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As of 2:41 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

freegold ventures ltd (FVL) Snapshot

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freegold ventures ltd (FVL) Details

Freegold Ventures Limited, together with its subsidiaries, is engaged in the acquisition and exploration of precious metal properties in the United States and Canada. The company focuses on the exploration of gold projects in Alaska. It primarily holds interests in the Golden Summit property located near Fairbanks, Alaska; and the Vinasale Mountain property situated in the western portion of the McGrath Mining District, Alaska. The company was formerly known as International Freegold Mineral Development Inc. and changed its name to Freegold Ventures Limited in September 2002. Freegold Ventures Limited was incorporated in 1985 and is headquartered in Vancouver, Canada.

2 Employees
Last Reported Date: 03/28/14
Founded in 1985

freegold ventures ltd (FVL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$175.0K
Chief Financial Officer
Total Annual Compensation: C$75.0K
Vice President of Exploration & Development a...
Total Annual Compensation: C$175.0K
Compensation as of Fiscal Year 2013.

freegold ventures ltd (FVL) Key Developments

Freegold Ventures Ltd. Announces the Appointment of Andrew Partington as the Member of Audit Committee

Freegold Ventures Ltd. announced that at the annual general meeting held on June 30, 2014, approved the appointment of Andrew Partington as the member of audit committee.

Freegold Announces Positive Metallurgical Test Results Golden Summit Project, Alaska

Freegold Ventures Limited reported the results of a comprehensive metallurgical test program from its Golden Summit Project located near Fairbanks, Alaska. Located a 30 minute drive from Fairbanks with road, industrial scale power and an experienced workforce already in place the Golden Summit project represents and excellent low risk development opportunity for Freegold. The technical data generated from the metallurgical test work program provides adequate data for Freegold to examine both the potential for a stand-alone valley heap leach operation on all material (oxide and sulphide) as well as to investigate a higher recovery milling operation. A series of composite samples from the various areas from the Dolphin/Cleary Resource area were submitted to SGS Canada Inc. in Burnaby, British Columbia. A total of 279 samples of drill core assay rejects which represented the different areas of the resource were composited to form 5 sample types: oxide, transition, hornfels-sulphide, intrusive-sulphide and schist-sulphide. Overall gold recoveries from standard 48 hour bottle roll tests and 120 hour intermittent agitation leach tests from the as-received material (F80 850 ­ 1550 µm) were as follows: Oxide material averaged 88%, Transition material averaged 57%, Intrusive material averaged 56%, and Hornfels-Sulphide material averaged 45%. Standard bottle roll testwork was carried out on a variety of grind sizes however recoveries did not increase substantially with finer grinds, with the exception of the transition material which showed recoveries of greater than 70% are achievable at a 75 micron grind size. In addition a series of tests which included a variety of methods were completed: direct CIL (carbon-in-leach), Pressure Oxidation (POX) ­CIL, Flotation ­CIL, and Flotation-POX-CIL were carried out during the course of the program. The overall recovery was achieved by POX-CIL with recoveries greater than 94.3%, and averaging 98.1% under best conditions tested. The combination of Flotation-POX-CIL resulted in recoveries of 92%, although lower recovery than Whole Ore POX a significant advantage would be a much smaller quantity of material would need to be treated (approximately 10% would be subject to POX).

Freegold Appoints Andrew Partington as Director

Freegold Ventures Ltd. announced the appointment of Andrew Partington to the Board of Directors of Freegold effective immediately. Mr. Partington was most recently a Partner with Toronto based investment bank Paradigm Capital Inc. (2003-2013) specializing in corporate advisory, M&A, and equity raising for mining and metals companies and was also a Principal with Beacon Group Advisors (2001-2003) - the precedessor to Paradigm's mining team.


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