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Last C$0.14 CAD
Change Today +0.025 / 21.74%
Volume 34.6K
FVL On Other Exchanges
As of 3:50 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

freegold ventures ltd (FVL) Snapshot

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05/7/15 - C$0.24
52 Week Low
03/3/15 - C$0.08
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freegold ventures ltd (FVL) Details

Freegold Ventures Limited, together with its subsidiaries, is engaged in the acquisition and exploration of precious metal properties in the United States and Canada. The company focuses on the exploration of gold projects in Alaska. It primarily holds interests in the Golden Summit property located near Fairbanks, Alaska; and the Vinasale Mountain property situated in the western portion of the McGrath Mining District, Alaska. The company was formerly known as International Freegold Mineral Development Inc. and changed its name to Freegold Ventures Limited in September 2002. Freegold Ventures Limited was incorporated in 1985 and is headquartered in Vancouver, Canada.

2 Employees
Last Reported Date: 03/31/15
Founded in 1985

freegold ventures ltd (FVL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$175.0K
Chief Financial Officer
Total Annual Compensation: C$75.0K
Vice President of Exploration & Development a...
Total Annual Compensation: C$175.0K
Compensation as of Fiscal Year 2013.

freegold ventures ltd (FVL) Key Developments

Freegold Ventures Limited Announces Appointment of Greg Hanks to the Board of Directors

Freegold Ventures Limited announced the appointment of Greg Hanks to the Board of Directors of the company effective immediately. He has held a number of management and senior management roles throughout his more that 20 years in the Financial Services Industry. He has experience in commercial and industrial lending and is currently Senior Manager, Commercial Services at Integris Credit Union. He has held several nonprofit board positions and is currently Treasurer of the Northern Interior Mining Group in British Columbia.

Freegold Ventures Ltd. Auditor Raises 'Going Concern' Doubt

Freegold Ventures Ltd. filed its Annual on Mar 31, 2015 for the period ending Dec 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Freegold Ventures Limited Provides Update on Golden Summit Project, Alaska

­ Freegold Ventures Limited provided an update on it's recently completed column testwork at Golden Summit. Further bottle roll test and column leach tests were undertaken on the oxide component of the mineralization at Golden Summit over the course of the last several months. The program was conducted by McClelland Laboratories of Sparks, Nevada and was designed to augment the previous extensive work conducted by SGS Laboratories in Vancouver. Results of these tests will now be incorporated into the Preliminary Economic Assessment (PEA) that is currently underway. Freegold undertook the additional metallurgical work in order to provide more comprehensive data to examine the potential for an initial heap leach operation on the oxide component. Results are encouraging with gold extractions over 80% being achieved within 14 days on coarse crushed material (80% -25 mm). The column test was permitted to run for 65 days and final extractions were 85% for gold. These results compare very favourably with the earlier bottle roll test results on coarse crushed material and provide additional confidence inline with the Company's development plans. Sodium cyanide (NaCN) consumption in the column test was reasonable at 0.69 kg/mt. Optimization of cyanide dosing conditions in future test work programs will focus on potential improvement in both kinetics and cyanide consumption. Head grades of the oxide material were 1.0 g/t gold and 10 g/t silver respectively. Located a 30 minute drive from Fairbanks with road, industrial scale power and an experienced workforce nearby, the Golden Summit project represents an excellent low risk development opportunity for Freegold.


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