Freegold Announces Positive Metallurgical Test Results, Golden Summit Project, Alaska

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[{"type":"text","content":"\n\nwww.freegoldventures.com\n\n\n\nVANCOUVER, June 27, 2014 /CNW/ - Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) (\"Freegold\") is pleased to report the results of a comprehensive metallurgical test program from its flagship Golden Summit Project located near Fairbanks, Alaska.  Located a 30 minute drive from Fairbanks with road, industrial scale power and an experienced workforce already in place the Golden Summit project represents and excellent low risk development opportunity for Freegold.\n\nThe technical data generated from the metallurgical test work program provides adequate data for Freegold to examine both the potential for a stand-alone valley heap leach operation on all material (oxide and sulphide) as well as to investigate a higher recovery milling operation.\n\nA series of composite samples from the various areas from the Dolphin/Cleary Resource area were submitted to SGS Canada Inc. in Burnaby, British Columbia.  A total of 279 samples of drill core assay rejects which represented the different areas of the resource were composited to form 5 sample types: oxide, transition, hornfels-sulphide, intrusive-sulphide and schist-sulphide.  The grade characteristics of the composite samples are shown in the table below:\n\n\n\n\nCOMPOSITE\n\n\nAu g/t\n\n\nAgg/t\n\n\nC %\n\n\nS %\n\n\n\nOxide\n\n\n0.85\n\n\n6.6\n\n\n0.07\n\n\n0.15\n\n\n\nTransition\n\n\n0.55\n\n\n6.4\n\n\n0.34\n\n\n1.73\n\n\n\nIntrusive\n\n\n1.03\n\n\n2.2\n\n\n0.50\n\n\n1.24\n\n\n\nHornfels\n\n\n0.65\n\n\n0.8\n\n\n0.48\n\n\n1.14\n\n\n\nSchist\n\n\n0.86\n\n\n1.5\n\n\n1.20\n\n\n1.57\n\nOverall gold recoveries from standard 48 hour bottle roll tests and 120 hour intermittent agitation leach tests from the as-received material (F80 850 – 1550 µm) were as follows: Oxide material averaged 88%, Transition material averaged 57%, Intrusive material averaged 56%, and Hornfels-Sulphide material averaged 45% .  Standard bottle roll testwork was carried out on a variety of grind sizes however recoveries did not increase substantially with finer grinds, with the exception of the transition material which showed recoveries of greater than 70% are achievable at a 75 micron grind size. \n\nIn addition a series of tests which included a variety of methods were completed: direct CIL (carbon-in-leach), Pressure Oxidation (POX) &#x201...

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