FREEMAN GOLD ENGAGES ADDITIONAL ENVIRONMENTAL CONTRACTORS FOR LEMHI PERMITTING

Freeman Gold announced on 8 Apr 2026 that it has engaged three additional technical specialists – Spheros Environmental, Catena Consulting and ARH Archaeology – to conduct baseline environmental and cultural resource studies for its Lemhi Gold Project in Idaho. The work will be coordinated with lead permitting consultant GSI Environmental and is slated for completion in spring/summer 2026. The effort expands the company’s permitting‑support team and aims to solidify data needed for future NEPA, state and federal approvals.

• Scope: The announcement adds no new financing, resource estimate or production forecast; it merely broadens the contractor base supporting an already‑ongoing permitting programme.
• Expectation vs. reality: Freeman has been publicly communicating a step‑wise permitting plan since Jan 2026 (GSI engagement). Adding three firms is consistent with that roadmap and therefore expected by the market.
• Impact on valuation: Because the news does not alter the economic model, cash flow outlook or risk profile, its effect on share price should be modest. The incremental cost of hiring specialists is marginal relative to the $10‑$15 M capital already raised for Lemhi.
• Conclusion: The update is a positive operational milestone but routine in nature; it does not constitute a material catalyst.

Freeman Gold Corp. focuses on the Lemhi Gold Project (Idaho, USA), a 100 % owned open‑pit gold deposit. The current NI 43‑101 compliant resource stands at ~1.22 Moz Au (Measured & Indicated) at 0.79 g/t within 48.3 Mt, plus ~0.24 Moz Inferred. A feasibility study is slated for late Q1 2026, with the project targeting ~75–80 koz annual production over an 11‑year mine life.