Freegold Intersects 30.6 metres grading 0.96 g/t in Resource Expansion Drilling Golden Summit Project, Alaska

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[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, May 21, 2013 /CNW/ - Freegold Ventures Limited (TSX: FVL,\n Frankfurt: FR4N) (\"Freegold\") is pleased to report results from remaining five (5) holes of the\n 2013 Dolphin/Cleary winter drill program. A total of 10 holes were\n drilled for a total of 11,392 feet (3,472 metres) during the 2013\n winter program. The results of these holes will be incorporated in an\n updated NI 43-101 resource estimate. (See hole location map: www.freegoldventures/i/maps/GSPR05212013.pdf).\n\n\nHole GSDL 13-06 is the southern most hole drilled in a north-south fence\n of 6 holes which were drilled approximately 80 metres east of the\n previous resource drilling. All 6 of the holes in this fence\n intersected mineralization and the deposit remains open to the east and\n south in this area.\n\nHoles GSDL 13-07 - though GSDC 13-09 were drilled approximately 60\n metres to the north of GSDL 12-01, which intersected 1.19 g/t over 132.7 metres and 60 metres south of hole GSDL 12-26. Hole GSDL12-26 was an angle\n hole drilled to the north to a depth of 700 feet and intersected\n several zones of higher-grade material including 19.7 metres grading 1.91 g/t Au, and 7.0 metres grading 1.69 g/t Au. Holes DSDL 13-07 was lost in bad ground at 232 feet, well short of\n intended termination depth. Hole GSDL 13-08 was a wedge from the 127\n foot mark of hole 13-07 however it too was lost in bad ground at 161\n feet depth. The 39 feet of core from 127 to 161 returned 0.48 g/t\n gold.  The encouraging results from the upper part of hole GSDL 13-08\n and hole GSDL 13-09 continue to affirm the potential for higher-grade\n mineralization to the north.\n\nHole GSDC 13-10 was an angle hole drilled to the north and was drilled\n approximately 50 metres northwest of hole GSDL 12-14 which intersected 13.3 metres grading 1.08 g/t. Results of the current drilling again shows the potential for both\n expansion and near surface higher grade material to the north.\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\nIntervalm)\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\nGSDL1306\n\n\n-90\n\n\n1597\n\n\n118.5\n\n\n252\n\n\n133.5\n\n\n40.7\n\n\n0.4\n\n\n \n\n\n \n\n\n \n\n\n632\n\n\n809\...

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