Frontline Gold Corp V.FGC.H

Alternate Symbol(s): FLDPF

Metals & Mining Gold

Frontline Gold Corporation is a Canada-based junior mineral exploration company. The Company's properties include the optioned gold projects in the Red Lake area of Ontario, Cameron Lake Gold Project (Ontario), the Portage River Gold Project in the Abitibi Region of Quebec, the Confederation Lake Project which is approximately 60 kms east of the Red Area and the Menderes gold project in the Izmir province of Western Turkey. The Company’s other Canadian exploration properties include other gold property groups in Ontario and include the Whitehorse Island Mining Patents. In addition, the Company has a large NSR package on about four separate gold property groups in Red Lake, which are presently under option for Pacton Gold. The Cameron Lake/Flint Lake Property is located in the Rainy River area, Ontario. The Copperlode Property lies within the Confederation Lake Greenstone Belt 40 to 60 kilometers southeast of Red Lake, Ontario.

TSXV:FGC.H - Post by User

Frontline Gold Corp

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Post by Opportunity1967on Dec 08, 2020 7:56am

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Post# 32056260

FGC sells its Portfolio of Royalties in Red Lake, Ont

EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the "Company" or "EMX") is pleased to announce it has executed a purchase agreement for a portfolio of royalty and property interests (the "Portfolio") from Frontline Gold Corporation ("Frontline") for C$800,000, which will be paid 50% in cash and 50% in shares of EMX.

Use of Proceeds by Frontline Gold: The net proceeds from the royalty sale will be used to fund continued exploration and development activities at the Company's Ontario and Quebec properties, drilling at it Menderes Gold property in Turkey, funds to complete additional property acquisitions and for general working capital.

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