VANCOUVER, BRITISH COLUMBIA - Freeman Gold Corp. (TSXV: FMAN, OTCQX: FMANF, FSE: 3WU) ('Freeman' or the 'Company') is pleased to announce the successful completion of its 2022 drill program at its 100% owned Lemhi Gold Deposit, Idaho, USA. The program consisted of 58 diamond drill holes and 13 reverse circulation ('RC') for a total of 15,349 metres. Drilling successfully extended known mineralization in areas previously modelled as barren (unmineralized) in the Company's maiden mineral resource estimate (refer to press release dated July 8, 2021) with the objective of increasing the modelled in-pit ounces.
Paul Matysek, Executive Chairman, commented, 'We had a very busy year, which included extensive expansion drilling, permitting milestones, positive metallurgical work and a new discovery, as we are completing the building blocks for our PEA. In addition, senior management has supported the stock by continuing to expand our positions.'
2022 Program Highlights
Drilling:
To date, results for 50 percent (29 holes) of the completed holes, including three holes at the Company's high grade Beauty Zone gold discovery have been received and released. Drilling highlights from this campaign include:
Discovered the Beauty Zone with initial drill hole containing 68.23 g/t Au over six metres and five follow-up holes with results pending for three RC holes; Significant shallow intercepts in oxide expanded the known mineralization to both the east and west by 80 and 166 metres, respectively; Gold mineralization now extends to at least 348 metres and is open at depth; and Selected highlighted results include 61 g/t Au over 66m, including 3.1 g/t Au over 5.0m (FG22-011C); 0.55 g/t Au over 55m, including 1.1 g/t Au over 18.52m (FG22-001C); 0.34 g/t Au over 105.92m including 1.49 g/t over 7.0m (FG22-031C); 0.24 g/t Au over 156.69m including 2.1 g/t over 7.44m (FG21-004C); 1.2 g/t Au over 24m (FG22-036C), 0.4 g/t Au over 41m (FG22-003C); 1.5 g/t Au over 9.0m (FG22-010C); 0.61 g/t Au over 90m, including 0.92 g/t Au over 15.97m (FG22-009C); 0.94 g/t Au over 41m, including 1.67 g/t Au over 17m (FG22-014C); 0.73 g/t Au over 7.5m (FG22-002C; deepest mineralization drilled to date (340m) at Lemhi; and 2.1 g/t Au over 16m (FG22-016C). See releases dated October 12, 2022, and November 9, 2022, and Tables 1 and 2 below.
About the Company and Project
Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the 'Project'). The Project comprises 30 square kilometres of highly prospective land, hosting a near-surface oxide gold resource. The pit constrained NI 43-101 compliant mineral resource estimate is comprised of 749,800 oz gold ('Au') at 1.02 grams per tonne ('g/t') in 22.94 million tonnes (Indicated) and 250,300 oz Au at 1.01 g/t Au in 7.83 million tonnes (Inferred). See the NI 43-101 technical report titled 'Maiden Resource Technical Report for the Lemhi Gold Project, Lemhi County, Idaho, USA' with an effective date of June 1, 2021, and signing date of July 30, 2021, as prepared by APEX Geoscience Ltd. and F. Wright Consulting Inc. available under the Company's profile on SEDAR (www.sedar.com). The Company is focused on growing and advancing the Project towards a production decision. The technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., VP Exploration of the Company and a Qualified Person as defined by NI 43- 101.
Contact:
Mr. Tom Panoulias
T: 416-294-5649
E: tom@freemangoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains 'forward?looking information or statements' within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to exploration, results therefrom, and the Company's future business plans. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects,' 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ from those in the forward-looking statements. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties, and assumptions. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects. The Company does not undertake to update forward?looking statements or forward?looking information, except as required by law.
FREEMAN GOLD CORP. 
