• Montag, 22 Juli 2024
  • 20:26 Uhr Frankfurt
  • 19:26 Uhr London
  • 14:26 Uhr New York
  • 14:26 Uhr Toronto
  • 11:26 Uhr Vancouver
  • 04:26 Uhr Sydney

Frontline Gold Corp. Advances Initial Exploration at Menderes Gold Project, Izmir Province, Turkey

26.05.2011  |  Marketwire
HALIFAX, NOVA SCOTIA -- (Marketwire - May 26, 2011) - Frontline Gold Corp. ("Frontline" or the "Company") (TSX VENTURE: FGC) is pleased to announce that the Company has advanced its initial $500,000 exploration program at its 90% owned Menderes Gold Project in Izmir Province, Turkey.

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 sulphidation, gold-mineralized epithermal vein systems similar to those found in other properties in the area.

The initial $500,000 exploration program has been substantially advanced with geological prospecting and mapping, rock and soil geochemical sampling with multi-element analysis, trenching and detailed sampling around old workings completed.

The soil and geochemical sampling has been completed over a 4 km2 area, with 1,069 soil samples and 68 rock chip samples collected since March 2011. Of those, 236 soil sample results and 12 rock sample assay results are still pending. The highest anomalous soil sample is 0.179 ppm Au; the highest anomalous rock sample is 2.83 g/t Au. In addition, two new silicified zones were discovered; the first is 1 km in length, the other is in 500 m length (see attached map Frontline Gold – Menderes Project). Both zones are NW-SE trending. A soil anomaly contour map is being prepared, although some assay results are still pending.

To date, two ancient workings have been uncovered within the newly discovered silicified trends and prospecting and mapping is ongoing. Mapping has outlined epithermal vein systems and the ancient workings are on the trend of these mapped veins. Assays of rock and soil samples yielded some significant anomalous Ag, As, Cd and Mn values. One soil sample had 15.6 g/t Ag, with very low Pb and Zn sample values, suggesting that the working area is located in an upper part of the standard epithermal model and that vein-type structures with higher Au values may be found at 150-200 m depth in this part of the system rather than at surface.

An IP resistivity geophysical program of four north-south lines at 200 m spacing totaling 12 line-km is planned for June 2011, with up to 1,500 m of diamond drilling to follow. Drill holes will be located to test for the epithermal vein system at the depths indicated by the model.


Frontline Gold Corp. (TSX VENTURE:FGC) is a Canadian junior mineral exploration company with an experienced discovery team and a proven record of accomplishment. The Company's flagship Niaouleni property lies in the heart of Mali South in West Mali in Africa's prolific gold belt. In addition, Frontline is currently developing its gold projects in the Izmir province of Western Turkey, which consist of the Menderes, Odemis, Ordu and Kure properties. Ongoing Canadian exploration includes the Red Lake (gold) and Stewart (gold-copper-polymetallic) 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 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.



To view the map, please visit the following link: http://media3.marketwire.com/docs/fig1fgc526.pdf



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 Corp.
Walter Henry
President & CEO
(416) 414-5825
(902) 832-2223 (FAX)
info@frontlinegold.com
www.frontlinegold.com
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.