09:47 AM EST - Freegold Ventures Limited : reported the results from its ongoing drill program on the Golden Summit Project located near Fairbanks, Alaska where drilling is presently underway with two core rigs in the Dolphin deposit area. Hole GSDL12-01 is the first hole of the 2012 program in the Dolphin Zone and returned 314.1 metres averaging 0.69 grams per ton gold (g/t Au). It is a 60-metre step out to the north of hole GSDC 11-43 which intersected 200.3 metres of 0.85 g/t Au. The results of hole DL 12-01 also confirm that the mineralization remains open at depth and to the west and south. Additional drilling is planned to expand on the mineralization encountered in hole GSDL12-01. Freegold Ventures Limited
shares T.FVL are trading up $0.01 at $0.78.
