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.
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