Freegold Ventures Ltd. (FR4N)

Overview

Freegold Ventures Limited is an exploration stage company focused on the acquisition, exploration, evaluation, and development of precious and base metal properties across the United States and Canada. Originally known as International Freegold Mineral Development Inc., the company underwent a name change to Freegold Ventures Limited in September 2002, signaling a refined focus on its core mining activities. With its inception dating back to 1985 and headquartered in Vancouver, Canada, Freegold Ventures Limited has positioned itself primarily in the exploration for gold, copper, silver, cobalt, and tungsten deposits. The company holds significant interests in the Golden Summit and Shorty Creek properties, both located in Alaska, United States, marking it as a key player in the North American mining sector.

Products and Services

• Gold Exploration

Freegold Ventures Limited specializes in the exploration of gold, one of its primary focuses. This is largely conducted at its Golden Summit property, which is composed of both patented and unpatented federal claims. Gold exploration involves a series of geological surveys, drilling programs, and environmental studies to assess the viability of gold extraction.

• Copper, Silver, Cobalt, and Tungsten Exploration

Alongside gold, Freegold Ventures Limited explores for copper, silver, cobalt, and tungsten. This diversified approach allows the company to assess and develop multiple mineral deposits simultaneously. Such activities are pivotal in expanding its portfolio of mineral projects and enhancing its potential for future mining operations.

• Mining Property Development

Freegold Ventures Limited is engaged in the development of its mining properties, particularly the Golden Summit and Shorty Creek properties in Alaska. Developing these properties involves advancing from exploration and evaluation stages into potentially full-scale mining operations. This includes obtaining necessary permits, conducting feasibility studies, and engaging with local communities and environmental organizations to ensure responsible mining practices.