Frontline Gold Announces Drill Contract for Menderes Gold Project, Located in Western Turkey
04.01.2012 | Marketwire
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.TORONTO, ONTARIO -- (Marketwire - Jan. 4, 2012) - Frontline Gold Corporation ("Frontline" or the "Company") (TSX VENTURE: FGC) announces that it has signed a drilling contract with Ortadoğu Sondaj San. ve Tic. Ltd. Şti. for the previously announced drilling campaign at Frontline's Menderes property (see Company's news release dated November 7, 2011). It is expected that the drill campaign will commence in the latter half of January 2012.
The program will be comprised of up to 3,000 m of drilling and is planned to test a variety of priority epithermal gold targets. Permitting has been approved and preparation of the drill ready targets has been completed.
About Frontline's Menderes Gold Project
Frontline, through its 90% owned Turkish subsidiary, holds the Menderes Gold Project, a 6,194 ha (62 km²) contiguous land package located near the village of Efemçukuru, in Izmir Province, Western Turkey. The permits that make up the Menderes Gold Project were acquired for their excellent potential to host low to medium sulphidation, gold-mineralized epithermal vein systems similar to those found within Eldorado Gold's Efemçukuru operating mining in the 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 flagship properties include the Niaouleni gold project in the heart of Mali South in West Africa's prolific gold belt and the Menderes gold project in the Izmir province of Western Turkey. Ongoing Canadian exploration includes the Poly (gold), the Stewart (gold-copper polymetallic) the Red Lake (gold) projects.
For further information, please visit the Company's website at www.frontlinegold.com to view the most recent corporate presentation and updated news on the Company's Menderes project.
The Qualified Person under National Instrument 43-101- Standards of Disclosure for Mineral Projects ("NI 43-101") fis Gregory P. Isenor, P. Geo., 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.
Contact Information
Frontline Gold Corporation
Walter Henry
(416) 362-9100
(416) 362-9300 (FAX)
info@frontlinegold.com
www.frontlinegold.com