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Fremont Gold Drills 25.9m @ 4.66 G/t Au at Gold Bar Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2018) - Fremont Gold Ltd. ( TSXV: FRE)...
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[{"type":"text","content":"Fremont Gold Drills 25.9m @ 4.66 G/t Au at Gold Bar Project, NevadaVancouver, British Columbia--(Newsfile Corp. - June 27, 2018) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF) (\"Fremont\" or the \"Company\") is pleased to announce that it has received all drill results for the previously announced drill program at the Gold Bar project in northern Nevada (see Fremont news releases dated May 9 and June 1, 2018). Two reverse-circulation drill holes were completed at Gold Bar, totalling 492 meters. Results include: 25.9m @ 4.66 g/t Au within a longer interval of 41.2m @ 3.08 g/t in hole GBR-1 and 6.1m @ 1.22 g/t Au in hole GBR-2. Significant mineralized intervals are tabulated in Table 1 and individual mineralized intercepts are included in Table 2.Results from the Gold Canyon drill program are expected during July. Dennis Moore, President and CEO of Fremont, stated, \"We are very encouraged by the recent drill results at Gold Bar. Hole GBR-1 was drilled within the area of the historical Millsite deposit to confirm the historical results and to define higher-grade zones within Millsite which could support additional stripping or underground extraction methods accessed through the historical pit. The average thickness of the historical Millsite deposit was around ten to eleven meters1 therefore we are excited by our recent 41-meter intercept. Going forward Fremont will conduct additional drilling in order to grow the historical resource of 147,000 ounces gold and shift the resource from an \"historical\" to current status. Additionally, we plan to test suspected mineralized zones north and southeast of the Gold Bar Pit.\"Table 1:Significant Length Weighted Gold Bar Drill ResultsHole IDFrom (m)To (m)Length (m)Au Grade (g/t)GBR-1179.83220.9841.153.08Including181.36207.2625.904.66GBR-2128.02134.116.091.22 Clay Newton, Vice President of Exploration of Fremont, states: \"The geometry of the Millsite deposit suggests that, like other Gold Bar District, Carlin-style deposits, it is structurally controlled by north-northwest and northeast faults which channel mineralizing fluids into favorable stratigraphic horizons. Hole GBR-1 has confirmed that higher grade gold mineralization occurs along these structures within the Millsite deposit.\"The locations of holes GBR-1 and GBR-2 are shown in the figure below with respect to ...