Frontline Gold Announces Red Lake Area Update
Toronto, Ontario--(Newsfile Corp. - May 29, 2014) - Frontline Gold Corp. (TSXV: FGC) ("Frontline" or the "Corporation") is pleased to announce an exploration update as it relates to it Red Lake Area properties.
Exploration Update for Red Lake Area (Gold)
The Corporation's Red Lake area gold properties comprise of five claim groups totalling 166 individual claim units located approximately 80 kilometres east-northeast of the town of Red Lake, Ontario. The properties are known as: Shabumeni (71 units), Shabumeni River (16 claims), Skinner (40 units), Women River (30 units), and Confederation Lake (9 units). The Red Lake Properties cover a geological environment similar to that of the prolific Red Lake gold belt. The Skinner property is adjacent to Sabina Gold and Silver Corp's Golden Sidewalk Property which hosts the past-producing Bathurst Mine. The Shabumeni River property is adjacent to Gold Canyon Resources Inc.'s Springpole Gold Project.
The Corporation is currently awaiting approval of its application to have the claim due dates extended for its Shabumeni, Shabumeni River and Women River properties. The Corporation is optimistic that approval will be received in due course.
A 2011 exploration program completed and announced by the Corporation, highlighted the following:
In September, 2010, on Skinner Property, the Company carried out a prospecting and sampling program that returned grab samples of up to 19.7 g/t Au, 13.6 g/t Au and 6.8 g/t Au . To follow-up on these grab samples an exploration program comprised of line cutting, detailed ground magnetics, prospecting, overburden stripping and sampling was commenced in May 2011 and completed in late July 2011. The program was focused on trying to identify rock types, alteration and structural settings associated with gold mineralization. The stripping was completed in five areas and a total of 25 grab and 20 channel samples have been sent to the laboratory for assay. Grab samples of the mineralization confirmed the previous sampling results with assays of 14.6 g/t Au, 14.4 g/t Au, 22.8 g/t Au, 2.8 g/t Au and 1.8 g/t Au. Channel samples of out crops thought to be on strike returned 0.02 and 0.03 g/t Au over 1.0 metres. After detailed geological mapping of the trenches it was determined that assay values are directly related to the arsenopyrite content. The areas of the grab samples were of < 1% arsenopyrite whereas the grab samples are had a minimum of 3% arsenopyrite. The area of the Skinner property has poor outcrop exposure and a soil sampling or soil gas hydrocarbon program is recommended to help define the arsenic trends that are associated to the gold mineralization.
2011: The highlight of the exploration program was the re-examination of a showing on the Shabumeni/East Swain claim group ("Shabumeni"), comprised of a 12 metre wide shear zone expressed on a 1.5 metre face that crosses strike. A series of 18 grab samples were taken as grabs across the strike sampling all rock types. The grab samples assayed (from south to north) 0.56 g/t Au, 0.70 g/t Au, 1.26 g/t Au, 2.00 g/t Au, 1.24, 0.53 g/t Au, 0.92 g/t Au, 0.94 g/t Au, 0.64 g/t Au, 1.05 g/t Au, 0.14 g/t Au, 2.02 g/t Au, 1.70 g/t Au, 0.85 g/t Au, 0.51 g/t Au, 1.67 g/t Au, 0.05 g/t Au and 0.11 g/t Au. The zone is comprised of a moderately to strongly sheared metavolcanics with sugary quartz stringers, minor carbonate and up to 5% disseminated pyrite.
The eastern portion of the Shabumeni claim group was the principal focus of this year's prospecting and sampling program. The program was comprised of evaluating three historically defined gold showing. The two known showings were the North and South showings with base metal mineralization noted in the South showing.
The sampling of the North showing returned assay values of 18.4 g/t Au and 8.3 g/t Au from grab samples. Channel samples returned values of up to 0.323 g/t Au. The geological mapping has defined the mineralization as being strongly mineralized quartz pods.
The South showing is comprised of similar paddy mineralization associated with strong copper mineralization. Grab samples of the South showing included assays ranging from 0.04 g/t Au with 0.02 % Cu and 1.106 g/t Au with 3.0% Cu. There is a marked relationship of increased gold values with increased copper mineralization. Channels sampling of the South showing was impeded by the topography and poddy nature of the mineralization. Sampling across the shear structure returned approximately 0.1 g/t Au and 0.3% Cu over 3.0 m and an individual sample of 0.388 g/t Au and 2.2% Cu over 1.0 m.
The Corporation is currently evaluating an exploration program for its Red Lake Area properties to be conducted later in 2014. It is also currently evaluating acquisition and staking opportunities throughout the Red Lake area.
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 principal properties include the Menderes gold project in the Izmir province of Western Turkey, the Poly and Stewart (gold-copper polymetallic) projects in the Stewart region of British Columbia and the Niaouleni gold project in southern Mali in the heart of West Africa's prolific gold belt. Other Canadian exploration properties include it's Red Lake (gold) claims.
For further information, please visit the Company's website at www.frontlinegold.com to view the most recent corporate presentation.
The technical information in this news release was reviewed by David Molloy, P.Geo., a "qualified person" as defined in National Instrument 43-101.
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.
Contact: | Walter Henry | |
Telephone: | (416) 362-9100 | |
"Walter Henry" | Fax: | (416) 362-9300 |
Walter Henry, President & CEO | Email: | info@frontlinegold.com |
FRONTLINE GOLD CORP. | Website: | www.frontlinegold.com |
Frontline Gold Corp. (TSXV: FGC) | ||
1 Toronto Street, Suite 201 | ||
Toronto, Ontario M5C 2V6 | ||
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