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Fronteer Gold: Drilling begins at TV Tower Gold Project in Turkey
Fronteer Gold: Drilling begins at TV Tower Gold Project in Turkey
About this update from Forge Resources Corp.
[{"type":"text","content":"\nFronteer Gold: Drilling begins at TV Tower Gold Project in Turkey\n\n\n Sep. 2, 2010 (Newsfile Corp.) -- Vancouver, British Columbia--(September 2, 2010) - Fronteer Gold (TSX:FRG) (FRG: TSX/NYSE-Amex) announces today that Teck Resources Limited’s Turkish subsidiary, (“TMST”), our 60% joint venture partner and project operator, has commenced a 5,000 metre drill program on the TV Tower Gold Project in Northwestern Turkey. TV Tower is located within the Biga Peninsula, approximately 15 kilometres northwest of Fronteer Gold and TMST’s Halilaga copper-gold porphyry deposit. TV Tower is a large property covering 65 km2 and is accessible by road. Fronteer Gold believes there is strong potential for multiple gold deposits nested within what appears to be a large, highly altered volcanic centre. Since 2008, TMST has completed detailed geological mapping; extensive soil and rock geochemical sampling; and, ground-based magnetic and IP/Resistivity surveys. Seven targets have been identified for detailed follow-up. Many of these target areas have wide-spread epithermal alteration with supporting geophysical and geochemical signatures typical of those seen at other high-sulphidation gold and porphyry copper-gold deposits in the region. Highlights from rock-saw channel sampling from four different target areas include: 1.1 grams per tonne gold over 113 metres 0.7 g/t gold over 63 metres 0.3 g/t gold over 26.5 metres 0.4 g/t gold over 20 metres with individual grab samples as high as 50.0 g/t gold (Note: The reported composites are weighted average grades based on the length of individual rock saw channel samples collected from available outcrops. The minimum and maximum channel lengths are 1.5 and 5.0 metres respectively. The depth and width of the channels are approximately 2 and 4 cm respectively). A CDN$1.3 million program, funded 60%/40% by TMST and Fronteer Gold, is planned for 2010 with a focus on initiating Phase 1 drilling on two high-sulphidation gold targets. The program will include an additional 30 line kilometres of IP/Resistivity surveys, and 5,000 metres of drilling with two diamond-core rigs. Rock samples and analytical data for TV Tower are collected under the supervision of TMST using industry standard QA-QC protocols. Ian Cunningham-Dunlop P. Eng, Vice President Exploration for Fronteer Gold, wh...