A circular approved bars government bodies from exporting gold and opens the trade to private firms.

The Vancouver-based miner made its 2020 option payments to vendors of the Kagoot Brook cobalt property, Glenelg vanadium property and Mascarene polymetallic property.

The miner now holds 10,677 hectares in the Fenelon Gold District.

The company also made two discoveries along the projected eastern extension of the Sleepy deposit, 300 metres and 900 metres to the east.

PEA outlines an 11,250 t/d open-pit and underground operation at project in the Northwest Territories.

The company reported total gold production for the first five months of 2020 of 86,978 ounces.

Shares of Freegold Ventures have hit an eight-year high.

The miner and the First Nation want to make sure the development of the gold project is mutually beneficial.