FREEMAN FILES PRELIMINARY ECONOMIC ASSESSMENT TECHNICAL REPORT FOR LEMHI GOLD PROJECT

VANCOUVER, BC, Nov. 30, 2023 /PRNewswire/ – Freeman Gold Corp. (TSXV: FMAN) (OTCQX: FMANF) (FSE: 3WU) (“Freeman” or the “Company”) is pleased to announce that it has filed a National Instrument (“NI”) 43-101 Technical Report entitled “Lemhi Gold Project, NI 43-101 Technical Report and Preliminary Economic Assessment, Idaho, United States” dated effective of October 13, 2023 (the “Report”) on SEDAR+ at www.sedarplus.ca. The Report is with respect to Freeman’s Preliminary Economic Assessment (“PEA”) on the Lemhi Gold Project, Idaho, USA, the results of which were announced in an October 13, 2023 news release. The PEA outlines a high-grade, low-cost, open pit operation with an average annual production of 80,100 ounces of gold (“Au”) in the first eight years. The production strategy outlined in the PEA consists of a phased development with an increase in throughput during the fifth year of operation, with a flowsheet utilizing a carbon-in-leach (“CIL”) processing facility. The objective of the study has been to maximize the value of Lemhi, while minimizing the footprint and environmental impact of the facility.

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