Freegold Ventures Limited

Freegold Ventures Limited

  • 2303 West 41st Avenue
  • Vancouver, British Columbia
  • V6M 2A3

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Description

September 23rd, 2013 (Vancouver, BC) -- Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) (" Freegold ") is pleased to provide an update on its 2013 exploration efforts to date. Over past 12 months Freegold has continued to make significant progress at Golden Summit. To date 5,138 metres (16,850 feet) of drilling has been completed at Golden Summit in 2013. In June Freegold updated it's current resource to include 8 of holes drilled during the Winter 2013 program.

Freegold is a TSX listed company focused on the exploration of gold projects in Alaska. In addition to the Golden Summit Gold Project, the company holds a 100% lease interest in the Rob Gold Project near the Pogo Gold Mine in the Goodpaster Mining District of Alaska and has an exploration agreement with option to lease the Vinasale Gold project in central Alaska where a 5,000 metre drill program is currently in progress.

The Company's shareholders also approved the appointment of James Stafford, Inc., Chartered Accountants as the auditors of the Company. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Information Circular dated May 21, 2014 which is filed under the Company's profile at www.sedar.com.

Freegold is a TSX listed company focused on the exploration of gold projects in Alaska. In addition to the Golden Summit project, the company holds a 100% in lease interest in the Rob project near the Pogo gold mine in the Goodpaster Mining District of Alaska and has an exploration agreement with an option to lease the Vinasale project in central Alaska.

Freegold is a TSX listed company focused on the exploration of gold projects in Alaska. The Golden Summit project currently hosts an NI 43-101 compliant indicated resource of 79,800,000 tonnes averaging 0.66 g/t Au for 1,683,000 ounces, and an inferred resource of 248,060,000 tonnes averaging 0.61 g/t Au for 4,841,000 ounces using a 0.3 g/t as a possible open pit cut off.

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