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Fremont Announces Soil Geochemistry Results from Urasar Mineral District, Armenia

Vancouver, British Columbia--(Newsfile Corp. - February 5, 2024) - Fremont Gold Ltd. (TSXV: FRE) ...

articleHayasa Metals Inc.February 5, 20245/company/hayasa-metals-inc/news/fremont-announces-soil-geochemistry-results-from-urasar-mineral-district-armenia
Fremont Announces Soil Geochemistry Results from Urasar Mineral District, Armenia

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[{"type":"text","content":"Fremont Announces Soil Geochemistry Results from Urasar Mineral District, ArmeniaVancouver, British Columbia--(Newsfile Corp. - February 5, 2024) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR20) (\"Fremont\" or the \"Company\") is pleased to announce the results of the geochemical soil sample survey undertaken at its Urasar property in northern Armenia.Urasar geochemical soil sample resultsThe Company collected a total of 744 C-horizon soil samples across the Urasar Mineral District in November and December 2023. Urasar was last worked by Soviet government teams in the 1950s and 1960s, resulting in the identification of three mineralized zones and four geochemically anomalous zones along a 14 km strike length. Gold fire assay and multi-element geochemical results from Fremont's recent soil sampling survey display continuous gold-copper/base metal anomalies hosted in an east-west structure 1.2km wide over a 15 km strike length, as shown in the figures presented below. Gold values ranged up to 449 ppb with a mean of 142 ppb. Gold in C-horizon soil samples at UrasarTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3169/196825_c4a064dec4ae0ad0_002full.jpgCopper soil geochemistry at UrasarTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3169/196825_c4a064dec4ae0ad0_003full.jpgThe copper anomalies generally mimic the gold anomalies but display a tighter distribution comprising three distinct populations, consistent with the earlier Soviet work. A continuous, robust copper anomaly greater than 5 km in length is evident in the western portion of the project area, congruent with the largest and strongest gold anomaly. At the far eastern end of the license, the gold geochemistry is comparatively weak while the copper anomaly is quite coherent and robust. Copper values ranged up to 497ppm with a mean of 233 ppm.Arsenic Soil Geochemistry at UrasarTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3169/196825_c4a064dec4ae0ad0_004full.jpgAnomalous arsenic soil geochemistry generally reflects the same distribution as the gold geochemistry but is well developed on the eastern end of the 5-km long Cu-Au anomaly in the western part of the project. Initial spatial analysis of the anomalies suggests a c...

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