Freegold hunts Alaskan gold at Golden Summit

摘要

Freegold Ventures (FVL-V) hopes to be the next big thing in Alaskan gold country, with projects in areas that have proven resource-rich for Sumitomo Metal Mining and Kinross Gold (K-T, KGC-N).Freegold's Golden Summit project is located near Fairbanks, 8 km north of Kinross' Fort Knox gold mine. A 77-hole, 11,800-metre drill program increased inferred resource estimates by 50% through 2011. The Dolphin deposit now has an indicated resource of 17.3 million tonnes grading 0.62 gram gold per tonne for 341,000 contained oz. gold, and an inferred resource of 64.4 million tonnes at 0.55 gram gold for 1.1 million contained oz. gold at a 0.30-gram-gold cut-off.Golden Summit also hosts two more exploration targets.