Risk and valuation analysis of the Almaden Project |
Status Risk : Feasibility |
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Title(s) of the Almaden Project |
 | Freegold Ventures Ltd. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Freegold holds a 100% lease interest in the project. The initial 60% interest was earned in 1997 by funding drilling, bulk surface sampling, metallurgical and geo-technical test programs, and by delivering a positive feasibility study to the project owners in 1997. The remaining 40% interest was purchased in 2001 in exchange for cash and Freegold shares. |
 | Terraco Gold Corp. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Almaden Project |
The Almaden gold property is located 13 miles east of Weiser, Idaho, and approximately 60 miles west of Boise. The property is situated at the crest and on the western side of Nutmeg Mountain
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History of the Almaden Project |
The project is host to a low-sulphidation, epithermal gold deposit drilled extensively from 1978 to 1992 by a number of companies including Homestake and Amax Gold. Freegold optioned the property in 1995 and commissioned Watts, Griffis and McOuat ("W more...
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