Freegold Ventures Limited · TSX:FVL
Freegold Ventures — Investor Presentation (2025)
26 slides from Freegold Ventures's investor presentation, 2025
Slide 1: Track Record of Leveraging Exploration Dollars into Discovery
TSX: FVL|OTCQX: FGOVF TRACK RECORD OF LEVERAGING Summer 2025 EXPLORATION DOLLARS INTO DISCOVERY EXPLORING ONE OF THE LARGEST UNDEVELOPED GOLD RESOURCES IN NORTH AMERICA
Slide 2: Cautionary disclaimer
C au tion ar y d isc laim e r 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,
Slide 3: Company Portfolio
C om p an y P or tfolio Red Dog SHARE STRUCTURE Updated July,2025 Freegold Property A L A S K A Shares 528,434,250 Mine in Production Upper Kobuk Warrants 9,655,750 ($0.52) Project in Permitting or 24,691,650 ($1.30) GOLDEN SUMMIT Advanced Exploration Livengood Graphite Creek Options 10,565,000 Full
Slide 4: Investment Highlights
IN V E STM E NT HIG HLIG HTS Resource increases with metres drilled Freegold controls one of the largest Inferred Indicated gold resources in north America 35,000,000 Indicated 17.2 million ounces @ 1.24 g/t Au Inferred 11.9 million ounces @1.04 g/t Au 30,000,000 IN-SITU GOLD OUNCES JULY 2025 MRE us
Slide 5: 2025 Catalysts
2025 c ataly sts Updated mineral resource estimate – Completed July 2025 FULLY FINANCED for planned 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 l 2 0 2 5 Res
Slide 6: Golden Summit Project
G OLD E N SU M M IT P R OJE C T One of the largest undeveloped gold resources in north America Largely unexplored outside the resource Area Indicated 17.2 million ounces @ 1.24 g/t Au Inferred 11.9 million ounces @ 1.04 g/t Au CLEARY/DOLPHIN July 2025 Resource using US $2,490 gold price RESOURCE TRU
Slide 7: Historic underground workings and drill holes
HISTOR IC u n d e r g r ound wor k in g s an d d r ill hole g sd L2001 Targeting Higher-grade Veins Surrounded by Hi-Yu 110,000 ounces at 1.6 oz/t Broader Mineralized Envelopes 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 Septemb
Slide 8: Room to grow – extensive soil anomalies
R oom to g r ow – e x te n siv e Soil an om alie s Golden Summit Project Area Historic Production Historic Mapped Veins Active Production Numerous gold-in-soil anomalies Steese Highway with >100 ppb Au over 13km that warrant drill testing 13km • Project area includes the four historic Hi-Yu highest-
Slide 9: Mineral resource estimate July 2025
M in e r al r e sou r c e e stim ate JU LY 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) Ind
Slide 10: Metallurgical test results to date
M e tallu r g ic al te st r e su lts to d ate OXIDE Comprehensive Metallurgical Program underway aimed at The upper ~70 metres of improving recovery and reducing operating & capital costs the deposit are oxide. Column testwork on the oxide returned better than Native ’free gold’ in drill core 85% in
Slide 11: 2023 testwork results
2023 te stwor k r e su lts DRILLHOLE FROM TO AU TEST CALC GRADE GOLD RECOVERY % (m) (m) (g/t) (Au g/t) GRAV/FLOAT/ GRAV/ CIL GRAVITY REGR CIL GS2201 441.1 648.3 1.44 1.06 88.2 87.1 45.0 GS2203 287.8 478 2.13 2.24 75.1 77.2 48.2 GS2206 383.1 586.1 1.17 1.02 80.2 87.5 42.7 GS2207 261.9 468.7 1.35 1.78
Slide 12: 2024 PQ holes for metallurgical testwork
2024 p q hole s for m e tallu r g ic al te stwor k 479000 E 479500 E GS2421 • Infill of a 200-metre gap in the Cleary Zone • One of the most continuous higher-grade intercepts observed in the eastern section of the resource area Testwork underway at Base met LaBS in Kamloops, BC Gs2414 & GS2418 • Dr
Slide 13: Assay Results from 2024 PQ metallurgical drillholes
Assay R e su lts fr om 2024 P Q m e tallu r g ic al d r illhole s DRILLHOLE DEPTH DIP AZIMUTH FROM TO INTERVAL Au (m) (m) (m) (m) (g/t) 563 -90 0 406.5 451.5 45 1.14 GS2412 461.8 475.5 13.7 1.05 484.6 512.1 27.5 1.22 601.4 -90 0 101 113 12 17.9 GS2414 183.3 218 34.7 2.06 949.5 -90 0 95 118.7 23.7 3.
Slide 14: Western Extension – West of Willow (WOW Zone)
We ste r n E x te n s i on – We st of Willow (WOW Z ON E ) Expansion to the west GS2241 & GS2314 tested potential to the west • GS2241 intersected 1.02 g/t Au over 147 metres. • GS2314 intersected numerous high-grade intervals such as 5.42 GS2314 g/t Au over 113.3 metres. GS2241 2023-2024 exploratio
Slide 15: Western Extension - WOW Zone
We ste r n E x te n s i on - WOW Z on e Mineralization is open to the west, southwest, and to depth 478650 E WOW Zone 2020-2024 drilling intersected consistent broad zones with higher-grade mineralization TSX: FVL|OTCQX: FGOVF
Slide 16: Higher grade: WOW Zone
Hig he r g r ad e : Wow Z o n e Drilling intersects Higher-grade mineralization in WOW Zone Cleary Zone DRILLHOLE DEPTH FROM TO INTERVAL GEOCHEM DIP AZIMUTH (m) (m) (m) (m) (Au g/t) 714.6 -90 0 441 468 27 1.28 GS2439 522 585 63 0.87 654 684 30 0.72 666.3 -90 0 219.8 271.3 51.5 0.79 288.6 316.1 27.5
Slide 17: Higher grade with infill drilling in Cleary Zone
Hig he r g r ad e with in fill d r illin g in c le aR y z on e 479550 E DEPTH FROM TO INTERVAL GEOCHEM DRILLHOLE DIP AZIMUTH (m) (m) (m) (m) (Au g/t) 427 -90 0 69.2 93.6 24.4 1.12 GS2438 233.8 266.4 32.6 1.14 310 325.2 15.2 1.22 536.8 -90 0 50.9 60 9.1 3.3 221.6 251.9 30.3 2.74 GS2441 300.8 334.4 33
Slide 18: Saddle Zone
Sad d le Z on e Additional target at golden summit Extensive veins mapped outside the resource area on surface from historic production • Saddle Zone is located 4km east of Saddle Zone the main Dolphin/Cleary resource. • Seven reconnaissance holes were drilled in the Saddle Zone in 2023. A1 • Encour
Slide 19: Saddle Zone
Sad d le Z on e 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 Drill core from drillhole SZ2301 at surface and to depth (3.5 metres at 1.93 g/t Au and 57.5 g/
Slide 20: Advancing & De-risking Golden Summit
Ad v an c in g & D e r i sk i n g G o ld e n Su m m it Focus ON EXPANDING the CURRENT RESOURCE IN PREPARATION FOR pre-feasibility Resource Estimate CONTINUED INFILL & updated July 2025 CONVERSION OF RESOURCES • 30,000m drill program underway with • 2024 drilling included infill and expansion to the
Slide 21: Shorty Creek Project
Shor ty C r e e k P r oje c t Geophysical & Geochemical targets • Copper-gold porphyry with strategic metal potential • Correlation between magnetic high and mineralization at Hill 1835 target area Livengood gold project ~13.6 Moz at 0.6 g/t Au 125- km north of Fairbanks, Alaska • Accessible infrast
Slide 22: Shorty Creek – Hill 1835
Shor ty C r e e k – Hill 1835 STRONG CORRELATION BETWEEN Mineralization AND MAGNETIC HIGH at hill 1835 Multiple other Untested Magnetic Anomalies over a 100-sq km area Chalcopyrite in drill core from hole SC1503 FREEGOLD’S INITIAL DISCOVERY HOLE SC1503 Intercepted 91 metres grading 0.55% Cu, 0.14 g/
Slide 23: Hill 1835 Drilling
Hill 1835 D r illin g DrillHole From (m) To (m) INTERVAL (m) Cu % Au g/t Ag g/t WO3 % SC1601 86.1 520.6 434.5 0.36 0.12 7.46 0.034 incl. 300.6 356.6 45 0.57 0.38 9.90 0.04 SC1602 88 497.6 409.6 0.29 0.06 5.66 0.03 incl. 135.5 229 93.5 0.38 60.1 70.2 0.065 SC1702 77 485 408 0.27 0.05 4.97 0.05 incl.
Slide 24: Strategic Mineral Potential
Str ate g ic M in e r al P ote n tial Tungsten Metallurgical testwork A Strategic Mineral Used across many sectors Metallurgical testwork indicates the tungsten at Shorty Creek is electronics recoverable by gravity Aerospace & DEFENCE mining Automotive parts energy machinery Floatation & Gravity tes
Slide 25: Management & Board of Directors
M an ag e m e nt & B oar d o f d i r e c tor s Kristina Walcott President and Chief Executive Officer & Director (Freegold) -- Over 20 years David Knight experience in mineral exploration industry. Director, Chairman -- Over 49 years experience as a lawyer. Former Senior Partner, Weirfoulds, LLP. Sp
Slide 26: Contact Us
C on tac t U s Freegold Ventures Limited 888-700 West Georgia St Vancouver, BC V7Y 1G5 Tel. 604.662.7307 freegoldventures.com investor presentation T S X : F V L | O T C Q X: F G O V F