Freeman’s 2025 Phase 4 Metallurgical Testwork Reports >95% Extraction and Confirms Simple, Low-Risk Processing for Lemhi

Freeman Gold Corp. has successfully completed its 2025 Phase 4 metallurgical testwork program for the Lemhi Gold Project in Idaho, marking a significant milestone in the project's development trajectory. The testwork achieved extraction rates exceeding 95%, demonstrating the high recoverable nature of gold mineralization at the property.

The metallurgical results are particularly noteworthy as they confirm simple, low-risk processing methodologies for the Lemhi deposit. This represents the culmination of a comprehensive four-phase metallurgical testing program, with each successive phase building upon previous learnings to optimize extraction parameters and processing strategies. The high extraction rates combined with straightforward processing requirements position Lemhi favorably from both technical and economic perspectives.

For the gold mining sector, these results underscore the quality of Freeman's asset base and the potential for efficient gold recovery operations. The confirmation of simple processing requirements reduces both capital expenditure risks and operational complexity, key factors that institutional investors and potential partners evaluate when assessing gold development projects. This metallurgical success positions Freeman to advance Lemhi through subsequent development phases with greater confidence in the project's technical viability.

Looking forward, the completion of Phase 4 metallurgical testing provides Freeman with the technical foundation necessary to support future feasibility studies and project financing discussions. The combination of high extraction rates and low processing risk creates a compelling value proposition for stakeholders as the company continues to advance the Lemhi Gold Project toward potential production scenarios.