Lemhi Gold

FREEMAN FILES PRELIMINARY ECONOMIC ASSESSMENT TECHNICAL REPORT FOR LEMHI GOLD PROJECT

Retrieved on: 
Thursday, November 30, 2023

All-in sustaining costs include cash costs plus expansion capital, sustaining capital, closure costs and salvage value.

Key Points: 
  • All-in sustaining costs include cash costs plus expansion capital, sustaining capital, closure costs and salvage value.
  • Mine production planning is based on conventional drill/blast/load/haul open pit mining methods suited for the project location and local site requirements.
  • Resource from the open pit will report to a ROM pad and primary crusher directly northeast of the pit rim.
  • A number of metallurgical test programs have been completed on the Lemhi Gold Project since 1994.

FREEMAN ANNOUNCES ROBUST MAIDEN PRELIMINARY ECONOMIC ASSESSMENT FOR LEMHI: AFTER TAX NPV OF US$ 212 MILLION

Retrieved on: 
Monday, October 16, 2023

The objective of the study has been to maximize the value of Lemhi, while minimizing the footprint and environmental impact of the facility.

Key Points: 
  • The objective of the study has been to maximize the value of Lemhi, while minimizing the footprint and environmental impact of the facility.
  • After-tax NPV(5%) of US$212.4 million and IRR of 22.8% using a base case gold price of US$1,750/oz.
  • After-tax NPV (5%) of US$ 295.6 million and IRR of 28.6% using spot gold price of 1,932.50 US$/oz.
  • Average annual gold production of 75,900 oz Au for a total life-of-mine ("LOM") 11.2 years payable output of 851,900 oz Au.

FREEMAN EXTENDS LEMHI SHALLOW OXIDE GOLD MINERALIZATON 166 METRES TO THE WEST

Retrieved on: 
Wednesday, November 9, 2022

As of November 9, 2022, 50 new core drill holes for a total of 12,168 metres and seven reverse circulation ("RC") holes totalling 1,128 metres have been completed at Lemhi.

Key Points: 
  • As of November 9, 2022, 50 new core drill holes for a total of 12,168 metres and seven reverse circulation ("RC") holes totalling 1,128 metres have been completed at Lemhi.
  • These holes have been primarily designed to test on strike extensions of the known resource as well as infill in certain parts of the gold deposit.
  • Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the "Project").
  • The Project comprises 30 square kilometres of highly prospective land, hosting a near-surface oxide gold resource.

FREEMAN RELEASES ASSAYS FOR FIRST 11 HOLES - EXTENDS LEMHI SHALLOW OXIDE GOLD MINERALIZATON TO THE EAST

Retrieved on: 
Wednesday, October 12, 2022

As at October 11, 2022, a total of 50 new core drill holes have been completed at Lemhi for a total of 12,168 metres.

Key Points: 
  • As at October 11, 2022, a total of 50 new core drill holes have been completed at Lemhi for a total of 12,168 metres.
  • In addition, two reverse circulation ("RC") holes totalling 402m were completed at Lemhi.
  • These holes have been primarily designed to test on strike extensions of the known resource as well as infill in certain parts of the gold deposit.
  • Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the "Project").

FREEMAN PROVIDES LEMHI GOLD PROJECT UPDATE

Retrieved on: 
Monday, September 12, 2022

VANCOUVER, BC, Sept. 12, 2022 /PRNewswire/ -Freeman Gold Corp. (TSXV: FMAN) (OTCQX: FMANF) (FSE: 3WU) ("Freeman" or the "Company") is pleased to report it has successfully completed the Phase II diamond drill program consisting of 12,168 metres in 50 holes as part of a resource expansion program at its 100% owned Lemhi Gold Deposit, Idaho, USA.

Key Points: 
  • VANCOUVER, BC, Sept. 12, 2022 /PRNewswire/ -Freeman Gold Corp. (TSXV: FMAN) (OTCQX: FMANF) (FSE: 3WU) ("Freeman" or the "Company") is pleased to report it has successfully completed the Phase II diamond drill program consisting of 12,168 metres in 50 holes as part of a resource expansion program at its 100% owned Lemhi Gold Deposit, Idaho, USA.
  • Paul Matysek, Executive Chairman, commented, "The diamond drilling program was designed to confirm the continuity and increase the size of the Lemhi Gold Deposit.
  • Intersecting gold mineralization in these areas will have a direct impact on increasing the in-pit gold resource.
  • Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the "Project").

FREEMAN GOLD ANNOUNCES RESULTS OF SHAREHOLDER MEETING AND AWARDS OF RESTRICTED SHARE UNITS

Retrieved on: 
Friday, June 24, 2022

In addition, an aggregate of 150,000 restricted share units were awarded, subject to the terms and conditions of the RSU Plan, to the independent directors of the Company.

Key Points: 
  • In addition, an aggregate of 150,000 restricted share units were awarded, subject to the terms and conditions of the RSU Plan, to the independent directors of the Company.
  • Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the "Project").
  • The Project comprises 30 square kilometres of highly prospective land, hosting a near-surface oxide gold resource.
  • Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties, and assumptions.

FREEMAN GOLD AWARDED MINING WATER RIGHTS FOR LEMHI

Retrieved on: 
Tuesday, June 7, 2022

75-15005

Key Points: 
  • 75-15005
    VANCOUVER, BC, June 7, 2022 /PRNewswire/ - Freeman Gold Corp. (TSXV: FMAN) (OTCQX: FMANF) (FSE: 3WU) ("Freeman" or the "Company") is pleased to report it has received approval of a Permit to Appropriate Water ("Water Rights").
  • Freeman's Water Rights are the only registered groundwater right in the Lemhi Gold Deposit's basin.
  • "The approval is another key component of the development of the Lemhi Gold Deposit," stated Will Randall, CEO of Freeman.
  • "These Water Rights concede Freeman the ability to use up to 0.54 cubic feet per second of water for a gold mining operation from aquifers that do not have any other conceded water permits.

FREEMAN MAKES NEW GOLD DISCOVERY AT BEAUTY ZONE - DRILLS BONANZA GRADE GOLD ZONE: 68.23 G/TGOLD OVER 6 METRES

Retrieved on: 
Tuesday, March 22, 2022

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").

Key Points: 
  • 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").
  • "We now have a high-grade gold discovery adjacent to Lemhi upon which we will look to build complementary ounces.
  • The Beauty Zone is hosted in Proterozoic siltites and quartzites similar to the Lemhi Gold Deposit.The target area is structurally complex.
  • Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the "Project").

OTC Markets Group Welcomes Freeman Gold Corp. to OTCQX

Retrieved on: 
Thursday, March 3, 2022

NEW YORK, March 03, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operates regulated markets for trading 12,000 U.S. and international securities, today announced Freeman Gold Corp. (TSX-V: FMAN; OTCQX: FMANF), a mineral exploration company focused on the development of its 100% owned Lemhi Gold property, has qualified to trade on the OTCQX Best Market.

Key Points: 
  • NEW YORK, March 03, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operates regulated markets for trading 12,000 U.S. and international securities, today announced Freeman Gold Corp. (TSX-V: FMAN; OTCQX: FMANF), a mineral exploration company focused on the development of its 100% owned Lemhi Gold property, has qualified to trade on the OTCQX Best Market.
  • Freeman Gold Corp. upgraded to OTCQX from the OTCQB Venture Market or the Pink market.
  • Freeman Gold Corp. begins trading today on OTCQX under the symbol FMANF.
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities.

FREEMAN GOLD COMMENCES TRADING ON OTCQX

Retrieved on: 
Thursday, March 3, 2022

VANCOUVER, BC, March 3, 2022 /PRNewswire/ - Freeman Gold Corp. (TSX-V: FMAN) (OTCQX: FMANF) (FSE: 3WU) ("Freeman" or the "Company") is pleased to announce that its common shares have qualified to trade on the OTCQX Best Market and will commence trading today under its existing symbol of "FMANF".

Key Points: 
  • VANCOUVER, BC, March 3, 2022 /PRNewswire/ - Freeman Gold Corp. (TSX-V: FMAN) (OTCQX: FMANF) (FSE: 3WU) ("Freeman" or the "Company") is pleased to announce that its common shares have qualified to trade on the OTCQX Best Market and will commence trading today under its existing symbol of "FMANF".
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities.
  • Our OTC Link Alternative Trading Systems, (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.
  • Freeman is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the "Lemhi Project").