Freeman Gold Corp
Freeman Gold's 100%-owned Lemhi Gold Project in Lemhi County, Idaho, received a Feasibility Study on June 29, 2026 confirming a Proven and Probable Reserve of 1.0 million ounces gold, a 15-year mine life, US$696 million post-tax NPV(5%) and 34.4% IRR at a US$3,650/oz base case. Over 90% of known mineralization sits on patented claims with mining and domestic water rights already secured, and the company intends to pursue the US FAST-41 federal permitting framework used by peers Integra Resources and Liberty Gold. Freeman reported CAD $7.95 million cash against CAD $4.02 million debt as of May 31, 2026.
Notable vs. Peers
- Financials score of 4.4/10 is weaker than the peer average of 6.6/10.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
CEO and Director of Freeman Gold Corp. 10+ years in mining; previously CFO at Lithium X Energy Corp. (sold for $265M) and Goldrock Mines Corp. (sold for $180M); CPA with senior manager experience at Deloitte LLP.
Executive Chairman of Freeman Gold Corp. Geologist/geochemist with 40+ years in mining; has sold five publicly listed companies worth over $2 billion combined since 2004; EY Entrepreneur of the Year for Mining & Resources (2018).
VP of Exploration at Freeman Gold Corp. 20+ years' exploration experience across 50+ countries; previously VP and partner at APEX Geoscience Ltd.; Qualified Person under NI 43-101.
VP of Environmental and External Relations at Freeman Gold Corp. 15+ years across mining, infrastructure and consulting; specializes in permitting, regulatory strategy and stakeholder engagement in North America.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Brian Paes-Braga, a well-known Canadian resource financier, came in as a strategic insider investor in October 2025, and Freeman raised about $10.5 million across a strategic placement and a convertible debenture in mid-2025 — but no position size has ever been disclosed for him or for any other holder, so the depth of that backing cannot be established. No producer or specialist fund is confirmed on the register and institutional ownership is nil. The June 2026 feasibility study put Lemhi's after-tax NPV at US$696 million.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Lemhi Gold Deposit Measured+Indicated Resource: 1,221,000 oz Au at 0.79 g/t in 48.310 Mt, per the 5 Feb 2026 updated MRE (233,000 oz increase over the 2023 MRE, 84,000 oz upgraded from Inferred). Inferred (240,000 oz at 0.70 g/t, 10.683 Mt) is NOT included. The Feasibility Study (29 Jun 2026) subsequently carved a Proven+Probable Reserve of 1.0 Moz at 0.74 g/t (43.0 Mt) out of this resource for mine planning.