Freegold Ventures Limited · TSX:FVL
Freegold Ventures — Investor Presentation (2025)
24 slides from Freegold Ventures's investor presentation, 2025
Slide 1: Exploring One of the Largest Undeveloped Gold Resources in North America
EXPLORING ONE OF THE LARGEST UNDEVELOPED GOLD RESOURCES IN NORTH AMERICA TSX FVL OTCQX FGOVF Corporate Presentation: Fall 2025 1
Slide 2: Cautionary Disclaimer
Cautionary Disclaimer This presentation contains “forward-looking information” which may include, but is not limited to, statements with respect to future financial or operating performance of the Freegold Ventures Limited, (the “Corporation”) its subsidiaries and their respective projects, the pote
Slide 3: Exploring for Gold in Alaska – Capital Structure
EXPLORING FOR GOLD IN ALASKA Since the 2020 reinterpretation drilling began at Golden Summit: Capital Structure share price increased Over 3000% Ticker TSX: FVL OTCQX: FGOVF Share Price 1.60 Issued and Outstanding 528,434,250 Warrants 9,655,750 ($0.52) 24,691,650 ($1.30) Options 10,565,000 Fully Dil
Slide 4: Golden Summit
Golden Summit One of the largest undeveloped gold resources in north America Dolphin/Cleary Indicated 17.2 million ounces @ 1.24 g/t Au RESOURCE Inferred 11.9 million ounces @ 1.04 g/t Au July 2025 Resource using US $2,490 gold price Largely unexplored outside the resource Area INTRUSION RELATED GOL
Slide 5: Investment Highlights – Resource increases with metres drilled
Investment Highlights Resource increases with metres drilled Freegold controls one of the largest gold resources in north America Indicated 17.2 million ounces @ 1.24 g/t Au Inferred 11.9 million ounces @1.04 g/t Au Inferred Indicated JULY 2025 MRE using US $2,490 gold price and 0.5 g/t AU cut-Off g
Slide 6: Golden Summit – Project Area
Golden Summit – Project Area Hi-Yu 110,000 ounces at 1.6 oz/t • Project area includes the four historic highest- grade producers in the district: Cleary Hill, Hi- CLEARY HILL 281,000 ounces at 1.3 oz/t Yu, American Eagle, and Newsboy mines • Large property with 80+ documented gold occurrences • Hist
Slide 7: Historic Underground Workings and GSDL2001
Historic Underground Workings and GSDL2001 Targeting Higher-grade Veins Surrounded by Broader Mineralized Envelopes Hi-Yu 110,000 ounces at 1.6 oz/t CLEARY HILL 281,000 ounces at 1.3 oz/t Saddle Zone Dolphin/Cleary Resource American Eagle 60,000 ounces at 1.6 oz/t JULY 2025 Newsboy 40,000 ounces at
Slide 8: Focus of 2020-2026 Drilling
Focus of 2020-2026 DRILLING 2020 – 2022 drilling largely directed at the Cleary/Dolphin Zones 2022/2023 – identification of potential for higher grade mineralization to the west with further drilling in the Dolphin Cleary Area 2024 – drilling west of Willow Creek – WOW Zone and infill drilling
Slide 9: Cleary Zone – Infill Drilling Demonstrating Ability to Increase Grade
Cleary Zone – Infill Drilling Demonstrating Ability to Increase Grade DRILLHOLE DEPTH DIP AZIMUTH FROM TO INTERVAL GEOCHEM (m) (m) (m) (m) (Au g/t) 19 96.6 77.6 0.93 203.3 221.2 17.9 2.33 GS2503 602 -75 360 425.8 462.4 36.6 1.36 Broad mineralized envelope intersected in Cleary zone 508.1 510.8 2.7 6
Slide 10: Dolphin Zone – Infill Drilling Demonstrating Ability to Increase Grade
Dolphin Zone – Infill Drilling Demonstrating Ability to Increase Grade Broad mineralized envelope intersected in the Dolphin Zone TSX FVL OTCQX FGOVF 10
Slide 11: WOW Zone – West of Willow Creek
WOW Zone – West of Willow Creek Expansion to the west GS2241 & GS2314 tested potential to the west DRILLHOLE DEPTH DIP AZIMUTH FROM TO INTERVAL GEOCHEM (m) (m) (m) (m) (Au g/t) • GS2241 intersected 1.02 g/t Au over 147 metres. 714.6 -90 0 441 468 27 1.28 • GS2314 intersected numerous high-grade inte
Slide 12: WOW Zone – Western Expansion Potential
WOW Zone – Western Expansion Potential Mineralization is open to the west, southwest, and to depth 2020-2024 drilling intersected consistent broad zones with higher-grade mineralization 2025 – Starting out Well with GS2505 returning GS2505 2.31 g/t Au over 65.4m TSX FVL OTCQX FGOVF 12
Slide 13: Geological Section – Showing Dolphin Intrusive
Geological Section – Showing Dolphin Intrusive 2024-2025 continued development of a geological model • Mineralization is hosted in the intrusive and surrounding schists •Fault and shear zone identification have helped to isolated zones of higher-grade mineralization TSX FVL OTCQX FGOVF 13
Slide 14: Metallurgical Testwork Results to date
Metallurgical Testwork Results to date OXIDE The current resource uses a Two Additional large- The upper ~70 metres of the 92% recovery rate diameter PQ holes drilled in Comprehensive Metallurgical Program underway aimed at deposit are oxide. Column (gravity, flotation & 2025, additional work In- im
Slide 15: Mineral Resource Update – July 2025
Mineral Resource Update – July 2025 Current Pit constrained resource Optionality with various cut-off grades Pit Constrained @ $2,490 Au Pit Constrained @ $2,490 au Cut-Off Grade Cut-Off Grade Category Tonnes Gold Ounces Category Tonnes Gold Ounces (g/t Au) (g/t Au) (g/t Au) (g/t Au) Indicated 63,70
Slide 16: 2025 Infill and Expansion Drilling
2025 Infill and Expansion Drilling 2025 Program focused on infilling and upgrading resource categories • 30,000m of drilling planned •19,000m completed • 5 rigs operational – 5th added mid September • Drilling underway, assays pending • 2 additional metallurgical holes completed TSX TSX FVL FVL OTCQ
Slide 17: Extensive Soil Anomalies
Extensive Soil Anomalies Golden Summit Project Area Historic Production Historic Mapped Veins Active Production Steese Highway 13km Hi-Yu 110,000 ounces at 1.6 oz/t Numerous gold-in-soil anomalies CLEARY HILL with >100 ppb Au over 13km that 281,000 ounces at 1.3 oz/t warrant drill testing Gold-in-so
Slide 18: Saddle Zone – 4 km East of the Dolphin/Cleary Zone
Saddle Zone – 4 km East of the Dolphin/Cleary Zone Additional target at golden summit Extensive veins mapped on surface from historic production outside the resource area Saddle Zone • Saddle Zone is located 4km east of the min Dolphin/Cleary resource • Seven reconnaissance holes were drilled in the
Slide 19: Saddle Zone – Additional Target Areas
Saddle Zone – Additional Target Areas Additional targets at golden summit • Multiple strong gold and silver intercepts in higher-grade veins • Targeting historically mapped veins and their potential to host mineralization both at surface and to depth Drill core from drillhole SZ2301 • Open at depth,
Slide 20: Potential New Interpretation – Warrants Testing
Potential New Interpretation – Warrants Testing • What if Golden Summit contains a single oval shaped Dolphin intrusive • Reconstruction is characterized arsenic – gold are proximal & silver – lead – antimony are distal, which zonation provides another tool to explore for concealed targets • 5th Rig
Slide 21: Advancing and De-risking Golden Summit
Advancing and De-risking Golden Summit Focus ON EXPANDING the CURRENT RESOURCE IN PREPARATION FOR pre-feasibility Resource Estimate updated July 2025 CONTINUED INFILL & CONVERSION OF RESOURCES • 2024 drilling included infill and • 30,000m drill program underway with expansion to the south and southw
Slide 22: 2025 & Upcoming Catalysts
2025 & Upcoming Catalysts Updated mineral resource estimate – Completed July 2025 FULLY FINANCED for planned 2025 30,000 m drill program to con ti n u e e x pan s i on an d i n f i l l dri l l i n g ai me d at u pgradi n g i n fe rre d re s ou rce s to i n di cate d. $ 4 2 Mi l l i on rai s e d Apri
Slide 23: Management and Board of Directors
Management and Board of Directors Kristina Walcott President and Chief Executive Officer & Director (Freegold) -- Over 20 years experience in mineral exploration industry. David Knight Director, Chairman -- Over 49 years experience as a lawyer. Former Senior Partner, SINCE 2020, Weirfoulds, LLP. Spe
Slide 24: Contact Us
Contact Us Freegold Ventures Limited 888-700 West Georgia St Vancouver, BC V7Y 1G5 Tel. 604.662.7307 freegoldventures.com TSX FVL OTCQX FGOVF 24