StreetSmart Live! Presents FansUnite Entertainment Inc on 11/30/2020. Learn More

Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update

TICKERS: FRE; FRERF; FR2

Explorer Receives Drill Permits for Nevada Carlin Trend Project
News Update

Share on Stocktwits

Source:

Fremont Gold plans a minimum three-hole, 1,500-meter drill program for North Carlin.

Fremont Gold Ltd. (FRE:TSX.V; FRERF:OTCQB; FR2:FSE) received from the U.S. Bureau of Land Management the permits that it needs to start maiden drilling at its North Carlin gold project in Nevada's Carlin Trend, the company announced in a news release.

The Vancouver-based company, which is approved to drill from 14 sites on the property, plans to reverse circulation drill at least three holes over 1,500 meters. The next step is for Fremont to engage a drilling contractor to perform the work.

The project has three claim groups: Alkali, Coyote and Rossi.

Fremont noted that the North Carlin project features two types of targets: a Carlin-type deposit in the southwest and a low-sulfidation epithermal deposit in the northeast. Both are present at Alkali whereas only the Carlin-type target is present at Coyote and Rossi.

"Situated in the right geological setting for the discovery of a major gold deposit, Fremont has developed several drill targets based on soil geochemistry, gravity and geomagnetic surveys, and the projection of key faults that control gold mineralization in the Carlin Trend," the company stated.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Fremont Gold. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.





Recommendation for Streetwise Reports Readers

Be the First to Hear Direct from the Experts…Live and in Real Time!

StreetSmart Live! Was founded by the same team that that brought you Streetwise Reports.

Subscribe to the StreetSmart Live! YouTube channel and be the first to hear about interesting investment ideas live and in real time... straight from the experts. This type of intellectual capital is usually not made available to the general public, but StreetSmart Live! is your "In."

Subscribe Now (It's Free)

Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe
Last StreetSmart Live! Show