Drilling Highlights Large High-Grade Zone

 

VANCOUVER, BC - Fronteer Development Group Inc. reported that a recently completed drill program designed to test a new target concept at Northumberland in Nevada has highlighted a large high-grade gold zone within 150 metres of surface.

Six reverse-circulation drill holes have confirmed and upgraded a continuous zone of exceptional gold mineralization that is at least 225 metres long, up to 60 metres wide and 30 metres thick. This zone remains open to the northwest and is now thought to be one of multiple parallel high-grade zones that characterize the western half of the deposit area.

The drill results are part of an ongoing comprehensive program that will allow Fronteer to select the most viable, near-term development approach for the project.

Drill highlights from the high-grade zone, using a cut-off of 3.0 grams per tonne gold (0.087 ounces per ton), include:

12.37 g/t (0.361 oz/ton) over 12.9 metres (40 feet), as part of a broader zone of 9.52 grams per tonne gold (0.278 ounces per ton) over 18.29 metres (60 feet) in FNU30;

9.92 g/t (0.289 oz/ton) over 7.62 metres (25 feet), as part of a broader zone of 6.56 g/t gold over 21.34 metres (70 feet), in FNU29; and,

14.65 g/t (0.427 oz/ton) over 1.52 metres (5 feet), as part of a broader zone of 5.67 g/t gold over 19.81 metres (65 feet), in FNU33.

Northumberland is an archetypal Carlin-style deposit that has long been recognized as having the potential for a significant component of high-grade mineralization. However, aside from the rich silver veins mined from this deposit in the late 1800s, the majority of exploration to date has focused on the near-surface oxide and mixed oxide/sulfide mineralization. As such, large areas, like the one tested with this drill program are still underrepresented in the deposit.

The companys address is Suite 1650, 1055 West Hastings, Vancouver, BC V6E 2E9, 604.632.4677, fax 604.632.4678, email: [email protected].