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Fronteer Gold Intersects 33 Metres of 5.96 g/t Gold and Begins Decline Work at Northumberland
Fronteer Gold Intersects 33 Metres of 5.96 g/t Gold and Begins Decline Work at Northumberland
About this update from Forge Resources Corp.
[{"type":"text","content":"\nFronteer Gold Intersects 33 Metres of 5.96 g/t Gold and Begins Decline Work at Northumberland\n\n\n Sep. 9, 2010 (Newsfile Corp.) -- Vancouver, British Columbia--(September 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 and that site preparation for the decline portal has commenced at its wholly owned Northumberland project in Nevada. Holes NUG05 and FNU38 are located 75 metres north and 105 metres south-west, respectively, of previously reported FNU035 (see August 3, 2010, press release). Both new holes returned high-grade gold and silver values. Mineralization now extends for an average strike length of 260 metres within the currently outlined second high-grade zone. The 2010 drill program is focused on the western half of the shallow portion of the deposit where previous wide-spaced drilling and new geologic modeling indicate high-grade gold and silver occurring over thick intervals. Collectively, these two new holes expand an important target area and enhance the understanding of the distribution of high-grade mineralization throughout the deposit. Drill highlights from the two new holes, starting at a depth of approximately 220 metres, include: • 5.96 grams per tonne gold (0.174 ounces per ton) and 11.73 g/t silver (0.342 oz/ton) over 33.53 metres, including 13.20 g/t gold (0.385 oz/ton) and 9.95 g/t silver (0.290 oz/ton) over 1.52 metres in NUG05. • 4.44 g/t gold (0.129 oz/ton) and 12.85 g/t silver (0.375 oz/ton) over 8.63 metres, and 5.09 g/t gold (0.148 oz/ton) and 11.25 g/t silver (0.328 oz/ton) over 13.53 metres, in FNU38. (“NUG” references geotechnical hole. 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. DEVELOPMENT PROGRAM Site preparation has begun for a 280-metre long decline to access high-grade mineralization within the deposit, with completion targeted for Q1-2011. The decline will: • Provide the most cost-effective method for future exploration/definition drilling and the best opportunity to assess controls o...