VANCOUVER, May 19, 2015 /CNW/ - Freegold
Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold") is
pleased to announce the appointment of Greg
Hanks to the Board of Directors of Freegold effective
immediately. We are extremely pleased to welcome Mr. Hanks to
the Board of Freegold and believe he will add considerable strength
with his strong financial background.
Mr. Hanks holds a B,Comm (Honors) with a major in Finance.
He has held a number of management and senior management roles
throughout his more that 20 years in the Financial Services
Industry. He has extensive 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.
About Freegold Ventures Limited
Freegold is a TSX listed company focused on the exploration
projects in Alaska. Its flagship
property is the Golden Summit property located near Fairbanks, Alaska. Road accessible, close to
industrial strength power and with an experienced labour force, the
Golden Summit project represents an excellent low risk development
project in Freegold. The Golden Summit Property hosts an indicated
NI 43-101 resource of 79,800,000 tonnes averaging 0.66 grams/tonne
gold for a total of 1,683,000 ounces and an inferred resource of
248,060,000 tonnes averaging 0.61 grams/tonne gold for a total of
4,841,000 ounces using a 0.30 gram/tonne gold cut-off grade. The
resource estimate was completed by Giroux Consultants Ltd. In
addition Freegold holds long term lease on the Shorty Creek Copper
– Gold, Copper Molybdenum Project.
Some statements in this news release contain forward-looking
information, including without limitation statements as to planned
expenditures and exploration programs. These statements address
future events and conditions and, as such, involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the statements. Such factors include
without limitation the completion of planned expenditures, the
ability to complete exploration programs on schedule and the
success of exploration programs.
SOURCE Freegold Ventures Limited