More Ground Staked At Cobb Creek Gold Project

VANCOUVER - Fremont Gold Ltd. reported on exploration at the Cobb Creek project in Elko County Nevada. The Company has staked an additional 89 federal lode claims on the northern and eastern sides of the Cobb Creek project increasing the size of the property area by approximately 30%. The Cobb Creek project occurs at the northern end of the Independence trend, one of the most important gold belts in northern Nevada and contains a non-N43-101 compliant, historic resource of 160,000 ounces gold, named the McCall deposit. Concurrently the company has commenced its' maiden exploration program at Cobb, comprising geological mapping, rock chip sampling, a new systematic soil geochemical survey and a ground magnetic survey. The program is designed to discover new deposits in previously untested areas as well as expand the known mineralization at the McCall deposit.

Cobb Creek has not been drilled since 1992 and the vast majority of the historical drilling (over 140 drill holes) were shallow. Some of the better drill results include drill hole COBRC-3, which returned 15.3 meters of 2.86 g/t gold (from 13.7 meters to 29.0 meters), and COBRC-84, which returned 33.5 meters of 1.92 g/t gold. Fremont Gold has started a four-phase exploration program at Cobb Creek. The first three phases are geologic mapping, rock chip sampling, a detailed ground magnetic survey and a comprehensive soil sampling program across the entire property. The soil survey will add to previous soil sampling results and will include multi-element trace element analyses as well as gold. The fourth phase will be a drilling program based on results of the first three phases.