# Freegold Drills 2.94 g/t Au over 58.4m at Golden Summit

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a

Original source: https://money.tmx.com/en/quote/FVL/news/4637668163362815/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit

Publisher: tmx

Original announcement: 2026-03-10T11:51:00.000Z

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, Resource update

- Extracted: 2026-08-21 01:22:17 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Freegold Ventures Limited reported new high-grade gold drill results from its Golden Summit project, including intercepts such as 2.94 g/t Au over 58.4m. These results confirm mineralization continuity and potential for higher grades, supporting the existing substantial resource. Additionally, pilot-scale metallurgical testing achieved over 90% gold recovery using sulphide-oxidizing techniques, with tailings classified as low risk for acid generation, all contributing to the project's advancement towards a Pre-Feasibility Study.

Reasoning: The announcement reports new high-grade gold drill intercepts over significant widths, positive pilot-scale metallurgical test results demonstrating high recoveries and low environmental risk, and confirms a substantial existing gold resource, all advancing the project towards a Pre-Feasibility Study.

- Positive factor: high\_grade\_intercepts

- Positive factor: significant\_widths

- Positive factor: high\_gold\_recovery

- Positive factor: pilot\_scale\_testwork

- Positive factor: low\_environmental\_risk\_tailings

- Positive factor: resource\_continuity\_confirmed

- Positive factor: advancing\_to\_pfs

- Negative factor: apparent\_width\_only

- Negative factor: stale\_resource\_estimate

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

Facts used in scoring: 35

## 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 release explicitly states that 'true width cannot be determined due to the uncertain geometry of mineralization' for the drill intercepts.

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 document includes a dedicated 'Analytical Program and QA/QC' section detailing laboratory procedures, standards, and blanks.

Evidence · text

> A 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.

**QP/CP Signed**

Polarity: positive

Definition: 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 responsible for the technical disclosure.

Evidence · text

> Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person responsible for the scientific and technical disclosure in this release.

**Refractory Ore**

Polarity: negative

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

Why it applies: The metallurgical section discusses 'sulphide-oxidizing techniques, including BIOX ®, POX, and the Albion Process™' to achieve high recoveries, indicating the ore is refractory.

Evidence · text

> recovery rates exceeding 90% using sulphide-oxidizing techniques, including BIOX ®, POX, and the Albion Process™.

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: The document mentions 'removal of sulphur' from tailings and the use of 'sulphide-oxidizing techniques', indicating the presence of sulphur as a potentially deleterious element.

Evidence · text

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

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The metallurgical test work achieved 'total gold recoveries of over 90%', which is considered high for gold.

Evidence · text

> total gold recoveries of over 90% are achievable.

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: The release states that 'Pilot-scale testing on a sample representative of the Golden Summit deposit is complete'.

Evidence · text

> Pilot-scale testing on a sample representative of the Golden Summit deposit is complete

**Infill Drilling**

Polarity: neutral

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

Why it applies: The drill program is described as 'continued infill drilling' to demonstrate potential for higher grade within the main resource area.

Evidence · text

> continued infill drilling demonstrates potential for higher grade within the main resource area

**Resource Update**

Polarity: neutral

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

Why it applies: The document refers to 'support an updated mineral resource estimate' and provides details of the existing resource.

Evidence · text

> support an updated mineral resource estimate

**PFS-Supporting**

Polarity: neutral

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

Why it applies: The drill program aims to enhance the resource estimate 'prior to the pre-feasibility study \(PFS\)' and the resource update will be incorporated into the 'upcoming Pre-Feasibility Study \(PFS\)'.

Evidence · text

> prior to the pre-feasibility study \(PFS\)

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The resource estimate provided is 'As of July 2025', while the announcement date is March 2026, making the estimate over six months old.

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

## Extracted facts

Stored fact records: 35. Some facts used in scoring do not have a stored record.

## Drill Results (35)

### GS2537

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-0)

Golden Summit · gold

#### Identity

- Hole ID: GS2537
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.74
- Grade Unit: g/t
- Intercept: 7.9 m
- From: 82.6 m
- To: 90.5 m
- Hole Depth: 706.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to resource continuity, but true width is not determined.

- Positive factor: strong\_grade\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.74

Context: 7.9

### GS2537

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-1)

Golden Summit · gold

#### Identity

- Hole ID: GS2537
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 6.6
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 114.6 m
- To: 120.7 m
- Hole Depth: 706.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, significantly contributing to resource continuity, but true width is not determined.

- Positive factor: exceptional\_grade\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 6.60

Context: 6.1

### GS2537

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-2)

Golden Summit · gold

#### Identity

- Hole ID: GS2537
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 2.41
- Grade Unit: g/t
- Intercept: 18.9 m
- From: 172.2 m
- To: 191.1 m
- Hole Depth: 706.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant width, enhancing resource continuity, but true width is not determined.

- Positive factor: strong\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 2.41

Context: 18.9

### GS2537

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-3)

Golden Summit · gold

#### Identity

- Hole ID: GS2537
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.36
- Grade Unit: g/t
- Intercept: 33.6 m
- From: 249 m
- To: 282.6 m
- Hole Depth: 706.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.36

Context: 33.6

### GS2537

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-4)

Golden Summit · gold

#### Identity

- Hole ID: GS2537
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.32
- Grade Unit: g/t
- Intercept: 9.1 m
- From: 367.9 m
- To: 377 m
- Hole Depth: 706.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, contributing to resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.32

Context: 9.1

### GS2537

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-5)

Golden Summit · gold

#### Identity

- Hole ID: GS2537
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.72
- Grade Unit: g/t
- Intercept: 25.9 m
- From: 386.2 m
- To: 412.1 m
- Hole Depth: 706.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a significant width, supporting resource continuity, but true width is not determined.

- Positive factor: weak\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 0.72

Context: 25.9

### GS2537

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-6)

Golden Summit · gold

#### Identity

- Hole ID: GS2537
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.46
- Grade Unit: g/t
- Intercept: 88.4 m
- From: 471.5 m
- To: 559.9 m
- Hole Depth: 706.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a continuous width, significantly enhancing resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: continuous\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.46

Context: 88.4

### GS2537

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-7)

Golden Summit · gold

#### Identity

- Hole ID: GS2537
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 22.06
- Grade Unit: g/t
- Intercept: 2.4 m
- From: 641 m
- To: 643.4 m
- Hole Depth: 706.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a bonanza gold grade, indicating a very high-grade zone, but over a narrow width and true width is not determined.

- Positive factor: bonanza\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 22.06

Context: 2.4

### GS2542

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-8)

Golden Summit · gold

#### Identity

- Hole ID: GS2542
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.71
- Grade Unit: g/t
- Intercept: 89 m
- From: 13.4 m
- To: 102.4 m
- Hole Depth: 773 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a continuous width, supporting resource continuity, but true width is not determined.

- Positive factor: weak\_grade\_intercept

- Positive factor: continuous\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 0.71

Context: 89.0

### GS2542

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-9)

Golden Summit · gold

#### Identity

- Hole ID: GS2542
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.86
- Grade Unit: g/t
- Intercept: 45.7 m
- From: 120.7 m
- To: 166.4 m
- Hole Depth: 773 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a strong continuous width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: strong\_continuity

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 0.86

Context: 45.7

### GS2542

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-10)

Golden Summit · gold

#### Identity

- Hole ID: GS2542
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 48.8 m
- From: 212.1 m
- To: 260.9 m
- Hole Depth: 773 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a strong continuous width, significantly enhancing resource continuity, but true width is not determined.

- Positive factor: strong\_grade\_intercept

- Positive factor: strong\_continuity

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.70

Context: 48.8

### GS2542

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-11)

Golden Summit · gold

#### Identity

- Hole ID: GS2542
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.05
- Grade Unit: g/t
- Intercept: 23.2 m
- From: 370.6 m
- To: 393.8 m
- Hole Depth: 773 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.05

Context: 23.2

### GS2542

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-12)

Golden Summit · gold

#### Identity

- Hole ID: GS2542
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.07
- Grade Unit: g/t
- Intercept: 33.9 m
- From: 519.6 m
- To: 553.5 m
- Hole Depth: 773 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.07

Context: 33.9

### GS2542

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-13)

Golden Summit · gold

#### Identity

- Hole ID: GS2542
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 3.09
- Grade Unit: g/t
- Intercept: 40.8 m
- From: 570.6 m
- To: 611.4 m
- Hole Depth: 773 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a strong continuous width, significantly enhancing resource continuity, but true width is not determined.

- Positive factor: exceptional\_grade\_intercept

- Positive factor: strong\_continuity

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 3.09

Context: 40.8

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-14)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 5.17
- Grade Unit: g/t
- Intercept: 13.9 m
- From: 201.1 m
- To: 215 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a bonanza gold grade over a significant width, indicating a very high-grade zone, but true width is not determined.

- Positive factor: bonanza\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 5.17

Context: 13.9

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-15)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 46.53
- Grade Unit: g/t
- Intercept: 1.3 m
- From: 208.5 m
- To: 209.8 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high bonanza gold grade, indicating a very high-grade zone, but over a narrow width and true width is not determined.

- Positive factor: bonanza\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 46.53

Context: 1.3

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-16)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.45
- Grade Unit: g/t
- Intercept: 8.5 m
- From: 257.5 m
- To: 266 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, contributing to resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.45

Context: 8.5

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-17)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 2.94
- Grade Unit: g/t
- Intercept: 21.9 m
- From: 273.2 m
- To: 295.1 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant width, enhancing resource continuity, but true width is not determined.

- Positive factor: strong\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 2.94

Context: 21.9

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-18)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.09
- Grade Unit: g/t
- Intercept: 22.1 m
- From: 321.9 m
- To: 344 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.09

Context: 22.1

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-19)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.85
- Grade Unit: g/t
- Intercept: 48.3 m
- From: 379.2 m
- To: 427.5 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a strong continuous width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: strong\_continuity

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 0.85

Context: 48.3

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-20)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 2.34
- Grade Unit: g/t
- Intercept: 23.4 m
- From: 447.6 m
- To: 471 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant width, enhancing resource continuity, but true width is not determined.

- Positive factor: strong\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 2.34

Context: 23.4

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-21)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 2.94
- Grade Unit: g/t
- Intercept: 58.4 m
- From: 507.6 m
- To: 566 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a continuous width, significantly enhancing resource continuity, but true width is not determined.

- Positive factor: strong\_grade\_intercept

- Positive factor: continuous\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 2.94

Context: 58.4

### GS2544

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-22)

Golden Summit · gold

#### Identity

- Hole ID: GS2544
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 44.43
- Grade Unit: g/t
- Intercept: 1.9 m
- From: 509 m
- To: 510.9 m
- Hole Depth: 598.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high bonanza gold grade, indicating a very high-grade zone, but over a narrow width and true width is not determined.

- Positive factor: bonanza\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 44.43

Context: 1.9

### GS2538

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-23)

Golden Summit · gold

#### Identity

- Hole ID: GS2538
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.35
- Grade Unit: g/t
- Intercept: 24.4 m
- From: 331.3 m
- To: 355.7 m
- Hole Depth: 666.5 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -70 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.35

Context: 24.4

### GS2539

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-24)

Golden Summit · gold

#### Identity

- Hole ID: GS2539
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 6.28
- Grade Unit: g/t
- Intercept: 9.5 m
- From: 53.6 m
- To: 63.1 m
- Hole Depth: 718.4 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -70 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a bonanza gold grade over a moderate width, indicating a very high-grade zone, but true width is not determined.

- Positive factor: bonanza\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 6.28

Context: 9.5

### GS2539

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-25)

Golden Summit · gold

#### Identity

- Hole ID: GS2539
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 13.5
- Grade Unit: g/t
- Intercept: 3 m
- From: 358.8 m
- To: 361.8 m
- Hole Depth: 718.4 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -70 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high bonanza gold grade, indicating a very high-grade zone, but over a narrow width and true width is not determined.

- Positive factor: bonanza\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 13.50

Context: 3

### GS2539

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-26)

Golden Summit · gold

#### Identity

- Hole ID: GS2539
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.41
- Grade Unit: g/t
- Intercept: 45.6 m
- From: 425.5 m
- To: 471.1 m
- Hole Depth: 718.4 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -70 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a strong continuous width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: strong\_continuity

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.41

Context: 45.6

### GS2539

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-27)

Golden Summit · gold

#### Identity

- Hole ID: GS2539
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 0.78
- Grade Unit: g/t
- Intercept: 36.1 m
- From: 511.6 m
- To: 547.7 m
- Hole Depth: 718.4 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -70 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a significant width, supporting resource continuity, but true width is not determined.

- Positive factor: weak\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 0.78

Context: 36.1

### GS2539

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-28)

Golden Summit · gold

#### Identity

- Hole ID: GS2539
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 2.02
- Grade Unit: g/t
- Intercept: 15.2 m
- From: 581.3 m
- To: 596.5 m
- Hole Depth: 718.4 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -70 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant width, enhancing resource continuity, but true width is not determined.

- Positive factor: strong\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 2.02

Context: 15.2

### GS2543

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-29)

Golden Summit · gold

#### Identity

- Hole ID: GS2543
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.06
- Grade Unit: g/t
- Intercept: 11 m
- From: 12.2 m
- To: 23.2 m
- Hole Depth: 529.4 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -75 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, contributing to resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.06

Context: 11

### GS2543

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-30)

Golden Summit · gold

#### Identity

- Hole ID: GS2543
- Project: Golden Summit
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: FVL

#### Geometry

- Grade: 1.36
- Grade Unit: g/t
- Intercept: 18.6 m
- From: 300.8 m
- To: 319.4 m
- Hole Depth: 529.4 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Azimuth: 0 °
- Dip: -75 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant width, supporting resource continuity, but true width is not determined.

- Positive factor: moderate\_grade\_intercept

- Positive factor: significant\_width

- Positive factor: resource\_continuity\_confirmed

- Negative factor: apparent\_width\_only

Evidence · table

> 1.36

Context: 18.6

### Fact 32

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-31)

Golden Summit · gold

#### Identity

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

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: Pilot-scale test work achieved high gold recoveries of over 90% using sulphide-oxidizing techniques, and tailings were classified as low risk for acid generation, indicating robust metallurgical performance despite refractory ore.

- Positive factor: high\_recovery

- Positive factor: pilot\_scale\_test

- Positive factor: low\_environmental\_risk

- Negative factor: refractory\_ore

Evidence · text

> 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, will undergo additional testing to refine the preferred oxidation or treatment process and determine the most effective processing methods during the PFS. So far, the prior oxidation test work has been highly successful, showing that total gold recoveries of over 90% are achievable.

### Fact 33

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-32)

Golden Summit · gold

#### Identity

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

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: Tailings from locked-cycle flotation tests were classified as low risk for acid generation due to sulphur removal and calcium carbonate presence, indicating good environmental management for the refractory ore.

- Positive factor: low\_environmental\_risk

- Negative factor: refractory\_ore

Evidence · text

> Tailings from locked-cycle flotation tests using the same flowsheet as the pilot plant have been analyzed for environmental characterization, including Acid Base Accounting \(ABA\) and Toxicity Characteristic Leaching Procedures \(TCLP\). Tailings from the flotation-based flowsheet have been classified as low risk for acid generation due to the removal of sulphur and the presence of significant amounts of calcium carbonate.

### Fact 34

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-33)

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

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Compositing

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

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: A substantial Indicated gold resource with a strong grade is reported, supporting the PFS, but the estimate's effective date is from July 2025.

- Positive factor: substantial\_resource

- Positive factor: pfs\_support

- Positive factor: strong\_grade\_resource

- Negative factor: stale\_estimate

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 35

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-drills-2-94-g-t-au-over-58-4m-at-golden-summit--601d1f51-70a7-45a2-ad29-63872407f54a#fact-drill-facts-34)

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

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: sulphur

#### Compositing

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

#### Review

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

#### Dates

- Event date: 2026-03-10T00:00:00.000Z

Reasoning: A substantial Inferred gold resource with a strong grade is reported, supporting the PFS, but the estimate's effective date is from July 2025 and it is a lower confidence category.

- Positive factor: substantial\_resource

- Positive factor: pfs\_support

- Positive factor: strong\_grade\_resource

- Negative factor: stale\_estimate

- Negative factor: inferred\_resource

Evidence · text

> 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.

## 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.
