Canadian Mining Journal

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GOLD EXPLORATION: New zone discovered at Agi Dagi in Turkey

TURKEY — Regional drilling conducted by Fronteer Development Group of Vancouver has intersected a large gold ...


TURKEY — Regional drilling conducted by Fronteer Development Group of Vancouver has intersected a large gold zone outside the area of current resources at its Agi Dagi project on the Biga Peninsula in the northwest part of the country. The project is a joint venture of Fronteer (60%) and a subsidiary of Teck Cominco (40%).

 

The new zone consists of oxide gold mineralization measuring 1,500 metres long and up to 400 metres wide near the surface approximately 3 km southeast of the defined resource.

 

Drill highlights include:

 

?         70.4 metres of 0.92 g/t Au, including 11.7 metres of 2.44 g/t, in hole CYD-04

?         18.0 metres of 1.96 g/t, including 6.0 metres of 3.60 g/t, and 19.5 metres of 1.10 g/t, including 7.0 metres of 2.00 g/t, in hole CYD-03

?         16.8 metres of 0.99 g/t, including 4.5 metres of 1.59 g/t in CYD-02

?         18.4 metres of 0.93 g/t, including 9.8 metres of 1.24 g/t in CYD-01

 

In addition, surface rock channel sampling within this zone returned 81.0 metres of 1.34 g/t Au.

 

The 43-101-compliant Agi Dagi resource, as reported by Fronteer in 2007, estimated the property contains 1.33 million oz AuEq in the measured and indicted category plus 756,00 oz in the inferred category. Additional information and news about the project is posted at www.FronteerGroup.com.


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