# FREEMAN GOLD COMPLETES DRILLING AT THE LEMHI GOLD PROJECT

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/freeman-gold-completes-drilling-at-the-lemhi-gold-project--f8655ae4-5298-4a40-b371-48110b64eb7c

Original source: https://money.tmx.com/en/quote/FMAN/news/4917015449506357/freeman-gold-completes-drilling-at-the-lemhi-gold-project

Publisher: tmx

Original announcement: 2025-06-09T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Freeman Gold Corp.

- Ticker: FMAN

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update, Other, Economic study

- Extracted: 2026-09-17 23:06:35 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Freeman Gold Corp. has completed a 2,860-metre reverse circulation \(RC\) drilling program at the Lemhi Gold Project. The program aimed to convert inferred resources to measured/indicated categories and explore new zones, with assay results expected in early Q3 2025.

Reasoning: The announcement reports the completion of a drilling program intended for resource conversion and exploration, but actual assay results are pending \(expected Q3\). It also restates existing resource and PEA metrics.

- Positive factor: Completion of RC drilling program on time and budget

- Positive factor: Program designed for resource conversion and exploration extension

Facts used in scoring: 4

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Story-specific tag

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The RC program was designed to convert inferred ounces to measured or indicated categories.

Evidence · text

> Convert inferred ounces from the current mineral resource estimate \(" MRE "\) ... to either measured or indicated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The resource estimate is explicitly stated as NI 43-101 compliant.

Evidence · text

> The pit constrained National Instrument 43-101 \(" NI 43-101 "\) compliant mineral resource estimate

**QP/CP Signed**

Polarity: positive

Definition: 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: The technical content was reviewed and approved by a Qualified Person \(Dean Besserer\).

Evidence · text

> The technical content of this release has been reviewed and approved by Dean Besserer , P. Geo., VP Exploration of the Company and a Qualified Person

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Resource Estimates (3)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/freeman-gold-completes-drilling-at-the-lemhi-gold-project--f8655ae4-5298-4a40-b371-48110b64eb7c#fact-resource-facts-0)

Lemhi Gold Project · gold

#### Identity

- Project: Lemhi Gold Project
- Commodity: gold
- Ticker: FMAN

#### Resource scope

- Estimate type: resource
- Effective date: 2025-05-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dean Besserer
- Resource group id: resource:4b63ec770e0c13540bc8
- Deposit or zone: pit constrained
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 25500000
- Grade: 1
- Grade Unit: g/t
- Contained Metal: 819300
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-05-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-09T00:00:00.000Z

Reasoning: Indicated portion of the current MRE.

Evidence · text

> 25.5 million tonnes \(819,300 oz\) ... Indicated \(819,300 oz\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/freeman-gold-completes-drilling-at-the-lemhi-gold-project--f8655ae4-5298-4a40-b371-48110b64eb7c#fact-resource-facts-1)

Lemhi Gold Project · gold

#### Identity

- Project: Lemhi Gold Project
- Commodity: gold
- Ticker: FMAN

#### Resource scope

- Estimate type: resource
- Effective date: 2025-05-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dean Besserer
- Resource group id: resource:b2dd6bcc2e685a59b8ff
- Deposit or zone: pit constrained
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 4700000
- Grade: 1
- Grade Unit: g/t
- Contained Metal: 168800
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-05-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-09T00:00:00.000Z

Reasoning: Measured portion of the current MRE.

Evidence · text

> 4.7 million tonnes Measured \(168,800 oz\)

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/freeman-gold-completes-drilling-at-the-lemhi-gold-project--f8655ae4-5298-4a40-b371-48110b64eb7c#fact-resource-facts-2)

Lemhi Gold Project · gold

#### Identity

- Project: Lemhi Gold Project
- Commodity: gold
- Ticker: FMAN

#### Resource scope

- Estimate type: resource
- Effective date: 2025-05-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dean Besserer
- Resource group id: resource:8b98bd3a71ace016d071
- Deposit or zone: pit constrained
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 7630000
- Grade: 1.04
- Grade Unit: g/t
- Contained Metal: 256000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-05-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-09T00:00:00.000Z

Reasoning: Inferred portion of the current MRE.

Evidence · text

> 256,000 oz Au at 1.04 g/t Au in 7.63 million tonnes \(Inferred\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## 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.
