(TheNewswire)
Toronto, Ontario – TheNewswire - November 3, 2022 –Frontline Gold Corporation (TSXV:FGC) (“Frontline” or the“Company”) is pleased to announce that soilsampling results have been received from the 2022 field program on its Epworth Property(‘the Property’), Nunavut ( see property location map at www.frontlinegold.com/epworth ). Humus (A horizon) and B horizon /clay samples were collected across the ‘Metallic Trend’ discoveredin 2021, as well as the strike extension of the Trend to the north andsouth. The Metallic Trend consists of locally high-grade Cu-Zn-Pb-Agmineralization and strongly anomalous Au & Co mineralization overa strike length of 1.1 km (see Project Background below).
The soil sampling survey consisted of seveneast-northeast-west-southwest lines over a distance of 2.8 km, withlines ranging in length from 75 to 150 meters and sample stationspacing at 12.5 m. Either a humus sample or B horizon / clay samplewere collected at each station. The latter were frequently collectedin frost boils. The best results were obtained from frost boils whichturned up mineralized rock (sampled in 2021, see Project Backgroundbelow). Humus samples returned strongly anomalous results adjacent tothese frost boils but also in low, marshy ground.
Top results for B horizon / clay samples are asfollows:
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2970 ppm Cu (TD-ICP*)
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2710 ppm Zn (TD-ICP)
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2010 ppm Pb (TD-ICP)
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127 ppm Co (TD-ICP)
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8.6 ppm Ag (TD-ICP)
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99 ppb Au (FA-AA**)
Top results for Humus (A horizon) samples are asfollows:
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542 ppm Cu (TD-ICP)
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960 / 848 ppm Zn (INAA*** /TD-ICP)
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101 ppm Pb (TD-ICP)
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54 / 32 ppm Co (INAA / TD-ICP)
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2 / 0.4 ppm Ag (INAA / TD-ICP)
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4 ppb Au (INAA)
*TD-ICP stands for ‘Total Digestion – InductivelyCoupled Plasma’, an analytical method used by ActivationLaboratories.
**FA-AA stands for ‘Fire Assay – AtomicAbsorption’, an analytical method used by ActivationLaboratories.
***INAA stands for ‘Instrumental Neutron ActivationAnalysis’, an analytical method used by Activation Laboratories.
The highest-value soil anomalies were obtained alongthe 1.1 km high-grade trend identified in 2021, but weaker anomalieswere obtained to the north and south, suggesting that the trendcontinues (to possibly 2.8 km long and still open along strike). Depthof overburden may play a role in the weaker values on some lines,though mineralization may also not be as intense in these locations.Anomalies were frequently obtained at multiple stations on individuallines, suggesting wide mineralized zones orparallel horizons. See Figure 1 for thelocations of soil lines relative to the 2021 Metallic Trend andsummarized results. Individual thematic maps for each element ofinterest will be available shortly at www.frontlinegold.com/epworth and www.emeraldgeologicalservices.com/maps .
Final results for rock-grab samples collected duringthe program are pending and will be reported once received.
The Metallic Trend follows the contact zone betweenUpper Odjick Formation red shales and Lower Rocknest Formationdolomites, often forming a valley which can be up to 100 meters wide.Mineralization occurs within grey (reduced) Rocknest dolomite flankedby red (oxidized) dolomite. Redox boundaries are thought to be acrucial control on mineralization. Data collected during the 2022program suggest that there are at least two parallel reduced,mineralized horizons along the Trend. Multi-station geochemicalanomalies appear to support this. Where exposed on surface, themineralized horizons are up to 12 meters wide and host sulphide-richquartz-carbonate veins up to 0.4 meters wide. Alternatively, these‘parallel horizons’ may be explained by repetition of a singlehorizon by folding or structural duplication by thrust faulting.Larger-scale folding and / or thrusting likely explains the paralleltrends that exist to the west and east of the Metallic Trend (e.g. thePayback Trend, see Project Background below). Future diamond drillingprograms should help establish the geometries of these zones and theirvertical extent.
Project Background:
The Epworth Project is located 85km south of thevillage of Kugluktuk (Coppermine), containing three main previouslyknown areas of high-grade polymetallic mineralization from 1-25m wideoccurring for more than 15km along strike (Payback South, PaybackNorth and Metallic Showings, Figure 3). Historical surface grabsamples have reported spectacular high-grade mineralizationincluding:
- 61.2% Cu & 5600 gpt Ag (Payback Showings)
- 19.22% Zn with 810gpt Ag , 3% Cu & 1.86 gpt Au (Metallic Showing)
The Metallic trend was identified in 2021 whileinvestigating the historical Metallic Showing (formerly named ‘DeadShowing’) in the northern part of the property, consisting ofdolomite with sulphide-rich quartz-carbonate veining in outcrop.Mineralized angular float boulders, subcrop (felsenmeer, frost boilrings) and outcrop were found to extend much further to the south thanpreviously identified, along a well-definednorth-northwest-south-southeast-trending corridor (see Figure 2).
Samples along the Metallic Trend returned stronglyanomalous to high-grade Cu-Zn-Pb as well as consistently anomalous Au,locally high-grade Ag and anomalous Co with values up to:
- 37.8%Cu (with 184 ppb Au , 2970 ppm Zn , 449 ppm Pb , 356 ppmCo & 45 ppm Ag ).
- 3.01 gptAu (with 7860 ppm Cu & 579 ppm Co ).
- 19.3%Zn , 10%Pb & 1130 ppm Ag (with 1.85 gpt Au , 3.01% Cu & 1010 ppmCo ).
- 1700 ppmCo (with 201 ppb Au , 6090 ppm Cu , 8.93% Zn , 1.78%Pb & 154 ppm Ag ).
Figure 1: 2022 soil sampling on the EpworthProject
Figure 2: 2021 sampling locations of the high-gradepolymetallic mineralization at the Epworth Project.
Figure 3: Historical sampling locations of thehigh-grade polymetallic mineralization at the Epworth Project.
Property Geology:
The Epworth Project is part of abroad platform-type clastic-carbonate sequence belonging to the earlyProterozoic Coronation Supergroup that extends from the north shore ofTakijuq Lake to the Coronation Gulf for over 130 km. Polymetallicsulphide mineralization occurs as disseminations in the matrix of coarse clastic quartzites or as concordantzones of cherty replacements and veins within permeable dolomite (Reesand Petrie, 1995). The stratigraphy, diagenetic evolution andrift-related tectonic setting of the Coronation Supergroup comparefavourably to the African Copperbelt where large (>100mt)high-grade (3-4% Cu) sediment-hosted stratiform Cu-Co-Ag deposits arefrequent, and to stratabound Mississippi Valley Type (MVT)sediment-hosted Pb-Zn deposits worldwide. The gold-rich nature of thesystem further increases the economic potential of this area.
The Epworth Project was explored by Noranda Mining andExploration and Rhonda Mining Corporation in the mid-1990’s. Surfacesampling and one drill hole in the Payback South showing confirmed thehigh-grade nature of the polymetallic stratiform mineralization. Twoholes were drilled at the Payback North showing where hole 95-1intersected 8.3m of 0.303%Cu at shallow depths with subordinatesphalerite-galena mineralization. Noranda concluded that the 1995drilling may have intersected the leading edge of a mineralizingsystem, however never returned for follow-up drilling.
Frontline can acquire an 80% interest in the 440 miningcell-units from the vendor with the issuance of 1 million commonshares of FGC over 3-years and total exploration expenditures of $2million over 4-years. The vendor retains a 2% NSR with a 1% buybackfor $1 million.
Commentary
Frontline’s President and CEO, Mr. Walter Henry,said, “Frontline is veryexcited with the anomalous soil sampling results returned from the2022 program, confirming the robust nature of the system andpotentially more than doubling the length of the Metallic Trend. TheProperty is hosted within a recognized large aerial sediment-hostedstratiform copper belt that has seen little systematic explorationover the last 25 years utilizing modern day exploration models. Welook forward to planning an initial diamond drilling program to testthe rock and soil anomalies obtained on surface in the 2021 and 2022field programs.”
Dr. Daniel Rubiolo, P. Geo, an independentqualified person as defined in NationalInstrument 43-101, has reviewed and approved the technical contents ofthis news release on behalf of the Company. The QP and the Company hasnot completed sufficient work to verify the historic information onthe property comprising the Epworth Project, particularly regardinghistorical exploration, neighbouring companies, and governmentgeological work. Grab samples are selectedsamples and not necessarily representative of the mineralizationhosted on the property.
About Frontline GoldCorporation
Frontline is a Canadian junior mineral explorationcompany. The Company's core properties include the Crooked Pine GoldProject (Ontario), Copperlode Project (Ontario), the Flint Lake andKakagi Lake Gold Project (Ontario), and the Route 109 Gold Project andthe NE Bachelor Lake Gold Project which are both in the Abitibi Regionof Quebec, and the Menderes gold project in the Izmir province ofWestern Turkey. Other Canadian exploration properties include othergold property groups in Ontario and include the Whitehorse IslandMining Patents.
Frontline continues to actively seek projects, andadditional investor/partner(s) in order to continue to build upon itsproperties and net smelter return royalties.
Further information about the Company is available onthe Company’s website, www.frontlinegold.com , or oursocial 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.
“Walter Henry” Walter Henry, President & CEO FRONTLINE GOLD CORP. | Contact: Walter Henry Phone: (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 |
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