack discovery may extend this mineralized system by a further ~500 m to the east, with mineralization consistent in style, morphology, and orientation with the main deposit.Six drill rigs are active on site, and infill drilling is ongoing as part of the 2026 program. The infill program is proceeding on schedule Assays from the 2025 program are being received and compiled, with all 2025 assays expected to be finalized within a month, while 2026 drilling and parallel technical workstreams—including metallurgical, baseline and environmental work—continues to advance.As results are integrated, the 2026 program is expected to continue strengthening confidence in Golden Summit's geological and engineering inputs, further de-risk key PFS assumptions, and unlock potential within the broader mineralized system, which continues to grow.Cleary AreaInfill drilling in the Cleary Area continues to highlight the potential for higher-grade mineralization within the broader system, while also supporting the interpretation of wider, more continuous zones extending to depth.GS2548 – Higher density of mineralized intervals from 248.7 to 498.9m downhole.Highlights include:1.43 g/t Au over 74.9 m from 316.1 m downhole2.29 g/t Au over 27.4 m from 471.5 m downholeHoleEastingNorthingDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)*Au (g/t)GS25484797547215544614.8-90044.856.912.10.85





248.7279.530.80.78





316.139174.91.43incl




364.8366.71.923.38





471.5498.927.42.29incl




492.8495.93.115.43within




248.7498.9250.20.89
*The interval width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization. This also applies to the following drilling results tables.GS2552 –Higher density of mineralized intervals from 358.7 (bottoming in mineralization)Highlights include:1.15 g/t Au over 24.4 m from 358.7 m downhole0.93 g/t Au over 51.8 m from 550.8 – ending in mineralizationHoleEasting Northing Depth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS25524797617215501602.6-90020.423.53.114.76





306.93103.17.88





358.7602.6243.90.68incl




358.7383.124.41.15incl




422.850279.20.77incl




550.8602.651.80.93GS2549 – Extending Cleary towards TamarackTested the southern part of the Cleary Area 130m south of the modelled structural corridor.
Highlights include:0.96 g/t Au over 88.1 m from 510.8 m downholeHoleEasting Northing Depth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS25494796987215251808.3-900377.9598.9221.00.62incl




510.8598.988.10.96





757.1766.39.20.76Dolphin AreaDrilling in the Dolphin Area continues to enhance continuity of the Dolphin–Cleary–WOW trend and test for higher-grade intervals within the broader mineralized corridor.GS2550 – Higher density of mineralized intervals from 215.4 to 581.3m downhole.GS2550 tested the Dolphin Stock margin, intersecting both the composite intrusion and schist host rock. Highlights include:1.35 g/t Au over 80.1 m from 409.7m downhole, including 1.92 g/t Au over 15.6mHoleEasting NorthingDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS25504791457215235703.2-80360215.4353.7138.30.79incl




330.9353.722.81.52





409.7489.880.11.35incl




450.2489.839.62.13





523.3581.3580.97incl




523.3538.915.61.92 within




215.4581.3365.90.81WOW ZoneIn 2025, Freegold completed several holes in the WOW Zone to infill mineralization to the west and southwest, and to test continuity at depth.GS2547 – Higher density of mineralized intervals from 201.9 to 683m downhole.Drilling in WOW continues to demonstrate the potential for expansion to the west and at depth. Hole GS2547 returned several intercepts above 1 g/t Au, further reinforcing the continuity and upside potential of the zone. Highlights include:1.06 g/t Au over 55.4m from 500m downhole1.14 g/t Au over 45m from 638m downholeHoleEasting Northing Depth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS25474786677215053701.7-900118.6127.79.11.07





201.9222.820.90.87





302320181.21





371389180.78





437449120.90





500555.455.41.06





638683451.14within




198.7683484.30.53
The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralizationPlan map:https://freegoldventures.com/site/assets/files/6287/nr_2025_drilling_20260505.jpg2026 Exploration Program Objectives1) PFS-Drilling: Additional drilling for the Golden Summit PFS, including infill drilling to strengthen confidence in grade continuity across higher-grade corridors and condemnation/geotechnical drilling to de-risk pit and infrastructure design.Targeted infill drilling across Dolphin–Cleary–WOW to tighten spacing and improve model confidence.Follow-up drilling at Tamarack to improve definition and evaluate potential future integration into a mineral resource2) Steady results pipeline: Maintain a consistent flow of validated results as labs return assays, including remaining 2025 results and regular 2026 updates3) Stronger geological model: Advance and refine the geological model in parallel with drilling to strengthen understanding of lithology, alteration, veining, and structural controls supporting PFS planning inputs.4) Parallel PFS engineering: Progress key PFS engineering studies and trade-off workstreams in parallel, with a particular emphasis on a cost-benefit analysis for the various recovery processes contemplated.Pit optimization incorporating updated geology and advancing geotechnical inputs.Infrastructure layout and cost inputs supported by condemnation drilling and ground-condition data.Advance environmental baseline work alongside technical studies, as applicable.5) Supporting technical programs: Complete key supporting programs that underpin PFS assumptions, including metallurgy and geotechnical/hydrogeological characterizationMetallurgical work to confirm recoveries, variability, and processing design criteria.Update geotechnical interpretations as geotechnical holes are completed.With drilling and multiple technical programs advancing in parallel, Freegold believes Golden Summit is well-positioned for a steady flow of results through 2026. As new data are integrated, the Company expects to continue sharpening the definition of the higher-grade corridors and progressing the work required to support the upcoming PFS and an updated mineral resource estimate, which is expected to form the basis of the PFS.As of July 2025, Golden Summit resources include an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au (in 432 million tonnes) and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, (in 358 million tonnes) using a 0.5 g/t cut-off grade and a gold price of $2,490. Ongoing cutting, sampling, and analytical work will support an updated mineral resource estimate, which is expected to be incorporated into the upcoming PFS.Analytical Program and QA/QC
HQ core is logged, photographed, and cut in half using a diamond saw. One half is placed in sealed bags for preparation and subsequent geochemical analysis by ALS's facilities in Vancouver and Thunder Bay. Core samples were delivered to ALS's facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen. In Thunder Bay, a representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using ALS method Au-PA01 (PhotonAssay), which provides a detection range of 0.03 to 350 ppm. In addition, a subsample was analyzed for multi-element geochemistry using ALS method ME-ICP61 (34-element, four-acid ICP-AES).The QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of each submittal, and at least one blank is inserted every 25 standards.Qualified Person and Disclosure
Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person has approved  the scientific and technical disclosure in this release.About Freegold Ventures Limited
Freegold is a TSX-listed company focused on advancing exploration and development-stage gold projects in Alaska.This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding advancing the Golden Summit Project and other exploration plans and results of any drill programs, statements regarding the timing for and expected completion of a pre-feasibility study, the results of any environmental initiatives or metallurgical testing and any development, or drilling. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold's Annual Information Form for the year ended December 31, 2025, filed under Freegold's profile at www.sedarplus.com, for a detailed discussion of the risk factors associated with Freegold's operations.SOURCE Freegold Ventures Limited Original: Freegold Drills 1.43 g/t Au over 74.9 m at Golden Summit as 50,000 m 2026 Drill Program Accelerates Towards PFS

Freegold Advances Golden Summit Toward Pre-Feasibility and Expands Technical Leadership TeamApril 13, 2026 6:00 AM
PR Newswire (Canada)

Key HighlightsSix rigs planned (five active; additional rig to commence next month), supporting accelerated drilling timelines~50,000 m infill-focused program to strengthen grade control and support the upcoming Pre-Feasibility Study (PFS)Ongoing metallurgical work targeting higher recoveries & improved concentrate quality for potential direct-to-smelter salesExpanded technical leadership team with the appointment of a Vice President, Engineering and an Exploration ManagerVANCOUVER, BC, April 13, 2026 /CNW/ - Freegold Ventures Limited ("Freegold") (TSX: FVL) (OTCQX: FGOVF) provides an update on ongoing value-creation activities at its Golden Summit project in Alaska, as the Company advances the asset towards a Pre-Feasibility Study (PFS). The 2026 drill program is well underway, with five drill rigs operating and one additional rig on site, scheduled to commence drilling next month. Eleven holes have been completed, and an additional five holes are currently in progress. The ~50,000 m campaign is primarily focused on infill drilling to strengthen grade control and enhance confidence in higher-grade corridors, such as the 2.94 g/t Au over 58.4 m intercepted in GS2544 (see FVL news release dated March 10th, 2026 and 11.54 g/t Au over 29.5 m and 2.99 g/t Au over 31.1m intercepted in GS2546 (See FVL news release dated April 1st, 2026), while parallel metallurgical test work continues to evaluate processing options and potential improvements to concentrate quality for inclusion in the PFS. Golden Summit is a large road-accessible gold project in Alaska that has been advanced through systematic drilling, ongoing model refinement, and metallurgical testing. Metallurgical work continues to support multiple potential development pathways, with recovery rates exceeding 90% using sulphide-oxidizing techniques, including BIOX®, POX, and the Albion Process™. The GlassLock Process™ has also been tested, demonstrating the potential to increase gold grade in concentrate and reduce arsenic content, which may enhance the attractiveness of direct-to-smelter concentrate sales.







Management Team Expansion
Freegold is pleased to announce the appointments of Maureen "Maurie" Marks as Vice President, Engineering and C. Paul Jago as Exploration Manager, further expanding the Company's technical capacity as Golden Summit advances toward the upcoming PFS."We're excited to welcome Maurie Marks, Vice President of Engineering, and Paul Jago, Exploration Manager, both of whose proven experience expands our leadership team at a pivotal stage for the Company. Golden Summit is demonstrating the scale, continuity, and quality required to support a highly compelling development opportunity. With our largest drill program to date underway—~50,000 metres with multiple rigs operating—and metallurgical work advancing, we are positioning the project for multiple development pathways. Key upcoming catalysts include ongoing drill results, continued metallurgical test work updates, and steady progress toward delivery of the Pre-Feasibility Study, which we believe will be transformational for the project and the Company." said Kristina Walcott, President and CEO.Management Bios
Maureen "Maurie" Marks, P.Eng. — Vice President, Engineering
Mrs. Marks brings 15 years of mining engineering and study-management experience to Freegold. Most recently, she served as Mining Manager at Tetra Tech in Vancouver, leading multi-disciplinary teams and delivering technical studies across a wide range of commodities and jurisdictions. She is a licensed Professional Engineer through the professional engineering associations of British Columbia and Manitoba and holds a B.Sc. in Mining Engineering from Montana Tech. Mrs. Marks has acted as a Qualified Person for open-pit mining under NI 43-101 and S-K 1300 standards and has led mine design, scheduling, and cost-estimation work (OPEX and CAPEX) from early-stage scoping through feasibility studies. Her Northern Canadian operating experience includes financial evaluation, mine planning, drill-and-blast engineering, tailings support, and on-site supervision.Statement from Maureen "Maurie" Marks:"Golden Summit is entering an exciting new phase as we advance toward a Pre-Feasibility Study, and I'm thrilled to join Freegold at such a pivotal time. I look forward to helping drive the technical and engineering workstreams that will de-risk the project, strengthen the PFS, and position Golden Summit as a compelling development opportunity. Having worked closely with Kristina and Alvin over the last few years, I've seen firsthand the strong momentum they've built and the exceptional potential of this asset," said Maurie Marks, VP Engineering.C. Paul Jago, M.Sc., P.Geo. — Exploration Manager
C. Paul Jago is a Professional Geologist registered with Engineers and Geoscientists BC and has extensive experience in mineral exploration across British Columbia and the southwestern United States. He has held senior technical and leadership roles, including Senior Geologist at Amarc Resources Ltd., Chief Geologist at Pacific Ridge Exploration Ltd., and Exploration Manager at Centerra Gold Services Inc, with extensive experience at Mount Milligan mine, from 2017 to 2022. Mr. Jago served as the British Columbia Regional Geologist for the Ministry of Energy and Mines (2012- 2017). His experience also includes near-mine exploration work with Freeport-McMoRan in Arizona and Colorado, on porphyry copper and molybdenum operations, providing a strong foundation across both greenfields and brownfields exploration environments and operations.Mr. Jago holds an M.Sc. from the University of British Columbia, where he studied through the Mineral Deposit Research Unit (MDRU). His M.Sc. thesis on the Mt. Milligan deposit was published in Economic Geology in 2014. He currently serves as a director of AMEBC, the Association for Mineral Exploration in British Columbia.Statement from Paul Jago:
"Drawing on my experience advancing projects from early-stage exploration through resource definition and development studies, I see Golden Summit as a rare and exceptional gold system with both impressive scale and meaningful upside. The 2026 program is designed to apply disciplined, systematic, data-driven exploration—tightening drill spacing in higher-confidence zones while testing priority extensions informed by a well-established and advancing geological model. This approach is intended to support the upcoming PFS and continue to unlock value across the broader Golden Summit system," said Paul Jago, Exploration Manager.Qualified Person and Disclosure
Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person responsible for the scientific and technical disclosure in this release.About Freegold Ventures Limited
Freegold is a TSX-listed company focused on gold exploration in Alaska. Its primary focus is the Golden Summit Project.  As of July 2025, Golden Summit resources include an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, using a 0.5 g/t cut-off grade and a gold price of $2,490.  During 2025, an additional 63 holes (39,000m) were drilled, of which the results for 75% have now been reported. Building on the 2025 program, the 2026 drill program will continue to focus on tightening drill spacing to support an enhanced resource estimate ahead of the pre-feasibility study (PFS). In addition, geotechnical drilling and supplementary metallurgical test holes are planned.This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding advancing the Golden Summit Project and other exploration plans and results of any drill programs, statements regarding the timing for and expected completion of a pre-feasibility study, the results of any environmental initiatives or metallurgical testing and any development, or drilling. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold's Annual Information Form for the year ended December 31, 2025, filed under Freegold's profile at www.sedarplus.com, for a detailed discussion of the risk factors associated with Freegold's operations. SOURCE Freegold Ventures Limited

Original: Freegold Advances Golden Summit Toward Pre-Feasibility and Expands Technical Leadership Team

Freegold Drills 11.5 g/t Au over 29.5 m at Golden Summit within 216.4 m of 2.44 g/t AuApril 1, 2026 7:39 AM
PR Newswire (Canada)

Highlights: Momentum builds—higher-grade results and a growing footprintCleary higher-grade: GS2546 delivered 11.54 g/t Au over 29.5 m and 2.99 g/t Au over 31.1 m.Tamarack breakout: Step-outs expand the system to the east with clear upside.Drill acceleration: Five rigs active now; one more mobilizing.Upcoming catalysts: Assays pending on 16 holes, plus ongoing metallurgy work and ongoing drill results from the 2026 drill program.The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.VANCOUVER, BC, April 1, 2026 /CNW/ - Freegold Ventures Limited ("Freegold") (TSX: FVL) (OTCQX: FGOVF) reports new Golden Summit drill results, highlighted by standout higher-than-average grade intercepts at Cleary and continued expansion in the emerging Tamarack area.







"Golden Summit is delivering the kind of higher-grade growth we've been targeting," said Kristina Walcott, President and CEO. "Cleary continues to return strong higher-grade intervals, Tamarack is rapidly emerging as a meaningful eastern extension, and with up to six rigs operating soon and assays pending, we expect sustained catalysts as we advance toward the PFS."Golden Summit hosts broad mineralized envelopes with multiple above-average grade corridors, and the 2026 drill program is designed to improve the continuity of higher-grade mineralization. To date, the corridors can be traced continuously from the Cleary Road Cut Shear in the northeast to the current drilling extent to the southwest, over 1.5 km, with corridor widths of 100–300 m. The Tamarack discovery may extend for an additional 500 m to the east, with mineralization consistent in style, morphology, and orientation with the main deposit.Higher-grade results accelerate as Tamarack opens a new eastern corridor
The latest drilling reinforces Golden Summit's higher-grade growth story, with multi-gram gold intersected across Dolphin–Cleary and into Tamarack as the 2026 program targets thicker mineralized corridors that appear to improve at depth.At depth, the main targets can be traced ~300 m below surface and show improved continuity, broader intervals, and higher grades.Six rigs soon on site: Currently, five rigs are operating, with a sixth being mobilized. Freegold is ramping up its 2026 program to speed up target testing and follow-up across priority areas. By the end of April, six rigs are scheduled to be running. This expanded drill capacity will expedite and advance the planned drilling program to provide additional infill, geotechnical, and metallurgical material in support of the pre-feasibility study ("PFS").Cleary Area – Strong to the southHole GS2546 – Four Higher Grade Intervals
Drilling in the Cleary area continues to unlock higher-grade potential to the south. Hole GS2546 returned two good intervals from 121-200m, then encountered 216.4 m at 2.44 g/t Au from 255.1 to 471.5 m (end-of-hole) with six well mineralized intervals, including four higher grade intercepts, further strengthening confidence in the continuity of higher-grade mineralization within the current resource area. The deepest higher-grade zone was encountered at 429.8m, the predicted target depth, and returned 11.54 g/t Au over 29.5 m, but was lost before the full extent of the zone could be tested; the hole was originally targeted to 700 m. The overall continuity of mineralization is demonstrated on Section 479650E.Noteworthy intercepts include:2.99 g/t Au over 31.1 m 11.54 g/t Au over 29.5 m, containing three notably high-grade intervalsHoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2546471.5-75360121.0141.120.11.46



186.5200.313.81.79



255.1471.5216.42.44incl


255.1319.964.80.90incl


328.0359.131.12.99incl


378.7398.119.40.75incl


429.8459.329.511.54incl


442.3443.51.229.32incl


443.5445.31.862.15Incl


450.2452.01.896.30Tamarack Discovery Continues to Grow
During the 2025 program, 4 holes (GS2536, GS2540, GS2545, and GS2551) were drilled in the Tamarack Zone, marking a significant advancement in expanding the eastern boundaries of Golden Summit's mineralized area. Drill hole GS2536 (reported January 15th,) intersected 1.28 g/t gold over 49.2 m. Hole GS2540 (reported February 18th) intersected 1.54 g/t Au over 44 m within a broader interval of 1.17 g/t Au over 111.9 m. Reported below are Holes GS2545 and GS2551, both of which hit multiple higher-grade intervals. Notably, GS2551, the more mineralized of the two, was terminated prematurely while in mineralization due to challenging drilling conditions. Additional drilling is planned for the Tamarack area during the 2026 program.GS2545 – Mineralized Intervals from 104m to 593m Downhole.
This is the deepest hole drilled to date at Tamarack. It intersected intrusive-hosted mineralization at the bottom of the hole, suggesting that Tamarack may represent an eastern extension of the Dolphin stock. Ongoing interpretive work continues to evaluate the possibility that a single, larger mineralized system associated with the Dolphin intrusion may extend beneath the entire property.Highlights include:1.69 g/t Au over 25.2 m from 224 m downhole24.12 g/t Au over 6.6 m from 511 m downhole, including 236 g/t Au over 0.6 mHoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2545710-70330104.0113.09.02.51



179.0249.270.20.91incl


224.0249.225.21.69



425.0484.959.90.51



505.4512.06.6024.12incl


511.4512.00.60236.0



580.7592.912.20.74GS2551 Five Higher-Grade Intervals Ending in Mineralization
This drill hole, collared 90 m to the NW of GS2545, is the fourth of a four-hole fence across the newly discovered Tamarack Zone. It intersected multiple intervals of higher-grade mineralization beginning closer to surface with 1.28 g/t starting at 57.8 m downhole, bottoming in mineralization. The hole was terminated due to difficult drilling conditions.Highlights include:1.28 g/t Au over 6.7 m starting 58 m downhole68.21 g/t Au over 1.4 m from 124 m downhole63.18 g/t Au over 1.6 m within 22.2 g/t Au over 5.5 m from 229 m3.40 g/t Au over 3.1 m from 404 m downhole ending in mineralizationHoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2551420-7033057.864.56.71.28



124.3125.71.4068.21



202.2213.511.30.56



228.8235.26.419.01incl


229.7231.31.6063.18



269.0274.45.403.47



403.9407.03.103.40Links Plan Map and Sections –https://freegoldventures.com/site/assets/files/6287/479650e.pdf
https://freegoldventures.com/site/assets/files/6287/04012026_pm.pdf
https://freegoldventures.com/site/assets/files/6287/tamarack_nwse.pdf2026 Exploration Program ObjectivesTarget – Higher-Grade Corridors: This year's 50,000 metre program will focus on identifying and delineating higher-than-average grade corridors within the broader mineralized zones—work that could support project economics by potentially improving overall resource grade.Target – Infill & Expansion: The program also includes geotechnical drilling, additional metallurgical test work, and supporting studies to continue advancing the project. Drilling will target the WOW, Dolphin, and Cleary Hill areas, as well as the recently discovered Tamarack zone.District-Scale Potential: Golden Summit's history of gold occurrences, previous placer production, and its current resource base, all within an approximate 10 km x 1.5 km ENE-trending structural corridor, collectively reinforce the project's potential to evolve into a district-scale opportunity within a prolific gold-producing region. This year's program will systematically evaluate the potential of Golden Summit to increase in size. As the season progresses, additional drilling is planned to further expand and refine the resource base in support of continued project advancement.News Flow – 16 Additional Holes Pending Assay Results: Drilling concluded in mid-December with 63 holes completed. Cutting, sampling, and analytical work on the remaining drill holes is ongoing, and additional results will be reported following validation. Sixteen holes remain to be reported.Since 2020, Golden Summit has rapidly grown into one of North America's largest undeveloped gold resources through targeted drilling, model enhancements, and an expanding understanding of mineralization controls.Pilot-Scale Testing Underway to Support Metallurgical Results: Golden Summit's substantial size and exploration upside support multiple potential development pathways. Building on the 2025 program, the 2026 drill program will continue to focus on tightening drill spacing to support an enhanced resource estimate ahead of the pre-feasibility study (PFS). In addition, geotechnical drilling and supplementary metallurgical test holes are planned.Initial pilot-scale testing on a sample representative of the Golden Summit deposit is complete, and a flotation concentrate has been produced from a 1,500 kg sample collected from 12 drill holes.Effective Concentration Possible: This concentrate, which is less than 4% of the original material, will undergo additional testing to refine the preferred oxidation or treatment process and determine the most effective processing methods during the PFS.Non-Acid-Generating Tailings: Tailings from the flotation-based flowsheet, the same flowsheet as the pilot plant, have been classified as low risk for acid generation due to the removal of sulphur and the presence of significant amounts of calcium carbonate.Conventional Process & Range of Oxidation Processes Are Being Tested: So far, the prior oxidation test work has been highly successful, showing that total gold recoveries of over 90% are achievable with BIOX®, POX, and the Albion Process™. The GlassLock Process™ has also been tested, increasing the gold grade in the concentrate and reducing arsenic content, enabling direct-to-smelter sales. While maximizing recovery and NAV remain the priority, the project's substantial resource base may permit a simpler processing flow sheet, which could lower both upfront capital and operating costs. This option will also be considered.As of July 2025, Golden Summit resources include an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, using a 0.5 g/t cut-off grade and a gold price of $2,490. Ongoing cutting, sampling, and analytical work support an updated mineral resource estimate, which will be incorporated into the upcoming PFS.Analytical Program and QA/QCHQ Core is logged, photographed and cut in half using a diamond saw, and one-half is placed in sealed bags for preparation and subsequent geochemical analysis by ALS's facilities in Vancouver and Thunder Bay. Core samples were delivered to ALS's facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen. In Thunder Bay, a representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using ALS method Au-PA01 (Photon Assay) which provides a detection range of 0.03 to 350 ppm. In addition, a subsample was analyzed for multi-element geochemistry using ALS method ME-ICP61 (34-element, four-acid ICP-AES).The QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.Qualified Person and Disclosure
Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person responsible for the scientific and technical disclosure in this release.About Freegold Ventures Limited
Freegold is a TSX-listed company focused on advancing exploration and development-stage gold projects in Alaska.This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding advancing the Golden Summit Project and other exploration plans and results of any drill programs, statements regarding the timing for and expected completion of a pre-feasibility study, the results of any environmental initiatives or metallurgical testing and any development, or drilling. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold's Annual Information Form for the year ended December 31, 2025, filed under Freegold's profile at www.sedarplus.com, for a detailed discussion of the risk factors associated with Freegold's operations.SOURCE Freegold Ventures Limited

Original: Freegold Drills 11.5 g/t Au over 29.5 m at Golden Summit within 216.4 m of 2.44 g/t Au

Freegold Drills 2.94 g/t Au over 58.4m at Golden SummitMarch 10, 2026 7:51 AM
PR Newswire (Canada)

Highlights: Dolphin Area – continued infill drilling demonstrates potential for higher grade within the main resource area and at depth – with notable intercepts including:2.41 g/t Au over 18.9m1.46 g/t Au over 88.4m3.09 g/t Au over 40.8m2.94 g/t Au over 58.4mThe width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.VANCOUVER, BC, March 10, 2026 /CNW/ - Freegold Ventures Limited ("Freegold") (TSX: FVL) (OTCQX: FGOVF) is pleased to report results from six additional drill holes completed at its Golden Summit project. Of these, three were drilled in the Dolphin area and three in the Cleary area. The results from these holes continue to demonstrate robust continuity of mineralization throughout the resource area.  Notably, the Dolphin area results indicate the potential for higher-grade mineralization within the main resource zone. These results also provide further validation of the current resource model, confirming both its reliability and the potential for further growth at Golden Summit.







Both the already substantial size and exploration potential of the Golden Summit project clearly indicate that multiple development strategies can be pursued. Building on the success of the 2025 program, the 2026 drill program will continue to focus on tightening drill spacing to enhance the grade of the resource estimate prior to the pre-feasibility study (PFS). In addition, geotechnical and supplementary metallurgical test holes will also be drilled. Pilot-scale testing on a sample representative of the Golden Summit deposit is complete, and a flotation concentrate has been produced from a 1,500 kg sample collected from 12 drill holes. This concentrate, which is less than 4% of the original material, will undergo additional testing to refine the preferred oxidation or treatment process and determine the most effective processing methods during the PFS. So far, the prior oxidation test work has been highly successful, showing that total gold recoveries of over 90% are achievable. Tailings from locked-cycle flotation tests using the same flowsheet as the pilot plant have been analyzed for environmental characterization, including Acid Base Accounting (ABA) and Toxicity Characteristic Leaching Procedures (TCLP).  Tailings from the flotation-based flowsheet have been classified as low risk for acid generation due to the removal of sulphur and the presence of significant amounts of calcium carbonate. More specifically, results showed the Neutralization Potential to Acid Generating Potential ratio (NPR) of the flotation tailings was significantly above what is typically classified as non-acid generating. While maximizing recovery and NAV remain the priority, the project's substantial resource base may permit a simpler processing flow sheet, which could lower both upfront capital and operating costs. This option will also be considered.Two drill rigs are currently in operation, and a third crew is scheduled to arrive later this week. An additional three rigs will be deployed over the next six weeks to accelerate the completion of the drill programDolphin Area
Drilled to continue to evaluate zones of higher grade in the central Dolphin Area, Hole GSDL2537 demonstrates strong mineralized continuity as well as increased grade intersecting 2.41 g/t Au over 18.9m as well as 1.46 g/t Au over 88.4m.              HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2537706.2-90082.690.57.91.74



114.6120.76.16.60



172.2191.118.92.41



249282.633.61.36



367.93779.11.32



386.2412.125.90.72



471.5559.988.41.46



641643.42.422.06Hole GS2542
Hole GS2542 was strategically drilled in the central portion of the Dolphin area, with the primary objective of evaluating the potential for higher-grade mineralization within the central Dolphin Zone. The results from this drill hole confirm zones of higher-grade mineralization.Several noteworthy higher-grade intercepts were encountered in hole GS2542. These results again highlight the potential to delineate distinct zones of higher-grade mineralization within the broader resource area. Significant intercepts include:1.70 g/t Au over 48.8 metres3.09 g/t Au over 40.8 metresThe presence of these intervals supports ongoing efforts to define and expand the resource's higher-grade components.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2542773-80013.4102.489.00.71



120.7166.445.70.86



212.1260.948.81.70



370.6393.823.21.05



519.6553.533.91.07



570.6611.440.83.09GS2544
Hole GS2544 was drilled vertically in the northwest Dolphin area to evaluate the depth potential towards the northwest section of the main resource.Results were highly encouraging, intersecting higher gold grades in the northwest portion of the main deposit and to depth. Several higher-grade gold intercepts were identified in the drill core, including:2.94 g/t Au over 21.9 metres2.34 g/t Au over 23.4 metres2.94 g/t Au over 58.4 metresBased on these promising results, further drilling is planned for the northwest Dolphin area to continue evaluating the resource potential at depth and laterally.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2544598.3-900201.121513.95.17incl


208.5209.81.346.53



257.52668.51.45



273.2295.121.92.94



321.934422.11.09



379.2427.548.30.85



447.647123.42.34



507.656658.42.94Incl


509510.91.944.43Cleary Area
Three holes were drilled in the Cleary Area. Holes GS2538 and GS2543 were drilled in the north-eastern part of Cleary, aiming to fill the area to the northeast. Hole GS2539 was drilled in the western section of the Cleary area and intersected several zones of higher-grade mineralization, including 1.41 g/t Au over 45.6 m and another 2.02 g/t Au over 15.2 m. There remains significant potential for expansion within the Cleary Area, especially to the southeast and towards the newly discovered Tamarack area, which is located 400 metres to the east.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2538666.5-700331.3355.724.41.35HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2539718.4-70053.663.19.56.28



358.8361.8313.50



425.5471.145.61.41



511.6547.736.10.78



581.3596.515.22.02HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2543529.4-75012.223.2111.06



300.8319.418.61.362025/2026 Exploration Program Objectives
The objective of the current exploration program at Golden Summit is to advance the understanding of the mineralized zones within the project area with a particular emphasis on the western and eastern extensions of the existing resource. A major focus is to identify and delineate higher-grade corridors within the mineralized zones. Locating these corridors is a key priority, as their presence is expected to positively impact the project's economics by potentially increasing the resource grade. The exploration program also includes geotechnical drilling, further metallurgical test work, and additional supporting studies to advance the overall project.  Drilling will target the WOW, Dolphin, and Cleary Hill areas, as well as the recently discovered Tamarack zone. As the season progresses, additional drilling is planned east of the main resource zone. This ongoing work is intended to further expand and refine the resource base, supporting the continued advancement and development of the Golden Summit project. Golden Summit's history of gold occurrences, previous placer production, and its current resource base collectively highlight the project's potential to evolve into a district of its own within an already prolific gold-producing area.Plan Map and Section 479050Ehttps://freegoldventures.com/site/assets/files/6287/sn-e479050-dh-geol-with-2531.jpg
https://freegoldventures.com/site/assets/files/6287/nr-2025-drilling-20260309.jpgDrilling concluded in mid-December with a total of 63 holes completed. Analytical work, including cutting and sampling of the remaining drill holes, is ongoing, with further results to be reported upon validation. 19 holes remain to be reported. Since 2020, Golden Summit has grown into one of North America's largest undeveloped gold resources through targeted drilling campaigns, model improvements, and enhanced understanding of mineralization controls. Positive metallurgical results have advanced the project, with recovery rates exceeding 90% using sulphide-oxidizing techniques, including BIOX®, POX, and the Albion Process™. The GlassLock Process™ has also been tested, increasing the gold grade in the concentrate and reducing arsenic content, enabling direct-to-smelter sales.As of July 2025, Golden Summit resources include an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, using a 0.5 g/t cut-off grade and a gold price of $2,490. Ongoing cutting, sampling, and analytical work support an updated mineral resource estimate, which will incorporated into the upcoming Pre-Feasibility Study (PFS).Analytical Program and QA/QC
HQ Core is logged, photographed and cut in half using a diamond saw, and one-half is placed in sealed bags for preparation and subsequent geochemical analysis by ALS's facilities in Vancouver and Thunder Bay. Core samples were delivered to ALS's facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen.  A representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using ALS method Au-PA01, (Photon Assay) which provides a detection range of 0.03 to 350 ppm, in Thunder Bay. In addition, a subsample was analyzed for multi-element geochemistry using ALS method ME-ICP61 (34-element, four-acid ICP-AES).A QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.Qualified Person and Disclosure
Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person responsible for the scientific and technical disclosure in this release.About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration activities in Alaska.For further information, contact
Kristina Walcott, President and CEO, 
at 1.604.662.7307 
or jkw@freegoldventures.com.This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding advancing the Golden Summit Project and other exploration plans and results of any drill programs, statements regarding the timing for and expected completion of a pre-feasibility study, the results of any environmental initiatives or metallurgical testing and any development, or drilling. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold's Annual Information Form for the year ended December 31, 2024, filed under Freegold's profile at www.sedarplus.com, for a detailed discussion of the risk factors associated with Freegold's operations.SOURCE Freegold Ventures Limited

Original: Freegold Drills 2.94 g/t Au over 58.4m at Golden Summit

Freegold Drills 1.54 g/t Au over 44m at Tamarack Drilling at Golden SummitFebruary 18, 2026 6:30 AM
PR Newswire (Canada)

Highlights:  Tamarack Continues to Shine with 1.54 g/t Au over 44m, highlighting new potential for Golden SummitDolphin Area – broad zone of 0.74g/t Au over 525m and 1.78 g/t Au over 84.9mWOW Area: Multiple intercepts of higher grade -120 g/t Au over 3mThe width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralizationVANCOUVER, BC, Feb. 18, 2026 /CNW/ - Freegold Ventures Limited ("Freegold") (TSX: FVL) (OTCQX: FGOVF) is pleased to announce the results from eight additional drill holes at its Golden Summit project, which are continuing to demonstrate ongoing exploration success and the project's substantial potential. Drilling is scheduled to recommence later this month, with a focus on closer-spaced drilling to enhance grade control. Additional metallurgical work remains ongoing to determine the optimal method for inclusion in the pre-feasibility study ("PFS").







2025/2026 Exploration Program Objectives
The current exploration program is designed to expand understanding of Golden Summit's mineralized zones and target both western and eastern extensions of the current resource area. Key goals include delineating higher-grade corridors, reducing the strip ratio, determining the optimal cutoff grade to maximize project value, and conducting strategic drilling in the WOW (2024), Dolphin, Cleary Hill, and the newly discovered Tamarack areas.  Later in the season, drilling to the east of the main resource zone is planned.New Area – Tamarack
2025 Initial Tamarack Drilling
The Tamarack Area, located approximately 400 metres east of Cleary, marks a significant expansion of the Golden Summit's mineralized footprint. Four drill holes were completed to assess exploration potential further to the east. Notably, hole GS2540 returned 1.32 g/t gold over 14.7 metres at a shallow depth, with deeper mineralization of 1.54 g/t Au over 44 metres within a broader interval of 1.17 g/t Au over 111.9m, indicating strong potential for expanding the eastern footprint of the project. Additional drilling is planned for 2026 in this promising area.Of the four holes drilled in Tamarack (GS2536, GS2540, GS2545, GS2551), GS2536 intersected 1.28 g/t gold over 49.2 metres, and GS2540 showed several intervals of continuous gold mineralization in highly deformed schist, with intense alteration and visible gold in some intervals. Results for GS2545 and GS2551 are pending.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2540623-90047.362.014.71.32



251.0260.09.01.35



413.0458.945.90.92



506.0617.9111.91.17
Incl

536.0580.044.01.54 Dolphin Area
Hole GS2533, located on the western flank of central Dolphin, demonstrates strong mineralized continuity with an intersection of 525 metres averaging 0.74 g/t Au, well above the resource cut-off grade. This provides valuable infill data and is among the longest mineralized intercepts drilled at Golden Summit.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2533881-85360144.8179.034.20.84



251.0776.0525.00.74
Incl

472.4475.53.121.7
Incl

494.0534.840.81.43 Holes GS2535 and GS2541, drilled north of GS2533 by 50 and 200 metres, respectively, both returned notable intervals, further supporting the area's robust mineralization and continue to provide additional infill data, further validating the current exploration model.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2535725.2-50360280.3301.921.60.98



346.7365.018.31.04



399.0413.014.00.72



502.5538.335.81.05



563.0582.919.90.99



603.6635.072.00.74
HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2541751.2-900224.0227.03.020.1



347.0377.030.00.77



439.5472.533.01.13



523.160884.91.78  WOW Area
Fifteen holes were drilled in the WOW Area in 2025 to test the westward extension of the resource, particularly focusing on areas closer to the surface with significantly higher-grade intersections. Drilling also targeted the northern extent and depth, with results indicating strong potential at depth. Notably, GS2516 intersected 120 g/t Au over 3 metres at 800 metres depth, while GS2529 confirmed broader zones of higher-grade material west of historic veins. GS2530 explored the northwest portion, identifying mineralization at depth and revealing a shift in mineralization trends from south- to north-dipping, aligning with the historic Newsboy Mine to the west. The implications of this orientation change are still being evaluated. Exploration in 2026 will continue to further evaluate the WOW Area, aiming to further delineate and infill higher-grade material near the surface.Hole GS2516
Drilled at a -70-degree angle to the north in the western WOW Area, GS2516 aimed to reach the downdip extension of higher-grade material. Multiple zones with grades above the cut-off were encountered, exhibiting increased width and thickness at greater depths. This indicates that the Tolovana and Schuemeyer vein systems likely continue westward and extend further to depth. Notably, a significant intercept of 120 g/t Au over 3.0 meters was recorded near the base of the hole at a depth of 803 meters.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2516812-70360128.4130.01.610.6



164.0170.06.02.25



248.0266.018.00.75



341.0368.027.00.72



436.646730.40.70



485.0512.027.01.25



529.4538.38.90.67



605.0621.916.91.08



644.0707.063.00.63



725.0749.024.01.44



803.0806.03.0120.26 Hole GS2529
Hole GS2529, drilled vertically in the western WOW Area, aimed to test for broader zones of higher-grade material extending westward from known veins. Results confirm the continuity of higher-grade mineralization downdip and at depth.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2529830.4-9008.732.623.90.76



121.0129.18.12.24



246.0306.960.90.78



322.2337.415.21.60



462.4483.120.71.59



532.4539.16.71.46



579.7593.413.71.16



608.7648.339.61.41



666.6697.130.50.72



742.7776.633.90.66 Hole GS2530
Drilled to test the extent of mineralization in the northern portion of the western side of WOW, GS2530 intercepted mineralization above the resource cut-off grade at approximately 536 metres.  The mineralization in may dip northward unlike the previous historically south dipping veins, as a result GS2530 may have stopped short at 629m before entering the main zone. The broader implications of this shift in orientation are still being assessed.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2530629-900212.4229.517.11.28



408.8411.93.116.70



575.0622.347.30.70 Cleary Area
A hole drilled on the western edge of Cleary targeted a depth of 900 metres but terminated at 714.5 metres due to drilling challenges. The aim was to test for the potential for Cleary to broaden at depth.HoleDepth (m)Dip (°)Azimuth (°)From (m)To (m)Interval (m)Au (g/t)GS2534714.5-80360156.6160.64.04.86



185205.720.71.01



425.5614.8189.30.60
incl

526.4614.888.40.73 Plan Map and Section 478800E
https://freegoldventures.com/site/assets/files/6287/nr_2025_drilling_20260218_v2.pdfhttps://freegoldventures.com/site/assets/files/6287/478800e.pdfAnalytical Program and QA/QC
Drilling concluded in mid-December with a total of 63 holes completed. Analytical work, including cutting and sampling of the remaining drill holes, is ongoing, with further results to be reported upon validation. Since 2020, Golden Summit has grown into one of North America's largest undeveloped gold resources through targeted drilling campaigns, model improvements, and enhanced understanding of mineralization controls. Positive metallurgical results have advanced the project, with recovery rates exceeding 90% using sulphide-oxidizing techniques, including BIOX®, POX, and the Albion Process™. The GlassLock Process™ has also been tested, increasing gold grade in concentrate and reducing arsenic content for direct-to-smelter sales.As of July 2025, Golden Summit resources include an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, using a 0.5 g/t cut-off grade and a gold price of $2,490. Ongoing cutting, sampling, and analytical work support an updated mineral resource estimate, which will inform the upcoming Pre-Feasibility Study (PFS).HQ core is logged, photographed, and cut in half for geochemical analysis at MSA Laboratories in Fairbanks or ALS facilities in Vancouver and Thunder Bay. Samples are prepared, crushed, riffle split, and analyzed for gold and multi-element geochemistry using certified quality systems. A QA/QC program includes insertion of laboratory and field standards, with blanks checked regularly.Qualified Person and Disclosure
Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person responsible for the scientific and technical disclosure in this release.About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration activities in Alaska.This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding advancing the Golden Summit Project and other exploration plans and results of any drill programs, statements regarding the timing for and expected completion of a pre-feasibility study, the results of any environmental initiatives or metallurgical testing and any development, or drilling. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold's Annual Information Form for the year ended December 31, 2024, filed under Freegold's profile at www.sedarplus.com, for a detailed discussion of the risk factors associated with Freegold's operations.SOURCE Freegold Ventures Limited

Original: Freegold Drills 1.54 g/t Au over 44m at Tamarack Drilling at Golden Summit

Eric Sprott's SHOCKING Portfolio - 2025 Yearly Wrap-Up

Summer 2025 Presentation

https://freegoldventures.com/site/assets/files/6431/corp-presentation-summer-v2-2025.pdf

Kristina Walcott of Freegold Ventures presents at Metals Investor Forum in Vancouver | May 2025



Weekly Chart

$FGOVF
$FGOVF Beautiful breakout as the chart is a thing of beauty..has $1 test written all over it.. pic.twitter.com/O31HNQEMoZ— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) September 4, 2024

TWO beautiful days in a row. Intraday.83

The potential here is gigantic IMHO

News; $FGOVF Eric Sprott files Early Warning Report for Freegold Ventures Limited

Toronto, Ontario--(Newsfile Corp. - September 18, 2020) -  On September 18, 2020, Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired a total of 40,032,226 common shares of Freegold Ventures Limited ( Company) and 20,016,113 common share p...

In case you are interested FGOVF - Eric Sprott files Early Warning Report for Freegold Ventures Limited

FYI.

Freegold Acquires Prospective Lands at Golden Summit

http://www.freegoldventures.com/i/pdf/032514FVL.pdf
March 25th 2014 - (Vancouver, BC) -- Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold") is pleased to announce the acquisition of 10 new State of Alaska mining claims covering approximately 1,440 acres of ground at its Coffee Dome prospect on its Golden Summit Project located near Fairbanks, Alaska. Like the greater Golden Summit project, the Coffee Dome prospect is road accessible, close to industrial strength power and an experienced labour force in nearby Fairbanks (100,000 people), representing an excellent low risk exploration target for Freegold.

Over the past several years Freegold has successfully delineated a sizeable resource at the Dolphin/Cleary Area on the western end of it's Golden Summit project and has been systematically evaluating this significant prospect, now at the Preliminary Economic Assessment stage. Golden Summit represents an excellent development target for Freegold, with a rich placer production history of over 6.75 million ounces recovered from the streams that drain the project area and 80 documented historical gold occurrences throughout it's 17 km strike extent. The project hosts the district's largest high grade historic underground producers such as the Cleary Hill Mine which produced 281,000 ounces grading 44.5 g/t (1.3 oz/t), the American Eagle which produced 60,000 -ounces grading 44.5 g/t (1.3 oz/t) and the Hi Yu Mine which produced 110,000 ounces grading 54.8 g/t (1.6 oz/t). Currently, the Fairbanks district is also home to Alaska's largest gold producer, Kinross Gold's operating Fort Knox mine which is located 7 km to the south of Golden Summit project. Limited exploration of this highly prospective district has been completed and Freegold's exploration efforts are aimed at developing this extensive district.

Historic work in the Coffee Dome area dates back to 1911 when one ton of material mined from the Charles prospect averaged $25 per ton (41 g/t ) in free milling gold. Later sampling returned values ranging from 1.95 to 43.5 g/t gold. Surface samples collected by the U.S. Geological Survey in 1969 returned gold values ranging from 1.27 to 150 g/t gold. Trenching and rock sampling conducted by Freegold in 1998 indicated that both upper and lower plate lithologies were encountered in trenches and higher gold values are more common in rocks containing abundant iron oxide and manganese oxide. Limited reverse circulation drilling by Freegold (6 holes, 557 m) intersected anomalous gold (100 to 400 ppb). No follow-up work has been conducted on this drilling. All of the holes drilled by Freegold encountered upper plate Chatanika Terrane rocks suggesting that the Coffee Dome area contained both upper and lower plate lithologies similar to those hosting mineralization in the Dolphin-Cleary Hill resource area and at now-mined out nearby True North deposit (Kinross Gold) and the current Gil deposit (Kinross Gold).

Prior to work completed by Freegold and completion of airborne magnetics and electromagnetics surveys by the State of Alaska Division of Geological and Geophysical Surveys (DGGS), the Coffee Dome prospect area was thought to be the eastern-most extent of the Fairbanks Mining District. However, Freegold's recently completed re-evaluation of this area suggests that the Coffee Dome area sits astride two district-scale northeast trending post-mineral faults. Lower plate rocks of the Fairbanks Schist form an up-thrown horst block between these two faults. Published geologic maps of the area indicate upper plate rocks of the Chatanika Terrane occur in a downthrown block to the northwest of the Coffee Dome horst block. Freegold's recent efforts at Coffee Dome, particularly reinterpretation of the airborne magnetics over the area, suggest that Chatanika Terrane rocks also are present in a down-thrown block to the southeast, an interpretation that differs with current geologic maps of the area. In addition, the presence of high grade gold values with anomalous arsenic, antimony, bismuth and tellurium suggest the potential for an intrusion related gold system. Although no intrusives are mapped at Coffee Dome, such an intrusive could be masked by extensive surficial deposits or be shallowly emplaced and blind at surface.

The Qualified Person who has reviewed the technical disclosure contained in this release is Curtis J. Freeman, M.Sc., P.Geo., who is the primary geological consultant for the project.

Thanks

A prompt reply is a good sign

Who knows? At least I received a prompt reply from the company. Like most stocks, it is a crap shoot.

Dr. Doug

I used to own some FGOVF and sold several years ago. They used to control some property in Idaho I believe.

Some of the estimates sounds good in the propert were in sunny California.

Do you honestly think this has a chance, considering the infrastructure required, weather etc. ??

Would be interested in your thoughts, I look at FGOVF every now and then to check progress, looks like there has been some.

I sent a message to the President of FGOVF and received the following very prompt reply:

Dear Dr Doug,

The sudden rise is directly attributable to the significant resource announced at Golden Summit. Below please text of release

Kind regards,

Kristina

-----------------------------------------------------------------

Freegold Announces 43-101 Resource Estimate for Golden Summit Project, Alaska
Ocotober 31,2012 (Vancouver, B.C.) - Freegold Ventures Limited (TSX: FVL)("Freegold") is pleased to report the results of a NI 43-101 compliant Mineral Resource estimate recently completed on the Golden Summit Project located near Fairbanks, Alaska. The resource estimate was completed by Giroux Consultants Ltd. of Vancouver, BC, Canada. The indicated and inferred resource using a 0.3 and 0.35 gram/tonne (g/t) cut-off is:

DOLPHIN ZONE INDICATED RESOURCE
Au Cut-off
(g/t) Tonnes
Au
(g/t) Contained
kgs Au ozs Au
0.30 73,580,000 0.67 49,000 1,576,000
0.35 62,620,000 0.73 45,460 1,462,000


DOLPHIN ZONE INFERRED RESOURCE
Au Cut-off
(g/t) Tonnes Grade
Au
(g/t) Contained
kgs Au ozs Au
0.30 223,300,000 0.62 138,000 4,437,000
0.35 191,920,000 0.67 127,630 4,103,000


The mineralized Dolphin Solid has increased in volume by 254 % over the one used in the 2011 Estimate (Adams, Giroux, 2012). It has been deepened and extended to the north east to include the Cleary Hill area. This update of the 43-101 resource reported in January 2012 (Adams and Giroux, 2012) was based on an additional 74 drill holes completed in 2012 and an extension of the mineralized zone to the north and east. As a result the number of holes within the mineralized solid increased from the 77 (11,802m) used in the 2011 estimate, to 177 (35,829m) for this update.

The resource was calculated using a block model with blocks measuring 10 by 10 by 5 metres in size that were populated using a combination of ordinary kriging and indicator kriging; blocks within the Dolphin mineralized solid were summed to arrive at the total tonnage and average grade. In the following table, a 0.30 g/t and 0.35 g/t are highlighted as possible open pit cut offs. No economic parameters were utilized in determining the cut offs.


DOLPHIN ZONE INDICATED RESOURCE
Au Cut-off
(g/t) Tonnes> Cut-off
(tonnes) Grade > Cut-off
Au
(g/t) Contained
kgs Au ozs Au
0.20 101,530,000 0.55 55,940 1,799,000
0.25 86,660,000 0.61 52,600 1,691,000
0.30 73,580,000 0.67 49,000 1,576,000
0.35 62,620,000 0.73 45,460 1,462,000
0.40 53,410,000 0.79 42,030 1,351,000
0.50 39,360,000 0.91 35,740 1,149,000
0.60 29,180,000 1.03 30,170 970,000
0.70 22,040,000 1.16 25,570 822,000
0.80 16,720,000 1.29 21,590 694,000
0.90 12,760,000 1.43 18,220 586,000
1.00 9,960,000 1.56 15,580 501,000
1.10 7,910,000 1.70 13,430 432,000
1.20 6,270,000 1.84 11,550 371,000
1.30 5,000,000 1.99 9,960 320,000


DOLPHIN ZONE INFERRED RESOURCE
Au Cut-off
(g/t) Tonnes> Cut-off
(tonnes) Grade > Cut-off
Au
(g/t) Contained
kgs Au ozs Au
0.20 281,710,000 0.54 152,690 4,909,000
0.25 253,830,000 0.58 146,210 4,701,000
0.30 223,300,000 0.62 138,000 4,437,000
0.35 191,920,000 0.67 127,630 4,103,000
0.40 162,310,000 0.72 116,700 3,752,000
0.50 113,800,000 0.83 94,910 3,051,000
0.60 80,250,000 0.96 76,640 2,464,000
0.70 56,540,000 1.08 61,290 1,970,000
0.80 38,580,000 1.24 47,880 1,539,000
0.90 25,770,000 1.44 37,030 1,191,000
1.00 18,620,000 1.63 30,290 974,000
1.10 14,430,000 1.80 25,900 833,000
1.20 11,580,000 1.95 22,630 727,000
1.30 9,400,000 2.12 19,920 640,000


The Qualified Person for this release is G.H. Giroux, M.A.Sc., P.Eng., who has reviewed and approved the contents of this press release. The mineral resource estimate has been prepared in compliance with the standards of NI43-101. Mr. Giroux acted as the Qualified Person, as defined in NI43-101 and is independent of the Company. The NI43-101 report will be finalized and filed on SEDAR within 45 days of the date of this news release.

Drilling at Golden Summit is expected to recommence in early January with two rigs. One rig will be focused in the Dolphin/Cleary Area as it remains open to expansion in several directions.

About Freegold Ventures Limited

Freegold is a TSX listed company focused on the exploration of gold projects in Alaska. In addition to the Golden Summit Gold Project, the company holds a 100% in lease interest in the Rob Gold Project near the Pogo Gold Mine in the Goodpaster Mining District of Alaska and has an exploration agreement with option to lease the Vinasale Gold project in central Alaska.

Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures and exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs

Contact:

Kristina Walcott-President and CEO
Telephone: 1.604.662.7307
jkw@freegoldventures.com

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Something is going on! I do not know what, but, I doubled my holdings of FGOVF this morning. Does anyone know anything?

Dr. Doug

Why the 20% rise today?

Dr. Doug

DrDouglas welcome to Freegold Ventures Limited (fgovf
good to see you @ FGOVF

Dr Doug well, I only have the info from the past N/R and
the website -
do you have more info?
your thoughts on FGOVF is appreciated?

FREEGOLD INTERSECTS 85 METRES OF 1.49 G/T OF GOLD AT VINASALE, ALASKA
Freegold Intersects 85 Metres of 1.49 g/t of Gold at Vinasale, Alaska

http://www.freegoldventures.com

Both Vinasale and Golden Summit host NI 43-101 Compliant Resource Calculations

Exploration 2012
20,000 metre diamond core program currently underway
Updated Resource Calculation expected in Q4 - 2012

You thoughts on FGOVF? Should I buy more?

Dr Doug

Freegold Ventures Lt (FGOVF)
0.5748 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.562 0.608 - - -
fgovf Detailed Quote Wiki

Freegold Ventures Lt (FGOVF)
0.59 ? 0.0 (0.00%)
Volume: 1,000 @ 11:23:44 AM ET
Bid Ask Day's Range
0.571 0.613 - - -
fgovf Detailed Quote Wiki

Freegold Ventures (P (FGOVF)
0.689 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.532 0.5677 - - -
fgovf Detailed Quote Wiki

Freegold Ventures (P (FGOVF)
0.752 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.72 0.75 - - -
fgovf Detailed Quote Wiki

Freegold Ventures (P (FGOVF)
0.8 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.7586 0.8191 - - -
fgovf Detailed Quote Wiki

Freegold Ventures (P (FGOVF)
0.5895 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.609 0.645 - - -
fgovf Detailed Quote Wiki

Freegold Ventures (P (FGOVF)
0.663 ? -0.0091 (-1.35%)
Volume: 800 @ 1:00:10 PM ET
Bid Ask Day's Range
0.641 0.663 0.663 - 0.6676
fgovf Detailed Quote

Freegold Ventures (P (FGOVF)
0.67 ? 0.0 (0.00%)
Volume: -
Bid Ask Day's Range
0.701 0.741 - - -
fgovf Detailed Quote

Freegold Ventures (FGOVF)
0.7538 ? -0.0142 (-1.85%)
Volume: 31,900 @ 1:48:14 PM ET
Bid Ask Day's Range
0.732 0.799 0.7538 - 0.8456
fgovf Detailed Quote

Freegold Ventures (FGOVF)
0.613 ? -0.0287 (-4.47%)
Volume: 8,832 @ 1:51:17 PM ET
Bid Ask Day's Range
0.582 0.614 0.583 - 0.613
fgovf Detailed Quote

Freegold Closes $5.3 Million Private Placement

Dec. 24, 2010 (Canada NewsWire Group) --

VANCOUVER, Dec. 24 /CNW/ - Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold" or the "Company") is pleased to announce that it has closed its non-brokered private placement of 11,514,213 ("Units"), at an offering price of $0.46 per Unit, to raise gross proceeds of $5,296,538. Each unit consisted of one common share (a "Share") and one common share purchase warrant (a 'Warrant"). Each Warrant entitles the holder to acquire an additional Share at a price of $0.55 per share until December 15, 2011 and thereafter at a price of $0.65 per share until December 15, 2012. Freegold received shareholder approval of the issuance of the Warrants and the common shares underlying the Warrants by obtaining written consent of a majority of disinterested shareholders as required by the policies of the TSX.

Under the private placement, current Insiders purchased 113,043 Units which, assuming exercise of the Warrants, would result in 226,086 shares being issued to such Insiders, representing 0.9% of the then outstanding shares of the Company. A cash finder's fee of 10% was paid on a portion of the placement to arm's length finders. All securities issued bear resale restrictions until April 23, 2011.

The Company has also accepted the resignation of Mr. Mark Feeney from its Board of Directors. The Company wishes to thank Mr. Feeney for his contributions and wishes him the best in his future endeavours.

About Freegold Ventures Limited

Freegold is a TSX listed company focused on the exploration of gold projects in Alaska. In addition to the Golden Summit Gold Project, the company holds a 100% in lease interest in the Rob Gold Project near the Pogo Gold Mine in the Goodpaster Mining District of Alaska and has an exploration agreement with option to lease the Vinasale Gold project in central Alaska.

This press release contains forward-looking information. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, anticipated future financing. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include uncertainties relating to the availability and timing of such financing and other factors. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

Freegold Ventures, Ltd. Ordin (FGOVF)
$ 0.53 ?0.00 (0.00%)
Volume: -

reegold Ventures, L (USOTC:FGOVD)
Last Price (USD) $-
Change ? - (-%)
Bid 0.267
Ask 0.303
Volume -
Days Range

Thanks Bob

Put in my new buy order!

mirox

Cleary Hill Gold Mine:
past production 281,000 average grade of 1.3 oz/t.
one of the highest grade U.S. gold producers -
closed when WWII started -
the Patriotic Miners put down the tools -
and all volunteered for the WWII

Freegold has also discovered new high-grade veins in surface
trenching at its Golden Summit project outside Fairbanks,
Alaska.
The Golden Summit property has historically produced over 7 million
ounces of gold, and is less than 5 miles from one of US large
gold mines -
The Fort Knox Gold Mine.
Freegold has commenced small-scale test mining / bulk sampling on these new veins and is continuing to delineate additional strike length through ongoing trenching programs.

Hi Yu Mine:
past production 110,000 ounces average grade 1.6 oz/t.

What a deal!

65 bagger when it returns to November 5, 2007 high

Below $.05

$.0435 close today 13 July 2010

What a deal!

65 bagger when it returns to November 5, 2007 high:

Nov 5, 2007 2.85 2.90 2.63 2.67 126,500 2.67

Think about it.

mirox

Freegold Ventures, L (USOTC:FGOVF)
Last Price (USD) $0.0656
Change ? 0.0059 (9.88%)
Bid 0.05
Ask 0.068
Volume 6,500
Days Range 0.0656 - 0.068
Last Trade 6/9/2010 12:28:50 PM
Click for detailed quote page

mirox thanks, is it about the latest news or
something else you can tell us about?

http://ih.advfn.com/p.php?pid=nmona&article=41890060&symbol=NB^FGOVF

Tia
God Bless

FGOVF Moving

Better recently

Looking for all time high

mirox

Freegold Ventures (B (USBB:FGOVF)
Last Price (USD) $0.1066
Change ? -0.0078 (-6.82%)
Bid 0.095
Ask 0.12
Volume 10,500
Days Range 0.095 - 0.1066
Last Trade 4/27/2010 3:34:03 PM
Click for detailed quote page

Freegold Up $.025

. . . to $.14

almost 22% rise

mirox

Freegold Ventures Lt (USBB:FGOVF)
Last Price (USD) $0.0888
Change ? -0.005 (-5.33%)
Bid 0.07
Ask 0.096
Volume 11,500
Days Range 0.079 - 0.096
Last Trade 3/18/2010 12:45:49 PM
Click for detailed quote page

FREEGOLD WILL MAKE A BIG DISCOVERY SOONER OR LATER UP IN ALASKA WHERE EVERYTHING IS BIG! I LOVE THE POTENTIAL WITH THIS COMPANY. THERS ALOT OF GOLD UP THERE AND THEY WILL MAKE A BIG STRIKE ONE DAY! IM HOLDING HERE FOR PAYDIRT. GO FREEGOLD !!!!!!!

Freegold Ventures (USBB:FGOVF)
Last Price (USD)
$ 0.097
Change
? 0.0022 (2.32%)
Bid 0.08
Ask 0.118
Volume 6,000
Day's Range 0.10 - 0.10
Last Trade 9:30:04 AM EST
Click for Detailed Quote Page

Freegold Ventures (USBB:FGOVF)
Last Price (USD)
$ 0.112
Change
◊ 0
Bid 0.111
Ask 0.13
Volume -
Day's Range - - -
Last Trade 7:59:59 AM EDT
Click for Detailed Quote Page

Freegold Ventures (USBB:FGOVF)
Last Price (USD)
$ 0.09
Change
▲ 0.005 (5.88%)
Bid 0.078
Ask 0.09
Volume 6,000
Day's Range 0.09 - 0.09
Last Trade 7:55:23 AM EDT
Click for Detailed Quote Page

Thanks I will look into t and is this one of your favorites?

Freegold Ventures Ltd (BB) (USBB:FGOVF)
Last Price (USD)
$ 0.12
Change
▼ -0.019 (-13.67%)
Bid 0.10
Ask 0.15
Volume 16,500
Day's Range 0.12 - 0.124
Click for Detailed Quote Page
Last Trade:16:01:02 EDT May-12-09