Freegold (TSX: FVL OTCQX:FGVOF) is focused on exploring for copper and gold in Alaska.
At Golden Summit, an advanced-stage gold project near Fairbanks, a 2022 diamond drill program is underway. The 2022 program is a continuation of the 2021 program looking for deeper, higher-grade mineralization. Drilling continues to focus on further expanding and defining the higher-grade Cleary Vein System (CVS). The CVS is interpreted to be a broader zone of higher-grade mineralization which encompasses the down-dip extent of the higher-grade vein zones found within the historic Cleary, Colorado, Wackwitz, and Wyoming veins as well as their broader enveloping stockwork zones. The CVS which extends from west of the Cleary Hill Mine workings through to the Dolphin Intrusive. The program continues to successfully demonstrate the potential for more extensive and higher-grade gold mineralization on the project at depth. An updated resource estimate is planned for Q4.