FREEGOLD VENTURES Business Summary

Freegold Ventures Ltd (FGOVF) is a mineral exploration and development company that operates on a pre-revenue business model, generating capital primarily through equity financing and strategic private placements rather than operational sales. The company’s primary business segments are centered on its 100% owned or leased flagship assets in Alaska: the Golden Summit Gold Project, which hosts one of North America’s largest undeveloped gold resources (17.2 Moz Indicated and 11.9 Moz Inferred as of 2025), and the Shorty Creek Copper-Gold Project. As of early 2026, the company is focused on advancing Golden Summit toward a Pre-Feasibility Study (PFS) targeted for 2027, supported by a $50 million brokered private placement completed in January 2026. Within the competitive landscape of North American junior miners, Freegold competes for institutional capital and project development talent against peers such as Trilogy Metals Inc., Northern Dynasty Minerals Ltd., and Vizsla Silver Corp., positioning itself as a high-leverage resource play with significant infrastructure advantages due to its proximity to Fairbanks. Leadership is spearheaded by President and CEO Kristina Walcott, who has over 20 years of experience in the mineral exploration industry and has led the company since 2009. She is supported by Alvin W. Jackson, Vice President of Exploration and Development, a seasoned geologist with over 40 years of experience who was a founding principal of EuroZinc Mining Corporation, where he oversaw the acquisition and development of major copper and zinc assets. The financial strategy is managed by CFO Gordon Steblin, a Certified General Accountant with three decades of experience in the junior mining sector. The company maintains a high-profile investor base, most notably featuring billionaire mining investor Eric Sprott, who has consistently participated in recent financing rounds. The board of directors includes industry veterans such as Garnet Dawson, former CEO of GoldMining Inc., and Ron Ewing, who brings extensive operational and corporate finance experience from roles at Lundin Mining and EuroZinc.