Freegold Ventures Limited - Annual General Meeting Results

VANCOUVER, July 4, 2011 /CNW/ --
VANCOUVER, July 4, 2011 /CNW/ - Freegold Ventures Limited (TSX: FVL),
(Frankfurt: FR4N)('Freegold') is pleased to is pleased to announce the results of its recently held
Annual General Meeting of shareholders (the 'Meeting'). At the Meeting,
shareholders re-elected to the Board Kristina Walcott, Alvin Jackson,
Gary Moore, Garnet Dawson and David Knight.

In addition, at the Meeting the shareholders approved the other matters
put before the Meeting including the re-appointment of James Stafford,
Inc as the Company's auditor, and the re-approval of the Company's
amended 2005 Stock Option Plan. Full details of the matters approved at
the Meeting are set out in the Company's management information
circular dated May 31, 2011, available on SEDAR.

At the first meeting of the newly constituted Board of Directors held
immediately after the Meeting, David Knight was re-appointed as
Chairman of the Board, and the following individuals were appointed as
officers of the Company:

Kristina Walcott President & Chief Executive Officer
, Gordon Steblin
Chief Financial Officer
, Alvin Jackson, Vice President, Exploration
&
Development.

The Board of Directors elected Gary Moore (Chair), Garnet Dawson and
David Knight as the audit committee; and David Knight (Chair), Garnet
Dawson, and Gary Moore as the compensation committee and Kristina
Walcott, David Knight and Gary Moore as the corporate governance
committee.

About Freegold Ventures Limited

Freegold is a TSX listed company focused on the exploration of gold
projects in Alaska.

Some statements in this news release contain forward-looking
information, including without limitation statements as to planned
expenditures and exploration programs. These statements address future
events and conditions and, as such, involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the
statements. Such factors include without limitation the completion of
planned expenditures, the ability to complete exploration programs on
schedule and the success of exploration programs

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Kristina Walcott-President and CEO
Telephone: 1.604.662.7307
jkw@freegoldventures.com