Frontline Gold Corp.

Published : December 02nd, 2010

Frontline Gold Corporation

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Keywords :   Diamond | Gold | Mali | Market | Turkey |

NEWS RELEASE

FRONTLINE GOLD CORP.

FRONTLINE GOLD NIAOULENI Diamond DRILLING UPDATE

 

Walter Henry, President and CEO of Frontline Gold Corporation ("Frontline") (TSX Venture: FGC) announces that Diamond drilling is progressing according to schedule at Frontline�s 100% owned Niaouleni Gold Project in Mali.  

 

The current phase of the drilling program is expected to total approximately 2,800 metres to the end of December 2010, at an estimated cost of C$800,000. To date, a total of 425 metres in four holes has been completed.

 

The program recommended by ACA Howe International Limited in their August 2010 NI 43-101 geological report on the Niaouleni Gold Project called for up to 5,000 metres of Diamond drilling and up to 18,000 metres of RAB drilling, to follow-up on drill targets identified by the prior RAB drill program, including confirmation and verification of historical significant drill results.

 

�Our drill program is running on schedule and on budget� commented Frontline President and CEO Walter Henry. �We are also greatly encouraged by the significant drill results released over the past two weeks by African Gold Group (�AGG�) from their Kobada Project. Three of AGG�s holes are particularly pertinent for Niaouleni, as their drill program appears to extend the Kobada Deposit mineralization southward towards Niaouleni which is contiguous to the Kobada Property and along strike from the Kobaba Deposit: Hole RPA10-003 was reported at 44m @ 2.11 g/t Au, including 3m @ 19.30 g/t Au (hole ended in mineralization); RPA10-005 was reported at 37m @ 1.47 g/t Au, including 5m @ 7.48 g/t Au (hole ended in mineralization); and  RPA10-006 was reported at 26m @ 1.09 g/t Au, (hole ended in mineralization). AGG�s recent drilling now appears to be within four kilometres of our northern boundary; similarly, our drill program will include targets in our northern region.�

 

With its 94 km� Niaouleni Gold Project in West Mali, expanding land position at Efem�ukuru in Turkey, the Poly and Stewart gold properties in British Columbia, and the Red Lake gold prospects in Ontario Frontline is re-positioning itself as a pure-gold exploration company.

 

Frontline has an experienced management group, a solid exploration team and a promising portfolio of gold exploration projects offering investors exposure to a promising suite of gold exploration properties.

 

Please visit our website at www.frontlinegold.com for the most recent presentation.

On Behalf of the Board

Walter Henry, CFA, ICD.D.

President & CEO

 

Frontline Gold Corporation

1550 Bedford Highway

Suite 802, Sun Tower

Bedford, NS B4A 1E6

Tel.: (902) 832-5555 Fax: (902) 832-2223

 info@frontlinegold.com

 

If you wish to unsubscribe from this email service, please contact us at info@frontlinegold.com with unsubscribe in the subject line.

 

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

.
Data and Statistics for these countries : Mali | Turkey | All
Gold and Silver Prices for these countries : Mali | Turkey | All

Frontline Gold Corp.

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CODE : FGC.V
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Frontline Gold is a gold exploration company based in Canada.

Frontline Gold holds various exploration projects in Mali and in Turkey.

Its main exploration properties are JUBILEE in Canada, NIAOULENI in Mali and MENDERES in Turkey.

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Financings of Frontline Gold Corp.
9/30/2013Announces Closing of Private Placement
5/30/2013Extends Private Placement
4/17/2013Extends Private Placement
2/22/2013Announces a $500,000 Non-Brokered Private Placement
6/8/2011Announces Closing of First Tranche of Private Placement
5/4/2011Announces Private Placement
Option Grants of Frontline Gold Corp.
3/19/2013Announces Stock Option Grant
10/25/2011Announces Stock Option Grant
Nominations of Frontline Gold Corp.
8/26/2011Announces Appointment of Tom Hussey as Board Member
Project news of Frontline Gold Corp.
5/6/2016Frontline announces acquisition of Rainy River Properties St...
4/2/2013(Menderes)Completes 100% Interest in Menderes Turkey Asset
1/30/2013(Menderes)Amends the Terms of Its Option Agreement Regarding the Mende...
5/22/2012Expands Poly Project in the Stewart Gold Camp, NW BC
4/19/2012highlights planned 2012 Exploration Programs at its Poly and...
2/22/2012(Menderes)Commences Diamond Drill Program on the Menderes Gold Project...
1/12/2012Provides an Update on the 2011 Exploration Programs at the P...
1/4/2012(Menderes)Announces Drill Contract for Menderes Gold Project, Located ...
10/25/2011Provides an Update on the 2011 Exploration Program on the Po...
10/13/2011(Niaouleni)intersects 1.76 g/t Au over 8.5 metres and extends the R1 go...
9/22/2011announces the commencement of the 2011 diamond drill program...
8/24/2011Announces Drill Contract for the Poly Project in the Stewart...
6/30/2011Reports the Initiation of the 2011 Exploration Programs on t...
6/29/2011(Menderes)Completes Soil Geochemistry Analysis and Commences IP Survey...
5/30/2011(Menderes)Advances Initial Exploration at Menderes Gold Project, Izmi...
5/5/2011Frontline Gold Stewart Camp Property Payments
4/27/2011Stewart Camp Property Payments
4/12/2011Stewart Camp Property Payments
4/1/2011(Menderes)Renames Turkish Gold Project
2/22/2011(Niaouleni)Confirms 4 Gold Structures at Niaouleni and Intersects 21.56...
Corporate news of Frontline Gold Corp.
6/22/2016Frontline announces an increase to the Loan funding to advan...
5/31/2016Frontline Announces Keban Tailings Assays, (including signif...
5/10/2016Frontline Announces Increase in Keban Tailings Tonnage and P...
4/20/2016Frontline secures funding to advance production at its Kambe...
4/7/2016Frontline Acquires Fully Permitted Keban and Kambertepe Tail...
7/22/2015Frontline Provides Update on its Menderes Gold Project, Plan...
12/18/2014Frontline Options Baird Property Along Pure Gold's Madsen Go...
12/18/2014Frontline Options Chukuni Property Along Goldcorp's Red Lake...
8/28/2014Frontline Gold - Results of Annual and Special General Meeti...
8/13/2014TSX Venture Exchange Daily Bulletins
5/28/2014IIROC Trading Resumption - FGC
5/21/2014IIROC Trading Halt - FGC
6/7/2013Announces Shares for Debt Agreement for US$200,000
6/7/2013Announces Shares for Debt Agreement for US$200,000
5/29/2013Defending Claim
5/28/2013-Results of Annual and Special General Meeting of Shareholde...
5/28/2013-Results of Annual and Special General Meeting of Shareholde...
3/27/2013Announces Shares for Debt Transaction
3/14/2013Initiates Strategic Review Process
3/13/2013Announces Significant Drill Ready Base-Precious Metal VMS Ta...
11/8/2012(Menderes)Announces Discussions Regarding Menderes Turkey Asset
10/2/2012Announces Completion of Phase 1, 2012 Follow-Up Program on t...
7/4/2012Results of the Annual and Special General Meeting of Shareh...
6/5/2012(Menderes)Submits Application for Operating License on the Menderes Pr...
8/23/2011Identifies 2 IP Anomalies from IP/Resistivity Survey
8/17/2011Divests Share Position held in Merrex Gold Inc.
8/17/2011Edison Investment Research report on Frontline Gold
7/13/2011-Results of the 2011 Annual and Special General Meeting of S...
6/23/2011Annual and Special Meeting of Shareholders
6/22/2011Announces Loan from President and CEO
6/15/2011Announces Initiation of Edison Investment Analyst Coverage
5/19/2011(Niaouleni)New Gold Discovery and Resumption of Diamond Drilling at Nia...
5/5/2011Engages Auburn Partners as Investor Relations Consultants
4/27/2011Stewart Property Payments
4/12/2011Frontline Gold Corp.
4/7/2011Adds Darryl Sittler as an Independent Director to Board
4/7/2011(Niaouleni)Makes a Gold Discovery, Completes RC Drilling Program and Re...
3/3/2011Announces $500,000 Exploration Program at Efemcukuru
2/23/2011Frontline Gold Corporation
2/23/2011-Stock Options
2/23/2011Stock Options
2/22/2011Frontline Gold Corporation
2/11/2011Frontline Gold Corporation
2/1/2011Frontline Gold Corporation
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