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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 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 [...]
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 [...]
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 [...]
Fremont Gold Ltd. is pleased to announce the appointment of Jason Libenson to Fremont's Board of Directors with immediate effect. Based out of Toronto, Jason Libenson is the President and Chief Compliance Officer at Castlewood Capital Corporation, an independent investment bank in the Canadian small to mid-size capitalization market. Jason has [...]
Fremont Gold Ltd. is pleased to announce that the Company has closed the previously announced sale of its 100% interest in the Coyote and Rossi claim blocks, located along the northern Carlin Trend in Elko County, Nevada, to Westward Gold Inc. . Pursuant to the definitive claims acquisition agreement with Westward, Fremont has received the [...]