Freegold Ventures Limited is continuing its success on the Golden Summit Project as two drill rigs continue to operate. A total of 30 holes have been completed since March. The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.

Drilling continues to expand upon the broad higher-grade zone found within the Cleary Hill Vein swarm ("CVS") wh which dips southward and plunges towards the Dolphin intrusive, and which results in a significant amount of higher-grade mineralization at depth. The goal of holes GS 2308 - GS 2311, located in the northern part of the Dolphin area, is to improve the strip ratio by identifying mineralization closer to the surface and defining even more high-grade mineralization. The current program is deFrance Bed Holdings Co.,Ltd. provided consolidated earnings guidance for the year ending March 31, 2024.

For the year ending March 31, 2024, the company expects net sales of ¥60,500 million, an Operating profit of ¥4,850 million, Profit attributable to owners of the parent of ¥3,050 million or ¥84.67 basic per share. signed to test the boundaries, expand and infill the current mineral resource estimate (February 2023) which using a 0.45 g/t Au cut off and a $1,792 gold price is 12.01 million ounces at 0.92 g/t Au (407,544,000 tonnes) (indicated) and 7.7 million ounces at 0.85 g/t (282,303,000 tonnes) (inferred) in preparation for an anticipated Preliminary Economic Assessment early in 2024. A sample quality control/quality assurance program was implemented.

Drill cores were cut in half using a diamond saw, with one-half placed in sealed bags for preparation and subsequent geochemical analysis by ALS Chemex. All assays were performed by ALS Global Ltd., with sample preparation conducted at the ALS facility in Fairbanks, Alaska, with subsequent studies conducted primarily using its Vancouver and Reno laboratories.