Fremont Gold Ltd.
Symbol: TSXV: FRE OTCQB: FRERF
Market Cap: Private
- Fremont has assembled a portfolio of potential world-class copper-gold projects within the Tethyan belt projects of Armenia.
- The Vardenis property is a former Dundee Precious Metals Corp project that occurs along strike from the world-class Amulsar gold deposit in the same prospective sequence of Eocene volcanics. Dundee identified an 8km long gold-in-soil geochemical anomaly as well as a 3.6km x 2km copper anomaly, the current focus of Fremont’s exploration efforts
- The company was also recently granted an exploration permit over the Urasar Mineral district in northern Armenia. Previous exploration work at Urasar was carried out in the 1950s by Soviet exploration teams which identified three “deposits” hosting over 1M oz of gold (non-43-101 compliant) along the Chibukhlu fault. Results from a recent geochemical survey soil reinforces this historic work, demonstrating a mineralized structure anomalous in copper, gold and basemetals with a strike length of over 15kms.