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Freegold Provides Exploration Update

Freegold Provides Exploration Update Canada NewsWire VANCOUVER, Oct. 30, 2018 ...

articleFreegold Ventures LimitedOctober 30, 20183/company/freegold-ventures-limited/news/freegold-provides-exploration-update
Freegold Provides Exploration Update

About this update from Freegold Ventures Limited

[{"type":"text","content":"\n\n\n\nFreegold Provides Exploration Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 30, 2018\n\n\n\nVANCOUVER, Oct. 30, 2018 /CNW/ - Freegold Ventures Limited (TSX:FVL Frankfurt: FR4N) (\"Freegold\") is pleased to provide an update on its exploration activities.  Freegold continues to actively explore in Alaska holding both the Shorty Creek and Golden Summit Projects.  Shorty Creek is a copper – gold porphyry target on which Freegold intersected 91.4 metres grading 0.55% copper during its initial drill campaign in 2015. Subsequent drilling in 2016 and 2017 intersected broad zones of copper mineralization. Highlights include 434.5 metres grading 0.36% copper, 0.12 g/t gold, 7.46 g/t silver in hole 16-01, and 409.6 metres grading 0.29% copper, 0.06 g/t Au, and 5.66 g/t silver in Hole 16-02.  A follow-up program in 2017 continued to expand upon these broad zones of copper mineralization.  Highlights from 2017 include 360 metres grading 0.24% copper, 0.07 g/t gold, and 4.04 g/t silver, in hole 17-01, and 408 metres grading 0.27% copper, and 0.05 gt/ gold and 4.97 g/t silver in hole 17-02. In addition to the copper mineralization at Hill 1835 significant tungsten mineralization has also been intersected, significant intercepts include 207 metres grading 0.045% W03 in hole 16-01, 0.03% W03 over 409.6 metres in hole 16-02, and 0.06% W03 over 87 metres in hole 17-01, and 0.06% W03 over 339 metres in hole 17-02. \nThe Shorty Creek project area hosts a cluster of magnetic anomalies commonly seen in porphyry districts.  Hill 1835 is only one of the potentially significant areas identified to date. The mineralized area at Hill 1835 extends over a 600 metres x 300 metre area and remains open.  The 2016 program also tested a broad magnetic anomaly with coincident geochemistry at Hill 1710, an area located 2.0 km north of Hill 1835, with 4 holes spaced on average 400 metres apart. The holes intersected copper mineralization with the copper grades increasing as drilling moved to the northeast. Only 1.6...

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