Freeman Gold Corp. Stakes Additional Claims at the Lemhi Gold Property and Adds Tom Panoulias to Management
Freeman Gold Corp. Stakes Additional Claims at the
Lemhi Gold Property and Adds Tom Panoulias to
Management
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2020) - Freeman Gold Corp. (formerly Lodge Resources Inc.) (CSE:
FMAN) (FSE: 3WU) ("Freeman" or the "Company") is pleased to announce the staking of 219 additional claims at its Lemhi
Gold Project. The newly staked claims cover highly prospective areas in the vicinity and along strike of the known near surface,
oxide gold mineralization outlined by over 355 drill holes between 1980 and 2013. The Lemhi Gold Project now consists of
7,515 acres of highly prospective ground that has gone largely unexplored despite the discovery of the historical resource.
Dean Besserer, VP Exploration, commented, "Having secured a total property package of approximately 30 square kilometers
surrounding the historical Lemhi oxide gold mineralization allows the Company to increase its chances of discovering further
satellite deposits. Given the current geological interpretation and the magnitude of the mineralized body, we feel that securing
this additional land was imperative, as it will allow the Company to pursue an aggressive exploration program in conjunction with
resource focused drilling."
Freeman is pleased to announce the appointment of Tom Panoulias as Vice President, Corporate Development, effective June
10, 2020. Mr. Panoulias is a capital markets professional with over 15 years of experience. Mr. Panoulias has previously worked
at Echelon Wealth Partners, Fraser Mackenzie, and Dundee Capital Markets, raising over one billion dollars for issuers in the
mining sector and advising senior management teams on numerous merger and acquisition transactions. Prior to entering
capital markets, Mr. Panoulias held senior roles at Kinross Gold Corporation and TVX Gold Inc. in corporate development,
responsible for managing various acquisition and divestiture activities. Mr. Panoulias holds an Honours Bachelor of Commerce
degree from the University of Toronto and is a member of the Canadian Institution of Mining and Metallurgy and the Toronto
Society of Financial Analysts.
William Randall, President & CEO, continued, "I would like to welcome Tom to the Freeman team. We are pleased to have
Tom's experience and expertise as we get working on the Lemhi Gold Project. Our initial focus will be to complete a maiden NI
43-101 compliant resource estimate within the historical resource area, focusing on the near surface, oxide material by following
up on the voluminous work completed by previous operators."
This news release has been reviewed and approved by Dean Besserer, P. Geo., VP Exploration with Freeman Gold Corp., a
"Qualified Person", under National Instrument 43-101 Standard for Disclosure for Mineral Projects.
About the Company:
The Company is a mineral exploration company focused on the acquisition, exploration and development of mineral properties
in Canada and the USA.
On Behalf of the Company
Kelvin Lee, Vice President of Freeman
For further information, please visit the Company's website at
www.freemangoldcorp.com
or contact Ken Cotiamco at
604-687-7130, email
Forward Looking Statements: This press release contains "forward
looking information or statements" within the meaning of
Canadian securities laws, which may include, but are not limited to statements relating to its future business plans. All
statements in this release, other than statements of historical facts, that address events or developments that the Company
expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and
are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may differ from those in the
forward-looking statements. Such forward-looking information reflects the Company's views with respect to future events and
is subject to risks, uncertainties and assumptions. The Company does not undertake to update forward
looking statements or
forward
looking information, except as required by law.
Neither Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or
accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/57679