07:00 ET Freegold 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 Freegold Limited ("Freegold") (TSX: FVL) (OTCQX: FGOVF) reports additional drill results from its Golden Summit program in Alaska. The additional...

Original announcement by cnw on

Company
Freegold Limited
Ticker
FVL
Exchange
Unavailable
Region
Alaska
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Metallurgy
Extracted
2026-08-26 11:49:19 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Freegold Limited announced additional drill results from its Golden Summit project in Alaska, highlighted by an intercept of 3.59 g/t Au over 143.7 m, including a high-grade section of 141.3 g/t Au over 3.0 m. These results are part of the 2026 program focused on infill drilling to support an updated Mineral Resource Estimate for a targeted 2027 Pre-Feasibility Study. The company also reported ongoing metallurgical and geotechnical work to advance project development.

Reasoning: Freegold Limited reported additional drill results from its Golden Summit project, including a bonanza-grade intercept of 141.3 g/t Au over 3.0 m within a broader 143.7 m interval grading 3.59 g/t Au. These results are part of an infill drilling program aimed at increasing resource confidence and advancing the project towards a PFS, demonstrating strong mineralization continuity and potential for expansion.

Positive factors

  • Exceptional high-grade intercept (141.3 g/t Au)
  • Broad zones of significant gold mineralization (143.7 m @ 3.59 g/t Au)
  • Results support advancement towards Pre-Feasibility Study (PFS)
  • Infill drilling aims to increase resource confidence and define geological controls
  • Mineralization remains open at depth and along strike, indicating growth potential

Negative factors

  • True width of intercepts cannot be determined

Facts used in scoring: 38

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 141.3 g/t Au over 3.0 m is exceptionally high-grade, well above the open pit gold threshold of 3 g/t Au.

Evidence · table

“141.3”

Context: 3.0

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'The widths refer to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization' for all reported intervals.

Evidence · text

“The widths refer to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed 'Analytical Program and QA/QC' section describing laboratory procedures, standards, blanks, and duplicate assays.

Evidence · text

“Analytical Program and QA/QC HQ core is logged, photographed and cut in half using a diamond saw. One-half is placed in sealed bags for preparation and subsequent geochemical analysis by ALS facilities in Vancouver and Thunder Bay. Core samples were delivered to ALS's facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen. In Thunder Bay, a representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using ALS method Au-PA01 (PhotonAssay), which provides a detection range of 0.03 to 350 ppm. In Vancouver, a subsample was also analyzed for multi-element geochemistry using the ALS method ME-ICP61 (34-element, four-acid ICP-AES). Occasionally, samples are smaller than 500 g and are then assayed by Fire Assay with an AAS finish, method code Au-AA23 (30 g sample size); samples over 10 g/t Au are then automatically assayed using a FA Grav method, Au-GRAV21. Additional Au screening may be performed using ALS's Au-SCR24 method; select samples are dry-screened to 100 microns. A duplicate 50 g fire assay is conducted on the fine fraction, and the entire oversize fraction is assayed. Total Au content, individual assays, and weight fractions are reported. The QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of each submittal, and at least one blank is inserted every 25 standards.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is named as the Qualified Person who approved the scientific and technical disclosure.

Evidence · text

“Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person who has approved the scientific and technical disclosure in this release.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The release explicitly states that 'INFILL DRILLING FOCUSED ON INCREASING CONFIDENCE IN THE HIGHER-GRADE AREA' and 'Tighter drill spacing is intended to confirm grade continuity and better define geological controls in key areas'.

Evidence · text

“INFILL DRILLING FOCUSED ON INCREASING CONFIDENCE IN THE HIGHER-GRADE AREA”

Resource Updateneutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The drill results are intended to 'support an updated Mineral Resource Estimate for use in the targeted 2027 PFS' and 'Refining geological controls and drill density in key zones to support an updated Mineral Resource Estimate'.

Evidence · text

“supporting an updated Mineral Resource Estimate for use in the targeted 2027 PFS”

Extracted facts

Stored fact records: 38. Some facts used in scoring do not have a stored record.

Drill Results (38)

GS2638Golden Summit · goldGrade: 4.3Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
4.3
Grade Unit
g/t
Intercept
7 m
From
117.1 m
To
124.1 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 4.30 g/t Au over 7.0 m is an exceptional grade for an open pit gold deposit, contributing positively to the resource update and PFS.

Positive factors

  • Exceptional grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“4.30”

Context: 7.0

GS2638Golden Summit · goldGrade: 0.86Grade Unit: g/tIntercept: 27 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.86
Grade Unit
g/t
Intercept
27 m
From
230 m
To
257 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.86 g/t Au over 27.0 m is a moderate grade for an open pit gold deposit, providing good continuity for the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.86”

Context: 27.0

GS2638Golden Summit · goldGrade: 1.87Grade Unit: g/tIntercept: 16.8 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.87
Grade Unit
g/t
Intercept
16.8 m
From
285.2 m
To
302 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.87 g/t Au over 16.8 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.87”

Context: 16.8

GS2638Golden Summit · goldGrade: 0.71Grade Unit: g/tIntercept: 78 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
78 m
From
425 m
To
503 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.71 g/t Au over 78.0 m is a moderate grade for an open pit gold deposit, providing good continuity for the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.71”

Context: 78.0

GS2638Golden Summit · goldGrade: 2.73Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
2.73
Grade Unit
g/t
Intercept
12 m
From
461 m
To
473.2 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 2.73 g/t Au over 12.0 m is a strong grade for an open pit gold deposit, enhancing the overall mineralization in this zone and supporting the PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Sub-interval of a broader mineralized zone
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“2.73”

Context: 12.0

GS2638Golden Summit · goldGrade: 0.79Grade Unit: g/tIntercept: 48.8 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.79
Grade Unit
g/t
Intercept
48.8 m
From
547.2 m
To
596 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.79 g/t Au over 48.8 m is a moderate grade for an open pit gold deposit, providing good continuity for the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.79”

Context: 48.8

GS2638Golden Summit · goldGrade: 0.77Grade Unit: g/tIntercept: 96 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.77
Grade Unit
g/t
Intercept
96 m
From
638 m
To
734 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.77 g/t Au over 96.0 m is a moderate grade for an open pit gold deposit, providing very good continuity for the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Very broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.77”

Context: 96.0

GS2638Golden Summit · goldGrade: 3.59Grade Unit: g/tIntercept: 143.7 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
3.59
Grade Unit
g/t
Intercept
143.7 m
From
758 m
To
901.7 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 3.59 g/t Au over 143.7 m is an exceptional grade and grade-thickness product for an open pit gold deposit, representing a significant broad zone of mineralization that extends to the end of the hole, strongly supporting the PFS and resource update.

Positive factors

  • Exceptional grade for open pit gold deposit
  • Exceptional grade-thickness product (515.88 g/t·m)
  • Very broad intercept, extending mineralization to EOH
  • Supports PFS and resource update
  • Indicates potential for deep-rooted mineralization

Negative factors

  • Apparent width only

Evidence · table

“3.59”

Context: 143.7

GS2638Golden Summit · goldGrade: 141.3Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
GS2638
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
141.3
Grade Unit
g/t
Intercept
3 m
From
779 m
To
782 m
Hole Depth
901.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478805
Northing
7215050
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 141.3 g/t Au over 3.0 m is a bonanza grade and exceptional grade-thickness product for an open pit gold deposit, representing a very high-grade sub-interval within a broader zone, significantly enhancing the project's economics and supporting the PFS.

Positive factors

  • Bonanza grade for open pit gold deposit
  • Exceptional grade-thickness product (423.9 g/t·m)
  • Visible gold noted, indicating high-grade mineralization
  • Sub-interval of a broader significant zone
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“141.3”

Context: 3.0

GS2630Golden Summit · goldGrade: 0.79Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
GS2630
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.79
Grade Unit
g/t
Intercept
18 m
From
338 m
To
356 m
Hole Depth
856.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478768
Northing
7215016
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.79 g/t Au over 18.0 m is a moderate grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.79”

Context: 18.0

GS2630Golden Summit · goldGrade: 2.29Grade Unit: g/tIntercept: 34.2 mView all details
Link to this fact

Identity

Hole ID
GS2630
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
2.29
Grade Unit
g/t
Intercept
34.2 m
From
385 m
To
419.2 m
Hole Depth
856.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478768
Northing
7215016
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 2.29 g/t Au over 34.2 m is a strong grade and moderate grade-thickness product for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Moderate grade-thickness product (78.38 g/t·m)
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“2.29”

Context: 34.2

GS2630Golden Summit · goldGrade: 10.14Grade Unit: g/tIntercept: 9.2 mView all details
Link to this fact

Identity

Hole ID
GS2630
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
10.14
Grade Unit
g/t
Intercept
9.2 m
From
448.8 m
To
458 m
Hole Depth
856.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478768
Northing
7215016
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 10.14 g/t Au over 9.2 m is an exceptional grade and strong grade-thickness product for an open pit gold deposit, significantly contributing to the resource update and PFS.

Positive factors

  • Exceptional grade for open pit gold deposit
  • Strong grade-thickness product (93.29 g/t·m)
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“10.14”

Context: 9.2

GS2630Golden Summit · goldGrade: 0.87Grade Unit: g/tIntercept: 28.4 mView all details
Link to this fact

Identity

Hole ID
GS2630
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.87
Grade Unit
g/t
Intercept
28.4 m
From
506 m
To
534.4 m
Hole Depth
856.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478768
Northing
7215016
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.87 g/t Au over 28.4 m is a moderate grade for an open pit gold deposit, providing good continuity for the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.87”

Context: 28.4

GS2630Golden Summit · goldGrade: 1.05Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
GS2630
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
15 m
From
575 m
To
590 m
Hole Depth
856.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478768
Northing
7215016
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.05 g/t Au over 15.0 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.05”

Context: 15.0

GS2630Golden Summit · goldGrade: 1.61Grade Unit: g/tIntercept: 14.7 mView all details
Link to this fact

Identity

Hole ID
GS2630
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.61
Grade Unit
g/t
Intercept
14.7 m
From
623 m
To
637.7 m
Hole Depth
856.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478768
Northing
7215016
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.61 g/t Au over 14.7 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.61”

Context: 14.7

GS2630Golden Summit · goldGrade: 0.67Grade Unit: g/tIntercept: 33 mView all details
Link to this fact

Identity

Hole ID
GS2630
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
33 m
From
656 m
To
689 m
Hole Depth
856.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478768
Northing
7215016
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.67 g/t Au over 33.0 m is a weak grade for an open pit gold deposit, providing good continuity for the resource update and PFS.

Positive factors

  • Weak grade for open pit gold deposit
  • Broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.67”

Context: 33.0

GS2630Golden Summit · goldGrade: 1.39Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
GS2630
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.39
Grade Unit
g/t
Intercept
13.5 m
From
831.4 m
To
844.9 m
Hole Depth
856.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478768
Northing
7215016
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.39 g/t Au over 13.5 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.39”

Context: 13.5

GS2629Golden Summit · goldGrade: 4.78Grade Unit: g/tIntercept: 8.2 mView all details
Link to this fact

Identity

Hole ID
GS2629
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
4.78
Grade Unit
g/t
Intercept
8.2 m
From
55.1 m
To
63.3 m
Hole Depth
598.8 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478750
Northing
7215462
Azimuth
360 °
Dip
-67 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 4.78 g/t Au over 8.2 m is an exceptional grade and moderate grade-thickness product for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Exceptional grade for open pit gold deposit
  • Moderate grade-thickness product (39.20 g/t·m)
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“4.78”

Context: 8.2

GS2629Golden Summit · goldGrade: 0.97Grade Unit: g/tIntercept: 8.1 mView all details
Link to this fact

Identity

Hole ID
GS2629
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.97
Grade Unit
g/t
Intercept
8.1 m
From
143 m
To
151.1 m
Hole Depth
598.8 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478750
Northing
7215462
Azimuth
360 °
Dip
-67 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.97 g/t Au over 8.1 m is a moderate grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.97”

Context: 8.1

GS2629Golden Summit · goldGrade: 0.98Grade Unit: g/tIntercept: 6.3 mView all details
Link to this fact

Identity

Hole ID
GS2629
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
6.3 m
From
175.7 m
To
182 m
Hole Depth
598.8 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478750
Northing
7215462
Azimuth
360 °
Dip
-67 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.98 g/t Au over 6.3 m is a moderate grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.98”

Context: 6.3

GS2629Golden Summit · goldGrade: 3.58Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
GS2629
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
3.58
Grade Unit
g/t
Intercept
2.4 m
From
282 m
To
284.4 m
Hole Depth
598.8 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478750
Northing
7215462
Azimuth
360 °
Dip
-67 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 3.58 g/t Au over 2.4 m is an exceptional grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Exceptional grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“3.58”

Context: 2.4

GS2626Golden Summit · goldGrade: 1.91Grade Unit: g/tIntercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
GS2626
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.91
Grade Unit
g/t
Intercept
3.7 m
From
39.1 m
To
42.8 m
Hole Depth
284.9 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478650
Northing
7215438
Azimuth
360 °
Dip
-70 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.91 g/t Au over 3.7 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.91”

Context: 3.7

GS2626Golden Summit · goldGrade: 1.17Grade Unit: g/tIntercept: 9.6 mView all details
Link to this fact

Identity

Hole ID
GS2626
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
9.6 m
From
75.3 m
To
84.9 m
Hole Depth
284.9 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478650
Northing
7215438
Azimuth
360 °
Dip
-70 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.17 g/t Au over 9.6 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.17”

Context: 9.6

GS2626Golden Summit · goldGrade: 0.66Grade Unit: g/tIntercept: 8.3 mView all details
Link to this fact

Identity

Hole ID
GS2626
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.66
Grade Unit
g/t
Intercept
8.3 m
From
114.4 m
To
122.7 m
Hole Depth
284.9 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478650
Northing
7215438
Azimuth
360 °
Dip
-70 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.66 g/t Au over 8.3 m is a weak grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Weak grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.66”

Context: 8.3

GS2623Golden Summit · goldGrade: 1.4Grade Unit: g/tIntercept: 9.6 mView all details
Link to this fact

Identity

Hole ID
GS2623
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.4
Grade Unit
g/t
Intercept
9.6 m
From
97 m
To
106.6 m
Hole Depth
651.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478915
Northing
7215466
Azimuth
360 °
Dip
-75 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.40 g/t Au over 9.6 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.40”

Context: 9.6

GS2623Golden Summit · goldGrade: 9.58Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
GS2623
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
9.58
Grade Unit
g/t
Intercept
3.1 m
From
178.8 m
To
181.9 m
Hole Depth
651.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478915
Northing
7215466
Azimuth
360 °
Dip
-75 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 9.58 g/t Au over 3.1 m is an exceptional grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Exceptional grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“9.58”

Context: 3.1

GS2623Golden Summit · goldGrade: 0.9Grade Unit: g/tIntercept: 44 mView all details
Link to this fact

Identity

Hole ID
GS2623
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
44 m
From
197.5 m
To
241.5 m
Hole Depth
651.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478915
Northing
7215466
Azimuth
360 °
Dip
-75 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.90 g/t Au over 44.0 m is a moderate grade for an open pit gold deposit, providing good continuity for the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.90”

Context: 44.0

GS2623Golden Summit · goldGrade: 1.12Grade Unit: g/tIntercept: 134.4 mView all details
Link to this fact

Identity

Hole ID
GS2623
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
134.4 m
From
260 m
To
394.4 m
Hole Depth
651.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478915
Northing
7215466
Azimuth
360 °
Dip
-75 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.12 g/t Au over 134.4 m is a strong grade and strong grade-thickness product for an open pit gold deposit, representing a very broad zone of mineralization that significantly supports the PFS and resource update.

Positive factors

  • Strong grade for open pit gold deposit
  • Strong grade-thickness product (150.53 g/t·m)
  • Very broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.12”

Context: 134.4

GS2623Golden Summit · goldGrade: 0.63Grade Unit: g/tIntercept: 18.2 mView all details
Link to this fact

Identity

Hole ID
GS2623
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.63
Grade Unit
g/t
Intercept
18.2 m
From
412.1 m
To
430.3 m
Hole Depth
651.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478915
Northing
7215466
Azimuth
360 °
Dip
-75 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.63 g/t Au over 18.2 m is a weak grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Weak grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.63”

Context: 18.2

GS2623Golden Summit · goldGrade: 1.1Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
GS2623
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
4 m
From
561.7 m
To
565.7 m
Hole Depth
651.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478915
Northing
7215466
Azimuth
360 °
Dip
-75 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.10 g/t Au over 4.0 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.10”

Context: 4.0

GS2623Golden Summit · goldGrade: 1.09Grade Unit: g/tIntercept: 25.1 mView all details
Link to this fact

Identity

Hole ID
GS2623
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.09
Grade Unit
g/t
Intercept
25.1 m
From
598.9 m
To
624 m
Hole Depth
651.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
478915
Northing
7215466
Azimuth
360 °
Dip
-75 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.09 g/t Au over 25.1 m is a strong grade for an open pit gold deposit, providing good continuity for the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.09”

Context: 25.1

GS2624Golden Summit · goldGrade: 1.04Grade Unit: g/tIntercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
GS2624
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
1.04
Grade Unit
g/t
Intercept
10.8 m
From
42.5 m
To
53.3 m
Hole Depth
254.1 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
479899
Northing
7215755
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 1.04 g/t Au over 10.8 m is a strong grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Strong grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“1.04”

Context: 10.8

GS2624Golden Summit · goldGrade: 0.68Grade Unit: g/tIntercept: 16.8 mView all details
Link to this fact

Identity

Hole ID
GS2624
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
16.8 m
From
110.3 m
To
127.1 m
Hole Depth
254.1 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
479899
Northing
7215755
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.68 g/t Au over 16.8 m is a weak grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Weak grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.68”

Context: 16.8

GS2624Golden Summit · goldGrade: 0.82Grade Unit: g/tIntercept: 14.9 mView all details
Link to this fact

Identity

Hole ID
GS2624
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.82
Grade Unit
g/t
Intercept
14.9 m
From
232.9 m
To
247.8 m
Hole Depth
254.1 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
479899
Northing
7215755
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.82 g/t Au over 14.9 m is a moderate grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.82”

Context: 14.9

GS2625Golden Summit · goldGrade: 0.94Grade Unit: g/tIntercept: 16.2 mView all details
Link to this fact

Identity

Hole ID
GS2625
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.94
Grade Unit
g/t
Intercept
16.2 m
From
193.5 m
To
209.7 m
Hole Depth
351.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
479803
Northing
7215665
Azimuth
360 °
Dip
-83 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.94 g/t Au over 16.2 m is a moderate grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Moderate grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.94”

Context: 16.2

GS2625Golden Summit · goldGrade: 0.74Grade Unit: g/tIntercept: 18.3 mView all details
Link to this fact

Identity

Hole ID
GS2625
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.74
Grade Unit
g/t
Intercept
18.3 m
From
231 m
To
249.3 m
Hole Depth
351.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
479803
Northing
7215665
Azimuth
360 °
Dip
-83 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.74 g/t Au over 18.3 m is a weak grade for an open pit gold deposit, contributing to the resource update and PFS.

Positive factors

  • Weak grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.74”

Context: 18.3

GS2625Golden Summit · goldGrade: 0.68Grade Unit: g/tIntercept: 27.4 mView all details
Link to this fact

Identity

Hole ID
GS2625
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
27.4 m
From
276.8 m
To
304.2 m
Hole Depth
351.7 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
479803
Northing
7215665
Azimuth
360 °
Dip
-83 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.68 g/t Au over 27.4 m is a weak grade for an open pit gold deposit, providing good continuity for the resource update and PFS.

Positive factors

  • Weak grade for open pit gold deposit
  • Broad intercept
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.68”

Context: 27.4

GS2627Golden Summit · goldGrade: 0.62Grade Unit: g/tIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
GS2627
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
4.6 m
From
125.6 m
To
130.2 m
Hole Depth
248.5 m

Classification

Program
resource
Sample Type
drill
Mining Method
open_pit

Location

Easting
479901
Northing
7215848
Azimuth
360 °
Dip
-90 °

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: The intercept of 0.62 g/t Au over 4.6 m is a weak grade for an open pit gold deposit, contributing to the resource update and PFS, but is of lower materiality due to its grade and width.

Positive factors

  • Weak grade for open pit gold deposit
  • Supports PFS and resource update

Negative factors

  • Apparent width only

Evidence · table

“0.62”

Context: 4.6

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.