Fremont Gold (FRE.V) has staked an additional 90 claims at the Griffon project which now consists of 15 square kilometers (179 claims in total), coming through on its plans to further expand the project with prospective ground. The new claims were staked based on the projected extensions of known rock chip and soil geochemical anomalies in three directions.
It has been a while since Fremont raised cash in February, but the company is now finally ready to tackle the Griffon project and plans to initiate a drill program in June.
Disclosure: The author has a long position in Fremont Gold. Fremont is a sponsor of the website.