The Company is also excited to announce that it has engaged Tutchone Environmental Consulting, a Little Salmon Carmacks First Nation citizen owned business, to commence surface water baseline studies throughout the Project area.
The Freegold Mountain Project is situated within a northwest trending belt of Paleozoic-aged metasedimentary and lesser metavolcanic rocks intruded by Jurassic-aged plutons.
The Revenue Creek discovery led to the Revenue gold-copper-molybdenum deposit and subsequent discovery of the adjacent Nucleus gold-silver deposit.
The Freegold Mountain Project is host to three NI 43-101-compliant mineral resource estimates: The Nucleus, Revenue, and Tinta Hill Deposits.
With recommendations from the Yukon Government and Yukon Chamber of Mines, the Company has developed and implemented infection prevention and control measures at the Freegold Mountain Project to minimize the risk of potential coronavirus disease transmission in the camp and related work sites.
The Project covers an extensive section of the Big Creek Fault zone, a structure directly related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization.
Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR .