Fremont Gold Ltd. is pleased to announce that it is appointing several new advisors to the Company. New Advisors Mr. Luis Arteaga, a seasoned explorationist and porphyry copper expert, has agreed to act as an advisor to the Company on technical exploration issues relating to our two copper-gold properties in Armenia. Mr. Arteaga has consulted to the Company in the past and visited the Company's Vardenis property for eight [...]
Fremont Gold Ltd. is pleased to announce that its Board of Directors has approved the granting of stock options to management, advisors and consultants pursuant to the Company's stock option plan. The stock options entitle the holders to purchase a total of 1,100,000 common shares in the capital stock of the Company at a price of $0.09 per common share. The stock options have a term of five years and vest over a 24-month [...]
Fremont Gold Ltd. , which own Fremont's Nevada lithium assets, to a private Australian-based group . The terms of the transaction are as follows: A one-time cash payment to Fremont of US$100,000 ; A 2% royalty granted in favour of Fremont on each of four projects, with a right for the purchaser to buy half of each royalty for US$2M per project; Buyer's assumption of US$125,000 of debt owed by Lithaur and assumption of all [...]
Fremont Gold Ltd. . Both holes encountered strongly altered, veined and brecciated volcanic host rock containing between 1% and 5% total sulfide mineralization over nearly their entire lengths. Observed sulfide mineralization comprises pyrite, enargite, chalcopyrite and molybdenite, more or less in that order, and is indicative of a fertile porphyry system. The core is currently being cut, logged and prepared for [...]
Fremont Gold Ltd. is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement consisting of a total of 11,553,000 units at a price of $0.10 per unit for gross proceeds of $1,155,300. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.17 [...]
Fremont Gold Ltd. is pleased to announce that it has been granted an exploration permit comprising 33.8 km2 over the Urasar mineral district in northern Armenia. Historical Soviet data reveals a non-NI43-101 compliant resource totaling approximately 344K oz Au in the Russian C1+C2 category and 649K oz Au in the P category1 in two separate zones . Background The Urasar project is located in the Lesser Caucasus Mountains [...]
Fremont Gold Ltd. wishes to announce that the existing loan from Dennis Moore, the Company's President, CEO and interim Chairman, has been increased by $150,000 to a total of $350,000. An unsecured non-interest bearing loan of $200,000 was previously provided by Mr. Moore to the Company for the purpose of advancing activities in Armenia; up to $200,000 of the loan will be repaid from the proceeds of the current private [...]
Fremont Gold Ltd. has amended the terms of its previously announced non-brokered private placement . The amended Offering will consist of up to 20,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share and one-half of one common share purchase warrant, each whole warrant entitling the holder to purchase an additional common share at a price of $0.17 [...]
Fremont Gold Ltd. is pleased to announce the terms of a non-brokered private placement of up to 25,000,000 units at a price of $0.12 per Unit for gross proceeds of up to $3,000,000 . Net proceeds of the Private Placement will be used to undertake an initial drill campaign at Fremont's Vardenis project located in central Armenia, for advancing Fremont's lithium assets in Nevada and for general working capital. Vardenis [...]
Fremont Gold Ltd. Fremont is pleased to provide a comprehensive update of its recent activities in Armenia: The Company has executed a definitive option agreement to acquire up to a 100% interest in Mendia Resources Corp. , an Armenian corporation, with Mendia's sole shareholder . Mendia holds the exploration license over the Vardenis copper-gold project in central Armenia. The Optionor will also provide drilling services [...]
Fremont Gold Ltd. is pleased to announce that it has staked 600 lode claims for lithium-bearing clays and an additional 105 brine claims over two hydrologically enclosed caldera basins in central Nevada: the northern Diamond Valley and Tub project in the Crescent Valley. As described in the Company's news release of May 9, 2023, Fremont's exploration team headed by VP Exploration Dr. Clay Newton, has identified and staked [...]
Fremont Gold Ltd. is pleased to announce that it has signed a letter of intent pursuant to which it has been granted an option to acquire up to 100% interest in Mendia Resources Corp. , an Armenian corporation, by Mendia's sole shareholder . Mendia holds the exploration license over the Vardenis copper-gold project in central Armenia. Additionally, the company is pleased to announce the filing of 133 new claims in Nevada [...]
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