Frontline Gold Corporation Stewart Property Payments
27.04.2011 | Marketwire
HALIFAX, NOVA SCOTIA -- (Marketwire - April 27, 2011) - Walter Henry, President and CEO of Frontline Gold Corporation ("Frontline") (TSX VENTURE: FGC) announces that the TSX Venture has approved the issuance of 228,572 common shares at a deemed price of $0.175 in lieu of $40,000 of property payments on the Stewart and Poly properties option agreements. The issued shares are subject to a four month hold period. (news release April 12, 2011)In addition to its gold exploration projects in Turkey, Mali and Ontario, Frontline holds options on two land packages in the Stewart Gold Camp region: the Stewart Property (76 mineral claims aggregating approximately 29,280 hectares or 292 square kilometres) and the Poly Property (12 mineral tenures aggregating approximately 3,281hectares). The Stewart Gold Camp in north western British Columbia is an emerging, world class mining district that offers discovery opportunities for major gold-copper and precious metal polymetallic deposits.
Frontline is a gold-focused exploration company with an experienced management group, a solid exploration team and a portfolio of gold exploration projects offering investors exposure to a promising suite of gold exploration properties.
Please visit our website at www.frontlinegold.com for the most recent presentation.
On Behalf of the Board
Walter Henry, President & CEO
Contact Information
Frontline Gold Corp.
Walter Henry
President & CEO
(416) 414-5825
(902) 832-2223 (FAX)
info@frontlinegold.com
www.frontlinegold.com