(TheNewswire)
Toronto, Ontario – TheNewswire - March 2 nd , 2023 – Frontline Gold Corporation (TSXV:FGC) (“Frontline” orthe “Company”) announces that following the receipt of 2022 soilsampling results on its Crooked Pine Lake Gold Property (the“Property”) located 35 km east of Atikokan, Ontario, spring and summer prospecting, soil sampling and mechanicalstripping programs are planned. The 2022 soil sampling programtargeted the strike extensions of the historical ‘Trench 1’ and‘South’ Zones, where results of 7.03 gpt and 3.06 gpt Au wereobtained respectively from 2020-2021 field programs (see news releasesdated Feb 11 th , 2021 and July 20 th , 2021). The 2022 program returned an As-Cuanomaly in humus 900 meters west of Trench 1 along the interpreted‘Pothole Lake Deformation Zone’ (PLDZ), see Figure 1, as well asCu anomalies along strike to the east of the South Zone. Arsenic andcopper are pathfinders for Au mineralization on the Property. Spring2023 prospecting and soil sampling will further target the PLDZ.Mechanical stripping later in the summer will re-open Trench 1 andattempt to locate the eastern strike extension of the South Zone, aswell as attempting to reach bedrock at certain 2022 and 2023 soilanomalies if feasible.
The PLDZ is situated in a belt of east-west-trendinggreenstone south of the granitic Marmion Lake Batholith. Shear zoneswithin the belt occur in mafic to intermediate volcanics and containquartz veining in excess of 1 meter, iron carbonate alteration,potassic alteration, and variable contents of pyrite, chalcopyrite andarsenopyrite.
East-west-trending shearing in mafic to intermediatevolcanics is one of two main structural settings for goldmineralization on the property. The second is northeast-trendingfaults or shears interpreted as splays from the Quetico fault. Thenortheast-trending X.656 Shear Zone in the western part of theproperty extends into the granitic Marmion Lake Batholith, where grabsamples up to 19.2 gpt Au were obtained during the summer 2020 fieldprogram (see news release Aug 17, 2020). Similar faults / shear zonesare important hosts for gold mineralization in the Atikokan area, i.e.at the Hammond Reef deposit of Agnico Eagle (see ‘Crooked Pine GoldProject Geological Setting’ below).
Grab samples are selected samples and not necessarilyrepresentative of the mineralization hosted on the property.
Figure1 . 2021-2022 Au-As-Cu soilgeochemistry on Total Magnetic Intensity (TMI) background
(soil anomalies use a threshold of approximately the95 th percentile for each element).
Crooked Pine GoldProject Geological Setting
The Property is located within the Marmion Subprovinceof northwestern Ontario, home to the Agnico Eagle Hammond Reef golddeposit which hosts 4.5M oz. of gold in the Measured and Indicatedcategory. The Hammond Reef gold deposit is located on the Hammond ReefShear Zone, a northeast trending deformation corridor hosted withinthe granitoid suite of the Marmion batholith. Of significance withinthe Marmion batholith are multiple, parallel, northeast-trendinggold-bearing shear zones that contain historic gold mines andoccurrences (Figure 2). These northeast trending shear zones areconsidered splays off of the Quetico Fault, a subprovince boundaryfault separating the Marmion and Quetico subprovinces.
Figure 2. Regional location of the CrookedPine Lake Property.
Commentary
"2022 soil sampling resultsindicate that we are beginning to fill in the gaps between historicalgold occurrences along the 3 km + interpreted Pothole Lake DeformationZone and parallel trends, using geochemical pathfinders. We areoptimistic that targeted prospecting and soil sampling will identifyfurther anomalies, and mechanical stripping will allow for a betterunderstanding of the structure and mineralization on the Property.Having consolidated the historical occurrences through acquisition ofthe five Pothole claims last year allows us to systematically explorethis important structure. The Crooked Pine Lake Project continues tobe a high-quality asset of Frontline”, said Frontline’sPresident and CEO Walter Henry.
John W. Londry, MSc, P. Geo, an independent qualifiedperson as defined in National Instrument 43-101, has reviewed, andapproved the technical contents of this news release on behalf of theCompany.
About Frontline GoldCorporation
Frontline is a Canadian junior mineral explorationcompany. The Company's properties include the optioned gold projectsin 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 GoldProject and the Portage River Gold Project all in the Abitibi Regionof Quebec, the Copperlode Project 60 kms east of the Red Lake and theMenderes gold project in the Izmir province of Western Turkey. OtherCanadian exploration properties include other gold property groups inOntario and include the Whitehorse Island Mining Patents.
Further information about the Company is available onthe Company’s website, www.frontlinegold.com , or our social media sites listed below:
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This news release containsforward-looking statements, which address future events andconditions, which are subject to various risks and uncertainties. TheCompany’s actual results, programs and financial position coulddiffer materially from those anticipated in such forward-lookingstatements as a result of numerous factors, some of which may bebeyond the Company’s control. These factors include: theavailability of funds; the timing and content of work programs;results of exploration activities and development of mineralproperties, the interpretation of drilling results and othergeological data, the uncertainties of resource and reserveestimations, receipt and security of mineral property titles; projectcost overruns or unanticipated costs and expenses, fluctuations inmetal prices; currency fluctuations; and general market and industryconditions.
Forward-looking statements are based on the expectations and opinionsof the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, althoughconsidered reasonable at the time of preparation, may prove to beimprecise and, as such, undue reliance should not be placed onforward-looking statements.
“WalterHenry” | 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 |
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