Freegold Ventures Ltd. July 18 reported results from the final six holes of a 27-hole oxide resource expansion drill program at the Golden Summit project about 25 miles north of Fairbanks, Alaska.

Hole GSDL 17-28 cut 70.6 meters grading 0.82 grams per metric ton gold from surface. The oxide portion of this hole, which extended to a depth of 60 meters, averaged 0.36 g/t gold.

Freegold said the...