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Freegold, South32 tap Shorty Creek copper

North of 60 Mining News – January 17, 2020

 

Last updated 9/26/2020 at 11:41am

Freegold Ventures Ltd.

Core from a 2018 hole drilled at Shorty Creek that cut 442.4 meters averaging 0.22 percent copper, 0.13 g/t gold, 4.03 g/t silver and 0.02 percent tungsten trioxide.

Freegold Ventures Ltd. Jan. 16 announced results from the late-season 2019 drill program at Shorty Creek, a porphyry gold-copper project about 75 miles northwest of Fairbanks.

The five-hole (1,542 meters) program was funded by a wholly owned subsidiary of South32 Ltd., which entered into an option agreement with Freegold Ventures to acquire 70 percent interest in Shorty Creek for US$30 million,...



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