Freegold Intersects 34.7 g/t Au over 20.9 metres at Golden Summit Project, Alaska

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[{"type":"text","content":"\n\n\n\n\n\nwww.freegoldventures.com\n\n\nVANCOUVER, May 9, 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. Drilling at\n Golden Summit was conducted with two rigs from mid-January through\n mid-April and has been primarily focused in the Dolphin and Cleary Hill\n Areas.  An updated NI43-101 compliant resource was completed on the\n Dolphin Zone in December of 2011 and the current drilling is aimed at\n expanding the current Dolphin resource 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\nThe following table summarizes the final geochemical results from the\n Cleary Hill area winter program and three additional holes from the\n Dolphin winter program.\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\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\nGSCL1214\n\n\n-55\n\n\n825\n\n\n233.5\n\n\n257\n\n\n23.5\n\n\n7.2\n\n\n0.52\n\n\n \n\n\n \n\n\n \n\n\n310\n\n\n335\n\n\n25\n\n\n7.6\n\n\n3.39\n\n\n \n\n\n \n\n\n \n\n\n470.5\n\n\n520.5\n\n\n50\n\n\n15.2\n\n\n0.72\n\n\n \n\n\n \n\n\n \n\n\n700\n\n\n825\n\n\n125\n\n\n38.1\n\n\n0.77\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\nGSCL1215\n\n\n-55 \n\n\n803\n\n\n470\n\n\n494\n\n\n24\n\n\n7.3\n\n\n0.36\n\n\n \n\n\n \n\n\n \n\n\n629.5\n\n\n803\n\n\n173.5\n\n\n52.9\n\n\n0.46\n\n\nincluding\n\n\n \n\n\n \n\n\n788\n\n\n793\n\n\n5\n\n\n1.5\n\n\n6.88\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\nGSDL1207\n\n\n-55 \n\n\n710\n\n\n645\n\n\n775\n\n\n130\n\n\n39.6\n\n\n1.88\n\n\nincluding\n\n\n \n\n\n \n\n\n705\n\n\n710\n\n\n5\n\n\n1.5\n\n\n27\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\nGSDL1208\n\n\n-55\n\n\n690\n\n\n376\n\n\n440\n\n\n64\n\n\n19.5\n...

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