08:19 AM EDT, 05/08/2025 (MT Newswires) -- Freegold Ventures ( FGOVF ) on Thursday reported its final drill results from its 2024 drill program at its Golden Summit Gold Project located near Fairbanks, Alaska.

Drilling at the Cleary Zone returned 115.5m at 1.17 grams per tonne (g/t) gold (Au), starting at a depth of 197.5m, and 3.62 g/t Au over 42m from a depth of 361m. Drilling at the Dolphin Zone returned a "significant" intercept of 0.9 g/t Au over 428.5m, including a notable 6.82 g/t over 18.2m starting from 486.5m, further confirming the continuity of mineralization.

In regard to the WOW Zone, ongoing drilling uncovered an extension of higher-grade mineralization to the west and returned multiple higher-grade zones with a notable increase in the presence of visible gold. The 2025 drilling in the WOW Zone is now in progress, targeting this higher-grade extension and conducting infill drilling to improve resource classifications.

An updated mineral resource estimate, including the 2024 results, is scheduled for completion by the end of Q2. This comprehensive 2025 drill program will also include additional drilling of metallurgical holes in preparation for a planned Pre-Feasibility Study.