Frontline Gold Corporation Announces Prospecting Crew from Emerald Geological Services Mobilized to the Property
consistently anomalous Au, locally high-grade Ag and anomalous Co with values up to: 37.8% Cu; 3.01 gpt Au; 19.3% Zn, 10% Pb & 1130 ppm Ag; 1700 ppm Co The current exploration program will consist of prospecting and soil sampling across and along strike of the Metallic Trend, follow up prospecting at the new Northeast Showing as well as a few regional targets on the newly staked claims. The Property The Epworth Project is part of a broad platform-type clastic-carbonate sequence belonging to the early Proterozoic Coronation Supergroup that extends from the north shore of Takijuq Lake to the Coronation Gulf for over 130 km. Polymetallic sulphide mineralization occurs as disseminations in the matrix of coarse clastic quartzites or as concordant zones of cherty replacements and veins within permeable dolomite . The stratigraphy, diagenetic evolution and rift-related tectonic setting of the Coronation Supergroup compare favourably to the African Copperbelt where large high-grade sediment-hosted stratiform Cu-Co-Ag deposits are frequent, and to stratabound Mississippi Valley Type sediment-hosted Pb-Zn deposits worldwide. The gold-rich nature of the system further increases the economic potential of this area. The Epworth Project was explored by Noranda Mining and Exploration and Rhonda Mining Corporation in the mid-1990's. Surface sampling and one drill hole in the Payback South showing confirmed the high-grade nature of the polymetallic stratiform mineralization. Two holes were drilled at the Payback North showing where hole 95-1 intersected 8.3m of 0.303% Cu at shallow depths with subordinate sphalerite-galena mineralization. Noranda concluded that the 1995 drilling may have intersected the leading edge of a mineralizing system, however never returned for follow-up drilling. Frontline can acquire an 80% interest in the 306-mining cell-units from the vendor with the issuance of 1 million common shares of FGC over 3-years and total exploration expenditures of $2 million over 4-years. The vendor retains a 2% NSR with a 1% buyback for $1 million.