Fronteer Gold

Published : December 08th, 2008

Shallow drilling demonstrates high-grade nature of mineralization at Sandman gold project

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December 8, 2008

Shallow drilling demonstrates high-grade nature of mineralization at Sandman gold project

08-31

Fronteer Development Group Inc. ("Fronteer" or the"Company") (FRG - TSX/AMEX) is pleased to announce that drilling byNewmont Mining Corp. ("Newmont") continues to delineate near-surface, high-grade,oxide gold mineralization at the Sandman gold project in Nevada.

Newmont has provided Fronteer with assay results forthe first 16 holes drilled in Sandman's Southeast Pediment deposit.  A total of 37 holes were completed atSandman during the 2008 program. Assays for the remaining 21 holes are pending.  Similar to Fronteer's Long Canyonproject, drill results feature consistent, wide intervals of goldmineralization with high-grade zones, including:

  • 2.58 grams per tonne gold  (0.075 ounces per ton) over 26.19 metres, including 25.78 g/t (0.752 oz/ton) over 1.68 metres, in NSM-04;
  • 2.24 g/t gold (0.065 oz/ton) over 11.68 metres, including 12.08 g/t (0.352 oz/ton) over 1.59 metres, in NSM-08; and
  • 2.05 g/t  (0.060 oz/ton) over 13.57 metres, including 19.96 g/t (0.582 oz/ton) over 0.95 metres, in NSM-19; along with,
  • Silver grades as high as 74.44 g/t (2.17 oz/ton).

Sandman currently includes a group of four closelyspaced deposits that are near-surface and potentially amenable to open-pit mining,with resource expansion and exploration upside potential. Sandman islocated along trend of the Sleeper gold mine and Goldbanks deposit, along theKing River Rift that hosts multiple high-grade vein gold systems. Infrastructuresurrounding Fronteer's Sandman project is excellent. The property is close toNewmont's Twin Creeks mine, potentially eliminating the need for a stand-alonemilling facility and other significant capital expenditures if the project wereto proceed to production. 

Sandman's exploration and development program isfocused on:

  1. Confirming the character of near surface gold mineralization at Sandman's Silica Ridge and SE Pediment deposits;
  2. Obtaining bulk metallurgical material for mill grade and heap leach metallurgical tests; and,
  3. Deepening the understanding of the geology and controls on gold mineralization. 

Under the terms of the Sandman option and joint-ventureagreement, Newmont can earn an initial 51% interest in the project by making apositive production decision by June 2011, spending a minimum of $14 million onexploration and development, making a commitment to fund and construct a mine,and completing a bankable feasibility study. 

DRILL RESULTS

Hole ID

From (m)

To (m)

Interval (m)

Ag (g/t)

Au (g/t)

Au (oz/t)

NSM-04

17.07

43.26

26.19

17.48

2.58

0.075

Including

37.80

39.48

1.68

74.44

25.78

0.752

NSM-05

25.24

46.49

21.25

15.50

1.83

0.053

Including

28.29

32.26

3.96

21.76

5.12

0.149

And

33.72

34.42

0.70

14.09

4.85

0.141

NSM-06

11.49

29.85

18.35

22.43

1.54

0.045

Including

18.45

18.87

0.43

31.71

24.67

0.720

NSM-07

15.30

37.68

22.38

16.68

1.17

0.034

Including

34.63

36.07

1.43

40.57

10.55

0.308

NSM-08

18.26

29.94

11.68

23.21

2.24

0.065

Including

21.01

22.59

1.59

27.95

12.08

0.352

NSM-09

25.49

42.99

17.50

11.67

1.63

0.047

Including

33.54

34.15

0.61

24.41

12.95

0.378

And

37.50

39.09

1.59

5.69

2.28

0.066

NSM-10

17.04

51.83

34.79

15.96

1.10

0.032

Including

17.04

17.44

0.40

7.41

5.98

0.174

And

24.09

25.21

1.13

10.80

3.24

0.094

And

34.91

35.85

0.95

13.61

3.58

0.104

And

38.90

39.39

0.49

6.41

3.53

0.103

And

42.13

42.99

0.85

16.11

4.21

0.123

NSM-11

36.83

47.29

10.46

10.84

0.52

0.015

NSM-13

19.85

34.42

14.57

9.20

1.47

0.043

Including

19.85

21.31

1.46

8.54

2.89

0.084

And

33.05

34.42

1.37

15.95

5.62

0.164

And

44.27

53.29

9.02

3.00

0.63

0.018

NSM-15

54.85

59.39

4.54

5.45

0.66

0.019

NSM-16

12.20

14.15

1.95

2.31

0.73

0.021

And

24.76

31.55

6.80

11.97

2.03

0.059

Including

28.57

29.24

0.67

6.21

4.16

0.121

And

30.49

31.55

1.07

29.76

5.51

0.161

NSM-18

10.06

13.57

3.51

1.34

2.66

0.078

Including

12.80

13.57

0.76

2.09

7.45

0.217

And

30.18

34.45

4.27

19.28

1.35

0.039

Including

32.26

33.84

1.59

20.11

2.25

0.066

And

40.09

47.35

7.26

5.50

0.85

0.025

Including

41.16

42.07

0.91

5.79

2.49

0.073

NSM-19

20.27

33.84

13.57

9.94

2.05

0.060

Including

21.28

22.56

1.28

17.00

2.38

0.069

And

23.35

24.30

0.95

44.75

19.96

0.582

NSM-20

67.38

73.48

6.10

9.75

0.93

0.027

Including

67.38

68.29

0.91

47.59

2.48

0.072

NSM-24

34.51

38.02

3.51

7.09

0.70

0.020

And

47.07

50.30

3.23

2.52

1.32

0.039

Including

48.78

49.57

0.79

2.81

2.53

0.074

NSM-25

10.03

15.61

5.58

1.32

0.92

0.027

And

20.95

22.10

1.16

4.18

0.99

0.029

And

24.21

25.98

1.77

3.25

0.70

0.020

Note: Thetrue width of the mineralized zones is estimated to be approximately 90% ofthose stated. Primarycomposite intervals were calculated using a cut-off of 0.5 g/t Au, and 2.0 g/tAu for the higher grade internal intervals.

Since signing the option deal in June 2008, Newmont has completed 2,800metres (9,300 feet) of drilling in 37 core holes. Over the next few months, a2009 drilling program will be determined to cover additional developmentdrilling at Sandman and initiate a series of exploration drill holes which willcover various property wide target areas based on surface mapping, geophysicaland soil sampling results.

Sandman, Northumberland and Long Canyon are currentlyFronteer's leading properties among its large portfolio of gold projects inNevada.  For more information onSandman and Fronteer's other Nevada projects, visit:  http://www.fronteergroup.com/?q=content/nevada

Drillsamples and analytical data for the Sandman project are being collected underthe supervision of Newmont, Fronteer's joint venture partner and projectoperator, using industry standard QAQC protocols. Fronteer's James AshtonP.E., who is the QP responsible forcompiling the data contained in this release, has not verified the data;however, the grades and widths reported here agree well with the Company's pastresults on the project and correspondence with the operator has given him noreason to doubt their authenticity. For further details on Sandman, please viewthe technical report prepared by Mine Development Associates ("MDA"), as of May31, 2007, on SEDAR at http://www.sedar.com.

LIQUIDITY
Fronteer has no debt and is notinvested in any short-term commercial paper or asset-backed securities.Fronteer has approximately C$82 million in cash that is fully liquid and heldwith a large Canadian commercial bank.

ABOUT FRONTEER
Fronteer is an exploration and development companywith a track record of making big discoveries. Fronteer has an extensiveportfolio of advanced stage gold projects in Nevada, a 40% interest in threegold and copper-gold projects in western Turkey, and a 42.2% interest in AuroraEnergy Resources (TSX - AXU), a leading Canadian uranium company.  For further information on Fronteervisit
www.fronteergroup.com orcontact:

MarkO'Dea, Ph.D, P.Geo President and CEO
Richard Moritz, Director, Investor Relations
GlenEdwards, Director, Communications
Phone 604-632-4677 or Toll Free 1-877-632-4677
info@fronteergroup.com

Exceptfor the statements of historical fact contained herein, certain informationpresented constitutes "forward-looking statements" within the meaningof the United States Private Securities Litigation Reform Act of 1995. Suchforward-looking statements, including but not limited to, those with respect topotential expansion of mineralization, potential size of mineralized zone, andsize of exploration program involve known and unknown risks, uncertainties andother factors which may cause the actual results, performance or achievement ofFronteer to be materially different from any future results, performance orachievements expressed or implied by such forward-looking statements. Suchfactors include, among others, risks related to international operations andjoint ventures , the actual results of current exploration activities,conclusions of economic evaluations, uncertainty in the estimation of orereserves and mineral resources, changes in project parameters as plans continueto be refined, future prices of gold and silver, environmental risks andhazards, increased infrastructure and/or operating costs, labor and employmentmatters, and government regulation and permitting requirements as well as thosefactors discussed in the section entitled "Risk Factors" inFronteer's Annual Information form and Fronteer's latest Form 40-F on file withthe United States Securities and Exchange Commission in Washington, D.C.Although Fronteer has attempted to identify important factors that could causeactual results to differ materially, there may be other factors that causeresults not to be as anticipated, estimated or intended. There can be noassurance that such statements will prove to be accurate as actual results andfuture events could differ materially from those anticipated in suchstatements. Fronteer disclaims any intention or obligation to update or reviseany forward-looking statements, whether as a result of new information, futureevents or otherwise. Accordingly, readers should not place undue reliance onforward-looking statements.

FRG - TSX �2008 Fronteer Development Group | fronteergroup.com
FRG - NYSE-A
Suite 1650, 1055 West Hastings, Vancouver, BC V6E 2E9
Data and Statistics for these countries : Turkey | All
Gold and Silver Prices for these countries : Turkey | All

Fronteer Gold

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Fronteer Gold is a gold exploration company based in Canada.

Fronteer Gold develops gold and uranium in Canada, and holds various exploration projects in Canada, in Mexico and in Turkey.

Its main assets in development are MICHELIN (UNDERGROUND) and MICHELIN (OPEN PIT) in Canada and its main exploration properties are GROUSE CREEK, OLYMPIC, REEF, BUFFALO CANYON, GOLD SPRINGS, DIXIE LAKE, RAINBOW PROJECT, INDA LAKE, SANDMAN, JACQUES LAKE (UNDERGROUND), JACQUES LAKE (OPEN PIT), NASH, INDA, GEAR, INDA - UNDERGROUND, INDA - OPEN PIT, GEAR - UNDERGROUND, GEAR - OPEN PIT and KLONDIKE NORTH in Canada, SANTA CRUZ PROJECT, PASCO CANYON and ROSE MINE in Argentina, BUNCE, FIREBALL RIDGE, GREEN MONSTER, HAYS CANYON, JPW, WEST PEQUOP, HALILAGA, TRINITY SILVER, AGI DAGI - DELI ZONE, LONG CANYON, NORTHUMBERLAND, AGI DAGI, YUNTDAG and HUM in Turkey, BAZA, ARABIA, GYPSUM VALLEY, PEQUOP SOUTH, LENOID and SINTER in Spain and SWISS BANK in Mexico.

Fronteer Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.2 billions as of today (US$ 2.3 billions, € 1.6 billions).

Its stock quote reached its lowest recent point on December 31, 2004 at CA$ 0.30, and its highest recent level on April 08, 2011 at CA$ 14.78.

Fronteer Gold has 150 571 000 shares outstanding.

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4/26/2010expands gold portfolio in Nevada with acquisition ...
3/29/2010Strong year-end results
1/6/2010Exceptional gold intercepts expand mineralization at Long Ca...
12/9/2009Agreement signed for the sale of the Agi Dagi and Kirazli go...
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TORONTO (FRG.TO)AMEX (FRG)
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