VANCOUVER:January 12th, 2021 – Freegold Ventures Limited (TSX: FVL) (“Freegold”) is pleased to announce drilling results holes from its ongoing drilling program at Golden Summit, located near Fairbanks, Alaska. During 2020, 18 holes (2001-2018) were drilled and assay results for 10 holes are pending. Assay laboratories are continuing to experience significant delays. Drilling is planned to resume in early February 2021 with four drill rigs, and to continue throughout 2021. A minimum of 40,000 metres of drilling is planned. The Company is well financed to carry out its proposed programs.