Northwire Canada EditionThursday, October 15, 2026
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Production / Operations Routine +

FREEMAN GOLD ADVANCES BASELINE SOIL AND GEOCHEMISTRY PROGRAMS AT THE LEMHI GOLD PROJECT

Freeman advances Lemhi permitting with baseline soil and geochemistry work.

By The Northwire Desk — AI Analysis Sep 21, 2026 · 07:30 FMAN · 0.415 Freeman Gold Corp.
Executive Summary

Freeman Gold Corp. (FMAN) has initiated baseline soil and geochemistry programs at its 100%-owned Lemhi Gold Project in Idaho. The soil survey encompasses approximately 1,300 acres and is designed to support reclamation planning and compliance with Salmon-Challis National Forest requirements. Additionally, a Phase 1 geochemical characterization program is currently evaluating mine materials, including ore, waste rock, and tailings, to assess acid drainage potential and leaching risks.

These activities precede the company’s June 2026 Feasibility Study, which confirmed a 1.0 million ounce Proven and Probable Mineral Reserve. The study outlined a 15.2-year mine life and a post-tax NPV(5%) of US$696 million, based on a base case gold price of US$3,650/oz. To date, the project’s drilling history consists of 525 holes totaling 92,696 meters.

Material Impact

Freeman Gold Corp. (FMAN) announced a routine step in its environmental baseline and permitting process, following the June 2026 Feasibility Study and previous vegetation, aquatic, water, and air surveys. The update confirms management is executing on the permitting strategy to de-risk the project for future regulatory submissions. No new financial metrics, resource updates, or permitting milestones are disclosed. The update provides incremental operational progress but does not alter the fundamental economics, valuation, or development timeline.

FMAN · Price
Company Overview

Freeman Gold Corp. is an exploration and development company focused on the Lemhi Gold Project in Lemhi County, Idaho, USA. The project is a near-surface oxide gold deposit on patented claims covering more than 90% of known mineralization and is currently in the advanced exploration and feasibility stage.

A feasibility study released in June 2026 outlined 1.0 moz of proven and probable reserves, a 15.2-year mine life, a $696M post-tax NPV(5%), a 34.4% IRR, and a 2.5-year payback at $3,650/oz gold. Metallurgy tests indicate high gold recoveries averaging 95.4% via a simple, conventional Carbon-in-Leach (CIL) flowsheet with low reagent consumption.

Read the original news release →

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Oct 08, 2026 · 07:30

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