Vancouver - Fremont Gold Ltd. (FRE: TSXV; FRERF: OTCQB; FR2: FSE) ('Fremont' or the 'Company') is pleased to announce that road and drill pad construction is underway at the past producing Griffon gold project ('Griffon'), located at the southern end of the Cortez Trend, Nevada, and that Nevada-based Envirotech Drilling LLC has been selected as the drill contractor.
The fully funded Phase 1 drill program will commence shortly after the roads and drill pads have been constructed, which is expected to take approximately two weeks to complete. The 2,000-metre reverse circulation drill program will consist of a minimum of ten drill holes and will test a number of targets, including gold-in-soil anomalies, an area of unmined mineralization to the southwest of the Hammer Ridge pit, permissive stratigraphic targets, and the jasperoid-bearing Blackrock fault.
'These are exciting times for Fremont's shareholders as we are only weeks away from the first drill program to be conducted at Griffon since the late 1990s' said Blaine Monaghan, CEO of Fremont. 'We know that Carlin-style deposits have the potential to be very large systems and we look forward to testing that potential soon.'
Drill target notes
Thallium has been recognized as a commonly enriched element in alteration assemblages associated with Carlin-type gold deposits. Several planned drill sites at Griffon are located on coincident thallium and gold soil anomalies which form a NW-SE trend through the Discovery and Hammer Ridge pit areas.
The Joana Limestone was the primary gold host at Griffon and is the main gold host at Fiore Gold Ltd.'s ('Fiore Gold') Gold Rock project (formerly Easy Junior).
The Pilot Shale is the main gold host at Fiore Gold's Pan Mine and several deposits at Kinross Gold Corporation's Bald Mountain Mine complex.
The Blackrock fault is a structural discontinuity marking the contact between the Joana Limestone and the overlying Chainman Formation. This contact is a major gold-bearing zone at Fiore Gold's Gold Rock project. In addition, extensive jasperoid development exists along the Blackrock fault at Griffon (jasperoids are surface alteration features that can indicate the presence of precious metal mineralization at depth). This structural discontinuity was likely to have been a conduit for hydrothermal fluids, making the fault, and the permeable units above and below it, a prospective gold host.
About Fremont
Fremont's mine-finding management team has assembled a portfolio of high-quality Nevada gold projects with the goal of making a new discovery. The Company's flagship project is the past-producing Griffon gold project, located at the southern end of the Cortez Trend. Fremont's other projects include Cobb Creek, North Carlin, Goldrun, and Hurricane.
Contact:
Blaine Monaghan
Tel: +1 604-676-5664
Web: www.fremontgold.net
Forward looking statements
Certain statements and information contained in this press release constitute 'forward-looking statements' within the meaning of applicable U.S. securities laws and 'forward-looking information' within the meaning of applicable Canadian securities laws, which are referred to collectively as 'forward-looking statements'. The United States Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for certain forward-looking statements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as 'seek', 'expect', 'anticipate', 'budget', 'plan', 'estimate', 'continue', 'forecast', 'intend', 'believe', 'predict', 'potential', 'target', 'may', 'could', 'would', 'might', 'will', 'hope', 'will be', 'expected' and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking statements in this and other press releases include but are not limited to the potential for the discovery of a Carlin-type deposit, estimated time to complete road and drill pad construction, the anticipated start date of the drill program at Griffon, and the amount of metres and holes to be drilled. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Actual results and future events could differ materially from those anticipated in such statements. Fremont undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
FREMONT GOLD LTD. 
