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Freegold Announces 43-101 Resource Estimate for Vinasale Project, Alaska
Mar. 31, 2011 (Canada NewsWire Group) -- www.freegoldventures.com VANCOUVER, March 31 /CN...
About this update from Freegold Ventures Limited
[{"type":"text","content":"\n\n\n Mar. 31, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nwww.freegoldventures.com\n\n\nVANCOUVER, March 31 /CNW/ - Freegold Ventures Limited (TSX: FVL,\n Frankfurt: FR4N)("Freegold") is pleased to report the results of a NI43-101 compliant Mineral\n Resource estimate recently completed on the Vinasale Gold Project\n located in southwest Alaska on which Freegold entered into an\n Exploration Agreement with an Option to Lease the Vinasale Project from\n Doyon Limited, an Alaskan Native Regional Corporation, in 2007. The\n resource estimate was completed by Giroux Consultants Ltd. of\n Vancouver, BC. Canada.  Inferred resources are 37.3 million tonnes\n averaging 1.11 g/t Au for 1,331,000 ounces of gold utilizing a cutoff\n value of 0.5 grams/tonne (g/t) as a possible open pit cutoff.\n\n\nA total of 72 drill holes containing 8,711 gold assays have been\n completed on the project within three areas: the Central, Northeast and\n South Zones. The highest density of drilling has been completed in the\n Central Zone where 29 drill holes totaling 6,902 metres were used in\n estimating the resource for the Central Zone. Gold assays were capped\n at 22.0 -grams/tonne gold.  Composites, 5 metres in length, were used\n to model the grade continuity using semivariograms.  Blocks measuring\n 10 by 10 by 5 metres were populated using Ordinary Kriging.\n\n\n\n\n\n\n\nVINASALE INFERRED RESOURCE\n\n\n\n\nAu Cut-off\n\n\nTonnes\n\n\n \n\n\n\n\n(g/t)\n\n\n(tonn...