04:58:33 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Frontline Gold Corp
Symbol FGC
Shares Issued 140,463,361
Close 2020-07-13 C$ 0.025
Market Cap C$ 3,511,584
Recent Sedar Documents

Frontline Gold samples 2.06 g/t Au at Crooked Pine

2020-07-14 14:10 ET - News Release

Mr. Walter Henry reports

FRONTLINE ANNOUNCES SAMPLES, AND NEW ZONE AT ITS CROOKED PINE PROPERTY

Frontline Gold Corp. has released the results of a recent prospecting program on its Crooked Pine property located approximately 35 kilometres east of Atikokan, Ont. Sampling by the Optionor has appeared to identify a new gold zone where surface grab samples have returned the presence of highly anomalous gold from 40 ppb Au to 2.06 gpt Au. The Optionor was able to identify the new gold bearing structure on surface for approximately 200m.

 July 2020 - Grab Rock Samples
 
 Grab Rock Sample Stats - July 2020
Total Samples:          11        
Assays Received to Date 11        
Range - Au(ppb)         19 - 2,060
Samples >1000 ppb Au    1         
Samples >850 ppb Au     2         
Samples >400 ppb Au     3         
Samples >100 ppb Au     3         
Samples >40 ppb Au      2         

The Company is also pleased to announce that it has acquired thirteen (13) additional mining claim units (the "Claims") adjacent to the northwestern boundary of the Company's Crooked Pine Property located in Northwestern Ontario. The additional claims increases the claim group to 177 cells and adds an additional 300 hectares bringing the total hectares to approximately 3,800. (See Frontline New Releases dated July 9, 2020 and attached map.)

The apparent new gold-bearing structure is hosted within the Marmion batholith and lies on a northeast structural splay similar to that of the multi-million ounce Hammond Reef deposit (NI 43-101 Global M&I Resource: 196.4 Mt @ 0.86gpt Au, NI 43-101 Global Inferred Resource: 75.7 Mt @ 0.72gpt Au; currently owned by Yamana Gold and Agnico Eagle).

Based on a summary of the known mineral occurrences in the eastern Crooked Pine Lake area (OGS OFR 6172) gold is primarily associated with quartz veins and minor sulphide minerals in sheared composite tonalite, gabbro and intermediate volcanic rocks. The newly discovered gold-bearing shear zone on the Crooked Pine Property contains similarities to other documented gold occurrences within the Marmion Batholith in above reference.

Crooked Pine Gold Project Highlights

The Crooked Pine Property is approximately 135 km west of Thunder Bay, Ontario. The claims are road accessible via Trans Canada Highway 11. Good Infrastructure includes highway access, rail, and power.

Preliminary evaluation of the Crooked Pine Property has revealed pre-existing assessment reports including drilling reports which will be compiled to develop an exploration program for the fall of 2020.

"Finding a new gold-bearing structure at surface based on the assay samples and visual anomalies is quite positive. We look forward to undertaking additional sampling programs in late July and August with the hope of extending this mineralized zone both to the south and northeast," said Frontline's President and CEO Walter Henry.

Field Program

The Company has initiated the compilation and reinterpretation of all available historic data and reports on the project and is proceeding to develop exploration targets for a July field program. The objective of the summer field program will be to extend the new zone along strike, determine it's width and investigate other documented gold occurrences on the property to prioritize those targets of high merit for additional exploration. Lastly the Company is currently finalizing its application for a work permit on the Crooked Pine Project.

Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43-101, has reviewed, and approved the technical contents of this news release on behalf of the Company.

Frontline has not completed any work required to verify the historical mining estimates noted above and is not treating these historical estimates as being compliant with current standards under NI 43-101 and as such these historical estimates should not be relied upon.

Caution should be used when evaluating these resources as they were calculated prior to NI 43-101 existing and a qualified person has not done work to classify the historical estimate as a current mineral resource.

"We will be providing more detailed information along with a corporate update in the near future on all our properties, existing option agreements, and new option agreements entered into." said Walter Henry CEO and President of Frontline.

Frontline continues to actively seek projects, and additional investor/partner(s) in order to continue to build upon its property and net smelter return royalties.

About Frontline Gold Corporation

Frontline is a Canadian junior mineral exploration company. The Company's properties include the optioned gold projects in Red Lake area of Ontario, Cameron Lake Gold Project (Ontario), Abbie Lake (Ontario), Abitibi Region of Quebec and Menderes gold project in the Izmir province of Western Turkey. Other Canadian exploration properties include other gold property groups in Ontario and include the Whitehorse Island Mining Patents. In addition, Frontline has a large NSR package on four separate gold property groups in Red Lake, which are currently under option to the Pacton Gold.

We seek Safe Harbor.

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