Freegold Ventures Limited
TSX:FVLFreegold currently holds two projects in Alaska – Golden Summit and Shorty Creek. A successful resource update in September 2024 increased grade and tonnage, making Golden Summit one of North America's largest undeveloped gold resources. Mineral Resources for the primary resources are reported at a cut-off grade of 0.50 g/t gold and constrained within an open pit shell using a gold price of US$1,973/ounce, US$2.50/t mining cost, US$14/t processing cost, US$2.00/t G+A, 72% gold recovery, and a 45° pit slope. Tonnes and ounces rounded to the nearest thousand. The 2020-2024 programs were strategically designed to delineate higher-grade mineralization, and the results are promising. A total of 83,828 meters was drilled collectively, focusing on defining and further expanding the higher-grade Cleary Vein System (CVS). The CVS is interpreted to be a broader zone of higher-grade mineralization, and drilling successfully demonstrated the potential for more extensive and higher-grade gold miner
Projects
Active mining projects and exploration sites
Golden Summit
The Golden Summit project, a 30-minute drive from Fairbanks, already hosts a significant gold resource. An updated mineral resource estimate was released in July 2025. A 30,000-metre drill program is currently underway, with the results planned to be incorporated into a pre-feasibility study. The pre-feasibility study is targeted to commence in late 2025.
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About Freegold Ventures Limited
Freegold Ventures Limited (TSX: FVL) is a gold-focused mineral exploration company with ground in Canada.
The company holds 1 project on file, at the early exploration stage.
1 financing is on record, totalling approximately $50.0M, most recently in January 2026.
20 press releases are tracked here, 3 of them financing-related, with the most recent dated Aug 26, 2026.
Freegold currently holds two projects in Alaska – Golden Summit and Shorty Creek. A successful resource update in September 2024 increased grade and tonnage, making Golden Summit one of North America's largest undeveloped gold resources. Mineral Resources for the primary resources are reported at a cut-off grade of 0.50 g/t gold and constrained within an open pit shell using a gold price of US$1,973/ounce, US$2.50/t mining cost, US$14/t processing cost, US$2.00/t G+A, 72% gold recovery, and a 45° pit slope. Tonnes and ounces rounded to the nearest thousand. The 2020-2024 programs were strategically designed to delineate higher-grade mineralization, and the results are promising. A total of 83,828 meters was drilled collectively, focusing on defining and further expanding the higher-grade Cleary Vein System (CVS). The CVS is interpreted to be a broader zone of higher-grade mineralization, and drilling successfully demonstrated the potential for more extensive and higher-grade gold miner
Key facts
| Listing | TSX: FVL |
|---|---|
| Market capitalisation | $510.0M |
| Projects on file | 1 |
| Commodities | Gold |
| Jurisdictions | Canada |
| Financings on record | 1 |
Projects
| Project | Commodity | Location | Stage |
|---|---|---|---|
| Golden Summit | Gold | Canada | Early exploration |
Financing history
| Announced | Type | Amount | Warrants |
|---|---|---|---|
| Jan 9, 2026 | Private placement | $50.0M | — |
Warrants attached to past raises are future dilution at a fixed price. The Warrant Overhang Radar tracks the resulting overhang, and the Dilution Tracker shows how the share count has grown.
Recent news releases
- Aug 26, 2026Freegold Intersects 3.59 g/t Au over 143.7 m including 141.3 g/t Au over 3.0 m as it advances Golden Summit PFS
- Jul 21, 2026Freegold Intersects 1.48 g/t Au over 176.8m including 3.09 g/t over 45.8 m as it advances Golden Summit Towards PFS
- Jul 21, 2026Freegold Intersects 1.48 g/t Au over 176.8m including 3.09 g/t over 45.8 m as it advances Golden Summit Towards PFS
- Jul 2, 2026Freegold Drills 2.08 g/t Au over 62.1 m within 102.3 m of 1.67 g/t Au in Infill Drilling at Golden Summit
- Jul 2, 2026Freegold Drills 2.08 g/t Au over 62.1 m within 102.3 m of 1.67 g/t Au in Infill Drilling at Golden Summit
- Jun 29, 2026Results of the Annual General Meeting
- Jun 29, 2026Results of the Annual General Meeting
- Jun 17, 2026Freegold intersects 336.8 m grading 1.32 g/t Au starting from 26.5 m in Infill Drilling at Golden Summit
- Jun 17, 2026Freegold intersects 336.8 m grading 1.32 g/t Au starting from 26.5 m in Infill Drilling at Golden Summit
- May 20, 2026Freegold Drills 19.2 g/t Au over 24.7m and 33.7 g/t Au over 19.5m in Infill Drilling at Golden Summit