Freegold Ventures Limited · TSX:FVL
Freegold Ventures — Investor Presentation (November 2025)
22 slides from Freegold Ventures's investor presentation, November 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: November 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
EXPLORING FOR GOLD IN ALASKA Since the 2020 reinterpretation drilling began at Golden Summit: share price increased Over 2000% Capital Structure Ticker TSX: FVL OTCQX: FGOVF Share Price 1.20 Issued and Outstanding 532,845,2706 Warrants 5,966,150 ($0.52) 24,691,650 ($1.30) Options 10,565,000 Fully Di
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: 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- CLEARY HILL grade producers in the district: Cleary Hill, Hi-Yu, 281,000 ounces at 1.3 oz/t American Eagle, and Newsboy mines • Large property with 80+ documented gold occurrences • Histo
Slide 6: Resource Growth: In-Situ Gold Ounces
Resource Growth Resource increases with metres drilled Freegold controls one of the largest gold resources in north America Inferred Indicated Indicated 17.2 million ounces @ 1.24 g/t Au 35,000,000 Inferred 11.9 million ounces @1.04 g/t Au 30,000,000 JULY 2025 MRE using US $2,490 gold price and 0.5
Slide 7: 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 8: 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 8
Slide 9: 2025 Infill and Expansion Drilling
2025 Infill and Expansion Drilling 2025 Program focused on infilling and upgrading resource categories and establishing boundaries • 30,000m of drilling were planned •~32,0000m completed (49 holes) • 5 rigs •Drilling underway, assays pending TSX TSXFVL FVL OTCQX OTCQXFGOVF FGOVF 9
Slide 10: 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 11: Dolphin Zone – Infill Drilling Demonstrating Ability to Increase Grade
Dolphin Zone – Infill Drilling Demonstrating Ability to Increase Grade Broad mineralized envelope intersected Dolphin Zone TSX FVL OTCQX FGOVF 11
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 – Started out Well with GS2505 returning GS2505 2.31 g/t Au over 65.4m 12
Slide 13: WOW Zone – Continuing to Expand to the West
WOW Zone – Continuing to Expand to the West Mineralization is open to the west, southwest, and to depth 2025 – continuing to expand the wow zone to the west GS2509 – broad widths well above resource cut off 13
Slide 14: Metallurgical Testwork Results – Work Ongoing
Metallurgical Testwork Results – Work Ongoing 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
Slide 15: Extensive Soil Anomalies
Extensive Soil Anomalies Golden Summit Project Area Historic Production Historic Mapped Veins Active Production Steese Highway 13km Numerous gold-in-soil anomalies with >100 ppb Au over 13km that Hi-Yu 110,000 ounces at 1.6 oz/t warrant drill testing CLEARY HILL 281,000 ounces at 1.3 oz/t Gold-in-so
Slide 16: 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 main Dolphin/Cleary resource. • Seven reconnaissance holes were drilled in t
Slide 17: 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 18: 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 19: 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 • 2025 drill program underway with expansion to the south and the goal
Slide 20: Upcoming Catalysts
Upcoming Catalysts Ongoing Drill results – Drilling to continue to mid December – planned restart mid February – S i gn i f i can t as s ay n e ws f l ow to com e . In corporate d i n to an u pdate d Mi n e ral Re s ou rce Es ti mate Results from metallurgical testwork to prov i de a path way for f
Slide 21: 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 22: Contact Us
Contact Us Freegold Ventures Limited 888-700 West Georgia St Vancouver, BC V7Y 1G5 Tel. 604.662.7307 freegoldventures.com 22
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