FREEMAN GOLD TO ATTEND IDAHO MINING CONFERENCE AND ANNOUNCES COMPLETION OF DRILL PROGRAM FOR Q1 2026 FEASIBILITY STUDY

Original announcement by tmx on

Company
Freeman Gold Corp.
Ticker
FMAN
Exchange
TSX
Region
Unavailable
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update, Drill results, Metallurgy
Extracted
2026-09-17 23:08:55 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Freeman Gold Corp. has announced the completion of its infill drilling program at the Lemhi Gold Project, which was expanded to include additional core holes. The program aims to convert inferred resources to measured or indicated categories to support the upcoming Q1 2026 Feasibility Study. Additionally, metallurgical testing is currently underway to provide data for the study.

Reasoning: The company has completed an infill drilling program intended to convert inferred resources to measured/indicated, which is a key de-risking step for their upcoming feasibility study. While no new assay values were released in this specific announcement, the successful completion of the program and the ongoing metallurgical work are positive progress signals.

Positive factors

  • Completion of infill drill program
  • Expansion of drill program to include additional core holes
  • QA/QC protocols disclosed
  • Use of accredited laboratory
  • Ongoing metallurgical testing to support feasibility study

Facts used in scoring: 5

Classification and evidence

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company reports the successful completion of its infill drill program at the Lemhi Gold Project.

Evidence · text

“successfully completed its infill drill program at the Lemhi Gold Project”

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 regimented QA/QC program including duplicates, blanks, and standards.

Evidence · text

“at least 10% duplicates, blanks and standards are inserted into each sample shipment”

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: The technical content was reviewed and approved by a Qualified Person (Dean Besserer, P. Geo.).

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: 5. Some facts used in scoring do not have a stored record.

Drill Results (1)

Fact 1Needs review: drill_no_hole_idView all details
Link to this fact

Identity

Region
usa_id
Reported Region
usa_id
Ticker
FMAN

Classification

Program
resource
Sample Type
drill

QA/QC

Laboratory
ALS Global Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2025-10-24T00:00:00.000Z

Reasoning: Completion of the infill program is a milestone for the project's advancement toward feasibility.

Positive factors

  • Program completion
  • Expansion of scope

Evidence · text

“successfully completed its infill drill program at the Lemhi Gold Project”

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 "resource"

Resource Estimates (3)

indicatedLemhi Gold Project · goldTonnes: 25500000Grade: 1Grade Unit: g/tContained Metal: 819300Contained Unit: ozView all details
Link to this fact

Identity

Project
Lemhi Gold Project
Commodity
gold
Ticker
FMAN

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Resource group id
resource:42ef54ada18c0eaa0241
Ownership percent
100 %

Resource Data

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

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-24T00:00:00.000Z

Reasoning: The resource figures provided are a restatement of the existing NI 43-101 compliant MRE mentioned in the text.

Evidence · text

“25.5 million tonnes (819,300 oz) at 1.0 gram per tonne (g/t)”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

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

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

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

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

measuredLemhi Gold Project · goldTonnes: 4700000Grade: 1Grade Unit: g/tContained Metal: 168800Contained Unit: ozView all details
Link to this fact

Identity

Project
Lemhi Gold Project
Commodity
gold
Ticker
FMAN

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Resource group id
resource:bc5bce1153ebdcaaf002
Ownership percent
100 %

Resource Data

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

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-24T00:00:00.000Z

Reasoning: The resource figures provided are a restatement of the existing NI 43-101 compliant MRE mentioned in the text.

Evidence · text

“4.7 million tonnes Measured (168,800 oz) & 25.5 million tonnes Indicated (819,300 oz)”

Tags used in scoring

Measured Resourcepositive

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

Why it applies: category is "measured"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

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

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

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

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

inferredLemhi Gold Project · goldTonnes: 7630000Grade: 1.04Grade Unit: g/tContained Metal: 256000Contained Unit: ozView all details
Link to this fact

Identity

Project
Lemhi Gold Project
Commodity
gold
Ticker
FMAN

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Resource group id
resource:e62e382c71bd5a49c28b
Ownership percent
100 %

Resource Data

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

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-24T00:00:00.000Z

Reasoning: The resource figures provided are a restatement of the existing NI 43-101 compliant MRE mentioned in the text.

Evidence · text

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

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

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

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

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

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

Metallurgical Results (1)

Fact 1Lemhi Gold Project · goldView all details
Link to this fact

Identity

Project
Lemhi Gold Project
Commodity
gold
Ticker
FMAN

Test Work

Program Status
detailed

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-24T00:00:00.000Z

Reasoning: Metallurgical testing is in progress; specific results are not yet disclosed in this release.

Positive factors

  • Ongoing testing to support feasibility

Evidence · text

“core and RC samples have been selected and are currently undergoing analysis as part of the ongoing Feasability Study”

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.