Freegold Updates Drilling at Golden Summit, Alaska

About this update from Freegold Ventures Limited

[{"type":"text","content":"\n\n\n Jul. 26, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, July 26, 2011 /CNW/ - Freegold Ventures Limited (TSX: FVL,\n Frankfurt: FR4N)("Freegold" or the "Company") is pleased to provide assays from an additional 6\n holes drilled in the 2011 program as well as the results from the\n previously unassayed core from the 2004 program on its Golden Summit\n Property, Alaska.\n\n\nA total 27 holes were completed as part of the Phase 1 drill program at\n Golden Summit for a total of 6,166 metres. Drilling in the 2011 program\n was designed to both upgrade the resource category as well as expand\n the known resource.  The Dolphin Zone is located at the western edge of\n the 8 km long property, and covers a 400 metre by 400 metre area.\n\n\nUsing a 0.3 g/t cutoff, the current NI 43-101 compliant resource on the\n Dolphin Zone completed earlier this year is:\n\n\nTotal indicated resource is 7,790,000 mt @ 0.695 gpt for a total of 174,000 contained gold\n ounces.  \nTotal inferred resource is 27,010,000 mt @ 0.606 gpt for a total of 526,000 contained gold\n ounces. \n\n\nHoles GSDC 11-33 through 11-38 were drilled in a north south fence east\n of the current resource in an effort to expand the resource to the\n east. These represent holes 7 - 12 of the 2011 drill program. (see map\n for hole locations). Drilling confirmed the presence of above cut off\n grade mineralization. Assays for holes 11-35, 37 and 38 are still\n pending. Holes 11-33,...

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