Freegold Ventures Limited is a exploration stage company, which is engaged in acquiring, exploring and developing precious and base metal properties. The Company through its United States subsidiaries is engaged in the business of acquiring and exploring precious metal properties in the United States and Canada. Its material mineral properties are the Golden Summit Project and the Shorty Creek Project, each located in Alaska. The Golden Summit Project is a gold exploration project near Fairbanks, Alaska. The Golden Summit Project consists of several long-term leases that includes Keystone Claims, Tolovana Claims, Newsboy Claims, Green Claims, Chatham Claims, and Alaska Mental Health Trust Property. The Shorty Creek Project is a copper-gold porphyry target that is located approximately 120 kilometers northwest of Fairbanks, Alaska and approximately four kilometers to the south of the Elliott Highway within the Livengood-Tolovana Mining District.
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