TSX-V:

FMAN

FWB:

3WU

OTCQX:

FMANF

Capital Structure

131,333,359

Common Shares Issued

** The above represents Freeman Gold’s capital structure as at March 30, 2022.

Executive Summary

PFIC Annual Statement

Financials

AGM Materials

Notice-and-Access Notice (Notice of Availability of Proxy Materials) PDF
Notice of Meeting PDF
Management Information Circular PDF
Form of Proxy PDF
Financial Statements Request Form PDF

Analyst Coverage

Echelon Capital Markets

Gabriel Gonzalez, CFA

P: 647-484-7285

E: ggonzalez@echelonpartners.com

Videos

Investment

Highlights

    • Maiden NI43-101 compliant mineral resource estimate (July 8th, 2021) defining high grade,
      oxide, near surface gold deposit open in all directions:
       749,800 oz Au at 1 .02g / t in Indicated category
      ➢ 250,300 oz Au at 1 .01g/ t in Inferred category

    • 100% Owned Advanced Project: over 107,000 metres of drilling, including 2020 7,000 metre
      resource classification drill program and 2022 Phase 2 drilling of 12,889 metres completed to
      date

    • Shallow high-grade oxide gold mineralization intersected: 14g / t Au over 10 metres, 3.4 g / t
      Au over 51.6 metres, and 1.1g / t Au over 189.1 metres

    • Permitting advantage: open pit, leachable resource primarily on privately owned patented ground
      ➢ Awarded water rights for both mining and domestic use

    • Initial metallurgical testing indicates excellent gold recoveries between 95% and 98% using
      traditional CIL/CIP with gravity circuit

    • Top tier management team with impressive track record of success in the mining industry

    • Well funded ($12.4 million cash position) for fast-track development of the Lemhi Project,
      including ongoing 15,000m drill program 

 

Value Proposition

  • From asset purchases, to M&A, to strategically entering the state, it is clear that Idaho is one of the most sought after gold mining jurisdictions.
  • The peer comparables demonstrate that there is a premium for a US based gold company with 1.5-2m oz.
  • Highly experienced management team. 
  • The majority of historical drilling was done via RC, many holes ended in mineralization.

Looking Forward

PHASE 1 COMPLETE

  • 7,149m of oriented diamond drilling designed to upgrade historic resource estimate with initial twin and infill drilling within the main zone completed in 2020
  • Maiden NI43-101 compliant resource completed July 2021
  • Extensive historical data compiled and integrated to database
  • Metallurgical testing program nearing completion, using 2012 and 2020 drill core
  • Regional ground exploration program completed, generating 11 high quality targets, many of which are newly discovered areas. 

PHASE 2 TO FOLLOW

  • Second phase of drilling will commence targeting brownfields intercepts on strike and at depth
  • This round of drilling will focus on areas outside of the initial resource already identified by historical drilling
  • Target is to increase the maiden compliant resource to 1.5M-2M oz of contained gold

FAST TRACK TO PRODUCTION; THE LEMHI ADVANTAGE

  • Over 90% of known mineralization located within patented claims, offering a distinct permitting advantage
  • Studies and work completed by previous operators offer a superior starting point
  • Metallurgical testing indicates excellent leach response amenable to heap leach or column leach processing

Talk to our team

Want to know more? Reach out to us today.