# Freegold Drills 11.5 g/t Au over 29.5 m at Golden Summit within 216.4 m of 2.44 g/t Au

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360

Original source: https://money.tmx.com/en/quote/FVL/news/4721280959103019/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44-

Publisher: tmx

Original announcement: 2026-04-01T11:39:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Freegold Ventures Limited

- Ticker: FVL

- Exchange: TSX

- Region: Alaska

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Metallurgy

- Extracted: 2026-08-21 00:35:11 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Freegold Ventures Limited announced new drill results from its Golden Summit project in Alaska, highlighted by a bonanza intercept of 11.54 g/t Au over 29.5 m within a broader zone of 2.44 g/t Au over 216.4 m. The company is expanding its drill program with six rigs to advance the project towards a Pre-Feasibility Study, with ongoing metallurgical work demonstrating high gold recoveries for the refractory ore.

Reasoning: Freegold reported new drill results from Golden Summit, including bonanza-grade gold intercepts over significant widths, which expand the mineralization and support the project's advancement towards a Pre-Feasibility Study. Metallurgical test work also demonstrated high gold recoveries for the refractory ore, despite the lack of true width disclosure for drill intercepts and the presence of deleterious elements.

- Positive factor: bonanza\_grade\_intercepts

- Positive factor: significant\_intercept\_widths

- Positive factor: step\_out\_extension

- Positive factor: multiple\_rigs\_active

- Positive factor: pfs\_advancement

- Positive factor: qa\_qc\_disclosed

- Positive factor: high\_recovery\_demonstrated\_for\_refractory\_ore

- Negative factor: apparent\_width\_only

- Negative factor: refractory\_ore

- Negative factor: deleterious\_elements\_present

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 28

## Classification and evidence

**Apparent Width Only**

Polarity: negative

Definition: 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 'true width cannot be determined due to the uncertain geometry of mineralization'.

Evidence · text

> The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization .

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The release includes detailed QA/QC disclosure, mentioning certified labs \(ALS\), specific assay methods \(Au-PA01, ME-ICP61\), and procedures like standards and blanks.

Evidence · text

> 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 \(Photon Assay\) which provides a detection range of 0.03 to 350 ppm. In addition, a subsample was analyzed for multi-element geochemistry using ALS method ME-ICP61 \(34-element, four-acid ICP-AES\). The QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The document highlights 'Step-outs expand the system to the east with clear upside' and 'Tamarack opens a new eastern corridor'.

Evidence · text

> Tamarack breakout: Step-outs expand the system to the east with clear upside.

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill program is designed to provide 'additional infill' material to support the pre-feasibility study.

Evidence · text

> This expanded drill capacity will expedite and advance the planned drilling program to provide additional infill, geotechnical, and metallurgical material in support of the pre-feasibility study \("PFS"\).

**Refractory Ore**

Polarity: negative

Definition: Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: The metallurgy section discusses the need for 'oxidation or treatment process' and mentions 'BIOX®, POX, and the Albion Process™' to achieve gold recoveries, indicating refractory ore.

Evidence · text

> This concentrate, which is less than 4% of the original material, will undergo additional testing to refine the preferred oxidation or treatment process and determine the most effective processing methods during the PFS.

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: The metallurgy section mentions 'removal of sulphur' and 'reducing arsenic content' in the concentrate, indicating the presence of these penalty elements.

Evidence · text

> Tailings from the flotation-based flowsheet, the same flowsheet as the pilot plant, have been classified as low risk for acid generation due to the removal of sulphur and the presence of significant amounts of calcium carbonate.

**PFS-Supporting**

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The drill program and metallurgical work are explicitly stated to be in support of the pre-feasibility study \('PFS'\).

Evidence · text

> This expanded drill capacity will expedite and advance the planned drilling program to provide additional infill, geotechnical, and metallurgical material in support of the pre-feasibility study \("PFS"\).

**Pilot Scale Complete**

Polarity: positive

Definition: Pilot or demonstration plant testing completed under continuous operation.

Why it applies: Initial pilot-scale testing on a representative sample is complete, and a flotation concentrate has been produced.

Evidence · text

> Initial pilot-scale testing on a sample representative of the Golden Summit deposit is complete, and a flotation concentrate has been produced from a 1,500 kg sample collected from 12 drill holes.

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The metallurgical section describes a 'flotation-based flowsheet' and 'flotation concentrate'.

Evidence · text

> Initial pilot-scale testing on a sample representative of the Golden Summit deposit is complete, and a flotation concentrate has been produced from a 1,500 kg sample collected from 12 drill holes.

**POX/BIOX Route**

Polarity: neutral

Definition: Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.

Why it applies: The document states that 'total gold recoveries of over 90% are achievable with BIOX®, POX, and the Albion Process™'.

Evidence · text

> So far, the prior oxidation test work has been highly successful, showing that total gold recoveries of over 90% are achievable with BIOX®, POX, and the Albion Process™.

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The resource estimate is presented as 'As of July 2025' and is mentioned in the context of supporting an 'updated mineral resource estimate' to be incorporated into the upcoming PFS, indicating it is not new information.

Evidence · text

> As of July 2025, Golden Summit resources include an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, using a 0.5 g/t cut-off grade and a gold price of $2,490.

## Extracted facts

Stored fact records: 28. Some facts used in scoring do not have a stored record.

## Drill Results (28)

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-0)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.46
- Grade Unit: g/t
- Intercept: 20.1 m
- From: 121 m
- To: 141.1 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a strong width in a porphyry setting.

- Positive factor: exceptional\_grade

- Positive factor: strong\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 1.46

Context: 20.1

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-1)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.79
- Grade Unit: g/t
- Intercept: 13.8 m
- From: 186.5 m
- To: 200.3 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a moderate width in a porphyry setting.

- Positive factor: exceptional\_grade

- Positive factor: moderate\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 1.79

Context: 13.8

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-2)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 2.44
- Grade Unit: g/t
- Intercept: 216.4 m
- From: 255.1 m
- To: 471.5 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2546:255.1-471.5
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a continuous width, resulting in an exceptional grade-width product for a porphyry deposit.

- Positive factor: exceptional\_grade

- Positive factor: continuous\_width

- Positive factor: exceptional\_grade\_width\_product

- Negative factor: apparent\_width\_only

Evidence · table

> 2.44

Context: 216.4

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-3)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.9
- Grade Unit: g/t
- Intercept: 64.8 m
- From: 255.1 m
- To: 319.9 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2546:255.1-319.9
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Strong gold grade over a continuous width in a porphyry setting.

- Positive factor: strong\_grade

- Positive factor: continuous\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 0.90

Context: 64.8

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-4)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 2.99
- Grade Unit: g/t
- Intercept: 31.1 m
- From: 328 m
- To: 359.1 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2546:328.0-359.1
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a strong continuity width, resulting in a strong grade-width product for a porphyry deposit.

- Positive factor: exceptional\_grade

- Positive factor: strong\_continuity\_width

- Positive factor: strong\_grade\_width\_product

- Negative factor: apparent\_width\_only

Evidence · table

> 2.99

Context: 31.1

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-5)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.75
- Grade Unit: g/t
- Intercept: 19.4 m
- From: 378.7 m
- To: 398.1 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2546:378.7-398.1
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Strong gold grade over a moderate width in a porphyry setting.

- Positive factor: strong\_grade

- Positive factor: moderate\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 0.75

Context: 19.4

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-6)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 11.54
- Grade Unit: g/t
- Intercept: 29.5 m
- From: 429.8 m
- To: 459.3 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2546:429.8-459.3
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a strong continuity width, resulting in an exceptional grade-width product for a porphyry deposit.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Positive factor: strong\_continuity\_width

- Positive factor: exceptional\_grade\_width\_product

- Negative factor: apparent\_width\_only

Evidence · table

> 11.54

Context: 29.5

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-7)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 29.32
- Grade Unit: g/t
- Intercept: 1.2 m
- From: 442.3 m
- To: 443.5 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2546:442.3-443.5
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a narrow width in a porphyry setting.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Negative factor: narrow\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 29.32

Context: 1.2

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-8)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 62.15
- Grade Unit: g/t
- Intercept: 1.8 m
- From: 443.5 m
- To: 445.3 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2546:443.5-445.3
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a narrow width, resulting in a strong grade-width product for a porphyry deposit.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Positive factor: strong\_grade\_width\_product

- Negative factor: narrow\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 62.15

Context: 1.8

### GS2546

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-9)

Golden Summit · gold

#### Identity

- Hole ID: GS2546
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 96.3
- Grade Unit: g/t
- Intercept: 1.8 m
- From: 450.2 m
- To: 452 m
- Hole Depth: 471.5 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2546:450.2-452.0
- Mining Method: open\_pit

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a narrow width, resulting in an exceptional grade-width product for a porphyry deposit.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Positive factor: exceptional\_grade\_width\_product

- Negative factor: narrow\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 96.30

Context: 1.8

### GS2545

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-10)

Golden Summit · gold

#### Identity

- Hole ID: GS2545
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 2.51
- Grade Unit: g/t
- Intercept: 9 m
- From: 104 m
- To: 113 m
- Hole Depth: 710 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a moderate width in a porphyry setting.

- Positive factor: exceptional\_grade

- Positive factor: moderate\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 2.51

Context: 9.0

### GS2545

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-11)

Golden Summit · gold

#### Identity

- Hole ID: GS2545
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.91
- Grade Unit: g/t
- Intercept: 70.2 m
- From: 179 m
- To: 249.2 m
- Hole Depth: 710 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2545:179.0-249.2
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Strong gold grade over a continuous width in a porphyry setting.

- Positive factor: strong\_grade

- Positive factor: continuous\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 0.91

Context: 70.2

### GS2545

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-12)

Golden Summit · gold

#### Identity

- Hole ID: GS2545
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.69
- Grade Unit: g/t
- Intercept: 25.2 m
- From: 224 m
- To: 249.2 m
- Hole Depth: 710 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2545:224.0-249.2
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a strong continuity width, resulting in a strong grade-width product for a porphyry deposit.

- Positive factor: exceptional\_grade

- Positive factor: strong\_continuity\_width

- Positive factor: strong\_grade\_width\_product

- Negative factor: apparent\_width\_only

Evidence · table

> 1.69

Context: 25.2

### GS2545

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-13)

Golden Summit · gold

#### Identity

- Hole ID: GS2545
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.51
- Grade Unit: g/t
- Intercept: 59.9 m
- From: 425 m
- To: 484.9 m
- Hole Depth: 710 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Strong gold grade over a continuous width in a porphyry setting.

- Positive factor: strong\_grade

- Positive factor: continuous\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 0.51

Context: 59.9

### GS2545

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-14)

Golden Summit · gold

#### Identity

- Hole ID: GS2545
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 24.12
- Grade Unit: g/t
- Intercept: 6.6 m
- From: 505.4 m
- To: 512 m
- Hole Depth: 710 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2545:505.4-512.0
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a moderate width, resulting in an exceptional grade-width product for a porphyry deposit.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Positive factor: exceptional\_grade\_width\_product

- Negative factor: apparent\_width\_only

Evidence · table

> 24.12

Context: 6.60

### GS2545

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-15)

Golden Summit · gold

#### Identity

- Hole ID: GS2545
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 236
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 511.4 m
- To: 512 m
- Hole Depth: 710 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2545:511.4-512.0
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a narrow width, resulting in a strong grade-width product for a porphyry deposit.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Positive factor: strong\_grade\_width\_product

- Negative factor: narrow\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 236.0

Context: 0.60

### GS2545

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-16)

Golden Summit · gold

#### Identity

- Hole ID: GS2545
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.74
- Grade Unit: g/t
- Intercept: 12.2 m
- From: 580.7 m
- To: 592.9 m
- Hole Depth: 710 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Strong gold grade over a moderate width in a porphyry setting.

- Positive factor: strong\_grade

- Positive factor: moderate\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 0.74

Context: 12.2

### GS2551

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-17)

Golden Summit · gold

#### Identity

- Hole ID: GS2551
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.28
- Grade Unit: g/t
- Intercept: 6.7 m
- From: 57.8 m
- To: 64.5 m
- Hole Depth: 420 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a moderate width in a porphyry setting.

- Positive factor: exceptional\_grade

- Positive factor: moderate\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 1.28

Context: 6.7

### GS2551

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-18)

Golden Summit · gold

#### Identity

- Hole ID: GS2551
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 68.21
- Grade Unit: g/t
- Intercept: 1.4 m
- From: 124.3 m
- To: 125.7 m
- Hole Depth: 420 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a narrow width, resulting in a strong grade-width product for a porphyry deposit.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Positive factor: strong\_grade\_width\_product

- Negative factor: narrow\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 68.21

Context: 1.40

### GS2551

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-19)

Golden Summit · gold

#### Identity

- Hole ID: GS2551
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.56
- Grade Unit: g/t
- Intercept: 11.3 m
- From: 202.2 m
- To: 213.5 m
- Hole Depth: 420 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Strong gold grade over a moderate width in a porphyry setting.

- Positive factor: strong\_grade

- Positive factor: moderate\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 0.56

Context: 11.3

### GS2551

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-20)

Golden Summit · gold

#### Identity

- Hole ID: GS2551
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 19.01
- Grade Unit: g/t
- Intercept: 6.4 m
- From: 228.8 m
- To: 235.2 m
- Hole Depth: 420 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2551:228.8-235.2
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a moderate width, resulting in an exceptional grade-width product for a porphyry deposit.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Positive factor: exceptional\_grade\_width\_product

- Negative factor: apparent\_width\_only

Evidence · table

> 19.01

Context: 6.4

### GS2551

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-21)

Golden Summit · gold

#### Identity

- Hole ID: GS2551
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 63.18
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 229.7 m
- To: 231.3 m
- Hole Depth: 420 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Group ID: GS2551:229.7-231.3
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Bonanza gold grade over a narrow width, resulting in a strong grade-width product for a porphyry deposit.

- Positive factor: bonanza\_grade

- Positive factor: exceptional\_grade

- Positive factor: strong\_grade\_width\_product

- Negative factor: narrow\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 63.18

Context: 1.60

### GS2551

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-22)

Golden Summit · gold

#### Identity

- Hole ID: GS2551
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 3.47
- Grade Unit: g/t
- Intercept: 5.4 m
- From: 269 m
- To: 274.4 m
- Hole Depth: 420 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a moderate width in a porphyry setting.

- Positive factor: exceptional\_grade

- Positive factor: moderate\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 3.47

Context: 5.40

### GS2551

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-23)

Golden Summit · gold

#### Identity

- Hole ID: GS2551
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 3.4
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 403.9 m
- To: 407 m
- Hole Depth: 420 m

#### Classification

- Deposit Type: porphyry
- Program: mixed
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 330 °
- Dip: -70 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Exceptional gold grade over a narrow width in a porphyry setting.

- Positive factor: exceptional\_grade

- Positive factor: narrow\_width

- Negative factor: apparent\_width\_only

Evidence · table

> 3.40

Context: 3.10

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-24)

Golden Summit · gold

#### Identity

- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Pilot-scale flotation successfully produced a concentrate, demonstrating effective concentration for gold, though the recovery basis is not specified and deleterious elements are present.

- Positive factor: effective\_concentration\_demonstrated

- Positive factor: pilot\_scale\_test

- Negative factor: recovery\_basis\_unspecified

- Negative factor: deleterious\_elements\_present

Evidence · text

> Initial pilot-scale testing on a sample representative of the Golden Summit deposit is complete, and a flotation concentrate has been produced from a 1,500 kg sample collected from 12 drill holes. This concentrate, which is less than 4% of the original material

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-25)

Golden Summit · gold

#### Identity

- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Deleterious

- Deleterious Flag: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Achieved high gold recoveries \(over 90%\) using conventional oxidation processes \(BIOX, POX, Albion Process\) for refractory ore, indicating a viable processing solution despite potentially higher CAPEX/OPEX.

- Positive factor: high\_recovery

- Positive factor: refractory\_ore\_solution

- Negative factor: high\_capex\_opex\_process

Evidence · text

> So far, the prior oxidation test work has been highly successful, showing that total gold recoveries of over 90% are achievable with BIOX®, POX, and the Albion Process™.

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-26)

Golden Summit · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.24
- Grade Unit: g/t

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: zero\_all
- Historical: Yes
- Historical Source Date: 2025-07-01T00:00:00.000Z

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: This is a restatement of a prior resource estimate and does not represent new information.

- Negative factor: stale\_data\_re\_release

Evidence · text

> As of July 2025, Golden Summit resources include an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au

### Fact 28

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-11-5-g-t-au-over-29-5-m-at-golden-summit-within-216-4-m-of-2-44--46a244d7-8b5e-4dbf-9981-c8531113c360#fact-drill-facts-27)

Golden Summit · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.04
- Grade Unit: g/t

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: zero\_all
- Historical: Yes
- Historical Source Date: 2025-07-01T00:00:00.000Z

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: This is a restatement of a prior resource estimate and does not represent new information.

- Negative factor: stale\_data\_re\_release

Evidence · text

> an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au

## 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.