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Fremont Selects Boart Longyear as Drill Contractor for North Carlin Gold Project; Drilling to Start First Week of January
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - Fremont Gold Ltd. (TSXV: FR...
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[{"type":"text","content":"Fremont Selects Boart Longyear as Drill Contractor for North Carlin Gold Project; Drilling to Start First Week of JanuaryVancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) (\"Fremont\" or the \"Company\") is pleased to announce that it has selected Boart Longyear, the world's leading provider of drilling services, drilling equipment and performance tooling for mining and drilling companies, as the drill contractor for the North Carlin gold project (\"North Carlin\" or the \"Project\"). Located at the northern end of Nevada's prolific Carlin Trend (see Figure 1), Fremont has permitted 14 drill sites at North Carlin and plans to drill a minimum of three holes, totaling 1,500 metres, in a reverse circulation drill program. The fully funded drill program is expected to begin the first week of January.Figure 1: The Carlin TrendTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3169/69637_cdbb0b7b24fed96a_002full.jpg\"With drill permits in hand and a drill contractor selected, we are excited to launch the first ever drill program at North Carlin,\" said Blaine Monaghan, CEO of Fremont. \"Located at the northern end of the Nevada's prolific Carlin Trend, the Project is situated in the right geological setting for the discovery of a major gold deposit.\"North Carlin highlights:100% owned by Fremont, North Carlin is over 42 km2 in size and is comprised of three claim groups (Alkali, Coyote, and Rossi) located at the northern end of Nevada's prolific Carlin Trend. The Carlin Trend is one of the richest gold mining districts in the world having produced over 84 million ounces of gold since the early 1960s1; Nevada Gold Mines' Carlin Complex hosts 30 million ounces of gold in the measured and indicated category2.North Carlin is approximately 6 km north of and on-strike of Nevada Gold Mines/Premier Gold Mines' South Arturo mine, where recent drilling intersected 39.6 metres of 17.11 g/t gold3, and 12 km northwest of Nevada Gold Mines' Goldstrike mine, which hosts 11.1 million ounces gold in the measured and indicated category2. The western edge of the Project is approximately 6 km east of Hecla Mining Company's Hollister mine.Situated in a strategic geological setting for the discovery of a major gold deposit, Fremont has identifi...