Article: International Freegold: Golden Summit Exploration Update.

VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--July 23, 1998-- Int'l Freegold(TSE:ITF.) (VSE:ITF.) The management of International Freegold Mineral Development Inc ("Freegold") is pleased to provide an update on exploration programs on the 22,000 acre Golden Summit Project, 20 miles north of Fairbanks, Alaska.

Approximately half, 6,000 feet, of the Phase One reverse circulation drilling program has been completed on the Charles, Creeks, Iowa, Wolf Creek and Cleary Hill prospects. An additional 6,000 feet of Phase One drilling remains to be completed on the Cleary Hill and Wolf Creek prospects. Assays are pending, and will be reported when all Phase One ...

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