Drilling Returns 9.03 Grams Per Tonne Gold Over 25.8 Metres

Drilling Returns 9.03 Grams Per Tonne Gold Over 25.8 Metres  

VANCOUVER, BC – Fronteer Development Group Inc. reported that new drill results have both strengthened and extended high-grade, oxide gold mineralization at its 51%-owned and operated Long Canyon project in Nevada. Drilling that tested a 150-metre long gap between mineralized holes in the West Zone returned: – 9.03 grams per tonne gold (0.264 ounces per ton) over 25.8 metres, including 14.44 g/t (0.422 oz/ton) over 6.9 metres, in hole LC173C. Drill highlights from several step-out holes extending the Northeast and Shadow Zones include: – 5.45 g/t (0.159 oz/ton) over 7.6 metres, including 9.36 g/t (0.273 oz/ton) over 3.0 metres, in LC172; – 4.34 g/t gold (0.127 oz/ton) over 16.8 metres, including 6.63 g/t (0.194 oz/ton) over 6.1 metres, in LC130C; – 1.18 g/t (0.035 oz/ton) over 27.5 metres in LC158. With drilling consistently intersecting near-surface, high-grade oxide gold mineralization, Long Canyon is developing into a high-quality gold deposit. Mineralization has been intersected over a 1.7 kilometre (1.1 mile) long strike length and across multiple zones that are collectively up to 400 metres in width. Mineralization remains open in all directions – including at depth. Approximately 24,700 metres in 164 holes have been drilled in 2008, with assays from approximately 50 holes still pending.