Key facts
| Company | Freegold Ventures Limited (TSX: FVL) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Early exploration |
About 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.
News releases15 on file
Freegold Reports Golden Summit Drill Results and Updates Progress Toward 2027 PFS 160.6 m at 1.80 g/t gold; updated resource estimate targeted for Q2 2027
Freegold Limited reported drill results from five holes at its Golden Summit project near Fairbanks, Alaska, including GS2659, which returned 160.6 m at 1.80 g/t Au from 578.2 m at Cleary, with 9.2 m at 19.33 g/t Au within it. GS2657 returned 17.6 m at 0.95 g/t Au from 54.0 m at Dolphin. The company targets an updated Mineral Resource Estimate in Q2 2027 and a PFS in 2027.
Drill resultsFreegold drills 1.24 g/t Au over 213m including 21m of 5.77 g/t Au at Golden Summit
Results from eight drill holes at the Golden Summit project in Alaska include GS2656, which returned 213.0 m at 1.24 g/t Au from 422 m, including 21 m at 5.77 g/t Au from 467 m and 3.0 m at 32.7 g/t Au, and GS2648, which returned 30.5 m at 1.67 g/t Au from 63.1 m and 79.3 m at 1.11 g/t Au from 377 m. More than 58,000 m has been drilled in 2026, with eight geotechnical holes complete and a resource
Drill resultsFreegold 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
Drilling at the Golden Summit project in Alaska returned 143.7 m grading 3.59 g/t Au from 758.0 m to the end of hole GS2638, including 3.0 m at 141.3 g/t Au from 779.0 m, while GS2630 cut 523 m at 0.75 g/t Au from 385 m and GS2623 returned 134.4 m at 1.12 g/t Au from 260 m. Six rigs are operating on infill, geotechnical and metallurgical work supporting an updated resource estimate for a targeted
Drill resultsFreegold 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
Drilling at the Golden Summit project in Alaska returned 176.8 m of 1.48 g/t Au from 389.2 m, including 45.8 m at 3.09 g/t Au, in hole GS2622 in the Dolphin Area, along with 70.8 m of 1.33 g/t Au in GS2617, 33.7 m of 1.59 g/t Au in GS2620, and 74.4 m of 1.20 g/t Au plus 2.2 m of 25.31 g/t Au in the Cleary Area. Six rigs are on site supporting an updated resource estimate and a 2027 pre-feasibility
Drill resultsFreegold 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
Infill and exploration drilling at the Golden Summit Project in Alaska returned 2.08 g/t Au over 62.1 m from 371.9 m within 102.3 m of 1.67 g/t Au in hole GS2607 (Dolphin), 0.76 g/t Au over 405.4 m from 102.7 m in GS2610, 0.90 g/t Au over 113.7 m from 86.5 m in GS2608 (Cleary), and 1.02 g/t Au over 66.0 m from 644.0 m in GS2605 (WOW). Over 25,000 metres have been completed in 2026 with six rigs op
Drill resultsFreegold intersects 336.8 m grading 1.32 g/t Au starting from 26.5 m in Infill Drilling at Golden Summit
Drilling at the Golden Summit project in Alaska returned 336.8 m at 1.32 g/t Au from 26.5 m in hole GS2562 in the northern Dolphin area, including 3 m of 17.38 g/t Au, with the hole ending at 553.8 m in 3.9 m of 1.22 g/t Au. Hole GS2601 at Cleary cut 131.0 m at 1.48 g/t Au, including 3.1 m at 28.58 g/t Au, plus 3.1 m of 142.1 g/t Au at 630 m; GS2602 at WOW returned 85.9 m at 0.65 g/t Au. Six rigs
Drill resultsFreegold Drills 19.2 g/t Au over 24.7m and 33.7 g/t Au over 19.5m in Infill Drilling at Golden Summit
Drill results from the Golden Summit project in Alaska include 19.22 g/t Au over 24.7 m in GS2556 (including 115.85 g/t Au over 3.1 m), 33.71 g/t Au over 19.5 m in GS2558 (including 263.90 g/t Au over 2.4 m), 347.90 g/t Au over 1.4 m in GS2559, and 1.15 g/t Au over 167.7 m in GS2555 at Dolphin. Higher-grade corridors have been traced over more than 1.5 km along the Dolphin–Cleary–WOW trend, across
Drill resultsFreegold Drills 1.43 g/t Au over 74.9 m at Golden Summit as 50,000 m 2026 Drill Program Accelerates Towards PFS
Drilling at the Golden Summit Project in Alaska returned 1.43 g/t Au over 74.9 m from 316.1 m in hole GS2548 in the Cleary area, including 23.38 g/t Au over 1.9 m, plus 2.29 g/t Au over 27.4 m. Dolphin hole GS2550 returned 1.35 g/t Au over 80.1 m from 409.7 m, and WOW hole GS2547 returned 1.06 g/t Au over 55.4 m and 1.14 g/t Au over 45 m. Six rigs are active in the roughly 50,000 m 2026 program su
Drill resultsFreegold Advances Golden Summit Toward Pre-Feasibility and Expands Technical Leadership Team
A ~50,000 m drill program, mainly infill, is underway at the Golden Summit project in Alaska, with five rigs operating, a sixth to start next month, 11 holes completed and five in progress, supporting an upcoming Pre-Feasibility Study. Metallurgical test work continues, with recoveries exceeding 90% using BIOX®, POX and the Albion Process™, and GlassLock Process™ testing aimed at direct-to-smelter
Study resultsFreegold Drills 11.5 g/t Au over 29.5 m at Golden Summit within 216.4 m of 2.44 g/t Au
Drilling at the Golden Summit project in Alaska returned 216.4 m at 2.44 g/t Au from 255.1 m in hole GS2546, including 11.54 g/t Au over 29.5 m and 2.99 g/t Au over 31.1 m. In the Tamarack zone, GS2545 returned 24.12 g/t Au over 6.6 m and 1.69 g/t Au over 25.2 m, while GS2551 returned 19.01 g/t Au over 6.4 m. Five rigs are operating with a sixth mobilizing, and 16 holes remain pending assay.
Drill resultsFreegold Drills 2.94 g/t Au over 58.4m at Golden Summit
Results from six additional drill holes at the Golden Summit project in Alaska include, in the Dolphin area, 2.41 g/t Au over 18.9m and 1.46 g/t Au over 88.4m (GS2537), 1.70 g/t Au over 48.8m and 3.09 g/t Au over 40.8m (GS2542), and 2.94 g/t Au over 21.9m, 2.34 g/t Au over 23.4m and 2.94 g/t Au over 58.4m (GS2544); Cleary hole GS2539 returned 1.41 g/t Au over 45.6m and 2.02 g/t Au over 15.2m. Dril
Drill resultsFreegold Drills 1.54 g/t Au over 44m at Tamarack Drilling at Golden Summit
Results from eight additional drill holes at the Golden Summit project in Alaska include GS2540 in the new Tamarack area, 400 metres east of Cleary, which returned 1.54 g/t Au over 44 metres within 1.17 g/t Au over 111.9 metres, while GS2536 returned 1.28 g/t Au over 49.2 metres. In the Dolphin area, GS2533 intersected 0.74 g/t Au over 525 metres and GS2541 returned 1.78 g/t Au over 84.9 metres; W
Drill resultsFreegold Drills 1.28 g/t Au over 49.3m in New Tamarack Zone at Golden Summit and 0.91 g/t Au Over 150.9m at Cleary
Drill hole GS2536 at the newly identified Tamarack Zone, about 400 metres east of the Cleary Zone at the Golden Summit project in Alaska, returned 1.28 g/t gold over 49.2 metres, with assays pending for three further holes. Cleary Zone hole GS2532 intersected 0.91 g/t gold over 150.9 metres and 24.9 g/t over 6.1 metres. Drilling finished in mid-December with 62 holes completed, and an initial 50,0
Drill resultsFreegold Intersects 1.53 g/t Au over 191.3m in infill drilling at Golden Summit
Infill drilling at the Golden Summit project in Alaska returned 1.53 g/t Au over 191.3 m in hole GS2531 in the Dolphin Zone, 1.05 g/t Au over 120.7 m in GS2508 and 1.78 g/t Au over 61 m in GS2528 in the Cleary Zone. Of 62 holes drilled in 2025, assays for 29 have been reported; results will update the July 2025 resource of 17.2 Moz at 1.24 g/t indicated and 11.9 Moz at 1.04 g/t inferred, supportin
Drill results