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Freegold Provides 2013 Exploration Update

www.freegoldventures.com VANCOUVER , Sept. 23, 2013 /CNW/ - Freegold Ventures Limi...

articleFreegold Ventures LimitedSeptember 23, 20134/company/freegold-ventures-limited/news/freegold-provides-2013-exploration-update
Freegold Provides 2013 Exploration Update

About this update from Freegold Ventures Limited

[{"type":"text","content":"\n\n\nwww.freegoldventures.com\n\n\nVANCOUVER, Sept. 23, 2013 /CNW/ - Freegold Ventures Limited (TSX: FVL,\n Frankfurt: FR4N) (\"Freegold\") is pleased to provide an update on its 2013 exploration efforts to\n date. Over past 12 months Freegold has continued to make significant\n progress at Golden Summit.  To date 5,138 metres (16,850 feet) of\n drilling has been completed at Golden Summit in 2013. In June Freegold\n updated it's current resource to include 8 of holes  drilled during the\n Winter 2013 program. This limited drill program  (3,172 metres) (11,392\n feet) increased the indicated resource and inferred resource by 9 % in\n both categories. The primary purpose of the June update was to provide\n an oxide component to the current resource. The current Golden Summit\n resource using a 0.30 g/t cut off is 79,800,000 tonnes grading 0.66 g/t\n Au in the indicated category for contained ounces of 1,683,000 and\n 248,060,000 tonnes grading 0.61 g/t Au for contained ounces of\n 4,841,000. The oxide component using a 0.20 g/t cuff off is 25,026,200\n tonnes grading 0.55 g/t Au for contained ounces of 439,000 and\n 16,620,510 tonnes grading 0.47 g/t Au for contained ounces of 253,000.\n\n\nA further three holes for a total of 1,666,5 metres (5,468.5 feet) were\n drilled during July and August.  Drilling during this program was aimed\n at expanding and infilling the deposit to the north and south.  Hole\n GSDL 1311 drilled to the south was the first hole drilled during the\n summer program. It intersected 180 metres grading 1.13 g/t gold and averaged 0.82 gt/ over the entire\n 585.5 metres which is one of the best higher grade intercepts drilled on the project\n to date.  Holes GSDL1312 and 1313 were collared within the centre of\n the Dolphin Deposit and were aimed at testing the deposit to the north\n where limited drilling has been done and multi -ounce gold bearing\n veins crop out at surface. Again several significant higher-grade\n intervals were encountered with several of the intervals containing\n coarse gold.  Of particular significance were the 27.13 metres grading 3.0 g/t and 8.53 metres grading 7.49 g/t gold in hole 1312, and 27.79 metres grading 1.15 g/t gold over 21.79 metres\n and 26.82 metres grading 1.39 g/t in DL1313.\n\n\nTo the north of the currently defined Dolphin deposit...

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