Business
Freegold Intersects 1.08 g/t Gold over 115.1 metres Golden Summit Project, Alaska
VANCOUVER, April 18, 2012 /CNW/ - Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) (...

About this update from Freegold Ventures Limited
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, April 18, 2012 /CNW/ - Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) (\"Freegold\") is pleased to report the results from its ongoing drill program on\n the Golden Summit Project located near Fairbanks, Alaska. Drilling at\n Golden Summit has been underway with two rigs since mid January and has\n been primarily focused in the Dolphin and Cleary Hill Area.  An updated\n NI43-101 compliant resource was completed on the Dolphin Zone in\n December of 2011 and the current drilling is aimed at expanding the\n current Dolphin resource  (December 2011) which using a 0.35 g/t cutoff\n is 14,840,000 tonnes @ 0.66 g/t Au  - representing 316,000 ounces in\n the indicated category and 50,460,000 tonnes @ 0.61 g/t Au  -\n representing 991,000 ounces in the inferred category.\n\n\nA total of 3,856 metres were drilled in the Cleary Hill zone since\n January of which assays have been reported for 3,084 metres. This\n drilling is aimed at merging mineralization at the Cleary Hill Zone\n with the existing Dolphin Resource.\n\n\nHole Number\n\n\nHole Inclination\n\n\nDepth of Hole(ft)\n\n\nFrom(ft)\n\n\nTo(ft)\n\n\nInterval(ft)\n\n\nInterval(m)\n\n\nAug/t\n\n\nCleary Area\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nGSCL1208\n\n\n-55\n\n\n711\n\n\n98\n\n\n145.5\n\n\n47.5\n\n\n14.48\n\n\n1.11\n\n\nincluding\n\n\n \n\n\n \n\n\n129\n\n\n131\n\n\n2\n\n\n0.61\n\n\n13.60\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nGSCL1209\n\n\n-55\n\n\n938.5\n\n\n230.5\n\n\n499.5\n\n\n269\n\n\n81.99\n\n\n0.36\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nGSCL1210\n\n\n-55\n\n\n1074\n\n\n355\n\n\n677.5\n\n\n322.5\n\n\n98.30\n\n\n0.68\n\n\nincluding\n\n\n \n\n\n \n\n\n495.5\n\n\n536.5\n\n\n41\n\n\n12.50\n\n\n2.07\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nGSCL1211\n\n\n-55\n\n\n928\n\n\n714.5\n\n\n920.5\n\n\n206\n\n\n62.79\n\n\n0.89\n\n\nincluding\n\n\n \n\n\n \n\n\n863.5\n\n\n920.5\n\n\n57\n\n\n17.37\n\n\n1.07\n\n\nincluding\n\n\n \n\n\n \n\n\n875\n\n\n878\n\n\n3\n\n\n0.91\n\n\n12.60\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\...