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Drilling Underway at Fremont's North Carlin Gold Project
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) -  Fremont Gold Ltd. (TS...
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[{"type":"text","content":"Drilling Underway at Fremont's North Carlin Gold ProjectVancouver, British Columbia--(Newsfile Corp. - January 13, 2021) -  Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) (\"Fremont\" or the \"Company\") is pleased to announce that the drill program at the North Carlin gold project (\"North Carlin\" or the \"Project\") has started. The Project is located at the northern end of Nevada's prolific Carlin Trend, one of the richest gold mining districts in the world (see Figure 1).Boart Longyear's drill rig in action at the Coyote claim block, North Carlin, looking north.To view an enhanced version of this image, please visit:https://orders.newsfilecorp.com/files/3169/71887_4c61a98434ae1a8a_002full.jpg\"We have developed a number of compelling drill targets in an underexplored area of the Carlin Trend,\" said Blaine Monaghan, CEO of Fremont. \"This is an excellent geological setting for the discovery of a major gold deposit.\"The Company has identified several high-priority drill targets at North Carlin based on soil geochemistry, gravity and magnetic surveys, and the projection of key faults that control gold mineralization in the Carlin Trend. The first drill hole, drill hole NR-1, has been sited at the intersection of the Dee Fault and the Coyote NE Fault on the edge of a large multi-element soil anomaly (see Figure 2). The target is a Carlin-type deposit in lower plate units. Figure 1: The Carlin TrendTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3169/71887_4c61a98434ae1a8a_003full.jpgNorth Carlin - Coyote and Rossi claim targets Coyote is located at the intersection of projected Carlin Trend faults and the Coyote NE Fault. Surface geology is upper-plate Ordovician Vining Formation, which is likely underlain by the Roberts Mountain thrust and lower plate Paleozoic carbonate rocks - common hosts of Carlin-type deposits. Figure 2: Coyote and Rossi claim block targetsTo view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/3169/71887_4c61a98434ae1a8a_004full.jpgFremont has identified broad areas of chalcedonic breccias and siliceous alteration on surface at Coyote, frequently associated with concealed gold mineralization in the Carlin Trend, and sampling has defined a large arsenic-in-soil anomaly. Arsenic is the most important pathfinder ...