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Frontline Gold Announces Significant Drill Ready Base-Precious Metal VMS Target Delineated on the Poly Tenures, Poly Property, Stewart Gold Camp
Published : March 13, 2013
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Mots clés associés :   Copper | Mali |

TORONTO, ONTARIO--(Marketwire - March 13, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Frontline Gold Corporation (News - Market indicators) ("Frontline" or the "Company") is pleased to announce the results of the 2012 surveys on the Poly Tenures ("PT").

The 2012 geological and geochemical surveys on the PT of the Poly Property included fill-in and expansion MMI soil sampling on the NW Gold Zone on the Lower Poly Grid ("LPG"); on the Cottonwood Grid ("CWG"); and, on the Swimming Pool Grid ("SPG").

Based on his integration and interpretation of the 2006-2012 MMI data, Dr. Mark Fedikow, P.Geo., P.Eng. of Mount Morgan Resources Ltd. indicates that a significant, drill ready base and precious metal MMI soil anomaly indicative of VMS-type mineralization has been delineated on the LPG in the vicinity of the Stewart Power Line and Hwy 37A:

  • The very large and high-contrast multi-element and multi-sample base and precious metal MMI anomaly progressively defined by 2006-2011 surveys on the LPG has been expanded by 2012 surveys. The main commodity element response is an 850 m long by 350 m wide multi-sample, multi-element base metal "central anomaly". This robust anomaly consists of four components: (1) a linear zone of strongly elevated Ag, Pb, Zn, Cd and lesser Cu; (2) flanking anomalies of Au and Mo; (3) an encompassing As-Sb-Tl anomaly that overprints (1) and (2); and (4) an interpreted host lithology to the central Ag, Pb, Zn and Cd anomaly that has a very strong Ce, Eu, Tb (light, intermediate and heavy REE with values of >100 times background), Ba and Th.

  • This anomaly is interpreted to be open to the northwest and possibly truncated to the east although a possible porphyry style of MMI signature occurs in the east and consists of W-Cu-Mo responses. The high-contrast Au-Ag anomaly associated with the NW Gold Zone was strengthened and expanded by the 2012 work and this anomaly is open to the north. The MMI soil anomaly on the northern CWG is interpreted to be the northwestern extension of the LPG multi-element anomaly owing to its similarity in anomaly forming elements and morphology of responses.

  • The SPG is marked by a very high-contrast Au Response Ratio of 102 times background. The trend of the Au anomaly and the correspondence with base metal responses (Pb, Zn, Cu) indicates that the anomaly remains open to the northwest towards the CWG. Elevated Ag responses are concentrated in the southeast survey area. Some correspondence is noted between Au and Ag, particularly for the highest response ratios for both elements.

The PT offers priority drill targets in 2013 for VMS-type mineralization. For example, follow-up drill holes are recommended on the Feeder Zone associated with a classic VTEM airborne anomaly. The Feeder Zone is a possible source of the postulated VMS mineralization on the LPG, where three drill holes have been spotted in the field to test the central MMI anomaly. Untested historic IP anomalies offer immediate focus for the drill evaluation of the NW Gold Zone.

A 2013 follow-up drill program totalling at least 1500 m is recommended. The work would be carried out in conjunction with the 2013 drill program proposed on the Lord Nelson Tenures, which are contiguous with and located southeast of the PT (see the Company's new release dated March 7, 2013).

The 2012 program on the PT of the Poly Property was carried out by Geofine Exploration Consultants Ltd. The work was supervised by David Molloy, P.Geo., who has reviewed this release and is the Qualified Person in compliance with National Instrument 43-101.

About Frontline's Poly/Stewart Projects

Frontline holds an option to earn and acquire up to a 100% in both the Poly and Stewart Projects. The Poly and Stewart Projects are based in the Stewart Gold Camp in northwestern British Columbia. This is an evolving gold camp that hosted one of the world's richest Kuroko-type VMS precious metal deposits, Eskay Creek, as well as one of the world's largest undeveloped Cu-Au porphyry deposit, KSM/Snowfield, with over 90Moz of Au, 444Moz of Ag and 20B lbs Cu in resources. The Poly Project is contiguous with Mountain Boy Minerals and Great Bear Resources mineral tenures that host the BA Ag-Pb-Zn VMS deposit as well as with Teuton/Sabina's tenures that host the Del Norte VMS trend.

Frontline's gold-copper porphyry project, the Stewart Property, straddles Highway 37 approximately 10 kilometres south of Bell 2 and its western tenures are contiguous with the KSM (Seabridge Gold Inc.) and Snowfield/Brucejack (now Pretium Resources Inc.) properties.

About Frontline Gold Corporation

Frontline is a Canadian junior mineral exploration company with an experienced discovery team and a proven record of accomplishment. The Company's flagship properties include the Menderes gold project in the Izmir province of Western Turkey and the Niaouleni gold project in southern Mali in the heart of West Africa's prolific gold belt. Ongoing Canadian exploration includes the Poly (gold VMS) and the Stewart (gold-copper porphyry) projects.

For further information, please visit the Company's website at www.frontlinegold.com to view the most recent corporate presentation.

The Qualified Person under National Instrument 43-101-Standards of Disclosure for Mineral Projects ("NI 43-101") for this News Release is David Molloy, P. Geo., consultant to the Company, who has reviewed and is responsible for the technical information presented in this news release.

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Walter Henry, President & CEO

FRONTLINE GOLD CORP.

Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Frontline Gold Corp.
Walter Henry
(416) 362-9100
(416) 362-9300 (FAX)
info@frontlinegold.com
www.frontlinegold.com
Données et statistiques pour les pays mentionnés : Mali | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Mali | Tous

Frontline Gold Corp.

EXPLORATEUR
CODE : FGC.V
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Frontline Gold est une société d’exploration minière d'or basée au Canada.

Frontline Gold détient divers projets d'exploration au Mali et en Turquie.

Ses principaux projets en exploration sont JUBILEE au Canada, NIAOULENI au Mali et MENDERES en Turquie.

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Financements de Frontline Gold Corp.
30/09/2013Announces Closing of Private Placement
30/05/2013Extends Private Placement
17/04/2013Extends Private Placement
22/02/2013Announces a $500,000 Non-Brokered Private Placement
08/06/2011Announces Closing of First Tranche of Private Placement
04/05/2011Announces Private Placement
Attributions d'options de Frontline Gold Corp.
19/03/2013Announces Stock Option Grant
25/10/2011Announces Stock Option Grant
Nominations de Frontline Gold Corp.
26/08/2011Announces Appointment of Tom Hussey as Board Member
Projets de Frontline Gold Corp.
06/05/2016Frontline announces acquisition of Rainy River Properties St...
02/04/2013(Menderes)Completes 100% Interest in Menderes Turkey Asset
30/01/2013(Menderes)Amends the Terms of Its Option Agreement Regarding the Mende...
22/05/2012Expands Poly Project in the Stewart Gold Camp, NW BC
19/04/2012highlights planned 2012 Exploration Programs at its Poly and...
22/02/2012(Menderes)Commences Diamond Drill Program on the Menderes Gold Project...
12/01/2012Provides an Update on the 2011 Exploration Programs at the P...
04/01/2012(Menderes)Announces Drill Contract for Menderes Gold Project, Located ...
25/10/2011Provides an Update on the 2011 Exploration Program on the Po...
13/10/2011(Niaouleni)intersects 1.76 g/t Au over 8.5 metres and extends the R1 go...
22/09/2011announces the commencement of the 2011 diamond drill program...
24/08/2011Announces Drill Contract for the Poly Project in the Stewart...
30/06/2011Reports the Initiation of the 2011 Exploration Programs on t...
29/06/2011(Menderes)Completes Soil Geochemistry Analysis and Commences IP Survey...
30/05/2011(Menderes)Advances Initial Exploration at Menderes Gold Project, Izmi...
05/05/2011Frontline Gold Stewart Camp Property Payments
27/04/2011Stewart Camp Property Payments
12/04/2011Stewart Camp Property Payments
01/04/2011(Menderes)Renames Turkish Gold Project
22/02/2011(Niaouleni)Confirms 4 Gold Structures at Niaouleni and Intersects 21.56...
Communiqués de Presse de Frontline Gold Corp.
22/06/2016Frontline announces an increase to the Loan funding to advan...
31/05/2016Frontline Announces Keban Tailings Assays, (including signif...
10/05/2016Frontline Announces Increase in Keban Tailings Tonnage and P...
20/04/2016Frontline secures funding to advance production at its Kambe...
07/04/2016Frontline Acquires Fully Permitted Keban and Kambertepe Tail...
22/07/2015Frontline Provides Update on its Menderes Gold Project, Plan...
18/12/2014Frontline Options Baird Property Along Pure Gold's Madsen Go...
18/12/2014Frontline Options Chukuni Property Along Goldcorp's Red Lake...
28/08/2014Frontline Gold - Results of Annual and Special General Meeti...
13/08/2014TSX Venture Exchange Daily Bulletins
28/05/2014IIROC Trading Resumption - FGC
21/05/2014IIROC Trading Halt - FGC
07/06/2013Announces Shares for Debt Agreement for US$200,000
07/06/2013Announces Shares for Debt Agreement for US$200,000
29/05/2013Defending Claim
28/05/2013-Results of Annual and Special General Meeting of Shareholde...
28/05/2013-Results of Annual and Special General Meeting of Shareholde...
27/03/2013Announces Shares for Debt Transaction
14/03/2013Initiates Strategic Review Process
13/03/2013Announces Significant Drill Ready Base-Precious Metal VMS Ta...
08/11/2012(Menderes)Announces Discussions Regarding Menderes Turkey Asset
02/10/2012Announces Completion of Phase 1, 2012 Follow-Up Program on t...
04/07/2012Results of the Annual and Special General Meeting of Shareh...
05/06/2012(Menderes)Submits Application for Operating License on the Menderes Pr...
23/08/2011Identifies 2 IP Anomalies from IP/Resistivity Survey
17/08/2011Divests Share Position held in Merrex Gold Inc.
17/08/2011Edison Investment Research report on Frontline Gold
13/07/2011-Results of the 2011 Annual and Special General Meeting of S...
23/06/2011Annual and Special Meeting of Shareholders
22/06/2011Announces Loan from President and CEO
15/06/2011Announces Initiation of Edison Investment Analyst Coverage
19/05/2011(Niaouleni)New Gold Discovery and Resumption of Diamond Drilling at Nia...
05/05/2011Engages Auburn Partners as Investor Relations Consultants
27/04/2011Stewart Property Payments
12/04/2011Frontline Gold Corp.
07/04/2011Adds Darryl Sittler as an Independent Director to Board
07/04/2011(Niaouleni)Makes a Gold Discovery, Completes RC Drilling Program and Re...
03/03/2011Announces $500,000 Exploration Program at Efemcukuru
23/02/2011Frontline Gold Corporation
23/02/2011-Stock Options
23/02/2011Stock Options
22/02/2011Frontline Gold Corporation
11/02/2011Frontline Gold Corporation
01/02/2011Frontline Gold Corporation
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