• Sonntag, 22 Dezember 2024
  • 17:22 Uhr Frankfurt
  • 16:22 Uhr London
  • 11:22 Uhr New York
  • 11:22 Uhr Toronto
  • 08:22 Uhr Vancouver
  • 03:22 Uhr Sydney

Frontline Gold plans spring/summer prospecting, soil sampling and mechanical stripping programs at its Crooked Pine Lake Gold Project

02.03.2023  |  The Newswire
Following receipt of 2022 soil sampling results

Toronto, March 2, 2023 – Frontline Gold Corporation (TSX-V:FGC) (“Frontline” or the “Company”) announces that following the receipt of 2022 soil sampling results on its Crooked Pine Lake Gold Property (the “Property”) located 35 km east of Atikokan, Ontario, spring and summer prospecting, soil sampling and mechanical stripping programs are planned. The 2022 soil sampling program targeted the strike extensions of the historical ‘Trench 1’ and ‘South’ Zones, where results of 7.03 gpt and 3.06 gpt Au were obtained respectively from 2020-2021 field programs (see news releases dated Feb 11th, 2021 and July 20th, 2021). The 2022 program returned an As-Cu anomaly in humus 900 meters west of Trench 1 along the interpreted ‘Pothole Lake Deformation Zone’ (PLDZ), see Figure 1, as well as Cu anomalies along strike to the east of the South Zone. Arsenic and copper are pathfinders for Au mineralization on the Property. Spring 2023 prospecting and soil sampling will further target the PLDZ. Mechanical stripping later in the summer will re-open Trench 1 and attempt to locate the eastern strike extension of the South Zone, as well as attempting to reach bedrock at certain 2022 and 2023 soil anomalies if feasible.

The PLDZ is situated in a belt of east-west-trending greenstone south of the granitic Marmion Lake Batholith. Shear zones within the belt occur in mafic to intermediate volcanics and contain quartz veining in excess of 1 meter, iron carbonate alteration, potassic alteration, and variable contents of pyrite, chalcopyrite and arsenopyrite.

East-west-trending shearing in mafic to intermediate volcanics is one of two main structural settings for gold mineralization on the property. The second is northeast-trending faults or shears interpreted as splays from the Quetico fault. The northeast-trending X.656 Shear Zone in the western part of the property extends into the granitic Marmion Lake Batholith, where grab samples up to 19.2 gpt Au were obtained during the summer 2020 field program (see news release Aug 17, 2020). Similar faults / shear zones are important hosts for gold mineralization in the Atikokan area, i.e. at the Hammond Reef deposit of Agnico Eagle (see ‘Crooked Pine Gold Project Geological Setting’ below).

Grab samples are selected samples and not necessarily representative of the mineralization hosted on the property.

Figure 1. 2021-2022 Au-As-Cu soil geochemistry on Total Magnetic Intensity (TMI) background (soil anomalies use a threshold of approximately the 95th percentile for each element).


Crooked Pine Gold Project Geological Setting

The Property is located within the Marmion Subprovince of northwestern Ontario, home to the Agnico Eagle Hammond Reef gold deposit which hosts 4.5M oz. of gold in the Measured and Indicated category. The Hammond Reef gold deposit is located on the Hammond Reef Shear Zone, a northeast trending deformation corridor hosted within the granitoid suite of the Marmion batholith. Of significance within the Marmion batholith are multiple, parallel, northeast-trending gold-bearing shear zones that contain historic gold mines and occurrences (Figure 2). These northeast trending shear zones are considered splays off of the Quetico Fault, a subprovince boundary fault separating the Marmion and Quetico subprovinces.

Figure 2. Regional location of the Crooked Pine Lake Property.


Commentary

"2022 soil sampling results indicate that we are beginning to fill in the gaps between historical gold occurrences along the 3 km + interpreted Pothole Lake Deformation Zone and parallel trends, using geochemical pathfinders. We are optimistic that targeted prospecting and soil sampling will identify further anomalies, and mechanical stripping will allow for a better understanding of the structure and mineralization on the Property. Having consolidated the historical occurrences through acquisition of the five Pothole claims last year allows us to systematically explore this important structure. The Crooked Pine Lake Project continues to be a high-quality asset of Frontline”, said Frontline’s President and CEO Walter Henry.

John W. Londry, MSc, 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.


About Frontline Gold Corporation

Frontline is a Canadian junior mineral exploration company. The Company's core properties include the Crooked Pine Gold Project (Ontario), Copperlode Project (Ontario), the Flint Lake and Kakagi Lake Gold Project (Ontario), and the Route 109 Gold Project and the NE Bachelor Lake Gold Project which are both in the Abitibi Region of Quebec, and the 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.

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

Further information about Frontline is available here, www.frontlinegold.com, or on the social media sites here, Facebook: https://www.facebook.com/frontlinegold/ Twitter: https://twitter.com/frontlinegold Linkedin: https://www.linkedin.com/company/frontline-gold-corp-fgc-


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”
Walter Henry, President & CEO, FRONTLINE GOLD CORP.


Contact:
Frontline Gold Corporation
Walter Henry
Phone: (416) 861-9090
Email: info@frontlinegold.com
Website: www.frontlinegold.com

Frontline Gold Corp. (TSX-V: FGC)
372 Bay Street, Suite 301
Toronto, Ontario M5H 2W9



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

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.

Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Frontline Gold Corp.
Bergbau
A1CUWX
CA35922K1066
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.