Announcement Date: | 2022-03-22 |
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Announcement Type: | Drilling Results |
Announcement Code: | JORC |
Company name: | Freeman Gold Corp. |
Project name: | Lemhi |
Location: | United States |
Commodities: | Gold,Silver |
Highlight: | Drilling results incl. 6m @ 68.23g/t Au, 40.18g/t Ag from 57m |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | VANCOUVER, BRITISH COLUMBIA – March 22, 2022 – Freeman Gold Corp. (TSX-V: FMAN, OTCQX: FMANF, FSE: 3WU) (“Freeman” or the “Company”) is pleased to report a new gold-silver discovery at the Beauty Zone (“Beauty Zone” or “Beauty”), located approximately 600 metres west of the Company’s Lemhi Gold Deposit in eastern Idaho, USA. The Beauty Zone lies wholly within Freeman’s patented mining claims and is defined by a 350 metre by 250 metre coincidental gold in rock and soil anomaly. During Q4 2021, the first ever drilling at the Beauty Zone was designed as a fan of three diamond drill holes from one setup totaling 328 metres (“metres” or “m”). Drill hole FG21-003C intersected the highest-grade gold mineralization ever drilled by Freeman. “This new discovery is a major milestone for Freeman. The bonanza grades encountered at the Beauty Zone are the first ever drilled by the Company outside of the Lemhi Gold Deposit, highlighting the prospective nature of our underexplored consolidated land package of more than 6,000 acres in Idaho,” stated Paul Matysek, Executive Chairman. “We now have a high-grade gold discovery adjacent to Lemhi upon which we will look to build complementary ounces. Follow up drilling is planned.” |
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