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Frontline Gold Corp V.FGC.H

Alternate Symbol(s):  FLDPF

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

Post by Opportunity1967on Aug 12, 2021 8:14am
200 Views
Post# 33690548

FGC - Receives Exploration Permit for Crooked Pine Lake

FGC - Receives Exploration Permit for Crooked Pine Lakefull news release at https://pro.ceo.ca/@thenewswire/frontline-receives-exploration-permit-for-crooked-pine

Frontline Receives Exploration Permit for Crooked Pine Lake Property

(TheNewswire)


  
Toronto, Ontario - TheNewswire - August 12, 2021 – Frontline Gold Corporation (TSXV:FGC) (“Frontline” or the “Company”) is pleased to announce it has been issued a mineral exploration permit by the Ontario Ministry of Energy, Northern Development and Mines (“MENDM”) for its Crooked Pine Lake gold property (the “Property”) located 35 km east of Atikokan, Ontario.
 
The Crooked Pine Property Permit has been issued to Frontline for an initial three (3)-year term. This permit allows Frontline to undertake various surface exploration activities on the property including potential trenching on up to 17 identified locations and over 65 diamond drilling hole locations.  The Company will consider a Fall 2021 trenching program followed by a Phase 1 drill program on the Crooked Pine property.  The programs will be designed to follow-up on the exploration work conducted on the Property since July 2020 when Frontline first acquired the property.
The limited soil sampling program announced (see press release August 3, 2021) was successful in extending gold-bearing trends where grab samples were reported up to 19.2 g/t Au from 2020 summer sampling (press release August 17, 2020), up to 7.03 g/t Au from 2020 fall sampling (press release Feb 11, 2021) and 3.06 g/t Au from spring 2021 sampling programs (see press release July 20, 2021).

Click Image To View Full Size
 
Figure 1. Crooked Pine Lake proposed Diamond Drilling and Trenching locations.
 
The highlighted results reflect the gold-bearing shear zones in the southern mafic volcanic belt along the Pothole Lake Deformation Zone. These shear zones contain quartz veining in excess of 1m, iron carbonate alteration, potassic alteration and variable contents of pyrite, chalcopyrite and arsenopyrite. The soil sample results also reflect that the northeast trending X656 Shear Zone can be traced in areas of low outcrop exposure. The X656 Shear Zone is one of many northeast trending gold-bearing structures in the Atikokan region that are important hosts for gold mineralization.
 
Crooked Pine Gold Project Highlights
 
The Property is located within the Marmion Subprovince of northwestern Ontario, home to the Agnico Eagle Hammond Reef gold deposit which hosts 4.5M oz. of gold in the Measured and Indicated category. The Hammond Reef gold deposit is located on the Hammond Reef Shear Zone, a northeast trending deformation corridor hosted within the granitoid suite of the Marmion batholith. Of significance within the Marmion batholith are multiple, parallel, northeast-trending gold-bearing shear zones that contain historic gold mines and occurrences (Figure 1). These northeast trending shear zones are considered splays off of the Quetico Fault, a subprovince boundary fault separating the Marmion and Quetico subprovinces.

Click Image To View Full Size
 
Figure 2. Regional location of the Crooked Pine Lake Property.
 
Commentary
 
"After acquisition of the Pothole Claims earlier in the year, our field crew set out with boots on the ground in May to investigate historical reports of gold mineralization along the Pothole Lake Deformation Zone. Our initial rock sampling program confirmed this with promising results. It now appears that Frontline has another effective exploration tool to outline gold-bearing trends in those areas of low outcrop exposure along strike from the 2020 and 2021 rock sampling programs. We can now utilize the results for continued exploration programs targeted at those areas of high merit. The Crooked Pine Lake Project continues to be a high-quality asset of Frontline”, said Frontline’s President and CEO Walter Henry.
 
Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43-101, has reviewed, and approved the technical contents of this news release on behalf of the Company.
 
About Frontline Gold Corporation
 
Frontline is a Canadian junior mineral exploration company. The Company's properties include the optioned gold projects in Red Lake area of Ontario, Crooked Pine Gold Project (Ontario), Paint Lake Road Gold Project (Ontario) Cameron Lake Gold Project (Ontario), the Route 109 Gold Project, the NE Bachelor Lake Gold Project and the Portage River Gold Project all in the Abitibi Region of Quebec, the Copperlode Project 60 kms east of the Red Lake and the Menderes gold project in the Izmir province of Western Turkey. Other Canadian exploration properties include other gold property groups in Ontario and include the Whitehorse Island Mining Patents.
 
Further information about the Company is available on the Company’s website, www.frontlinegold.com , or our social media sites listed below:
 
Facebook: https://www.facebook.com/Frontline Gold Corp./
Twitter: https://twitter.com/frontlinegold
Linkedin: https://www.linkedin.com/company/frontline-gold-corp-fgc-
  
This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company’s actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company’s control.  These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.
Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made.  The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
 “Walter Henry”   Contact:           Walter Henry
Telephone:      (416) 861- 9090
Email:               info@frontlinegold.com
Website:          www.frontlinegold.com
 
Frontline Gold Corp. (TSX-V: FGC)
372 Bay Street, Suite 301
Toronto, Ontario M5H 2W9
Walter Henry, President & CEO
FRONTLINE GOLD CORP.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
 
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 
Copyright (c) 2021 TheNewswire - All rights reserved.




Disclaimer: The information in this email is not reliable for investment purposes.
 

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