Fremont Gold Ltd. announced that the Company has received results from recent channel sampling conducted at the Hurricane Project in Lander County of northern Nevada. A total of 101 three-meter channel samples were taken from three separate trench cuts at the top of Fremont's Hurricane project, located just 3 kms NW of Barrick's Hilltop deposit and also 24.1 kms directly along trend from Barrick's Pipeline- Cortez Hills complex which has total historical and current resources of approximately 32M oz,Au and collectively produced 1.06M oz, Au in 2016. Fremont's Trench 2 returned a continuously mineralized 102m interval grading 0.56 g/t Au, including a slightly higher grade zone of 63m @ 0.77 g/t Au. The most elevated results within the mineralized interval are 6m @ 1.61 g/t and 3m @ 4.03 g/t Au. The recent work program was carried out to confirm and validate historical Pegasus Gold surface results from 1986 which yielded 45.7m @ 1.2g/t Au. The recent results compare favorably with the previous Pegasus numbers, and increase the surface footprint of the gold-mineralized zone. The Hurricane project was partially tested by Pegasus Gold Corp. in 1986-1987 through a program of trenching and shallow RC drilling but has received no systematic work since. Nineteen of thirty-five holes drilled by Pegasus intersected near-surface gold mineralization including: 16.8m at 2.86 g/t, 12.2m at 2.32 g/t, 15.2m at 1.65 g/t and 3.1m at 6.91g/t Au. This work defined a NW- SE trending mineralized area which is elongated parallel to the Cortez trend. The zone remains open to both the southeast and northwest and also at depth. The recent work enlarges the surficial gold-mineralized area identified by Pegasus's previous work, and mapping reveals that the better grades are centered around a low angle fault that may be a conduit for mineralizing fluids. This fault is possibly the structure associated with the gold mineralized zones intersected in the historic Pegasus RC drill holes. Down-dip projections of this fault may host unrecognized gold-mineralized zones, and can as well be a vector to a feeder structure. Further exploration work to confirm this possibility will be carried out after winter snows recede in the late spring.