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

Executive Summary

• Freegold Ventures reported high‑grade intercepts in the WOW Zone, including 4.28 g/t Au over 28.7 m and 2.31 g/t Au over 65.4 m.
• The 2025 drilling program has completed 29 holes (18,361 m) with additional rigs mobilized; a fifth rig starts mid‑September.
• Metallurgical testing is underway on a new 1,500 kg master composite to optimize flowsheet design ahead of a pre‑feasibility study.

Key Details

• WOW Zone – Hole GS2502: 4.28 g/t Au over 28.7 m (44.2–72.9 m); additional 4.20 g/t Au over 9 m (305.9–315 m).
• WOW Zone – Hole GS2505: 2.31 g/t Au over 65.4 m (424.4–489.8 m).
• Cleary Hill – Hole GS2503: 62.3 g/t Au over 2.7 m (508.1–510.8 m) plus multiple lower‑grade zones up to 1.36 g/t Au over 36.6 m.
• Dolphin Area – Hole GS2504: 81.45 g/t Au over 0.6 m at 100.3 m; 1.41 g/t Au over 119 m from 264 m depth.
• Total drilling to date: 29 holes, 18,361 m completed; four additional holes in progress.
• Program activities: installation of vibrating wire piezometers, surface water sampling, wildlife and cultural resource surveys, wetland mapping, continued geological mapping and target identification.
• Metallurgical program: preparation of a 1,500 kg master composite from 12 drill holes; testing at BaseMet Labs to evaluate primary grinding size, gravity & flotation recoveries, cleaner concentrate grade, sulfide concentrate production for POX, BIOX, and Albion oxidation processes (target >90% recovery).
• Pre‑Feasibility Study (PFS) preparation underway.
• Qualified Person: Alvin Jackson, P.Geo., VP Exploration & Development, has approved the technical disclosure.

Notable Quotes

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