FREEMAN WELCOMES EXECUTIVE ORDER EMPOWERING DOMESTIC MINERAL PRODUCTION

About this update from Freeman Gold Corp.

[{"type":"text","content":"\n\n\n\n FREEMAN WELCOMES EXECUTIVE ORDER EMPOWERING DOMESTIC MINERAL PRODUCTION\n \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 Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n March 26, 2025\n \n\n /CNW/ - Freeman Gold Corp. (TSXV: FMAN) (OTCQB: FMANF) (FSE: 3WU) (\"\n \n Freeman\n \n \" or the \"\n \n Company\n \n \") welcomes President\n \n Donald Trump's\n \n\n Executive Order\n \n to fast-track and revitalize American mineral production (the \"\n \n Order\n \n \"). Among its provisions, the Executive Order empowers use of the Defense Production Act to elevate domestic production capabilities and provides for program guidance on financing tools for mining projects made available through the U.S. Export-Import Bank. The Company is evaluating the new programs that have been announced to determine the Lemhi Gold Project's potential eligibility.\n \n\n\n\n\n\n\n\n\n In addition to meeting national needs, the Lemhi Gold Project (the \"\n \n Project\n \n \") is designed to provide hundreds of jobs and stimulate the local economy in\n \n Idaho\n \n . As laid out in the 2023 Preliminary Economic Assessment (\"\n \n PEA\n \n \"), the Project is a high-grade, low-cost, open pit operation with an average annual production of 80,100 ounces (\"\n \n oz\n \n \") of gold (\"\n \n Au\n \n \") in the first eight years. The production strategy envisions a phased development with an increase in throughput during the fifth year of operation, with a flowsheet utilizing a carbon-in-leach (\"\n \n CIL\n \n \") processing facility. The objective of the study has been to maximize the value of the Project, while minimizing the footprint and environmental impact.\n \n See\n \n October 16, 2023\n \n news release\n \n .\n \n\n The Order defines critical minerals as those listed in 30 U.S.C. 1606(a)(3), as well as uranium, copper, potash, gold, and any other element, compound or material as determined by the Chair of the National Energy Dominance Council (NEDC). The Order is also designed to significantly accelerate permitting as well as expand and prioritiz...

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