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FREEMAN GOLD DRILLS 0.37 G/T AU OVER 120.4 METRES INCLUDING 0.85 G/T AU OVER 41.2 METRES NEAR SURFACE AT THE LEMHI GOLD PROJECT

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FREEMAN GOLD DRILLS 0.37 G/T AU OVER 120.4 METRES INCLUDING 0.85 G/T AU OVER 41.2 METRES NEAR SURFACE AT THE LEMHI GOLD PROJECT

Executive Summary

Freeman Gold Corp. has released assay results from its 2025 reverse circulation drilling program at the Lemhi Gold Project, revealing encouraging near-surface gold mineralization. The company intersected 0.37 g/t gold over 120.4 metres, which included a higher-grade zone of 0.85 g/t gold over 41.2 metres. These results demonstrate the presence of substantial mineralized intervals in the northern portion of the property.

The near-surface nature of these intersections is particularly significant as it suggests potential for lower-cost mining scenarios. Wide mineralized intervals, even at moderate grades, can be economically viable in gold projects, especially when combined with higher-grade zones like the 0.85 g/t interval reported. The 120.4-metre intersection represents a substantial width of mineralization that could contribute meaningfully to resource calculations.

For Freeman Gold, these results validate the exploration strategy at Lemhi and provide important data for ongoing resource definition work. The reverse circulation drilling method is cost-effective for initial resource delineation, and the positive results may support expanded drilling programs. The company's multi-exchange listing (TSXV, OTCQB, and Frankfurt) provides access to diverse capital markets for funding continued exploration activities.

The timing of these results positions Freeman Gold well for potential resource updates and strategic planning for 2026 exploration programs. The combination of near-surface mineralization and significant intersection widths creates a foundation for further resource expansion at what appears to be a promising gold project.
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