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Project: | Godl Bar | |
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Deposit: | Godl Bar | |
Location: | United States | |
Commodities: | Gold | |
Date: | 6/27/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 27-6-2018: Fremont Gold Ltd. announces an Exploration/Drilling Update report for its Godl Bar deposit at the Godl Bar project. Drilling results incl. 41.15m @ 3.08g/t Au from 179.83m. Vancouver, British Columbia--(Newsfile Corp. - June 27, 2018) - Fremont | |
Resources: | x | |
CP/QP: | [Overall Report]: Clay Newton (Not stated) | |
ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - June 27, 2018) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) ("Fremont" or the "Company") is pleased to announce that it has received all drill results for the previously announced drill program at the Gold Bar project in northern Nevada (see Fremont news releases dated May 9 and June 1, 2018). Two reverse-circulation drill holes were completed at Gold Bar, totalling 492 meters. Results include: 25.9m @ 4.66 g/t Au within a longer interval of 41.2m @ 3.08 g/t in hole GBR-1 and 6.1m @ 1.22 g/t Au in hole GBR-2. Significant mineralized intervals are tabulated in Table 1 and individual mineralized intercepts are included in Table 2. Results from the Gold Canyon drill program are expected during July. Dennis Moore, President and CEO of Fremont, stated, "We are very encouraged by the recent drill results at Gold Bar. Hole GBR-1 was drilled within the area of the historical Millsite deposit to confirm the historical results and to define higher-grade zones within Millsite which could support additional stripping or underground extraction methods accessed through the historical pit. The average thickness of the historical Millsite deposit was around ten to eleven meters 1 therefore we are excited by our recent 41-meter intercept. Going forward Fremont will conduct additional drilling in order to grow the historical resource of 147,000 ounces gold and shift the resource from an "historical" to current status. Additionally, we plan to test suspected mineralized zones north and southeast of the Gold Bar Pit." | |
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