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The latest announcement is out from Freeman Gold Corp ( (TSE:FMAN) ).
Freeman Gold Corp has appointed Ausenco Engineering Canada ULC to lead the feasibility study for its Lemhi Gold Project, following a competitive bidding process. The study aims to build on the 2023 Preliminary Economic Assessment, which outlined a high-grade, low-cost open pit operation expected to produce an average of 80,100 ounces of gold annually for the first eight years. The feasibility study is expected to maximize the project’s value while minimizing its environmental impact, further solidifying Freeman’s position in the gold mining industry.
More about Freeman Gold Corp
Freeman Gold Corp is a mining company focused on the development and exploration of gold resources in the United States. Its primary project, the Lemhi Gold Project, is located in Lemhi County, Idaho, and consists of a combination of patented and unpatented mining claims with significant gold production potential.
Average Trading Volume: 53,001
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.02M
For a thorough assessment of FMAN stock, go to TipRanks’ Stock Analysis page.