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Freeman Gold Intersects Shallow High-Grade Oxide Gold Mineralization at Lemhi: 14 g/t Au Over 10 Metres, 3.4 g/t Au Over 51.6 Metres, and 1.1 g/t Au Over 189.1 Metres
SALMON, Idaho, Jan. 12, 2021 /CNW/ - Freeman Gold Corp. (CSE: FMAN) (FSE: 3WU) ("Freeman", "Freeman Gold" or the "Company") is pleased to provide assay results
About this update from Freeman Gold Corp.
[{"type":"text","content":" SALMON, Idaho, Jan. 12, 2021 /CNW/ - Freeman Gold Corp. (CSE: FMAN) (FSE: 3WU) (\"Freeman\", \"Freeman Gold\" or the \"Company\") is pleased to provide assay results of core from four of 34 diamond drill holes on Freeman Gold's 100% owned Lemhi Gold Project located in Idaho. The objective of the 2020 Phase 1 drill program was designed to confirm historical mineralization and allow the use of over 355 historical drill holes in a maiden National Instrument 43-101 compliant resource estimate. The drill program focused on infill and step-out drilling within the known mineralized body to increase confidence and maximize the potential resource. All four holes intersected high-grade shallow oxide gold. Selected highlighted results from these first holes are 3.3 g/t Au over 25m, including 5.4 g/t Au over 7m (FG20-001C); 3.4 g/t Au over 51.6m, including 14 g/t Au over 10m (FG20-002C); 3.2 g/t Au over 14.6m (FG20-003C); and 1.8 g/t Au over 92m, including 8.7 g/t Au over 7.7m and 15.1 g/t Au over 4.3m (FG20-006C). Gold mineralization extends to at least 200 meters and is open at depth. Of note, the high-grade zones lie within broader lower grade mineralized envelopes, such as 1.1 g/t over 189.1 metres (FG20-006C; Table 1). Drill holes reported in this press release cover an area of 150 by 50 metres of the Lemhi deposit. Table 1 – Significant Drill Results Drill HoleID Azimuth, Dip (degrees) Total Depth (m) Depth (m) Interval (m) Average Grade (g/t Au) From To FG20-001C 278 -75 247 28.0 53.0 25.0 3.3 including 32.0 41.0 9.0 4.0 and incl. 46.0 53.0 7.0 5.4 FG20-002C 360 -90 242 6.4 58.0 51.6 3.4 incl 47.0 57.0 10.0 14.0 FG20-003C 360 -90 185 40.0 96.0 56.0 1.2 incl 81.4 96.0 14.6 3.2 FG20-006C 267 -75 213 12.9 202.1 189.1 1.1 incl 37.0 129.0 92.0 1.8 incl 81.5 89.2 7.7 8.7 incl 81.5 85.8 4.3 15.1 *Intervals are core-length. True width is estimated between 90-95 percent (\"%\") of core length. Will Randall, President and CEO, commented, \"These initial results clearly demonstrate the high-grade nature of the Lemhi gold project, including project enhancing thick shallow high-grade oxide gold zones. This is a great start to the drill campaign confirming historically defined mineralization...