• GS2502
4.28 g/t Au over 28.7m4.20 g/t Au over 9m
• GS2505
2.31 g/t Au over 65.4m
2025 PROGRAM
Drilling is underway with 4 rigsConversion of inferred assets into indicated & additional exploration drilling and geotechnical drilling.5TH Rig to start drilling mid-September29 holes (18,361m) accomplished up to now:Ongoing metallurgical work, specializing in flowsheet optionality with sulphide oxidation is a key a part of our technique to maximise the potential of the useful resource.Graduation of a Pre-Feasibility Examine (PFS)
29 holes (18,361m) have been accomplished, and 4 drill holes are in progress. Two large-diameter core holes (PQ) had been drilled for additional metallurgical testing. Geotechnical drilling, together with geochemical and metallurgical testing, is being carried out to boost processing strategies.
In preparation for the upcoming deliberate pre-feasibility examine, different web site actions embrace:
Putting in vibrating wire piezometers (VWPs) to observe groundwater ranges and gradients in drill holes.Accumulating floor water samples.Planning mammal and habitat surveys to determine baseline information.Performing cultural useful resource research, together with paleontological assessments, for assessment by the State Historic Preservation Workplace (SHPO) and federal companies, with mitigation plans developed as obligatory.Mapping and evaluating wetlands to create and mitigation plan if obligatory.Persevering with geological mapping and figuring out further exploration targets for additional refinement.
Metallurgical testing is presently underway at BaseMet Labs in Kamloops, BC. A brand new grasp composite, consisting of over 1,500 kg of fabric sourced from 12 drill holes, has been ready.
The principle targets of the 2025 program utilizing this new grasp composite are as follows:
Confirming the metallurgical response of the Golden Summit useful resource through the use of a pattern that includes a bigger spatial and volumetric illustration of fabric.
Start optimizing the important thing financial drivers of the method flowsheet design, which incorporates:
Figuring out the optimum major grinding measurement and evaluating gravity and flotation recoveries.Enhancing the cleaner flotation focus grade and restoration.Producing a ample amount of sulfide focus to conduct optimisation of oxidation assessments utilizing three commercially accessible processes which have confirmed efficient for Golden Summit materials. These processes are:Strain Oxidation – POX CIL TESTWORK TO DATE OVER 92percentBiox – BIOX CIL TESTWORK TO DATE OVER 91percentAlbion – ALBION PROCESS™ OXIDATION-CIL OVER 93percentFurther investigating and characterizing the environmental impression of flowsheet merchandise and tailings.
Two holes from the 2025 drill program, designated as PQ core GS2507 and GS2512, have been acquired at BaseMet and can be built-in into the continuing PQ core take a look at program as soon as assays are acquired. This program goals to guage the comminution parameters of the Golden Summit deposit throughout numerous lithologies, alteration, and places.
Wow Zone – GS2502 and GS2505
Infill drilling throughout the WOW Zone is ongoing and continues to verify the presence of higher-grade materials on this promising space. Gap GS2502 was drilled to the northwest and intersected 4.28 g/t Au over 28.7m, from a depth of 44.2m, with a further 4.20 g/t Au over 9m from a depth of 305.9 meters. Gap GS2505 drilled to the north and collared 150m southeast of GS2502 returned 2.31 g/t Au over 65.4m from 424.4m.
Gap
Depth
Dip
Azimuth
From
To
Interval
Au
Quantity
(m)
(m)
(m)
g/t
GS2502
597.7
-50
320
44.2
72.9
28.7
4.28
incl
61
61.9
0.9
20.71
incl
61.9
63.2
1.3
46.21
305.9
315
9.1
4.20
incl
310.7
311.8
1.1
29.02
337.3
355.4
18.1
0.77
GS2505
717
-45
360
36.1
45.8
9.7
0.94
67.5
72
4.5
1.08
178.4
183.6
5.2
1.42
356.7
364.1
7.4
1.14
424.4
489.8
65.4
2.31
incl
451.4
454.5
3.1
18.7
698
713.7
15.7
0.89
The width refers to drill gap intercepts; true width can’t be decided because of the unsure geometry of mineralization.
Cleary Hill Space – Holes GS2501 and GS2503
GS2501 – situated within the Cleary Hill Space, was drilled to the north and was meant to assist outline the northern limits of the deposit within the Cleary space. Gap GS2503 was drilled 250m to the southeast of GS2501 and served as an infill gap. It intersected 0.93g/t Au over 77.6m from floor and several other higher-grade zones, together with 1.36 g/t Au over 36.6m from a depth of 425.8m. A high-grade intercept of 62.3 g/t Au over 2.7m was additionally returned from 508.1 – 510.8m.
Gap
Depth
Dip
Azimuth
From
To
Interval
Au
Quantity
(m)
(m)
(m)
g/t
GS2501
518.8
-70
360
175.9
224.6
48.7
0.75
252.1
267.3
15.2
0.66
GS2503
602
-75
360
19
96.6
77.6
0.93
203.3
221.2
17.9
2.33
310
322.2
12.2
1.35
386.2
401.4
15.2
0.90
425.8
462.4
36.6
1.36
508.1
510.8
2.7
62.3
520.3
523.3
3
11.84
The width refers to drill gap intercepts; true width can’t be decided because of the unsure geometry of mineralization.
Dolphin Space – GS2504
GS2504 was drilled on the northeastern flank of the Dolphin Zone, additional infilling this space and offering further affirmation of broader zones of upper grade by means of infill drilling. A high-grade intercept of 81.45 g/t Au over 0.6m was additionally intercepted at 100.3m, and a wider zone of 1.41 g/t over 119m was additionally intercepted from a depth of 264m.
Gap
Depth
Dip
Azimuth
From
To
Interval
Au
Quantity
(m)
(m)
(m)
g/t
GS2504
592.7
-75
360
12.2
25.6
7.3
0.96
100.3
100.9
0.6
81.45
206.7
236.5
29.8
0.61
264
383.1
119.1
1.41
incl
379.8
381
2.1
24.33
The width refers to drill gap intercepts; true width can’t be decided because of the unsure geometry of mineralization
Hyperlinks to the Plan and Part 479550E
https://freegoldventures.com/web site/belongings/recordsdata/6287/e479550.pdfhttps://freegoldventures.com/web site/belongings/recordsdata/6287/nr_planmap_2025_drilling_20250904.jpeg
HQ Core is logged, photographed and minimize in half utilizing a diamond noticed, and one-half positioned in sealed luggage for preparation and subsequent geochemical evaluation by MSA Laboratories in Fairbanks, Alaska. At MSALABS, the complete pattern can be dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle break up can be analyzed for gold utilizing CHRYSOS PhotonAssay™ (CPA-Au1). From this, 250g can be additional riffle break up from the unique PhotonAssay™ pattern, pulverized, and a 0.25g sub-sample analysed for multi-element geochemistry utilizing MSA’s IMS230 package deal, which incorporates 4-acid digestion and ICP-MS end. MSALABS operates below ISO/IEC 17025 and ISO 9001 licensed high quality techniques. A QA/QC program consists of laboratory and discipline requirements inserted each ten samples. Blanks are inserted in the beginning of the submittal, and a minimum of one clean each 25 requirements.
The Certified Individual for this launch is Alvin Jackson, P.Geo., Vice President of Exploration and Growth for Freegold, who has accredited the scientific and technical disclosure on this information launch.
About Freegold Ventures LimitedFreegold is a TSX-listed firm centered on exploration in Alaska.
Some statements on this information launch comprise forward-looking data, together with, with out limitation, statements as to deliberate expenditures and exploration applications, potential mineralization and assets, exploration outcomes, the completion of an up to date NI 43-101 technical report, and another future plans. These statements deal with future occasions and circumstances and, as such, contain recognized and unknown dangers, uncertainties, and different components which can trigger the precise outcomes, efficiency, or achievements to be materially totally different from any future outcomes, efficiency, or achievements expressed or implied by the statements. Such components embrace, with out limitation, the completion of deliberate expenditures, the power to finish exploration applications on schedule, and the success of exploration applications. See Freegold’s Annual Data Type for the 12 months ended December thirty first, 2024, filed below Freegold’s profile at www.sedar.com, for an in depth dialogue of the chance components related to Freegold’s operations. On January 30, 2020, the World Well being Group declared the COVID-19 outbreak a world well being emergency. Reactions to the unfold of COVID-19 proceed to result in, amongst different issues, vital restrictions on journey, enterprise closures, quarantines, and a basic discount in financial exercise. Whereas these results have been diminished in current months, the continuation and re-introduction of great restrictions, enterprise disruptions, and associated monetary impression, and the period of any such disruptions can’t be fairly estimated. The dangers to Freegold of such public well being crises additionally embrace worker well being and security dangers and a slowdown or non permanent suspension of operations in geographic places impacted by an outbreak. Such public well being crises, in addition to world geopolitical crises, can lead to volatility and disruptions within the provide and demand for numerous services and products, world provide chains, and monetary markets, in addition to declining commerce and market sentiment and diminished mobility of individuals, all of which may have an effect on rates of interest, credit score scores, credit score threat, and inflation. On account of the COVID-19 outbreak, Freegold has carried out a COVID administration program and established a full-service Camp at Golden Summit to aim to mitigate dangers to its staff, contractors, and neighborhood. Whereas the extent to which COVID-19 might impression Freegold is unsure, it’s attainable that COVID-19 might have a fabric hostile impact on Freegold’s enterprise, outcomes of operations, and monetary situation.
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