Freegold to Present at the London 20:20 Gold Day and One2One Investor Forums
21 April 2008 - 11:00PM
PR Newswire (US)
VANCOUVER, April 21 /PRNewswire-FirstCall/ -- Freegold Ventures
Limited (TSX: ITF, OTCBB: FGOVF, Frankfurt: FR4) is pleased to
announce its participation in two leading London-based investment
forums. Freegold will be presenting at Gold Day, a 20:20 Investor
Series hosted by the Mining Journal on Wednesday, April 23, 2008.
Freegold's presentation will be at 12:55 pm at the Lincoln Centre,
18 Lincolns Inn Fields, London. Attendance at this full day event
is free for registered delegates. Investors wishing to register and
learn more about the conference should visit
http://www.2020series.com/gold/Home.asp. Freegold will also be
presenting at the One2One Forum hosted by Proactive Investors on
Thursday, April 24, 2008. This event commences at 5:45 pm at the
Chesterfield Mayfair Hotel 35 Charles Street, Mayfair, London and
will feature 3 company presentations followed by a wine reception.
Attendance is free, and investors interested in attending the forum
and learning more about Freegold and its advanced-stage gold
projects in Alaska and Idaho are encouraged to register at
http://www.proactiveinvestors.co.uk/eventregistration.php. About
Freegold Ventures Limited Freegold Ventures Limited is a North
American exploration and development company with a management team
experienced in mine development and production, and that has a
proven track-record in transitioning exploration companies into
gold producers. The Company is currently exploring advanced-stage
gold projects in Idaho and Alaska. Freegold holds a 100% lease
interest in the Almaden gold project in Idaho. This large tonnage
epithermal gold deposit was the subject of a feasibility study in
1997 calling for the development of a 95,000 oz/year open pit, heap
leach mine. Freegold has recently finalized a 54,700-foot drilling
program which has successfully identified numerous extensions to
the gold mineralization, along with newly identified open-ended
areas of molybdenum mineralization. The Company is in the process
of generating a new 43-101 resource which will be followed with the
commencement of new economic evaluations. Freegold's 40,100-foot
drill program in 2007 continued to discover new high-grade veins
and bulk tonnage shear zones on its 93% controlled Golden Summit
project outside Fairbanks, Alaska. Over 7 million ounces of gold
has historically been recovered from Golden Summit which is
situated less than 5 miles to the north of the +7 million ounce
Fort Knox Mine. Further evaluation and expansion of the
mineralization is currently being undertaken with a combination of
closely spaced shallow drilling, deeper, systematic core drilling
and on-going bulk sampling program, which includes seasonal
processing of gold mineralization using an on-site gravity-based
concentration plant. Drilling in 2008 will also be conducted on the
company's 100% controlled Rob property, where the Company has
intersected high-grade gold in near surface quartz veins similar in
appearance and grade to those being mined at the nearby 5.6 million
ounce Pogo Mine, and on the Vinasale deposit, where the Company
entered into an Exploration Agreement with option to lease on a
140,000 acre property in Alaska which contains the previously
identified Vinasale gold deposit The Qualified Person, Michael P.
Gross, M.S., P. Geo., VP Exploration, Freegold Ventures Limited has
reviewed and approved the contents of this release. On behalf of
the Board of Directors "Steve Manz" Steve Manz, President and
C.E.O. DISCLAIMER - This news release contains certain
"Forward-Looking Statements" within the meaning of Section 21E of
the United States Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements
will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the Toronto Stock
Exchange, British Columbia Securities Commission and the United
States Securities & Exchange Commission. The TSX has neither
approved nor disapproved the contents of this news release. CUSIP:
45953B107 CONTACT: Kristina Walcott - VP Corporate Development,
(604) 662-7307, DATASOURCE: Freegold Ventures Limited CONTACT:
Kristina Walcott - VP Corporate Development, (604) 662-7307,
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