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As of 9:30 AM 11/27/14 All times are local (Market data is delayed by at least 15 minutes).

freegold ventures ltd (FVL) Snapshot

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52 Week High
11/28/13 - C$0.30
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Market Cap
12.6M
Average Volume 10 Days
55.1K
EPS TTM
C$-0.02
Shares Outstanding
84.0M
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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 Continues Metallurgical Testing at Golden Summit Project, Alaska

Freegold Ventures Limited is continuing metallurgical test work on its Golden Summit Project located near Fairbanks, Alaska. Located a 30 minute drive from Fairbanks with road, industrial scale power and an experienced workforce nearby, the Golden Summit project represents an excellent low risk development opportunity for Freegold. The current program underway is being conducted by McClelland Laboratories of Sparks, Nevada and consists further bottle roll tests and column leach tests. This work augments the previous significant work conducted by SGS Laboratories in Vancouver. The technical data being generated from the metallurgical test work program is aimed at providing 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 which will be incorporated in the Preliminary Economic Assessment (PEA) which is currently underway with Tetra Tech. The Golden Summit project hosts an indicated resource of 79,800,000 t grading 0.66 g/t for a total of 1,683,000 oz gold and an inferred resource of 248,060,000 t grading 0.61 g/t for a total of 4,841,000 oz gold using a 0.3 g/t cut-off. The indicated oxide resource using a 0.20 g/t cutoff is 25,026,200 t grading 0.55 g/t for a total of 439,000 oz gold and the inferred resource is 16,620,510 t grading 0.47 g/t for a total of 253,000 oz gold. The resource was prepared in compliance with NI 43-101. The resource estimate was completed by Qualified Person Gary Giroux of Giroux Consultants in June 2013. The Technical Report documenting this estimate can be found on the Company's website or on SEDAR under the Company's profile. The oxide cap is contained largely within the upper 200 feet (60 metres) of the resource. To date resource drilling has been confined to a 300 metre by 1.5 km area (approx. 110 acres) however the entire Golden Summit project area covers 13,000 acres area and hosts numerous other significant exploration targets with potential to host additional resources, all of which have an oxide cap in the upper 200 feet (60 metres).

Freegold Ventures Limited Expands an Additional 48 Claims on its Shorty Creek Property

Freegold Ventures Limited announced that it has staked an additional 48 claims on its Shorty Creek Property, enlarging the property position to 26,087 acres. Exploration completed over the Shorty Creek project has defined significant chargeability anomalies which are coincident with strong copper, molybdenum, gold and bismuth geochemistry. Additional staking was done to cover extensions to the known anomalous areas.

Freegold Ventures Ltd. Presents at Red Cloud's Fall Investor Showcase, Oct-09-2014 10:30 AM

Freegold Ventures Ltd. Presents at Red Cloud's Fall Investor Showcase, Oct-09-2014 10:30 AM. Venue: King Edward Hotel, 37 King St E, 2nd Floor, Toronto, Ontario, Canada.

 

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