Freeman GOLD Reports ON the Beauty Zone – a High Grade GOLD Target Adjacent to Lemhi GOLD Resource
FREEMAN GOLD REPORTS ON THE BEAUTY ZONE – A HIGH GRADE
GOLD TARGET ADJACENT TO LEMHI GOLD RESOURCE
• 350 metre by 250 metre coincidental gold in rock and soil anomaly open in 3 directions
• Located 600 metres west of Lemhi gold resource
• 52 of 105 rock samples greater than 1 g/t Au with 28 samples greater than 10 g/t Au
(up to 450 g/t Au)
• Zone is heavily oxidized and silicified at surface
• Trenching and drill pad construction are underway.
CANADIAN SECURITIES EXCHANGE: FMAN FOR IMMEDIATE RELEASE
VANCOUVER, BRITISH COLUMBIA – October 25 , 202 1 – Freeman Gold Corp. (CSE: FMAN,
OTCQB: FMANF, FSE: 3WU) (“Freeman” or the “Company”) is pleased to report geochemical results
from the newly discovered Beauty Zone (“Beauty Zone”). This zone lies approximately 600 metres west
of the Lemhi Gold Deposit where Freeman recently reported a maiden Mineral Resource Estimate on July
8, 2021.
The untested Beauty Zone lies wholly within Freeman’s patented mining claims and is defined by a 350
metre by 250 metre coincidental gold in rock and soil anomaly . Sections of this zone were hydraulically
mined between 1890 and the early 1900s. The Beauty Zone was first identified from prospecting during the
2020 field work program, described as Target 1 in the press release dated May 6, 2021. The Beauty Zone’s
location in relation to the Lemhi Gold Deposit and other exploration targets is shown in Figure 1.
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FIGURE 1: BEAUTY ZONE TARGETS – Location in Relation to Lemhi Gold Deposit
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“With the discovery of the Beauty Zone we have added a high qual ity target to our resource potential ,”
commented Paul Matysek, Executive Chairman. “We are very excited about the prospects of adding near
surface, high grade oxide ounces near Lem hi. The similarities between the ir geological settings and the
very prospective geochemical results are striking. It’s a beauty! Drill pads are being constructed for drill
testing.”
In total, 105 rock grab and 347 soil samples have been collected in and around the Beauty Zone. A total of
52 rock samples returned values greater than 1 gram per tonne (“g/t”) gold (“Au”), 39 with values greater
than 5 g/t Au and 28 samples with greater than 10 g/t Au (up to 450 g/t Au) . Rock samples are heavily
oxidized and silicified at surface. (See Table 1: Figure 2)
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FIGURE 2: BEAUTY ZONE TARGET – Rock Grab Samples
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One contrast to mineralization at the Lemhi Gold Deposit is the presence of associated silver in many of
the anomalous rock samples. Of the 105 rock grab sample results received to date, 48 samples at the Beauty
zone contain greater than 10 g/t silver (“Ag”) (up to 219 g/t Ag). Furthermore, the anomalous rock grabs
coincide with a gold in soil anomaly (identified by Freeman during the 2020/2021 exploration campaigns)
which is approximately 350 by 250 metres.
The Beauty Zone Target is hosted in Proterozoic silttites and quartzites similar to the Lemhi Gold Deposit.
The target area is structurally complex. Within the center of Beauty Zone is an interpreted Northeast-
Southwest (“NE-SW”) striking fault. The host metasediments dip in opposite directions on either side of
this fault (NW in the east block, SE in the west block). Although there is a limited amount of outcrop
exposed, it appears that gold-silver mineralization is hosted in Northwest-Southeast oriented quartz veins
which following jointing patterns running sub -perpendicular bedding and the NE trending fault . A fold
observed in the outcropping quartz veins has rock grab samples containing 46 g/t Au and 56 g/t Ag. These
high-grade quartz veins exposed at surface represent a compelling target with respect to gold -silver
mineralization on the property (See Figure 2).
Recently, Freeman re-established road cuts over the Beauty Zone Targ et and exposed additional outcrops
containing quartz veins, altered and oxidized silttites, silicified silttites and/or quartzites, fault gouges and
folded stratigraphy. The outcrops are all currently being mapped and rock channel sampled. Drill pads are
being constructed for initial drill testing.
All drill rock samples are sent to ALS Minerals Division, Vancouver, BC, an independent and fully
accredited laboratory in Canada for analysis for gold by Fire Assay and multi -element Induction Coupled
Plasma Spectroscopy. Freeman has a regimented Quality Assurance, Quality Control program where at
least 10% duplicates, blanks and standards are inserted into each sample shipment. Additionally, soil
samples were sent to SGS Canada Inc. and analyzed using Ionic Leach (“IL”) method. Rock grab samples
are by their nature selective and are not necessarily indicative of the general geology or the grade within
the Property.
About the Company
Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned
Lemhi Gold property (the “Lemhi Project”). The Lemhi Project comprises 30 square kilometres of highly
prospective land . The project hosts a near surface, shallow , high grade oxide gold resource. The pit
constrained National Instrument 43-101 compliant mineral resource estimate is comprised of 749,800 oz
gold (“Au”) at 1.02 grams per tonne (“g/t”) in 22.94 million tonnes (Indicated) and 250,300 oz Au at 1.01
g/t Au in 7.83 million tonnes (Inferred ). The Company is focused on gro wing and advancing the Lemhi
Project towards a production decision. The technical content of this news release has been reviewed and
approved by Dean Besserer, P.Geol., VP Exploration of the Company and a Qualified Person as defined by
National Instrument 43-101.
On Behalf of the Company
William Randall
President & CEO
For further information, please visit the Company’s website at www.freemangoldcorp.com or contact
Mr. Tom Panoulias at 416-294-5649 or by email at: [email protected]
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,
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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”, “cou ld” 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.