Freegold Intersects 1.19 g/t Gold over 132.7 metres Golden Summit Project, Alaska

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[{"type":"text","content":"\n\n\n\n\n\nwww.freegoldventures.com\n\n\nVANCOUVER, April 1, 2012 /CNW/ - Freegold Ventures Limited (TSX: FVL,\n Frankfurt: FR4N) (\"Freegold\") is pleased to report the results from its ongoing drill program on\n the Golden Summit Project located near Fairbanks, Alaska where drilling\n is presently underway  with two core rigs in the Dolphin deposit area.\n\n\nHole GSDL12-01 is the first hole of the 2012 program in the Dolphin Zone and returned 314.1 metres averaging 0.69 g/t Au. It is a 60 metre step out to the north of hole GSDC 11-43 which\n intersected 200.3 metres of 0.85 g/t Au.    The results of hole DL\n 12-01 also confirm that the mineralization remains open at depth and to\n the west and south.  Additional drilling is planned to expand on the\n mineralization encountered in hole GSDL12-01.\n\n\nSignificant results from GSDL12-01 are reported below:\n\n\n\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\nAu g/t\n\n\nDolphin Area\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nGSDL 12-01\n\n\n-55\n\n\n1058.5\n\n\n28\n\n\n1058.5\n\n\n1030.5\n\n\n314.1\n\n\n0.69\n\n\n \n\n\n \n\n\n \n\n\n28\n\n\n464\n\n\n436\n\n\n132.9\n\n\n0.27\n\n\nincluding\n\n\n \n\n\n \n\n\n464\n\n\n1058.5\n\n\n594.5\n\n\n181.2\n\n\n0.99\n\n\n\"\n\n\n \n\n\n \n\n\n623\n\n\n1058.5\n\n\n435.5\n\n\n132.7\n\n\n1.19\n\n\nincluding\n\n\n \n\n\n \n\n\n732\n\n\n738.5\n\n\n6.5\n\n\n1.98\n\n\n11.40\n\n\nand\n\n\n \n\n\n \n\n\n896\n\n\n1020\n\n\n124\n\n\n37.8\n\n\n1.67\n\n\nWidth refers to drill hole intercepts, true widths can not be determined\n due to uncertain geometry of mineralization. All assays reported are\n uncut.\n\n\nSignificant mineralization in hole GSDL12-01 is associated with numerous\n faults and shear zones containing variable amounts of quartz - sulfide\n veining. Host rocks include quartz mica schist, quartz biotite schist\n and hornfels. Visible gold was noted in core from this hole. Sulfide\n content was generally below 5% but ranged up to 50% in some massive\n sulfide veins. The dominant sulfide minerals include pyrite and\n arsenopyrite with lesser jamesonite and sphalerite.\n\n\nCurrent drilling in the Dolphin area is aimed at expandin...

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