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Freegold Ventures Ltd.

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Summary

Project:

Shorty Creek

Deposit:Shorty Creek
Location:United States
Commodities:Copper-Silver-Gold-Cobalt-Tungsten
Date:1/16/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-1-2019: Freegold Ventures Ltd. announces an Exploration/Drilling Update report for its Shorty Creek deposit at the Shorty Creek project. Drilling results incl. 442.4m @ 0.22% Cu, 0.13g/t Au, 4.03g/t Ag, 0.02% WO3 from 92.0m. VANCOUVER: January 16th, 20
Resources:x
CP/QP:[Overall Report]: Alvin Jackson (Internal)
ABSTRACT:VANCOUVER: January 16th, 2019 Freegold Ventures Limited (Freegold) (FVL:TSX), is pleased to report results from holes SC 18-01 and SC 18-02 drilled during the 2018 program. A total of 1,166 metres were drilled in two holes within the magnetic high at Hill 1835. Both holes intersected consistent mineralization over broad widths. Located 120 km northwest of Fairbanks, the Shorty Creek project was identified as having significant porphyry potential by Freegold in late 2014. To date 12 widely spaced holes with average hole depths of 500 metres have been drilled at the Hill 1835 target, all of which intersected significant and consistent copper, gold, silver and tungsten mineralization over broad widths from base of oxide material (average ~ 90 metres). As a strategic mineral in high demand the tungsten grades at Shorty Creek are expected to be a significant by product with the tungsten occurring primarily in the form of wolframite and recoverable as a gravity product.

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