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Pacific Ridge Announces $1 1M Investment Backed by Delphi to Fund Drill Program at Kliyul Copper Gold Project
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Fremont Completes Drill Program at North Carlin Gold Project Results Pending
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Fremont Gold Ltd.: Fremont Amends Terms for Griffon Gold Project
Fremont or the
Company ) is pleased to announce that it has amended the terms of the option agreement relating to the Griffon gold project (
Griffon ), a past-producing gold mine located at the southern end of the Cortez Trend in White Pine county, Nevada.
In December 2019, Fremont entered into an option agreement (the
Option Agreement ) with Pilot Gold (USA) Inc. (
Pilot ), a wholly owned subsidiary of Liberty Gold Corp. (
Liberty ), to acquire 100% of Griffon (see news release dated December 18, 2019). Both Pilot and Liberty are arms length to the Company.
The original terms of the Option Agreement included a requirement that on December 16, 2020, Fremont would: (i) pay US$50,000 to Pilot; and (ii) issue a number of common shares of the Company to Liberty that would bring the total ownership of Liberty and its affiliates to 9.9% of the issued and outstanding shares of Fremont. Pilot has agreed to amend
Fremont Gold Ltd.: Fremont Adds Mac Jackson, Former Chief Geologist of Gold Standard Ventures, to Advisory Board
Fremont or the
Company ) is pleased to announce that Mac Jackson, the former Chief Geologist of Gold Standard Ventures Corp. (
Gold Standard ), has joined the Company s advisory board. Mr. Jackson directed the technical work at Gold Standard s Railroad-Pinion project (see Figure 1 for the location of Railroad-Pinion), which resulted in several new discoveries, including the Dark Star deposit. I m very pleased to announce that Mac has agreed to join Fremont s advisory board, said Blaine Monaghan, CEO of Fremont. Mr. Jackson developed the geologic model for the North Bullion deposit and directed the technical work that led to the discovery of the Dark Star deposit at Railroad-Pinion. Mac s deep understanding and knowledge of the Railroad-Pinion district, located at the southern end of the Carlin Trend, will prove invaluable as Fremont prepares to launch its maiden