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Highlights of GlassLock Course of™ Efficiency
- Gold Focus Improve: The gold grade of the focus elevated by 47%, reaching 24.7g/t Au, with no measurable gold loss through the GlassLock Course of™, and a direct-to-smelter saleable focus may be produced
- Arsenic Discount: Arsenic content material was considerably lowered from 7.34% to 0.17%, representing a discount of over 98%.
- Sulphide Sulphur Discount: Sulphide sulphur ranges decreased from 28.8% to twenty.8%, a 39% discount.
- Environmental Characterization The first byproduct produced by the GlassLock Course of™ is a steady, insoluble, arsenic-rich glass that has been characterised as non-toxic below the Environmental Safety Company’s Methodology 1311 Toxicity Attribute Leaching Process.
Freegold Ventures Restricted (TSX: FVL,OTC:FGOVF) (OTCQX: FGOVF) (“Freegold”) is happy to announce additional promising metallurgical outcomes from its ongoing testwork on the Golden Summit Venture, located close to Fairbanks, Alaska. Earlier this yr, Freegold undertook a metallurgical check program, which was accomplished by Dundee Sustainable Applied sciences (DST), particularly designed to evaluate the effectiveness of DST’s GlassLock Course of™ on materials sourced from the Golden Summit property. The outcomes point out {that a} saleable gold focus may very well be produced straight from Golden Summit materials, with over 98% of the arsenic eliminated and included right into a steady glass by-product.
Check work Targets:
- Conduct preliminary laboratory testwork and full characterization of sulphide focus materials from the Golden Summit Venture.
- Consider the technical feasibility and advantages of integrating DST’s GlassLock Course of™ for arsenic removing and stabilization.
- Display the flexibility to provide a focus with broad marketability to numerous smelters and/or metallic merchants.
Pattern Preparation and Testing
To facilitate the analysis, a 1-kilogram pattern of gold-bearing sulphide focus was produced from locked-cycle flotation testwork at BaseMet Labs from a composite from 12 drill holes of Golden Summit materials. This pattern was shipped to DST, a subsidiary of Dundee Company (TSX: DC.A), for testing. The outcomes of this program have been extraordinarily optimistic and inspiring for Freegold because it advances the mission by means of Pre-Feasibility. The success of this testwork offers one other avenue for consideration through the PFS.
Pre-Feasibility Research (“PFS”)
The Pre-Feasibility Research is being developed to help a strategic method for the Golden Summit Venture. Given the useful resource’s scale and the anticipated capital wants, the research will give attention to phased growth and thorough trade-off analyses for analysis. With optimistic metallurgical outcomes already achieved from numerous processes, work is now advancing in direction of pilot-plant-scale testing to provide enough focus to proceed optimizing the oxidation strategies. The three oxidation processes examined previous to the GlassLock Course of™, have all proven recoveries exceeding 90%. Moreover, outcomes from easy gravity and CIL strategies recommend there’s nonetheless potential to optimize a streamlined metallurgical course of along with the PFS.
The research will systematically discover totally different choices, together with various pit-shell configurations and metallurgical restoration strategies. Present drilling efforts are aimed toward infill drilling and defining a higher-grade starter pit. Ongoing efforts to optimize the potential starter pit space and consider potential energy provide trade-offs are ongoing. These actions will run in parallel with geotechnical drilling when drilling resumes in February 2026.
Supporting research, corresponding to environmental, baseline, and archaeological assessments, are progressing properly, whereas metallurgical testing continues as a key a part of the PFS flowsheet growth.
In 2025, 62 drill holes have been accomplished, with assay outcomes nonetheless pending. Reducing and sampling of drill core will proceed by means of the winter break, and assays will probably be reported over the approaching months. The info from the 2025 and early 2026 drilling packages will probably be used to revise the mineral useful resource estimate (MRE) revealed in July 2025, which indicated 17.2 million ounces at 1.24 g/t Au (indicated) and 11.9 million ounces at 1.04 g/t Au (inferred) utilizing a 0.5 g/t minimize off and a gold value of US$2,490. The up to date MRE and additional drilling in 2026 will type the idea for the PFS, scheduled for completion in early 2027.
The Certified Individual for this launch is Alvin Jackson, P.Geo., Vice President of Exploration and Growth for Freegold, who has accepted the scientific and technical disclosure on this information launch.
About Freegold Ventures Restricted
Freegold is a TSX-listed firm centered on exploration in Alaska.
Some statements on this information launch include 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 every other future plans. These statements deal with future occasions and circumstances and, as such, contain recognized and unknown dangers, uncertainties, and different elements 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 elements embody, 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 Data Type for the yr ended December thirty first, 2024, filed below Freegold’s profile at www.sedar.com, for an in depth dialogue of the danger elements related to Freegold’s operations.
SOURCE Freegold Ventures Restricted
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