FREEMAN GOLD COMMENCES PHASE FOUR METALURGICAL TEST WORK IN SUPPORT OF FEASIBILITY STUDY AT THE LEMHI GOLD PROJECT

Original announcement by tmx on

Company
Freeman Gold Corp.
Ticker
FMAN
Exchange
TSX
Region
British Columbia
Primary commodity
Gold
Secondary commodities
Silver, Copper
Document categories
Metallurgy
Extracted
2026-08-25 10:45:03 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Freeman Gold Corp. has awarded a contract to Base Metallurgical Laboratories Ltd. to conduct phase four metallurgical testing at the Lemhi Gold Project. This work aims to refine the optimized flowsheet (gravity + CIL) in support of the upcoming Feasibility Study.

Reasoning: The company is advancing to phase four metallurgical testing to support a Feasibility Study, building on strong historical recovery results (95-97.5% Au).

Positive factors

  • high historical gold recoveries
  • optimized flowsheet identified
  • contract awarded for feasibility-level testing

Negative factors

  • lower recoveries noted with higher copper content

Facts used in scoring: 3

Classification and evidence

Mill Routeneutral

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

Why it applies: The optimized flowsheet utilizes a CIL (Carbon-In-Leach) processing facility.

Evidence · text

“utilizes a CIL processing facility”

High Recoverypositive

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

Why it applies: Historical gold recoveries reported at 95% to 97.5% using CIL.

Evidence · text

“This flowsheet produced combined gold recoveries of 97.5 % and 96.3%”

QA/QC Disclosedpositive · Story-specific tag

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

Why it applies: The release mentions testing in duplicate and the use of a professional laboratory (Base Met).

Evidence · text

“each composite was assayed for gold in duplicate.”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Metallurgical Results (3)

Fact 1goldRecovery: 97.5 %Head Grade: 1.94Head Grade Unit: g/t AuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Ticker
FMAN

Test Work

Sample
MC1 (Master Comp 1)

Recovery

Recovery
97.5 %
Recovery Basis
actual_test
Head Grade
1.94
Head Grade Unit
g/t Au

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-31T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: Historical high-grade recovery result from Phase 3 testing.

Positive factors

  • high recovery

Evidence · text

“Master Comp 1 (" MC1 ") and Master Comp 2 (" MC2 ") contained 1.94 and 1.18 grams per tonne gold, (" g/t Au ") respectively.”
Fact 2goldRecovery: 96.3 %Head Grade: 1.18Head Grade Unit: g/t AuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Ticker
FMAN

Test Work

Sample
MC2 (Master Comp 2)

Recovery

Recovery
96.3 %
Recovery Basis
actual_test
Head Grade
1.18
Head Grade Unit
g/t Au

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-07-31T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: Historical high-grade recovery result from Phase 3 testing.

Positive factors

  • high recovery

Evidence · text

“Master Comp 1 (" MC1 ") and Master Comp 2 (" MC2 ") contained 1.94 and 1.18 grams per tonne gold, (" g/t Au ") respectively.”
Fact 3goldRecovery: 95 %Head Grade: 1.02Head Grade Unit: g/t AuHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Ticker
FMAN

Test Work

Sample
38 variability samples (Phase 1 and 2)

Recovery

Recovery
95 %
Recovery Basis
actual_test
Head Grade
1.02
Head Grade Unit
g/t Au

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: Historical average recovery from early-stage testing.

Positive factors

  • consistent high recovery

Evidence · text

“Gold cyanidation extractions averaged 95%, based on 38 variability samples, with head grades ranging from 0.2 g/t to 10.9 g/t Au, and averaging 1.02 g/t Au.”

How Atlas produces this analysis

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