Fronteer Gold: Open-Pit Testwork Returns 6.06 g/t Gold Over 16.92 Metres and 369.5 g/t Silver Over 3.05 Metres at Northumberland
December 02 2010 - 7:00AM
Marketwired
Fronteer Gold (TSX: FRG)(NYSE Amex: FRG) reports that core drilling
adjacent to, and beneath, historic pits at the company's wholly
owned Northumberland gold deposit has returned excellent grades
over significant widths.
Fronteer Gold's goal is to advance Northumberland as a combined
open-pit and underground operation. The majority of the drilling
conducted to date by Fronteer Gold has focused on defining
high-grade domains of underground-mineable sulphide gold
mineralization, which are now in the process of being accessed via
a 280-metre decline.
The other important component of Northumberland's overall
development program is to define the open-pit mineable oxide and
transitional material surrounding the property's two shallow
historic pits. Core material, taken from seven holes located within
and around Northumberland's existing pits, will be composited into
samples for column leaching and other metallurgical testing at
McClelland Laboratories Inc. in Sparks, Nevada.
Assay results from the program's first four of these holes
include wide intervals of open-pit mineable gold mineralization.
Drill highlights include:
-- 6.06 grams per tonne gold over 16.92 metres, including 8.93 g/t gold
over 7.62 metres; and a separate zone that returned 2.44 g/t gold over
44.20 metres, in FNU43;
-- 2.93 g/t gold over 30.18 metres in FNU45; and
-- 2.78 g/t gold over 19.81 metres in FNU44.
Silver is also an important component of mineralization at
Northumberland, where rich epithermal veins were mined in the late
1800s. High-grade silver highlights from new drilling include:
-- 369.50 g/t silver over 3.05 metres in FNU44;
-- 154.93 g/t silver over 4.57 metres, including 457.0 g/t silver over 1.52
metres; and 55.33 g/t silver over 3.66 metres in FNU43; and
-- 43.72 g/t silver over 2.74 metres in FNU46.
For a map highlighting this new drilling, please click:
http://www.fronteergold.com/sites/files/fronteer_admin/NorthumberlandDrillMap1041.pdf
DRILL RESULTS
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From To Interval Au Au Ag Cut-off
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(metres) (metres) (metres) (g/t) (oz/ton) (g/t) (g/t Au)
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FNU043 92.96 97.54 4.57 0.65 0.019 154.93 0.3
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including 94.49 96.01 1.52 1.07 0.031 457.00 0.5
---------------------------------------------------------------------------
and 102.11 109.73 7.62 1.05 0.031 2.90 0.3
---------------------------------------------------------------------------
and 155.45 172.36 16.92 6.06 0.177 7.00 0.3
---------------------------------------------------------------------------
including 155.45 163.07 7.62 8.93 0.260 7.95 2.0
---------------------------------------------------------------------------
including 164.90 172.36 7.47 4.56 0.133 7.58 2.0
---------------------------------------------------------------------------
and 186.84 190.50 3.66 2.61 0.076 55.33 0.5
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and 199.64 243.84 44.20 2.44 0.071 4.60 0.3
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including 225.86 235.00 9.14 2.96 0.086 3.46 2.0
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including 238.35 243.84 5.49 6.09 0.178 6.17 2.0
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FNU044 7.62 10.67 3.05 1.24 0.036 369.50 0.5
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and 59.13 65.53 6.40 1.40 0.041 2.07 0.3
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including 60.05 63.09 3.05 2.49 0.073 2.48 2.0
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and 96.01 99.06 3.05 1.07 0.031 5.47 0.5
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and 111.25 131.06 19.81 2.78 0.081 5.24 0.5
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including 117.35 131.06 13.72 3.35 0.098 6.61 2.0
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and 133.72 136.70 2.99 1.67 0.049 6.28 0.5
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FNU045 43.89 74.07 30.18 2.93 0.085 3.93 0.3
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including 47.24 51.82 4.57 3.51 0.102 5.04 2.0
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including 53.34 67.36 14.02 3.90 0.114 4.65 2.0
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FNU046 24.08 26.82 2.74 0.57 0.017 43.72 0.3
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and 31.39 32.67 1.28 1.12 0.033 48.60 0.5
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Composite intervals in this table are created at a range of 0.3 g/t gold and
0.5 g/t gold cut offs. Several values below the cutoff are included as part
of the mineralized zone. True widths of the mineralized intervals generally
range between 80-100% of the reported lengths.
UNDERGROUND DEVELOPMENT PROGRAM
Contractor J.S. Redpath Corporation of Sparks, Nevada, has
commenced construction of a 280-metre long decline to access deeper
high-grade mineralization within the deposit.
The purpose of the decline is three-fold:
-- To provide the most cost-effective method for future
exploration/definition drilling and the best opportunity to assess
controls on high-grade mineralization.
-- To provide access for extraction of bulk samples for metallurgical
testing and pilot testing.
-- To afford an easy transition from exploration to production.
James Ashton P.E. is designated as a Qualified Person for the
Northumberland drill results, with the ability and authority to
verify the authenticity of, and validity of these data. Drill
composites were calculated using a cut-off of 0.3 g/t. Drill
intersections are reported as drilled thicknesses. Drill samples
were assayed by ALS Chemex (ISO9001:2000) in Reno, Nevada for gold
by Fire Assay of a 30 gram (1 assay ton) charge with an AA finish,
or if over 5.0 g/t (over 100 g/t for silver) were re-assayed and
completed with a gravimetric finish. For these samples, the
gravimetric data were utilized in calculating gold intersections.
QA/QC included the insertion of numerous standards and blanks into
the sample stream, and the insertion of duplicate samples at random
intervals within each batch. Holes are also analyzed for a
51-element geochemical suite by ICP-MS/-AES.
ABOUT FRONTEER GOLD
We intend to become a significant gold producer. Our future
potential production platform includes our Long Canyon, Sandman and
Northumberland projects - all located in Nevada. We also have a 40%
interest in Halilaga, an emerging copper-gold porphyry deposit in
northwestern Turkey, and 100% ownership of Aurora Energy Resources
Inc, developer of one of the world's largest uranium deposits,
based in Labrador, Canada. For further information on Fronteer
Gold, visit www.fronteergold.com.
Except for the statements of historical fact contained herein,
certain information presented constitutes "forward-looking
statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including but not limited to, those with respect to
potential expansion of mineralization, potential size of
mineralized zone, potential type of mining operation and timing and
size of exploration and development programs involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievement of Fronteer Gold to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, among others, risks related to
the actual results of current exploration activities, conclusions
of economic evaluations, uncertainty in the estimation of ore
reserves and mineral resources, changes in project parameters as
plans continue to be refined, future prices of gold and silver,
environmental risks and hazards, increased infrastructure and/or
operating costs, labor and employment matters, and government
regulation and permitting requirements as well as those factors
discussed in the section entitled "Risk Factors" in Fronteer Gold's
Annual Information form and Fronteer Gold's latest Form 40-F on
file with the United States Securities and Exchange Commission in
Washington, D.C. Although Fronteer Gold has attempted to identify
important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be
as anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate as actual results
and future events could differ materially from those anticipated in
such statements. Fronteer Gold disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Accordingly, readers should not place undue reliance on
forward-looking statements.
NEWS RELEASE 10-41
Contacts: Fronteer Gold Inc. Mark O'Dea President & CEO
604-632-4677 or Toll Free 1-877-632-4677 Fronteer Gold Inc. Patrick
Reid Senior Director, Institutional Marketing 604-632-4677 or Toll
Free 1-877-632-4677 info@fronteergold.com www.fronteergold.com
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