Freegold Limited
Freegold is advancing Golden Summit, a large gold resource (17.2 Moz indicated, 11.9 Moz inferred) in Alaska's Tintina Gold Belt near Fairbanks. A ~50,000m 2026 drill program is targeting infill and expansion ahead of a planned 2027 PFS.
Notable vs. Peers
- Trading within 0% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not in place: mill. Not yet determined: tailings facility, grid power.
Jurisdiction (40%)9/10
Alaska: Fraser PPI 2025 is 82.71 of 100 (rank 19 of 68), which maps to 9 on this site's scale. Alaska is a top-ranked, stable US mining jurisdiction, though remote logistics and federal NEPA permitting timelines add moderate friction.
Infrastructure (40%)5/10
No confirmed mill and confirmed road access at Golden Summit Project, Alaska, USA; grid power and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)10/10
Fort Knox (Kinross Gold Corporation) is 9 km away -- within shared-mill trucking range.
Acquisition Susceptibility
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 in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:9.1/10
Nearest producing mine: Fort Knox (Kinross Gold Corporation), 9 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President & CEO of Freegold Ventures since September 2009, and a director since 2010, after serving as the company's VP Business Development from 2005 to 2009. Roughly 20 years in mining and exploration, including prior roles as General Manager of Orex Laboratories and Mines/Land Manager for Pacific North West Capital and CanAlaska Uranium.
Professional geologist with over 40 years of experience in mineral exploration and mine development. Advisor to CopAur Minerals Inc. (TSXV: CPAU) and a Director of Evergold Corp. (TSXV: EVER). Founded EuroZinc Mining Corp., which acquired the Neves-Corvo copper mine and the Aljustrel zinc-copper mine in Portugal and grew to a market capitalization of over $1.8 billion before being acquired by Lundin Mining; served as its President and COO while Neves-Corvo produced roughly 200 million lbs of copper annually. Earlier held senior exploration manager roles with Amoco Minerals/Cyprus Minerals in Canada, Norway and New Zealand, contributing to the Detour Lake, Golden Cross and Huckleberry deposits, all of which became producing mines. Has served as VP Exploration and Development and a Director of Freegold Ventures Limited since 2010/2011, and is also a Director of Finlay Minerals. Sources: copaur.com/our-team/ and evergoldcorp.ca/corporate/board/.
B.Sc. geologist with over 40 years of exploration, mining, and operational experience across multiple countries, with the past 30 years focused on gold exploration. Served as President, CEO and Director of Cumberland Resources Limited, where he was directly responsible for identifying and advancing two gold-mining districts in Nunavut before the company was acquired by Agnico Eagle Mines. Also served as Chairman and CEO of Gold-Ore Resources Ltd., which acquired and restarted a gold mine in northern Sweden before being acquired by Elgin Mining, and has sat on the boards of Atna Resources, BrazilianGold Corporation, and Venerable Ventures. Currently a Director of Freegold Ventures Limited and President and CEO of Meliadine Gold Ltd.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Eric Sprott, the best-known financier in junior gold, is far and away Freegold's largest shareholder and has been since 2020, when an early warning report put him at 24.2% of the shares outstanding. He has kept adding: in January 2026 he took 7,700,000 shares in a brokered private placement for $10,010,000 through 2176423 Ontario Ltd. Reporting through 2025 and 2026 puts him around 27-28%. Nothing else on the register is a conviction position -- the only named holder we carry is a Van Eck adviser line from December 2020, now five and a half years old, and no producer or major holds a stake.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Freegold is advancing the Golden Summit gold project in Alaska's Tintina Gold Belt, near Fairbanks. The July 2025 resource update holds 18,235,000 oz of gold in indicated resources across its oxide, primary and under-pit zones, with no measured category, plus 13,033,000 oz inferred. A 50,000 m, six-rig drill campaign in 2026 is targeting higher-grade corridors ahead of an updated resource estimate and a pre-feasibility study targeted for 2027.
Golden Summit Project (Alaska, Tintina Gold Belt): 17.2 Moz Indicated + 11.9 Moz Inferred gold resource. ~50,000m 2026 drill program targeting infill/expansion ahead of a planned 2027 PFS -- pre-PEA, no NPV/IRR/mine-life exists yet.
No loan/borrowings line items in the statements; the only 'borrowing' references are to the incremental borrowing rate used to discount lease liabilities. Cash and cash equivalents of $52,393,794 as of March 31, 2026.