Freegold Continues to Intersect Greater-Grade in WOW Zone Intersecting 2.31 g/t Au over 65.4m

Freegold Ventures Restricted (TSX: FVL) (OTCQX: FGOVF) is happy to report outcomes from the primary 5 (5) drill holes at Golden Summit which represents all assays acquired. The 2025 drilling program goals to improve inferred mineral assets to indicated assets via focused infill drilling, geotechnical drilling, and metallurgical take a look at holes.

Highlights: WOW Zone continues to show increased grade potential

2025 PROGRAM

• Drilling is underway with 4 rigs
• Conversion of inferred assets into indicated & additional exploration drilling and geotechnical drilling.
• 5TH Rig to start drilling mid-September
• 29 holes (18,361m) accomplished up to now:
• Ongoing metallurgical work, specializing in flowsheet optionality with sulphide oxidation is a key a part of our technique to maximise the potential of the useful resource.
• Graduation of a Pre-Feasibility Research (PFS)

29 holes (18,361m) have been accomplished, and 4 drill holes are in progress. Two large-diameter core holes (PQ) have been drilled for additional metallurgical testing. Geotechnical drilling, together with geochemical and metallurgical testing, is being carried out to reinforce processing strategies.

In preparation for the upcoming deliberate pre-feasibility examine, different web site actions embrace:

• Putting in vibrating wire piezometers (VWPs) to observe groundwater ranges and gradients in drill holes.
• Accumulating floor water samples.
• Planning mammal and habitat surveys to determine baseline knowledge.
• Performing cultural useful resource research, together with paleontological assessments, for overview by the State Historic Preservation Workplace (SHPO) and federal businesses, with mitigation plans developed as needed.
• Mapping and evaluating wetlands to create and mitigation plan if needed.
• Persevering with geological mapping and figuring out extra exploration targets for additional refinement.

Metallurgical testing is presently underway at BaseMet Labs in Kamloops, BC. A brand new grasp composite, consisting of over 1,500 kg of fabric sourced from 12 drill holes, has been ready.

The principle targets of the 2025 program utilizing this new grasp composite are as follows:

• Confirming the metallurgical response of the Golden Summit useful resource through the use of a pattern that comes with a bigger spatial and volumetric illustration of fabric.

Start optimizing the important thing financial drivers of the method flowsheet design, which incorporates:

• Figuring out the optimum main grinding measurement and evaluating gravity and flotation recoveries.
• Bettering the cleaner flotation focus grade and restoration.
• Producing a ample amount of sulfide focus to conduct optimisation of oxidation assessments utilizing three commercially obtainable processes which have confirmed efficient for Golden Summit materials. These processes are:
  • Stress Oxidation – POX CIL TESTWORK TO DATE OVER 92%
  • Biox – BIOX CIL TESTWORK TO DATE OVER 91%
  • Albion – ALBION PROCESS™ OXIDATION-CIL OVER 93%
• Additional investigating and characterizing the environmental impression of flowsheet merchandise and tailings.

Two holes from the 2025 drill program, designated as PQ core GS2507 and GS2512, have been acquired at BaseMet and will likely be built-in into the continuing PQ core take a look at program as soon as assays are acquired. This program goals to guage the comminution parameters of the Golden Summit deposit throughout numerous lithologies, alteration, and areas.

Wow Zone – GS2502 and GS2505

Infill drilling inside the WOW Zone is ongoing and continues to substantiate the presence of higher-grade materials on this promising space. Gap GS2502 was drilled to the northwest and intersected 4.28 g/t Au over 28.7m, from a depth of 44.2m, with an extra 4.20 g/t Au over 9m from a depth of 305.9 meters. Gap GS2505 drilled to the north and collared 150m southeast of GS2502 returned 2.31 g/t Au over 65.4m from 424.4m.

Cleary Hill Space – Holes GS2501 and GS2503

GS2501 – positioned within the Cleary Hill Space, was drilled to the north and was supposed to assist outline the northern limits of the deposit within the Cleary space. Gap GS2503 was drilled 250m to the southeast of GS2501 and served as an infill gap. It intersected 0.93g/t Au over 77.6m from floor and a number of other higher-grade zones, together with 1.36 g/t Au over 36.6m from a depth of 425.8m. A high-grade intercept of 62.3 g/t Au over 2.7m was additionally returned from 508.1 – 510.8m.

Dolphin Space – GS2504

GS2504 was drilled on the northeastern flank of the Dolphin Zone, additional infilling this space and offering extra affirmation of broader zones of upper grade via infill drilling. A high-grade intercept of 81.45 g/t Au over 0.6m was additionally intercepted at 100.3m, and a wider zone of 1.41 g/t over 119m was additionally intercepted from a depth of 264m.

Hyperlinks to the Plan and Part 479550E

https://freegoldventures.com/web site/belongings/information/6287/e479550.pdf
https://freegoldventures.com/web site/belongings/information/6287/nr_planmap_2025_drilling_20250904.jpeg

HQ Core is logged, photographed and reduce in half utilizing a diamond noticed, and one-half positioned in sealed baggage for preparation and subsequent geochemical evaluation by MSA Laboratories in Fairbanks, Alaska. At MSALABS, your entire pattern will likely be dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle break up will likely be analyzed for gold utilizing CHRYSOS PhotonAssay™ (CPA-Au1). From this, 250g will likely be additional riffle break up from the unique PhotonAssay™ pattern, pulverized, and a 0.25g sub-sample analysed for multi-element geochemistry utilizing MSA’s IMS230 bundle, which incorporates 4-acid digestion and ICP-MS end. MSALABS operates beneath ISO/IEC 17025 and ISO 9001 licensed high quality programs. A QA/QC program contains laboratory and discipline requirements inserted each ten samples. Blanks are inserted firstly of the submittal, and a minimum of one clean each 25 requirements.

The Certified Individual for this launch is Alvin Jackson, P.Geo., Vice President of Exploration and Growth for Freegold, who has accredited the scientific and technical disclosure on this information launch.

About Freegold Ventures Restricted
Freegold is a TSX-listed firm targeted on exploration in Alaska.

Some statements on this information launch comprise forward-looking info, together with, with out limitation, statements as to deliberate expenditures and exploration packages, potential mineralization and assets, exploration outcomes, the completion of an up to date NI 43-101 technical report, and another future plans. These statements tackle future occasions and situations and, as such, contain identified and unknown dangers, uncertainties, and different components which can trigger the precise outcomes, efficiency, or achievements to be materially totally different from any future outcomes, efficiency, or achievements expressed or implied by the statements. Such components embrace, with out limitation, the completion of deliberate expenditures, the flexibility to finish exploration packages on schedule, and the success of exploration packages. See Freegold’s Annual Info Type for the yr ended December thirty first, 2024, filed beneath Freegold’s profile at www.sedar.com, for an in depth dialogue of the danger components related to Freegold’s operations. On January 30, 2020, the World Well being Group declared the COVID-19 outbreak a worldwide well being emergency. Reactions to the unfold of COVID-19 proceed to result in, amongst different issues, important restrictions on journey, enterprise closures, quarantines, and a normal discount in financial exercise. Whereas these results have been diminished in latest months, the continuation and re-introduction of serious restrictions, enterprise disruptions, and associated monetary impression, and the length of any such disruptions can’t be moderately estimated. The dangers to Freegold of such public well being crises additionally embrace worker well being and security dangers and a slowdown or short-term suspension of operations in geographic areas impacted by an outbreak. Such public well being crises, in addition to international geopolitical crises, can lead to volatility and disruptions within the provide and demand for numerous services, international provide chains, and monetary markets, in addition to declining commerce and market sentiment and diminished mobility of individuals, all of which might have an effect on rates of interest, credit score scores, credit score danger, and inflation. Because of the COVID-19 outbreak, Freegold has carried out a COVID administration program and established a full-service Camp at Golden Summit to aim to mitigate dangers to its workers, contractors, and neighborhood. Whereas the extent to which COVID-19 might impression Freegold is unsure, it’s potential that COVID-19 might have a fabric antagonistic impact on Freegold’s enterprise, outcomes of operations, and monetary situation.

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