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Freegold Expands Porphyry Targets at Shorty Creek
Freegold Expands Porphyry Targets at Shorty Creek Freegold Expands Porphyry Target...
About this update from Freegold Ventures Limited
[{"type":"text","content":"\n\n\n\nFreegold Expands Porphyry Targets at Shorty Creek\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nFreegold Expands Porphyry Targets at Shorty Creek\nCanada NewsWire\nVANCOUVER, Dec. 6, 2016\n\n\n\n\n\n\nHighlights of the 2016 Drill Program: \n\n\nTwo step-out holes, located 125 and 245 metres southwest of the Hill 1835 discovery hole SC 15-03* – (0.71% Cu equivalent over 91 metres) intersected significant Copper-Gold-Silver from near surface to a depth of at least 500 metres. \nDrilling on Hill 1710 located 2.5 kilometres to the northwest of Hill 1835 intersected copper-molybdenum mineralization over substantial widths in four holes. \nSeveral target areas identified by ground geophysics and geochemical sampling expand the alteration/mineralization footprint to an area of approximately 10 kilometres in diameter.\n\n\n\nVANCOUVER, Dec. 6, 2016 /CNW/ - Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) (\"Freegold) is pleased to provide final assays from its successful summer 2016 drilling program at its Shorty Creek Project, (\"Shorty Creek\"), located approximately 125 kilometres by paved road north west of Fairbanks, Alaska. Seven holes (3,038 metres) were completed during the summer program, as well as additional ground geophysics and geochemical sampling. \n\nFreegold's first diamond drill program in 2015 discovered significant copper–gold mineralization after stepping out from the previous shallow reverse circulation drilling completed by Asarco in 1989-1990 and confirmed the copper mineralization extended to depth. The 2016 holes extended the copper mineralization intercepted in SC 15-03 by over 245 metres to the southwest and to depth. (PR: dated November 16th, 2015) Hole SC 16-01 located 125 metres southwest of SC 15-03 intersected 434.5 metres grading 0.57% copper equivalent**. Hole SC 16-02 a further 120 metres southwest of SC 16-01 intercepted 409.6 metres grading 0.41% copper equivalent***, with both holes ending in mineralization. (See Press Releases: September 8th, 2016, and October 26th, 2016)\n\nThe magnetic anomaly over Hill ...