The mining newspaper for Alaska and Canada's North
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Freegold Ventures Ltd. June 3 announced that the first hole of its 40,000-meter 2021 drill program at Golden Summit cut a more than 420-meter-thick zone of strong gold mineralization between the current bulk-tonnage Dolphin resource and the spectacularly high-grade Cleary Hill area on this highway accessible property about 25 miles north of Fairbanks, Alaska. Prior to the 2020 program, most of the drilling at Golden Summit focused on Dolphin, a deposit that hosts 61.5 million...
While earlier bonanza grade gold from the 2020 drill program at Freegold Ventures Ltd.'s Golden Summit property in Alaska was impressive, one drill intercept in the latest batch of results returned by far the highest grade gold intercept drilled by the company so far. This hole, GS2017, cut 1.7 meters averaging a staggering 588 grams per metric ton (18.9 ounces per metric ton) gold. This was part of a 219.8-meter intercept that averaged 1.61 g/t gold. This longer intercept...