Freegold Intersects 1.7 g/t Au over 70.1m 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, Resource update, Metallurgy
Extracted
2026-09-12 04:57:54 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Freegold Ventures announced strong drill results from its Golden Summit project, including 70.1m at 1.7 g/t Au and 110.7m at 1.08 g/t Au. The company also reported an updated resource estimate of 17.2 million indicated ounces at 1.24 g/t Au and 11.9 million inferred ounces at 1.04 g/t Au. Metallurgical test work showed a net overall gold recovery of 93.9% from a master composite, supporting the project's economic viability and advancement to a Pre-Feasibility Study.

Reasoning: Freegold Ventures announced strong drill results with high-grade and broad gold intercepts, a significant updated resource estimate, and excellent metallurgical recoveries, all contributing to advancing the Golden Summit project towards a Pre-Feasibility Study. While true widths are not determined and the ore is refractory, the overall progress and results are highly positive.

Positive factors

  • High-grade gold intercepts, including bonanza grades, demonstrate strong mineralization.
  • Broad gold intercepts indicate significant mineralized zones.
  • Updated resource estimate shows substantial indicated and inferred gold ounces.
  • High overall gold recovery of 93.9% from metallurgical test work is very positive.
  • Advancement to Pre-Feasibility Study (PFS) indicates project de-risking.
  • Detailed QA/QC procedures and QP sign-off enhance data credibility.
  • Ongoing exploration drilling aims to expand mineralization and convert resources.

Negative factors

  • True width of drill intercepts cannot be determined, potentially overstating thickness.
  • Some drill holes were terminated early due to difficult ground conditions.
  • Metallurgical test work is based on a single master composite, limiting variability understanding.
  • Sulphide oxidation processes (POX, BiOx, Albion Process) are required, indicating refractory ore and potentially higher processing costs.

Facts used in scoring: 42

Classification and evidence

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 width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization' for all drill results.

Evidence · text

“The width refers 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 details a QA/QC program including laboratory and field standards, blanks, and certified laboratories (MSALABS ISO/IEC 17025 and ISO 9001, ALS).

Evidence · text

“A QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is named as the Qualified Person who approved the scientific and technical disclosure.

Evidence · text

“The Qualified Person for this release is Alvin Jackson , P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.”

Bonanza Interceptpositive

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

Why it applies: The intercept GS2513 includes 1.0m at 31.74 g/t Au, which is well above the 15 g/t Au exceptional threshold for underground gold deposits.

Evidence · table

“31.74”

Context: 1.0

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The document states that 'GS2513 and GS2521 were both infill holes'.

Evidence · text

“GS2513 and GS2521 were both infill holes”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The document mentions 'Continued westward expansion has resulted in the discovery of new higher-grade zones'.

Evidence · text

“Continued westward expansion has resulted in the discovery of new higher-grade zones”

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource update includes an 'Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au'.

Evidence · text

“Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource update includes an 'Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au'.

Evidence · text

“Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au”

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The document states 'The significant increase in resource ounces and grade is the result of targeted drilling campaigns'.

Evidence · text

“The significant increase in resource ounces and grade is the result of targeted drilling campaigns”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The forward-looking statements mention 'the completion of an updated NI 43-101 technical report', and the QP is a P.Geo.

Evidence · text

“the completion of an updated NI 43-101 technical report”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The resource estimate explicitly states it was 'calculated using a 0.5 g/t cut-off grade'.

Evidence · text

“calculated using a 0.5 g/t cut-off grade”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides updated resource figures as of July 2025.

Evidence · text

“As of July 2025 , the current Golden Summit resource includes an Indicated Primary Mineral Resource”

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The resource estimate and metallurgical work are explicitly stated to 'support the upcoming Pre-Feasibility Study (PFS)'.

Evidence · text

“will support the upcoming Pre-Feasibility Study (PFS)”

High Recoverypositive

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

Why it applies: The net overall gold recovery from the feed material was 93.9%, which is exceptional for gold processing.

Evidence · text

“The net overall gold recovery from the feed material was 93.9%.”

Refractory Orenegative

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

Why it applies: The metallurgical strategy involves 'sulphide oxidation processes, including BIOX®,POX, and the Albion Process™', indicating the ore is refractory.

Evidence · text

“sulphide oxidation processes, including BIOX®,POX, and the Albion Process™”

Single Domain Onlynegative

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

Why it applies: Metallurgical testing is based on a 'Master Composite' created from multiple drill holes, but not explicitly stated to cover different ore domains or variability.

Evidence · text

“an expanded Master Composite of Golden Summit drill core assay rejects has been created and is a primary focus of the ongoing metallurgical test program”

POX/BIOX Routeneutral

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

Why it applies: The processing route includes 'Pressure Oxidation (POX), BiOx and Albion Process™ testing'.

Evidence · text

“Pressure Oxidation (POX), BiOx and Albion Process™ testing will continue to be applied”

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")

Extracted facts

Stored fact records: 42. Some facts used in scoring do not have a stored record.

Drill Results (41)

GS2510Golden Summit · goldGrade: 0.89Grade Unit: g/tIntercept: 27.4 mView all details
Link to this fact

Identity

Hole ID
GS2510
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.89
Grade Unit
g/t
Intercept
27.4 m
From
35.7 m
To
63.1 m
Hole Depth
492.9 m
Intercept Depth
35.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2510:35.7-63.1
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, contributing to the overall resource potential, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“0.89”

Context: 27.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2510Golden Summit · goldGrade: 0.82Grade Unit: g/tIntercept: 18.3 mView all details
Link to this fact

Identity

Hole ID
GS2510
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.82
Grade Unit
g/t
Intercept
18.3 m
From
297.8 m
To
316.1 m
Hole Depth
492.9 m
Intercept Depth
297.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2510:297.8-316.1
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a reasonable width, contributing to the overall resource potential, but true width is not known.

Positive factors

  • Moderate gold grade over a reasonable width.

Negative factors

  • True width not determined.

Evidence · table

“0.82”

Context: 18.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2510Golden Summit · goldGrade: 7.5Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
GS2510
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
7.5
Grade Unit
g/t
Intercept
6.1 m
From
370.9 m
To
377 m
Hole Depth
492.9 m
Intercept Depth
370.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2510:370.9-377
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a high gold grade, which is positive, but the width is relatively narrow and true width is not known.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Relatively narrow width.
  • True width not determined.

Evidence · table

“7.50”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2510Golden Summit · goldGrade: 1.49Grade Unit: g/tIntercept: 33.5 mView all details
Link to this fact

Identity

Hole ID
GS2510
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.49
Grade Unit
g/t
Intercept
33.5 m
From
425.8 m
To
459.3 m
Hole Depth
492.9 m
Intercept Depth
425.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2510:425.8-459.3
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a significant width, adding to the project's resource potential, but true width is not known.

Positive factors

  • Good gold grade over a significant width.

Negative factors

  • True width not determined.

Evidence · table

“1.49”

Context: 33.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2513Golden Summit · goldGrade: 1.43Grade Unit: g/tIntercept: 24.3 mView all details
Link to this fact

Identity

Hole ID
GS2513
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
24.3 m
From
35.7 m
To
60 m
Hole Depth
448.1 m
Intercept Depth
35.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2513:35.7-60
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This infill intercept shows good gold grade over a good width near surface, which is positive, but true width is not known and the hole was terminated early.

Positive factors

  • Good gold grade over a good width, closer to surface.

Negative factors

  • True width not determined.
  • Hole terminated early due to difficult conditions.

Evidence · table

“1.43”

Context: 24.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2513Golden Summit · goldGrade: 5.98Grade Unit: g/tIntercept: 7.3 mView all details
Link to this fact

Identity

Hole ID
GS2513
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
5.98
Grade Unit
g/t
Intercept
7.3 m
From
261.2 m
To
268.5 m
Hole Depth
448.1 m
Intercept Depth
261.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2513:261.2-268.5
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This infill intercept shows a high gold grade over a good width, which is very positive, but true width is not known.

Positive factors

  • High-grade gold intercept.

Negative factors

  • True width not determined.

Evidence · table

“5.98”

Context: 7.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2513Golden Summit · goldGrade: 31.74Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GS2513
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
31.74
Grade Unit
g/t
Intercept
1 m
From
263.3 m
To
264.3 m
Hole Depth
448.1 m
Intercept Depth
263.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2513:263.3-264.3
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This infill intercept contains a bonanza gold grade, which is highly positive, but it is over a very narrow width and true width is not known.

Positive factors

  • Bonanza gold grade intercept.

Negative factors

  • Very narrow width.
  • True width not determined.

Evidence · table

“31.74”

Context: 1.0

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2513Golden Summit · goldGrade: 1.06Grade Unit: g/tIntercept: 29.5 mView all details
Link to this fact

Identity

Hole ID
GS2513
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.06
Grade Unit
g/t
Intercept
29.5 m
From
353.6 m
To
383.1 m
Hole Depth
448.1 m
Intercept Depth
353.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2513:353.6-383.1
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This infill intercept shows a moderate gold grade over a significant width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a significant width.

Negative factors

  • True width not determined.

Evidence · table

“1.06”

Context: 29.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2513Golden Summit · goldGrade: 0.96Grade Unit: g/tIntercept: 15.3 mView all details
Link to this fact

Identity

Hole ID
GS2513
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.96
Grade Unit
g/t
Intercept
15.3 m
From
407.5 m
To
422.8 m
Hole Depth
448.1 m
Intercept Depth
407.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2513:407.5-422.8
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This infill intercept shows a moderate gold grade over a good width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“0.96”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2521Golden Summit · goldGrade: 1.7Grade Unit: g/tIntercept: 70.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS2521
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.7
Grade Unit
g/t
Intercept
70.1 m
From
249 m
To
319.1 m
Hole Depth
577.3 m
Intercept Depth
249 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2521:249-319.1
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This infill intercept shows a strong gold grade over a very significant width, which is highly positive for resource conversion, but true width is not known and the hole was lost early.

Positive factors

  • Strong gold grade over a very significant width.

Negative factors

  • True width not determined.
  • Hole lost in mineralized zone before planned depth.

Evidence · table

“1.7”

Context: 70.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2521Golden Summit · goldGrade: 0.73Grade Unit: g/tIntercept: 64.6 mView all details
Link to this fact

Identity

Hole ID
GS2521
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.73
Grade Unit
g/t
Intercept
64.6 m
From
416.7 m
To
481.3 m
Hole Depth
577.3 m
Intercept Depth
416.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2521:416.7-481.3
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This infill intercept shows a moderate gold grade over a very significant width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a very significant width.

Negative factors

  • True width not determined.

Evidence · table

“0.73”

Context: 64.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2521Golden Summit · goldGrade: 1.29Grade Unit: g/tIntercept: 41.8 mView all details
Link to this fact

Identity

Hole ID
GS2521
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
41.8 m
From
535.5 m
To
577.3 m
Hole Depth
577.3 m
Intercept Depth
535.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2521:535.5-577.3
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This infill intercept shows a good gold grade over a significant width, contributing to the overall resource, but true width is not known.

Positive factors

  • Good gold grade over a significant width.

Negative factors

  • True width not determined.

Evidence · table

“1.29”

Context: 41.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2518Golden Summit · goldGrade: 1.17Grade Unit: g/tIntercept: 27.1 mView all details
Link to this fact

Identity

Hole ID
GS2518
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
27.1 m
From
142 m
To
169.1 m
Hole Depth
656.2 m
Intercept Depth
142 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2518:142-169.1
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, but true width is not known and the hole was lost early due to difficult conditions.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.
  • Hole lost due to difficult ground conditions.

Evidence · table

“1.17”

Context: 27.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2518Golden Summit · goldGrade: 0.86Grade Unit: g/tIntercept: 45.1 mView all details
Link to this fact

Identity

Hole ID
GS2518
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.86
Grade Unit
g/t
Intercept
45.1 m
From
262.7 m
To
307.8 m
Hole Depth
656.2 m
Intercept Depth
262.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2518:262.7-307.8
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a significant width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a significant width.

Negative factors

  • True width not determined.

Evidence · table

“0.86”

Context: 45.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2518Golden Summit · goldGrade: 1.35Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
GS2518
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.35
Grade Unit
g/t
Intercept
5.2 m
From
364.8 m
To
370 m
Hole Depth
656.2 m
Intercept Depth
364.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2518:364.8-370
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, and true width is not known.

Positive factors

  • Moderate gold grade.

Negative factors

  • Narrow width.
  • True width not determined.

Evidence · table

“1.35”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2518Golden Summit · goldGrade: 0.96Grade Unit: g/tIntercept: 61.6 mView all details
Link to this fact

Identity

Hole ID
GS2518
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.96
Grade Unit
g/t
Intercept
61.6 m
From
507.5 m
To
569.1 m
Hole Depth
656.2 m
Intercept Depth
507.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2518:507.5-569.1
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a very significant width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a very significant width.

Negative factors

  • True width not determined.

Evidence · table

“0.96”

Context: 61.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2518Golden Summit · goldGrade: 4.14Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
GS2518
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
4.14
Grade Unit
g/t
Intercept
6.1 m
From
611.7 m
To
617.8 m
Hole Depth
656.2 m
Intercept Depth
611.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2518:611.7-617.8
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a high gold grade, which is positive, but the width is relatively narrow and true width is not known.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Relatively narrow width.
  • True width not determined.

Evidence · table

“4.14”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2526Golden Summit · goldGrade: 12.19Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
GS2526
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
12.19
Grade Unit
g/t
Intercept
1.4 m
From
24.2 m
To
25.6 m
Hole Depth
603.6 m
Intercept Depth
24.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2526:24.2-25.6
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a high gold grade near surface, which is positive, but it is over a very narrow width and true width is not known.

Positive factors

  • High-grade gold intercept near surface.

Negative factors

  • Very narrow width.
  • True width not determined.

Evidence · table

“12.19”

Context: 1.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2526Golden Summit · goldGrade: 1.26Grade Unit: g/tIntercept: 16.4 mView all details
Link to this fact

Identity

Hole ID
GS2526
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.26
Grade Unit
g/t
Intercept
16.4 m
From
37.5 m
To
53.9 m
Hole Depth
603.6 m
Intercept Depth
37.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2526:37.5-53.9
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a good width near surface, which is positive, but true width is not known.

Positive factors

  • Good gold grade over a good width near surface.

Negative factors

  • True width not determined.

Evidence · table

“1.26”

Context: 16.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2526Golden Summit · goldGrade: 0.93Grade Unit: g/tIntercept: 26 mView all details
Link to this fact

Identity

Hole ID
GS2526
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
26 m
From
104.2 m
To
130.2 m
Hole Depth
603.6 m
Intercept Depth
104.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2526:104.2-130.2
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“0.93”

Context: 26

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2526Golden Summit · goldGrade: 4.97Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
GS2526
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
4.97
Grade Unit
g/t
Intercept
7.6 m
From
282.6 m
To
290.2 m
Hole Depth
603.6 m
Intercept Depth
282.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2526:282.6-290.2
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a high gold grade, which is positive, but the width is relatively narrow and true width is not known.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Relatively narrow width.
  • True width not determined.

Evidence · table

“4.97”

Context: 7.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2526Golden Summit · goldGrade: 0.82Grade Unit: g/tIntercept: 14.6 mView all details
Link to this fact

Identity

Hole ID
GS2526
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.82
Grade Unit
g/t
Intercept
14.6 m
From
367 m
To
381.6 m
Hole Depth
603.6 m
Intercept Depth
367 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2526:367-381.6
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a reasonable width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a reasonable width.

Negative factors

  • True width not determined.

Evidence · table

“0.82”

Context: 14.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2526Golden Summit · goldGrade: 0.9Grade Unit: g/tIntercept: 182.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS2526
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
182.9 m
From
386.2 m
To
569.1 m
Hole Depth
603.6 m
Intercept Depth
386.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2526:386.2-569.1
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over an exceptionally broad width, which is highly positive for bulk tonnage potential, but true width is not known.

Positive factors

  • Moderate gold grade over an exceptionally broad width.

Negative factors

  • True width not determined.

Evidence · table

“0.9”

Context: 182.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2526Golden Summit · goldGrade: 1.29Grade Unit: g/tIntercept: 24.9 mView all details
Link to this fact

Identity

Hole ID
GS2526
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
24.9 m
From
544.2 m
To
569.1 m
Hole Depth
603.6 m
Intercept Depth
544.2 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2526:544.2-569.1
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-80 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a significant width within a broader zone, contributing to the overall resource, but true width is not known.

Positive factors

  • Good gold grade over a significant width within a broader zone.

Negative factors

  • True width not determined.

Evidence · table

“1.29”

Context: 24.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2519Golden Summit · goldGrade: 1.11Grade Unit: g/tIntercept: 8.3 mView all details
Link to this fact

Identity

Hole ID
GS2519
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.11
Grade Unit
g/t
Intercept
8.3 m
From
78.3 m
To
86.6 m
Hole Depth
755 m
Intercept Depth
78.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2519:78.3-86.6
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“1.11”

Context: 8.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2519Golden Summit · goldGrade: 1.15Grade Unit: g/tIntercept: 8.8 mView all details
Link to this fact

Identity

Hole ID
GS2519
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.15
Grade Unit
g/t
Intercept
8.8 m
From
108.4 m
To
117.2 m
Hole Depth
755 m
Intercept Depth
108.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2519:108.4-117.2
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“1.15”

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2519Golden Summit · goldGrade: 3.15Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
GS2519
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
3.15
Grade Unit
g/t
Intercept
9 m
From
128 m
To
137 m
Hole Depth
755 m
Intercept Depth
128 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2519:128-137
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a high gold grade, which is positive, but the width is relatively narrow and true width is not known.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Relatively narrow width.
  • True width not determined.

Evidence · table

“3.15”

Context: 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2519Golden Summit · goldGrade: 1.39Grade Unit: g/tIntercept: 12.5 mView all details
Link to this fact

Identity

Hole ID
GS2519
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.39
Grade Unit
g/t
Intercept
12.5 m
From
186.3 m
To
198.8 m
Hole Depth
755 m
Intercept Depth
186.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2519:186.3-198.8
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“1.39”

Context: 12.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2519Golden Summit · goldGrade: 1.08Grade Unit: g/tIntercept: 110.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS2519
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.08
Grade Unit
g/t
Intercept
110.7 m
From
365 m
To
475.7 m
Hole Depth
755 m
Intercept Depth
365 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2519:365-475.7
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °

QA/QC

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over an exceptionally broad width in one of the most western holes, which is highly positive for resource expansion, but true width is not known.

Positive factors

  • Moderate gold grade over an exceptionally broad width.
  • One of the most western holes drilled, indicating potential for westward expansion.

Negative factors

  • True width not determined.

Evidence · table

“1.08”

Context: 110.7

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2519Golden Summit · goldGrade: 1.65Grade Unit: g/tIntercept: 54 mView all details
Link to this fact

Identity

Hole ID
GS2519
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.65
Grade Unit
g/t
Intercept
54 m
From
404 m
To
458 m
Hole Depth
755 m
Intercept Depth
404 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2519:404-458
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant width within a broader zone, which is highly positive for resource potential, but true width is not known.

Positive factors

  • Strong gold grade over a significant width within a broader zone.

Negative factors

  • True width not determined.

Evidence · table

“1.65”

Context: 54

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2519Golden Summit · goldGrade: 0.87Grade Unit: g/tIntercept: 62.4 mView all details
Link to this fact

Identity

Hole ID
GS2519
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.87
Grade Unit
g/t
Intercept
62.4 m
From
536 m
To
598.4 m
Hole Depth
755 m
Intercept Depth
536 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2519:536-598.4
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a very significant width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a very significant width.

Negative factors

  • True width not determined.

Evidence · table

“0.87”

Context: 62.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2519Golden Summit · goldGrade: 1.44Grade Unit: g/tIntercept: 18 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS2519
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.44
Grade Unit
g/t
Intercept
18 m
From
617 m
To
635 m
Hole Depth
755 m
Intercept Depth
617 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2519:617-635
Mining Method
open_pit

Location

Azimuth
0 °
Dip
-90 °

QA/QC

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a good width at depth, contributing to the overall resource, but true width is not known.

Positive factors

  • Good gold grade over a good width at depth.

Negative factors

  • True width not determined.

Evidence · table

“1.44”

Context: 18

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2522Golden Summit · goldGrade: 1.44Grade Unit: g/tIntercept: 22.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS2522
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.44
Grade Unit
g/t
Intercept
22.5 m
From
4.5 m
To
27 m
Hole Depth
665 m
Intercept Depth
4.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2522:4.5-27
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a good width near surface, which is positive for early mining potential, but true width is not known.

Positive factors

  • Good gold grade over a good width near surface.

Negative factors

  • True width not determined.

Evidence · table

“1.44”

Context: 22.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2522Golden Summit · goldGrade: 0.74Grade Unit: g/tIntercept: 20.2 mView all details
Link to this fact

Identity

Hole ID
GS2522
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.74
Grade Unit
g/t
Intercept
20.2 m
From
142.3 m
To
162.5 m
Hole Depth
665 m
Intercept Depth
142.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2522:142.3-162.5
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“0.74”

Context: 20.2

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2522Golden Summit · goldGrade: 1.3Grade Unit: g/tIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
GS2522
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
21 m
From
344 m
To
365 m
Hole Depth
665 m
Intercept Depth
344 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2522:344-365
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“1.30”

Context: 21

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2522Golden Summit · goldGrade: 1.05Grade Unit: g/tIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
GS2522
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
21 m
From
590 m
To
611 m
Hole Depth
665 m
Intercept Depth
590 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2522:590-611
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-75 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width at depth, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width at depth.

Negative factors

  • True width not determined.

Evidence · table

“1.05”

Context: 21

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2525Golden Summit · goldGrade: 1.1Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
GS2525
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
13 m
From
59 m
To
72 m
Hole Depth
539.3 m
Intercept Depth
59 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2525:59-72
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-70 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a good width.

Negative factors

  • True width not determined.

Evidence · table

“1.10”

Context: 13

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2525Golden Summit · goldGrade: 3.45Grade Unit: g/tIntercept: 13.1 mView all details
Link to this fact

Identity

Hole ID
GS2525
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
3.45
Grade Unit
g/t
Intercept
13.1 m
From
181.7 m
To
194.8 m
Hole Depth
539.3 m
Intercept Depth
181.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2525:181.7-194.8
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-70 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows a high gold grade over a good width, which is positive, but true width is not known.

Positive factors

  • High-grade gold intercept over a good width.

Negative factors

  • True width not determined.

Evidence · table

“3.45”

Context: 13.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GS2525Golden Summit · goldGrade: 0.97Grade Unit: g/tIntercept: 49.4 mView all details
Link to this fact

Identity

Hole ID
GS2525
Project
Golden Summit
Commodity
gold
Region
usa_ak
Reported Region
usa_ak
Ticker
FVL

Geometry

Grade
0.97
Grade Unit
g/t
Intercept
49.4 m
From
407 m
To
456.4 m
Hole Depth
539.3 m
Intercept Depth
407 m

Classification

Program
mixed
Sample Type
drill
Group ID
GS2525:407-456.4
Mining Method
open_pit

Location

Azimuth
360 °
Dip
-70 °

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a significant width, contributing to the overall resource, but true width is not known.

Positive factors

  • Moderate gold grade over a significant width.

Negative factors

  • True width not determined.

Evidence · table

“0.97”

Context: 49.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Fact 40Golden Summit · goldGrade: 1.24Grade Unit: g/tView all details
Link to this fact

Identity

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

Geometry

Grade
1.24
Grade Unit
g/t

QA/QC

QP Signed
Yes

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: The reported indicated resource of 17.2 million ounces at a good grade is a significant positive for the project, demonstrating a high level of confidence and compliance with reporting standards.

Positive factors

  • Significant indicated gold resource ounces.
  • Good average grade for an indicated resource.
  • Cut-off grade is disclosed.
  • NI 43-101 compliant and QP signed.

Evidence · text

“Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Fact 41Golden Summit · goldGrade: 1.04Grade Unit: g/tView all details
Link to this fact

Identity

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

Geometry

Grade
1.04
Grade Unit
g/t

QA/QC

QP Signed
Yes

Compositing

Cutoff Grade
0.5
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: The reported inferred resource of 11.9 million ounces at a good grade adds significant potential to the project, though it carries lower geological confidence than indicated resources.

Positive factors

  • Significant inferred gold resource ounces.
  • Good average grade for an inferred resource.
  • Cut-off grade is disclosed.
  • NI 43-101 compliant and QP signed.

Negative factors

  • Inferred category has lower geological confidence.

Evidence · text

“Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Metallurgical Results (1)

locked-cycleGolden Summit · goldRecovery: 93.9 %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
locked-cycle
Processing Route
gravity recovery, locked-cycle flotation, cleaner flotation, Albion Process, Carbon-In-Leach
Sample
Master Composite of Golden Summit drill core assay rejects

Recovery

Recovery
93.9 %
Recovery Basis
actual_test
Mass Pull
4.6 %

Reagents

Reagent Notes
sulphide oxidation processes (Pressure Oxidation (POX), BiOx and Albion Process™) applied to concentrate

Lab

Laboratory
BaseMet Labs

Review

Needs Review
No
Historical
No

Dates

Event date
2025-11-20T00:00:00.000Z

Reasoning: The metallurgical test work demonstrates a very high overall gold recovery of 93.9% using a comprehensive flowsheet, which is highly positive for the project's economic viability, despite the refractory nature of the ore requiring advanced oxidation processes.

Positive factors

  • Very high net overall gold recovery of 93.9%.
  • Test work includes gravity recovery, flotation, and advanced oxidation processes.
  • Locked-cycle flotation tests completed, indicating good test maturity.
  • Master composite created from multiple drill holes, suggesting representativeness.
  • Supports advancement to Pre-Feasibility Study.

Negative factors

  • Sulphide oxidation processes (POX, BiOx, Albion Process) are required, indicating refractory ore.
  • Test work is based on a single master composite, limiting variability understanding.

Evidence · text

“The net overall gold recovery from the feed material was 93.9%.”

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.