Freegold Intersects 1.53 g/t Au over 191.3m in infill drilling at Golden Summit

Original announcement by tmx on

Company
Freegold Ventures Limited
Ticker
FVL
Exchange
TSX
Region
Alaska
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Metallurgy
Extracted
2026-09-12 04:48:55 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Freegold Ventures Limited announced new infill drill results from its Golden Summit project, including 1.53 g/t Au over 191.3m in the Dolphin Zone and high-grade intercepts up to 35.65 g/t Au over 2.1m. These results are intended to support an updated mineral resource estimate and a Pre-Feasibility Study. Additionally, metallurgical test work has achieved gold recovery rates exceeding 90% using a flowsheet that includes gravity, flotation, and sulphide-oxidizing techniques, with tailings classified as low risk for acid generation.

Reasoning: New infill drill results at Golden Summit include several high-grade and broad gold intercepts, confirming mineralization continuity and supporting a future resource update and Pre-Feasibility Study. Positive metallurgical test work indicates high gold recovery rates, although complex processing is required for sulphide material.

Positive factors

  • High-grade gold intercepts
  • Broad intercepts confirming mineralization continuity
  • Infill drilling supports future resource update and PFS
  • Positive metallurgical results with high gold recovery
  • Low risk for acid generation from tailings

Negative factors

  • True width of intercepts cannot be determined
  • Some assays pending from the drill program
  • Metallurgy involves complex sulphide-oxidizing techniques

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 25

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole GS2528 returned 35.09 g/t Au over 3.1m and 35.65 g/t Au over 2.1m, which are exceptionally high grades for open pit gold.

Evidence · table

“35.09”

Context: 3.1

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole GS2515 returned 13.53 g/t Au over 6.4m, which is an exceptionally high grade for open pit gold.

Evidence · table

“13.53”

Context: 6.4

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole GS2531 returned 9.33 g/t Au over 3.1m and 9.51 g/t Au over 2.4m, which are exceptionally high grades for open pit gold.

Evidence · table

“9.33”

Context: 3.1

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states: 'The reported widths refer to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.'

Evidence · text

“Note: The reported widths refer to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed QA/QC section mentioning certified labs (MSALABS, ALS), standards, blanks, and QP sign-off.

Evidence · text

“QA/QC HQ Core is logged, photographed and cut in half using a diamond saw. One half is placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories in Fairbanks, Alaska or ALS's facilities in Vancouver and Thunder Bay .”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The 2025 drilling program focused on 'infill drilling to support the PFS, refining both geological and resource models'.

Evidence · text

“Efforts have centered on infill drilling to support the PFS, refining both geological and resource models, and developing a conceptual higher-grade starter pit”

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: The metallurgical update mentions the 'removal of sulphur' and 'arsenic levels below acceptable limits' in tailings, indicating the presence of these penalty elements.

Evidence · text

“Tailings from the flotation-based flowsheet have been classified as low risk for acid generation due to the removal of sulphur and the presence of significant amounts of calcium carbonate. Gravity tailings from the CIL leach scenario also showed arsenic levels below acceptable limits.”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Gold recovery rates exceeding 90% have been achieved, which is above the strong band for gold processing.

Evidence · text

“Gold recovery rates exceeding 90% have been achieved”

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: The flowsheet includes 'sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™', which are typically used for refractory sulphide ores.

Evidence · text

“sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a mill_cil route ("CIL")

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route ("gravity")

POX/BIOX Routeneutral

Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.

Why it applies: the document describes a pox_biox route ("POX")

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

Drill Results (24)

GS2515Golden Summit · goldGrade: 3Grade Unit: g/tIntercept: 15.3 mView all details
Link to this fact

Identity

Hole ID
GS2515
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
3
Grade Unit
g/t
Intercept
15.3 m
From
84.4 m
To
99.7 m
Hole Depth
602.5 m
Intercept Depth
84.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2515:84.4-99.7
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good length, contributing positively to the project's resource definition and potential for a starter pit.

Positive factors

  • Strong gold grade for open pit potential
  • Good intercept length
  • Supports potential higher-grade starter pit

Negative factors

  • True width not determined

Evidence · table

“3.00”

Context: 15.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2515Golden Summit · goldGrade: 0.81Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
GS2515
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.81
Grade Unit
g/t
Intercept
5.2 m
From
142.3 m
To
147.5 m
Hole Depth
602.5 m
Intercept Depth
84.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2515:142.3-147.5
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a weak to moderate gold grade over a narrow length, contributing to overall mineralization but not a highlight.

Negative factors

  • Grade is below moderate threshold for open pit
  • True width not determined

Evidence · table

“0.81”

Context: 5.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2515Golden Summit · goldGrade: 13.53Grade Unit: g/tIntercept: 6.4 mView all details
Link to this fact

Identity

Hole ID
GS2515
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
13.53
Grade Unit
g/t
Intercept
6.4 m
From
175.3 m
To
181.7 m
Hole Depth
602.5 m
Intercept Depth
84.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2515:175.3-181.7
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a good length, significantly enhancing the project's resource definition and potential for a starter pit.

Positive factors

  • Exceptional gold grade for open pit potential
  • Good intercept length
  • Supports potential higher-grade starter pit

Negative factors

  • True width not determined

Evidence · table

“13.53”

Context: 6.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2515Golden Summit · goldGrade: 3.06Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
GS2515
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
3.06
Grade Unit
g/t
Intercept
4.9 m
From
227.9 m
To
232.8 m
Hole Depth
602.5 m
Intercept Depth
84.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2515:227.9-232.8
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, contributing positively to the project's resource definition and potential for a starter pit.

Positive factors

  • Strong gold grade for open pit potential
  • Supports potential higher-grade starter pit

Negative factors

  • True width not determined

Evidence · table

“3.06”

Context: 4.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2515Golden Summit · goldGrade: 1.71Grade Unit: g/tIntercept: 9.1 mView all details
Link to this fact

Identity

Hole ID
GS2515
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.71
Grade Unit
g/t
Intercept
9.1 m
From
303.9 m
To
313 m
Hole Depth
602.5 m
Intercept Depth
84.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2515:303.9-313
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate to strong gold grade over a good length, contributing to the overall resource.

Positive factors

  • Moderate to strong gold grade for open pit potential
  • Good intercept length

Negative factors

  • True width not determined

Evidence · table

“1.71”

Context: 9.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2515Golden Summit · goldGrade: 0.79Grade Unit: g/tIntercept: 20.4 mView all details
Link to this fact

Identity

Hole ID
GS2515
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.79
Grade Unit
g/t
Intercept
20.4 m
From
396.2 m
To
416.6 m
Hole Depth
602.5 m
Intercept Depth
84.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2515:396.2-416.6
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good length, contributing to the overall resource.

Positive factors

  • Moderate gold grade for open pit potential
  • Good intercept length

Negative factors

  • True width not determined

Evidence · table

“0.79”

Context: 20.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2531Golden Summit · goldGrade: 9.33Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
GS2531
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
9.33
Grade Unit
g/t
Intercept
3.1 m
From
35.6 m
To
38.7 m
Hole Depth
703.2 m
Intercept Depth
35.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2531:35.6-38.7
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This near-surface intercept shows an exceptional gold grade, providing strong encouragement for a potential higher-grade starter pit.

Positive factors

  • Exceptional gold grade for open pit potential
  • Near-surface intercept supports starter pit concept

Negative factors

  • True width not determined

Evidence · table

“9.33”

Context: 3.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2531Golden Summit · goldGrade: 2.05Grade Unit: g/tIntercept: 8.8 mView all details
Link to this fact

Identity

Hole ID
GS2531
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
2.05
Grade Unit
g/t
Intercept
8.8 m
From
53.9 m
To
62.7 m
Hole Depth
703.2 m
Intercept Depth
35.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2531:53.9-62.7
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good length, contributing positively to the project's resource definition.

Positive factors

  • Strong gold grade for open pit potential
  • Good intercept length

Negative factors

  • True width not determined

Evidence · table

“2.05”

Context: 8.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2531Golden Summit · goldGrade: 9.51Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
GS2531
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
9.51
Grade Unit
g/t
Intercept
2.4 m
From
81.4 m
To
83.8 m
Hole Depth
703.2 m
Intercept Depth
35.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2531:81.4-83.8
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade, providing strong encouragement for a potential higher-grade starter pit.

Positive factors

  • Exceptional gold grade for open pit potential
  • Supports potential higher-grade starter pit

Negative factors

  • True width not determined

Evidence · table

“9.51”

Context: 2.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2531Golden Summit · goldGrade: 1.06Grade Unit: g/tIntercept: 41.1 mView all details
Link to this fact

Identity

Hole ID
GS2531
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.06
Grade Unit
g/t
Intercept
41.1 m
From
102.4 m
To
143.5 m
Hole Depth
703.2 m
Intercept Depth
35.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2531:102.4-143.5
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant length, confirming mineralization continuity and contributing positively to the resource.

Positive factors

  • Moderate gold grade over a strong intercept length
  • Confirms mineralization continuity

Negative factors

  • True width not determined

Evidence · table

“1.06”

Context: 41.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2531Golden Summit · goldGrade: 0.87Grade Unit: g/tIntercept: 31.2 mView all details
Link to this fact

Identity

Hole ID
GS2531
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.87
Grade Unit
g/t
Intercept
31.2 m
From
330.3 m
To
361.5 m
Hole Depth
703.2 m
Intercept Depth
35.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2531:330.3-361.5
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a strong length, confirming mineralization continuity and contributing to the resource.

Positive factors

  • Moderate gold grade over a strong intercept length
  • Confirms mineralization continuity

Negative factors

  • True width not determined

Evidence · table

“0.87”

Context: 31.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2531Golden Summit · goldGrade: 1.53Grade Unit: g/tIntercept: 191.3 mView all details
Link to this fact

Identity

Hole ID
GS2531
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.53
Grade Unit
g/t
Intercept
191.3 m
From
386.2 m
To
577.5 m
Hole Depth
703.2 m
Intercept Depth
35.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2531:386.2-577.5
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept represents a very significant width of moderate-grade gold mineralization, strongly confirming continuity and correlation with the existing model, which is highly material for resource definition.

Positive factors

  • Moderate gold grade over an exceptionally wide intercept length
  • Confirms strong, continuous mineralization
  • Excellent correlation with current model

Negative factors

  • True width not determined

Evidence · table

“1.53”

Context: 191.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2508Golden Summit · goldGrade: 1.05Grade Unit: g/tIntercept: 120.7 mView all details
Link to this fact

Identity

Hole ID
GS2508
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
120.7 m
From
224.6 m
To
345.3 m
Hole Depth
502 m
Intercept Depth
224.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2508:224.6-345.3
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a very significant length, confirming strong correlation with the resource model and contributing materially to the resource.

Positive factors

  • Moderate gold grade over an exceptionally wide intercept length
  • Demonstrates strong correlation with resource model

Negative factors

  • True width not determined

Evidence · table

“1.05”

Context: 120.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2508Golden Summit · goldGrade: 0.91Grade Unit: g/tIntercept: 8.9 mView all details
Link to this fact

Identity

Hole ID
GS2508
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.91
Grade Unit
g/t
Intercept
8.9 m
From
364.8 m
To
373.7 m
Hole Depth
502 m
Intercept Depth
224.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2508:364.8-373.7
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good length, contributing to the overall resource.

Positive factors

  • Moderate gold grade
  • Good intercept length

Negative factors

  • True width not determined

Evidence · table

“0.91”

Context: 8.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2517Golden Summit · goldGrade: 0.64Grade Unit: g/tIntercept: 68.9 mView all details
Link to this fact

Identity

Hole ID
GS2517
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.64
Grade Unit
g/t
Intercept
68.9 m
From
477.6 m
To
546.5 m
Hole Depth
593.4 m
Intercept Depth
477.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2517:477.6-546.5
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good length, but the hole was abandoned due to ground conditions, which is a negative operational factor.

Positive factors

  • Moderate gold grade over a strong intercept length

Negative factors

  • True width not determined
  • Hole abandoned due to challenging ground conditions

Evidence · table

“0.64”

Context: 68.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2524Golden Summit · goldGrade: 1.34Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
GS2524
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.34
Grade Unit
g/t
Intercept
6.1 m
From
17.4 m
To
23.5 m
Hole Depth
413.3 m
Intercept Depth
17.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2524:17.4-23.5
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This near-surface intercept shows a moderate gold grade, contributing to the overall resource.

Positive factors

  • Moderate gold grade for open pit potential
  • Near-surface intercept

Negative factors

  • True width not determined

Evidence · table

“1.34”

Context: 6.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2524Golden Summit · goldGrade: 1.12Grade Unit: g/tIntercept: 6.7 mView all details
Link to this fact

Identity

Hole ID
GS2524
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
6.7 m
From
141.7 m
To
148.4 m
Hole Depth
413.3 m
Intercept Depth
17.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2524:141.7-148.4
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good length, contributing to the overall resource.

Positive factors

  • Moderate gold grade for open pit potential
  • Good intercept length

Negative factors

  • True width not determined

Evidence · table

“1.12”

Context: 6.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2524Golden Summit · goldGrade: 3.36Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
GS2524
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
3.36
Grade Unit
g/t
Intercept
6.1 m
From
203.3 m
To
209.4 m
Hole Depth
413.3 m
Intercept Depth
17.4 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2524:203.3-209.4
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good length, contributing positively to the project's resource definition.

Positive factors

  • Strong gold grade for open pit potential
  • Good intercept length

Negative factors

  • True width not determined

Evidence · table

“3.36”

Context: 6.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2528Golden Summit · goldGrade: 0.98Grade Unit: g/tIntercept: 16.7 mView all details
Link to this fact

Identity

Hole ID
GS2528
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
16.7 m
From
86 m
To
102.7 m
Hole Depth
721.2 m
Intercept Depth
86 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2528:86-102.7
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good length, contributing to the overall resource.

Positive factors

  • Moderate gold grade for open pit potential
  • Good intercept length

Negative factors

  • True width not determined

Evidence · table

“0.98”

Context: 16.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2528Golden Summit · goldGrade: 35.09Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
GS2528
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
35.09
Grade Unit
g/t
Intercept
3.1 m
From
325.2 m
To
328.3 m
Hole Depth
721.2 m
Intercept Depth
86 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2528:325.2-328.3
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows an exceptional, bonanza-grade gold result, significantly enhancing the project's high-grade potential.

Positive factors

  • Exceptional gold grade for open pit potential
  • Bonanza intercept

Negative factors

  • True width not determined

Evidence · table

“35.09”

Context: 3.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2528Golden Summit · goldGrade: 1.6Grade Unit: g/tIntercept: 57.9 mView all details
Link to this fact

Identity

Hole ID
GS2528
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.6
Grade Unit
g/t
Intercept
57.9 m
From
416.7 m
To
474.6 m
Hole Depth
721.2 m
Intercept Depth
86 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2528:416.7-474.6
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate to strong gold grade over a significant length, confirming mineralization continuity and contributing materially to the resource.

Positive factors

  • Moderate to strong gold grade over a strong intercept length
  • Confirms mineralization continuity

Negative factors

  • True width not determined

Evidence · table

“1.60”

Context: 57.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2528Golden Summit · goldGrade: 0.7Grade Unit: g/tIntercept: 29.9 mView all details
Link to this fact

Identity

Hole ID
GS2528
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
29.9 m
From
514.2 m
To
544.1 m
Hole Depth
721.2 m
Intercept Depth
86 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2528:514.2-544.1
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a strong length, confirming mineralization continuity and contributing to the resource.

Positive factors

  • Moderate gold grade over a strong intercept length
  • Confirms mineralization continuity

Negative factors

  • True width not determined

Evidence · table

“0.70”

Context: 29.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2528Golden Summit · goldGrade: 1.78Grade Unit: g/tIntercept: 61 mView all details
Link to this fact

Identity

Hole ID
GS2528
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.78
Grade Unit
g/t
Intercept
61 m
From
559.9 m
To
620.9 m
Hole Depth
721.2 m
Intercept Depth
86 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2528:559.9-620.9
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows a moderate to strong gold grade over a significant length, confirming mineralization continuity and contributing materially to the resource.

Positive factors

  • Moderate to strong gold grade over a strong intercept length
  • Confirms mineralization continuity

Negative factors

  • True width not determined

Evidence · table

“1.78”

Context: 61.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

GS2528Golden Summit · goldGrade: 35.65Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
GS2528
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
35.65
Grade Unit
g/t
Intercept
2.1 m
From
670.6 m
To
672.7 m
Hole Depth
721.2 m
Intercept Depth
86 m

Classification

Program
resource
Sample Type
drill
Group ID
GS2528:670.6-672.7
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °
Loc. Confidence
medium

QA/QC

Laboratory
MSA Laboratories and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
sulfur, arsenic

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: This intercept shows an exceptional, bonanza-grade gold result, significantly enhancing the project's high-grade potential.

Positive factors

  • Exceptional gold grade for open pit potential
  • Bonanza intercept

Negative factors

  • True width not determined

Evidence · table

“35.65”

Context: 2.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Metallurgical Results (1)

flotationGolden Summit · goldRecovery: 90 %View all details
Link to this fact

Identity

Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
Alaska
Ticker
FVL

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
gravity concentration, flotation to produce a cleaner concentrate, and subsequent treatment with sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™, producing feed for carbon-in-leach (CIL) for additional gold recovery. Simple gravity and CIL are also being evaluated.
Sample
Golden Summit material

Recovery

Recovery
90 %
Recovery Basis
actual_test

Reagents

Reagent Notes
removal of sulphur and the presence of significant amounts of calcium carbonate

Lab

Laboratory
MSA Laboratories and ALS

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2025-12-04T00:00:00.000Z

Reasoning: High gold recovery rates exceeding 90% have been achieved through a complex flowsheet, which is positive for project economics, and environmental characterization of tailings is favorable.

Positive factors

  • High gold recovery rates achieved
  • Tailings classified as low risk for acid generation
  • Sulphur and arsenic levels managed

Negative factors

  • Complex processing required for sulphide material

Evidence · text

“Gold recovery rates exceeding 90% have been achieved using a flowsheet that includes gravity concentration, flotation to produce a cleaner concentrate, and subsequent treatment with sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™, producing feed for carbon-in-leach (CIL) for additional gold recovery.”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

POX/BIOX Routeneutral

Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.

Why it applies: processing_route matches the pox_biox signal

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.