Freegold Ventures

In the world of mineral exploration, the playbook often involves staking a claim in a historically productive region. Freegold Ventures, founded in 1985 by Harry Gordan Barr, did just that, focusing its efforts on Alaska, a jurisdiction with a long history of mining. The company, which was formerly known as International Freegold Mineral Development Inc., changed its name to Freegold Ventures Limited in September 2002. The company's story is centered on two key projects: Golden Summit and Shorty Creek. Golden Summit is a gold project located just outside Fairbanks, in a district known for significant historical gold production. Shorty Creek is a copper and gold exploration project also near Fairbanks. For years, Freegold operated as a junior exploration company, methodically advancing its understanding of the geology and potential of its properties. A pivotal moment came between 2020 and 2022, when an intensive drilling program of over 83,000 meters at the Golden Summit project significantly increased the estimated size and grade of the resource. This transformed Golden Summit into one of the largest undeveloped gold resources in North America. This success attracted significant attention and financing, including a brokered private placement of up to $30 million announced in March 2025. The company is now advancing the Golden Summit project towards a pre-feasibility study.