A Major Gold Resource with an under $4.00/ oz discovery cost

Freegold completed an updated Mineral Resource Estimate (MRE) in February 2023 on Golden Summit using a $1,792 gold price and a 0.45 g/t cut off which highlights a primary indicated gold resource of 12 million ounces in the indicated category (0.92 g/t Au) and 7.7 million ounces in the inferred category (0.85 g/t Au).

Excellent Infrastructure in a Prolific Gold District

  • Located a 30-minute drive from Fairbanks, Alaska
  • Since 2020 over 100,000 metres have been drilled at Golden Summit – resulting in a significant resource update.
  • Paved highway road access
  • High Tension power line located 7 km away
  • Existing labour force and supply centre in Fairbanks
Golden Summit overview map
Golden Summit overview map

Kinross’s Fort Knox has produced +8M ounces through year round milling and heap leaching over its +25 year mine life

Major Milestones