Business
Fronteer Builds Additional High-Grade Gold at Long Canyon with 10.46 g/t Gold over 39.3 metres
Fronteer Builds Additional High-Grade Gold at Long Canyon with 10.46 g/t Gold over 39.3 metres
About this update from Forge Resources Corp.
[{"type":"text","content":"\nFronteer Builds Additional High-Grade Gold at Long Canyon with 10.46 g/t Gold over 39.3 metres\n\n\n Nov. 9, 2010 (Newsfile Corp.) -- Vancouver, British Columbia--(November 9, 2010) - Fronteer Gold (TSX:FRG) (FRG - TSX/NYSE-Amex) announces that ongoing drilling to the northeast of the current resource area continues to intersect wide intervals of high-grade gold at its wholly owned Long Canyon gold project in Nevada. Fronteer Gold recently completed the acquisition of AuEx Ventures, thereby consolidating 100% ownership of its flagship Long Canyon project and creating a dominant position in the emerging Pequop Gold District. “The Long Canyon deposit is the type of foundational asset upon which major mining companies have historically been built. Long Canyon is viewed a ‘company-maker’ for Fronteer Gold, with its combination of high grades, simple metallurgy, resource upside and favourable jurisdiction. We are well funded to advance Long Canyon on a 100% basis as we push forward on our development timeline,” says Fronteer Gold President and CEO Mark O’Dea. Six drill rigs are currently operating as part of the year’s ongoing 70,000-metre program. New results include: 10.46 g/t gold over 39.3 metres, including 16.72 g/t gold over 15.2 metres in LC556C; 6.35 g/t gold over 38.1 metres, including 10.59 g/t gold over 16.9 metres in LC548C; 5.15 g/t gold over 42.7 metres in LC541C; 5.29 g/t gold over 33.2 metres, including 20.23 g/t gold over 5.2 metres in LC557C; 3.14 g/t gold over 46.3 metres, including 13.30 g/t gold over 9.8 metres in LC564C; 6.38 g/t gold over 17.1 metres in LC561C; 5.28 g/t gold over 13.0 metres, including 18.34 g/t gold over 2.7 metres in LC547C; 8.42 g/t gold over 6.1 metres, including 34.3 g/t gold over 1.2 metres in LC555C. Primary drill composites were calculated using a cut-off of 0.30 g/t, with variably higher cut-offs for the sub-intervals. Drill intersections are reported as drilled thicknesses. True widths of the mineralized intervals are interpreted to be between 30-100% of the reported lengths. Intervals less than 1 g/t are not reported in this press-release table. \"C\" indicates a core hole. For a PDF of comprehensive drill results, including new and non-reportable intercepts, please click:http://www.fronteergold.com/sites/files/fronteer_admin/LongCanyonDril...