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Fremont Completes Three Holes at Past Producing Griffon Gold Project and Submits Samples for Rush Analysis
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2020) - Fremont Gold Ltd. (TSXV: ...
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[{"type":"text","content":"Fremont Completes Three Holes at Past Producing Griffon Gold Project and Submits Samples for Rush AnalysisVancouver, British Columbia--(Newsfile Corp. - July 8, 2020) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) (\"Fremont\" or the \"Company\") is pleased to provide an update on the Phase 1 drill program underway at the past producing Griffon gold project (\"Griffon\"), located at the southern end of the Cortez Trend, Nevada (see Figure 1). The Cortez Trend is one of the most prolific gold trends in the world and is home to Nevada Gold Mines' Cortez Mine (963,000 ounces gold produced in 2019).Drillers completed three holes (see Figure 2), totaling 615 metres, at Griffon before they took a break for the July 4th holiday. Fremont has submitted samples from the first three drill holes for rush analysis and expects to report the results in approximately two weeks. Drillers are now back from their break and drilling resumed today. The remaining seven holes at Griffon should be completed by the end of July. The 2,000-metre reverse circulation drill program is expected to consist of at least ten drill holes and will test a number of targets, including gold-in-soil anomalies, an area of unmined mineralization to the southwest of the Hammer Ridge pit, permissive stratigraphic targets, and the Blackrock fault. A description of the first three drill holes completed at Griffon can be found below:Drill hole GF-20-1: A vertical drill hole drilled to a depth of 165 metres. Located 50 metres north of the Discovery Pit, between the pit and a historic drill hole that encountered gold mineralization.Drill hole GF-20-2: A 45-degree angle drill hole drilled to the northeast and to a depth of 170 metres. Located beneath gold in soil and rock chip anomalies and where gold mineralization was encountered in historic drilling.Drill hole GF-20-3: A vertical drill hole drilled to a depth of 280 metres. Located in the area of unmined mineralization southwest of the Hammer Ridge Pit. The site is set midway between two historic drill holes that returned broad gold intercepts in the Joana Limestone. \"This is the first drill program to be conducted at the past producing Griffon since the 1990s,\" said Blaine Monaghan, CEO of Fremont. \"Further, most of the historic drill holes were concentrated around the two pit areas and did not e...