# Freegold Intersects 1.53 g/t Au over 191.3m in infill drilling at Golden Summit

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8

Original source: https://money.tmx.com/en/quote/FVL/news/8673777358053764/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit

Publisher: tmx

Original announcement: 2025-12-04T11:03:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Freegold Ventures Limited

- Ticker: FVL

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Metallurgy

- Extracted: 2026-08-21 04:03:02 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Freegold Ventures Limited announced positive infill drill results from its Golden Summit project, including 1.53 g/t Au over 191.3m in the Dolphin Zone. These results confirm strong, continuous mineralization and support the potential for a higher-grade starter pit, which will feed into an updated mineral resource estimate and a Pre-Feasibility Study. Additionally, metallurgical test work has achieved gold recovery rates exceeding 90% and classified tailings as low risk for acid generation.

Reasoning: Freegold Ventures Limited announced strong infill drill results from its Golden Summit project, including a significant intercept of 1.53 g/t Au over 191.3m, which confirms mineralization continuity and supports the development of a higher-grade starter pit. Concurrently, positive metallurgical test work demonstrated high gold recovery rates and environmentally favorable tailings, de-risking future project development towards a Pre-Feasibility Study.

- Positive factor: High-grade gold intercepts over significant widths, confirming continuity.

- Positive factor: Infill drilling supports the potential for a higher-grade starter pit.

- Positive factor: Metallurgical test work achieved gold recovery rates exceeding 90%.

- Positive factor: Tailings classified as low risk for acid generation with arsenic levels below acceptable limits.

- Positive factor: Detailed QA/QC procedures with certified labs and QP sign-off.

- Negative factor: True width cannot be determined for reported intercepts, limiting geological interpretation.

- Negative factor: Hole GS2517 was abandoned due to challenging ground conditions.

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

Facts used in scoring: 25

## Classification and evidence

**Infill Drilling**

Polarity: neutral

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

Why it applies: The document explicitly states that the drilling program focused on 'infill drilling to support the PFS, refining both geological and resource models'.

Evidence · text

> Freegold Intersects 1.53 g/t Au over 191.3m in infill drilling at Golden Summit

**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' for the reported widths.

Evidence · text

> Note: The reported widths refer 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 detailed 'QA/QC' section outlining laboratory procedures, sample preparation, assay methods, and insertion of standards and blanks.

Evidence · text

> QA/QC HQ Core is logged, photographed and cut in half using a diamond saw. One half is placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories in Fairbanks, Alaska or ALS's facilities in Vancouver and Thunder Bay .

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Intercepts like 35.09 g/t Au over 3.1m and 35.65 g/t Au over 2.1m are exceptionally high-grade for an open pit gold project \(threshold for exceptional is >=5 g/t\).

Evidence · table

> 35.09

Context: 3.1

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The document states that 'Mineralization remains open both to the east and west of the current deposit' and 'Continued westward expansion has led to the discovery of new, higher-grade zones'.

Evidence · text

> Mineralization remains open both to the east and west of the current deposit.

**High Recovery**

Polarity: positive

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

Why it applies: Gold recovery rates exceeding 90% were achieved, which is at or above the exceptional band for mill/CIL processing routes.

Evidence · text

> Gold recovery rates exceeding 90% have been achieved using a flowsheet that includes gravity concentration, flotation to produce a cleaner concentrate, and subsequent treatment with sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™

**Refractory Ore**

Polarity: negative

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

Why it applies: The flowsheet includes 'sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™', indicating complex mineralogy requiring oxidation before recovery.

Evidence · text

> sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™

**POX/BIOX Route**

Polarity: neutral

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

Why it applies: The metallurgical flowsheet explicitly mentions 'sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™'.

Evidence · text

> sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: The metallurgical flowsheet includes 'gravity concentration' and 'Simple gravity' is being evaluated.

Evidence · text

> flowsheet that includes gravity concentration

**Mill Route**

Polarity: neutral

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

Why it applies: The metallurgical flowsheet mentions 'carbon-in-leach \(CIL\)' for additional gold recovery.

Evidence · text

> carbon-in-leach \(CIL\) for additional gold recovery

## Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

## Drill Results (25)

### GS2515

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-0)

Golden Summit · gold

#### Identity

- Hole ID: GS2515
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 3
- Grade Unit: g/t
- Intercept: 15.3 m
- From: 84.4 m
- To: 99.7 m
- Hole Depth: 602.5 m
- Intercept Depth: 84.4 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 3.00 g/t Au over 15.3m is a good grade and width for an open pit gold project, contributing positively to the resource definition.

- Positive factor: High-grade gold intercept.

- Negative factor: True width not determined.

Evidence · table

> 3.00

Context: 15.3

### GS2515

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-1)

Golden Summit · gold

#### Identity

- Hole ID: GS2515
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 0.81
- Grade Unit: g/t
- Intercept: 5.2 m
- From: 142.3 m
- To: 147.5 m
- Hole Depth: 602.5 m
- Intercept Depth: 142.3 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept is of moderate grade and narrow width, contributing to overall resource but not a highlight.

- Negative factor: Lower grade for an open pit gold project.

- Negative factor: True width not determined.

Evidence · table

> 0.81

Context: 5.2

### GS2515

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-2)

Golden Summit · gold

#### Identity

- Hole ID: GS2515
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 13.53
- Grade Unit: g/t
- Intercept: 6.4 m
- From: 175.3 m
- To: 181.7 m
- Hole Depth: 602.5 m
- Intercept Depth: 175.3 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: An intercept of 13.53 g/t Au over 6.4m is an exceptional grade for an open pit gold project, significantly enhancing the resource potential.

- Positive factor: Exceptional high-grade gold intercept for an open pit project.

- Negative factor: True width not determined.

Evidence · table

> 13.53

Context: 6.4

### GS2515

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-3)

Golden Summit · gold

#### Identity

- Hole ID: GS2515
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 3.06
- Grade Unit: g/t
- Intercept: 4.9 m
- From: 227.9 m
- To: 232.8 m
- Hole Depth: 602.5 m
- Intercept Depth: 227.9 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 3.06 g/t Au over 4.9m is a strong grade for an open pit gold project, contributing positively to the resource.

- Positive factor: Strong high-grade gold intercept.

- Negative factor: True width not determined.

Evidence · table

> 3.06

Context: 4.9

### GS2515

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-4)

Golden Summit · gold

#### Identity

- Hole ID: GS2515
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 1.71
- Grade Unit: g/t
- Intercept: 9.1 m
- From: 303.9 m
- To: 313 m
- Hole Depth: 602.5 m
- Intercept Depth: 303.9 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 1.71 g/t Au over 9.1m is a moderate grade and width for an open pit gold project, adding to the resource.

- Positive factor: Moderate grade gold intercept.

- Negative factor: True width not determined.

Evidence · table

> 1.71

Context: 9.1

### GS2515

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-5)

Golden Summit · gold

#### Identity

- Hole ID: GS2515
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 0.79
- Grade Unit: g/t
- Intercept: 20.4 m
- From: 396.2 m
- To: 416.6 m
- Hole Depth: 602.5 m
- Intercept Depth: 396.2 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -80 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 0.79 g/t Au over 20.4m is a lower grade but moderate width, contributing to the overall resource.

- Positive factor: Moderate width intercept.

- Negative factor: Lower grade for an open pit gold project.

- Negative factor: True width not determined.

Evidence · table

> 0.79

Context: 20.4

### GS2531

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-6)

Golden Summit · gold

#### Identity

- Hole ID: GS2531
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 9.33
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 35.6 m
- To: 38.7 m
- Hole Depth: 703.2 m
- Intercept Depth: 35.6 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: An intercept of 9.33 g/t Au over 3.1m is an exceptional grade for an open pit gold project, particularly being near-surface, which is positive for a starter pit.

- Positive factor: Exceptional high-grade gold intercept for an open pit project.

- Positive factor: Near-surface intercept, supporting starter pit concept.

- Negative factor: True width not determined.

Evidence · table

> 9.33

Context: 3.1

### GS2531

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-7)

Golden Summit · gold

#### Identity

- Hole ID: GS2531
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 2.05
- Grade Unit: g/t
- Intercept: 8.8 m
- From: 53.9 m
- To: 62.7 m
- Hole Depth: 703.2 m
- Intercept Depth: 53.9 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 2.05 g/t Au over 8.8m is a strong grade and width for an open pit gold project, supporting the resource model.

- Positive factor: Strong high-grade gold intercept.

- Negative factor: True width not determined.

Evidence · table

> 2.05

Context: 8.8

### GS2531

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-8)

Golden Summit · gold

#### Identity

- Hole ID: GS2531
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 9.51
- Grade Unit: g/t
- Intercept: 2.4 m
- From: 81.4 m
- To: 83.8 m
- Hole Depth: 703.2 m
- Intercept Depth: 81.4 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: An intercept of 9.51 g/t Au over 2.4m is an exceptional grade for an open pit gold project, contributing significantly to the resource.

- Positive factor: Exceptional high-grade gold intercept for an open pit project.

- Negative factor: True width not determined.

Evidence · table

> 9.51

Context: 2.4

### GS2531

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-9)

Golden Summit · gold

#### Identity

- Hole ID: GS2531
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 1.06
- Grade Unit: g/t
- Intercept: 41.1 m
- From: 102.4 m
- To: 143.5 m
- Hole Depth: 703.2 m
- Intercept Depth: 102.4 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 1.06 g/t Au over 41.1m is a strong width with a moderate grade for an open pit gold project, indicating good continuity.

- Positive factor: Strong width intercept with moderate grade.

- Negative factor: True width not determined.

Evidence · table

> 1.06

Context: 41.1

### GS2531

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-10)

Golden Summit · gold

#### Identity

- Hole ID: GS2531
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 0.87
- Grade Unit: g/t
- Intercept: 31.2 m
- From: 330.3 m
- To: 361.5 m
- Hole Depth: 703.2 m
- Intercept Depth: 330.3 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 0.87 g/t Au over 31.2m is a moderate width with a lower grade, contributing to the overall resource.

- Positive factor: Moderate width intercept.

- Negative factor: Lower grade for an open pit gold project.

- Negative factor: True width not determined.

Evidence · table

> 0.87

Context: 31.2

### GS2531

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-11)

Golden Summit · gold

#### Identity

- Hole ID: GS2531
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 1.53
- Grade Unit: g/t
- Intercept: 191.3 m
- From: 386.2 m
- To: 577.5 m
- Hole Depth: 703.2 m
- Intercept Depth: 386.2 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 1.53 g/t Au over 191.3m is an exceptional width with a strong grade for an open pit gold project, representing a highly material result that confirms continuous mineralization.

- Positive factor: Exceptional width intercept with strong grade for an open pit project.

- Positive factor: Confirms strong, continuous mineralization in the Dolphin Zone.

- Negative factor: True width not determined.

Evidence · table

> 1.53

Context: 191.3

### GS2508

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-12)

Golden Summit · gold

#### Identity

- Hole ID: GS2508
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 1.05
- Grade Unit: g/t
- Intercept: 120.7 m
- From: 224.6 m
- To: 345.3 m
- Hole Depth: 502 m
- Intercept Depth: 224.6 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 1.05 g/t Au over 120.7m is an exceptional width with a moderate grade for an open pit gold project, confirming resource model continuity in the Cleary Zone.

- Positive factor: Exceptional width intercept with moderate grade for an open pit project.

- Positive factor: Demonstrates strong correlation with the current resource model.

- Negative factor: True width not determined.

Evidence · table

> 1.05

Context: 120.7

### GS2508

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-13)

Golden Summit · gold

#### Identity

- Hole ID: GS2508
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 0.91
- Grade Unit: g/t
- Intercept: 8.9 m
- From: 364.8 m
- To: 373.7 m
- Hole Depth: 502 m
- Intercept Depth: 364.8 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 0.91 g/t Au over 8.9m is a moderate width with a lower grade, contributing to the overall resource.

- Positive factor: Moderate width intercept.

- Negative factor: Lower grade for an open pit gold project.

- Negative factor: True width not determined.

Evidence · table

> 0.91

Context: 8.9

### GS2517

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-14)

Golden Summit · gold

#### Identity

- Hole ID: GS2517
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 0.64
- Grade Unit: g/t
- Intercept: 68.9 m
- From: 477.6 m
- To: 546.5 m
- Hole Depth: 593.4 m
- Intercept Depth: 477.6 m

#### Classification

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

#### Location

- Azimuth: 360 °
- Dip: -75 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 0.64 g/t Au over 68.9m is a strong width but lower grade, and the hole was abandoned, which adds a negative factor.

- Positive factor: Strong width intercept.

- Negative factor: Lower grade for an open pit gold project.

- Negative factor: True width not determined.

- Negative factor: Hole was abandoned due to challenging ground conditions.

Evidence · table

> 0.64

Context: 68.9

### GS2524

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-15)

Golden Summit · gold

#### Identity

- Hole ID: GS2524
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 1.34
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 17.4 m
- To: 23.5 m
- Hole Depth: 413.3 m
- Intercept Depth: 17.4 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 1.34 g/t Au over 6.1m is a moderate grade and width for an open pit gold project.

- Positive factor: Moderate grade gold intercept.

- Negative factor: True width not determined.

Evidence · table

> 1.34

Context: 6.1

### GS2524

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-16)

Golden Summit · gold

#### Identity

- Hole ID: GS2524
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 1.12
- Grade Unit: g/t
- Intercept: 6.7 m
- From: 141.7 m
- To: 148.4 m
- Hole Depth: 413.3 m
- Intercept Depth: 141.7 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 1.12 g/t Au over 6.7m is a moderate grade and width for an open pit gold project.

- Positive factor: Moderate grade gold intercept.

- Negative factor: True width not determined.

Evidence · table

> 1.12

Context: 6.7

### GS2524

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-17)

Golden Summit · gold

#### Identity

- Hole ID: GS2524
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 3.36
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 203.3 m
- To: 209.4 m
- Hole Depth: 413.3 m
- Intercept Depth: 203.3 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 3.36 g/t Au over 6.1m is a strong grade for an open pit gold project, contributing positively to the resource.

- Positive factor: Strong high-grade gold intercept.

- Negative factor: True width not determined.

Evidence · table

> 3.36

Context: 6.1

### GS2528

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-18)

Golden Summit · gold

#### Identity

- Hole ID: GS2528
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 0.98
- Grade Unit: g/t
- Intercept: 16.7 m
- From: 86 m
- To: 102.7 m
- Hole Depth: 721.2 m
- Intercept Depth: 86 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 0.98 g/t Au over 16.7m is a moderate width with a lower grade, contributing to the overall resource.

- Positive factor: Moderate width intercept.

- Negative factor: Lower grade for an open pit gold project.

- Negative factor: True width not determined.

Evidence · table

> 0.98

Context: 16.7

### GS2528

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-19)

Golden Summit · gold

#### Identity

- Hole ID: GS2528
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 35.09
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 325.2 m
- To: 328.3 m
- Hole Depth: 721.2 m
- Intercept Depth: 325.2 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: An intercept of 35.09 g/t Au over 3.1m is an exceptional grade for an open pit gold project, significantly enhancing the resource potential.

- Positive factor: Exceptional high-grade gold intercept for an open pit project.

- Negative factor: True width not determined.

Evidence · table

> 35.09

Context: 3.1

### GS2528

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-20)

Golden Summit · gold

#### Identity

- Hole ID: GS2528
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 1.6
- Grade Unit: g/t
- Intercept: 57.9 m
- From: 416.7 m
- To: 474.6 m
- Hole Depth: 721.2 m
- Intercept Depth: 416.7 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 1.60 g/t Au over 57.9m is an exceptional width with a strong grade for an open pit gold project, indicating good continuity.

- Positive factor: Exceptional width intercept with strong grade for an open pit project.

- Negative factor: True width not determined.

Evidence · table

> 1.60

Context: 57.9

### GS2528

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-21)

Golden Summit · gold

#### Identity

- Hole ID: GS2528
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 0.7
- Grade Unit: g/t
- Intercept: 29.9 m
- From: 514.2 m
- To: 544.1 m
- Hole Depth: 721.2 m
- Intercept Depth: 514.2 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 0.70 g/t Au over 29.9m is a moderate width with a lower grade, contributing to the overall resource.

- Positive factor: Moderate width intercept.

- Negative factor: Lower grade for an open pit gold project.

- Negative factor: True width not determined.

Evidence · table

> 0.70

Context: 29.9

### GS2528

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-22)

Golden Summit · gold

#### Identity

- Hole ID: GS2528
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 1.78
- Grade Unit: g/t
- Intercept: 61 m
- From: 559.9 m
- To: 620.9 m
- Hole Depth: 721.2 m
- Intercept Depth: 559.9 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: This intercept of 1.78 g/t Au over 61.0m is an exceptional width with a strong grade for an open pit gold project, indicating good continuity.

- Positive factor: Exceptional width intercept with strong grade for an open pit project.

- Negative factor: True width not determined.

Evidence · table

> 1.78

Context: 61.0

### GS2528

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-23)

Golden Summit · gold

#### Identity

- Hole ID: GS2528
- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Geometry

- Grade: 35.65
- Grade Unit: g/t
- Intercept: 2.1 m
- From: 670.6 m
- To: 672.7 m
- Hole Depth: 721.2 m
- Intercept Depth: 670.6 m

#### Classification

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

#### Location

- Azimuth: 0 °
- Dip: -90 °

#### QA/QC

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

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: An intercept of 35.65 g/t Au over 2.1m is an exceptional grade for an open pit gold project, significantly enhancing the resource potential.

- Positive factor: Exceptional high-grade gold intercept for an open pit project.

- Negative factor: True width not determined.

Evidence · table

> 35.65

Context: 2.1

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/freegold-intersects-1-53-g-t-au-over-191-3m-in-infill-drilling-at-golden-summit--f0afe1bf-7cbf-4ef0-9e7f-9d53055358a8#fact-drill-facts-24)

Golden Summit · gold

#### Identity

- Project: Golden Summit
- Commodity: gold
- Ticker: FVL

#### Deleterious

- Deleterious Flag: No

#### Review

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

#### Dates

- Event date: 2025-12-04T00:00:00.000Z

Reasoning: Achieving gold recovery rates exceeding 90% through a comprehensive flowsheet, including sulphide-oxidizing techniques, is a highly positive metallurgical outcome, de-risking the project's processing strategy. The low acid generation potential of tailings is also a significant positive.

- Positive factor: High gold recovery rates achieved.

- Positive factor: Comprehensive flowsheet addressing sulphide mineralization.

- Positive factor: Tailings classified as low risk for acid generation and low arsenic levels.

- Negative factor: Implies refractory ore requiring complex processing.

Evidence · text

> Gold recovery rates exceeding 90% have been achieved using a flowsheet that includes gravity concentration, flotation to produce a cleaner concentrate, and subsequent treatment with sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™, producing feed for carbon-in-leach \(CIL\) for additional gold recovery.

## 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.