Fremont Gold Ltd. announced the results of the geochemical soil sample survey undertaken at its Urasar property in northern Armenia. Urasar geochemical soil sample results. The Company collected a total of 744 C-horizon soil samples across the Urasar Mineral District in November and December 2023.

Urasar was last worked by Soviet government teams in the 1950s and 1960s, resulting in the identification of three mineralized zones and four geochemically anomalous zones along a 14 km strike length. Gold fire assay and multi-element geochemical results from Fremont's recent soil sampling survey display continuous gold-copper/base metal anomalies hosted in an east-west structure 1.2km wide over a 15 km strike length. Gold values ranged up to 449 ppb with a mean of 142 ppb.