TSXV:FGC.H - Post by User
Post by
inseon Jan 02, 2021 12:03am
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Post# 32208636
FGC is a real wildcard
FGC is a real wildcardFGC has many irons in the fire, and could pleasantly surprise the markets in 2021.
Frontline Gold Corp's Route 109 Project covering 5,588 hectares, is particularly interesting, given the fact that this property is located within the prolific Abitibi Greenstone Belt, and is contiguous to the highly prospective Maple Gold Mines / Agnico Eagle Mines district-scale ~350km2 Douay Gold Project. ROUTE 109 PROJECT
Route 109 Property which consists of 100 mining claims in the Province of Quebec covering 5,588 hectares (see Figure 1)
The Route 109 land package is contiguous to the recently announced 50-50 joint venture between Maple Gold's Douay Project and Agnico Eagle's Joutel Project that has been a consolidated into a joint property package.
The Route 109 Property lies within a sequence of mafic volcanic and metasediment rocks. Iron formation and Timiskaming-type conglomerates have also been noted which are favourable to mineralization in the belt. Gold mineralization in the Douay-Vezza Gold belt is strongly associated with magnetic trends and signatures.
The Route 109 Property has seen little historical drilling in a geological environment where significant intersections have been encountered in historical drilling. These include DH 92-CA-A-05 which intersected 0.608 g/t Au over 10.8m, DH 92-CA-A-15 which intersected 102.4 g/t Ag over 2.45m and DH 96-Ca-A-20 which intersected 1.13 g/t Au over 45m which includes 10.95 g/t Au over 4m. The above drill intersections occur along the northern boundary. The above information provides an indication of the exploration potential of the Route 109 Property and may not be representative of expected results.
Other Frontline Gold Corp projects that offer interesting upside potential include:
- Portage River Project in Quebec
- Crooked Pine Lake Property in Ontario
- Menderes Project in Turkey
FGC is a real wildcard at 0.03, and offers significant upside potential from current levels.
GLTA