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Fronteer Gold Continues to Intersect High-Grade Gold at Northumberland with 19.8 Metres of 7.07 g/t Gold
Fronteer Gold Continues to Intersect High-Grade Gold at Northumberland with 19.8 Metres of 7.07 g...
About this update from Forge Resources Corp.
[{"type":"text","content":"\nFronteer Gold Continues to Intersect High-Grade Gold at Northumberland with 19.8 Metres of 7.07 g/t Gold\n\n\n Aug. 12, 2010 (Newsfile Corp.) -- Vancouver, British Columbia--(August 9, 2010) - Fronteer Gold (TSX:FRG) (FRG – TSX/NYSE Amex) announces today that core drilling continues to define a second high-grade gold-silver zone at its 100% owned Northumberland project in Nevada. The 2010 drill program is focused on the western half of the deposit where previous wide-spaced drilling and new geologic modeling indicate the presence of multiple areas where high-grade gold and silver occur over thick intervals. Two new holes have returned high-grade gold and silver over intervals comparable to those recently reported in hole FNU35 (See Aug. 3, 2010 press release). Together, these three holes expand an important target area and enhance our understanding of the distribution of high-grade mineralization throughout the deposit. Drill highlights from the two new holes, starting at a depth of approximately 240 metres, include: 7.07 grams per tonne gold (0.206 ounces per ton) and 29.47 g/t silver (0.859 oz/ton) over 19.81 metres, including 10.61 g/t gold (0.309 oz/ton) and 23.47 g/t silver (0.684 oz/ton) over 3.81 metres, in FNU36. 6.70 g/t gold (0.195 oz/ton) and 38.86 g/t silver (1.133 oz/ton) over 20.42 metres, including 13.40 g/t gold (0.391 oz/ton) and 70.80 g/t silver (2.065 oz/ton) over 1.52 metres, in FNU37. (Composites for broad intervals are created at 3.0 g/t gold cut off, with “including” intervals created at 10 g/t cutoff. Several values below the 3.0 gram/tonne cutoff may be included as part of the mineralized zone). Assays from additional holes testing this high-grade target area are pending. For a map, please click: http://www.fronteergold.com/sites/files/fronteer_admin/NorthumberlandMap1025.pdf Construction of a 280-metre long decline to access high-grade mineralization within the deposit is scheduled to begin in Q3-2010 with completion targeted for Q1-2011. The decline will provide the most cost-effective method for evaluating controls on high-grade mineralization, as well as conducting underground exploration/definition drilling and bulk sampling. 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,...