95% Gold Extraction From Metallurgical Testing Program At Lemhi Gold Project

VANCOUVER - Freeman Gold Corp. reported final results from the comprehensive 2021/22 metallurgical testing program conducted on the Lemhi Gold Deposit, located in eastern Idaho. Expanding from previous work, the metallurgical test work has now been completed to a level to allow its inclusion into a Preliminary Economic Assessment (PEA).  Gold cyanidation extractions averaged 95%, based on 38 variability samples, with head grades ranging from 0.2 g/t to 10.9 g/t Au, and averaging 1.02 g/t. Samples were collected over a large spatial area considered representative of the 2020 maiden mineral resource. The results are based on moderate process operating conditions that are suitable for a conventional carbon in pulp ("CIP") tank leaching process. This includes a grind of 80% passing particle size (P80) 106 microns, with a leach retention time of approximately 36 hours, following gravity pre-treatment.  

"Our completed metallurgical program has confirmed excellent gold recoveries over a large spatial area representative of the Lemhi resource estimate," said, Paul Matysek, Executive Chairman. "Furthermore, metallurgical samples collected at depth provided consistent and similar recoveries as those near surface. This bodes very well for our current drill program as we look to build oxide gold ounces on strike and at depth."