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Market: TSX, NYSE
Sector: General Mining
Epic: TSX:FRG
News: Latest news
Web Site: Fronteer Development Corp
Other Articles: 01-10-200922-07-200916-07-2009

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Monday March 15, 11:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

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Sunday March 14, 05:46China's growth boosting commodity prices

With chunky economic numbers from China boosting commodity prices we take a brief look at the country's position in different market places - while noting also that hopes for a recovery in global trade appear to be borne out by freight rates.

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Fronteer Development Corp

Fronteer Development Corp

Fronteer has interests in several major gold and copper-gold projects throughout Nevada, USA and northwest Turkey. The Company's key projects include a 100% interest in the Northumberland Gold deposits in Nevada; a 51% interest in Long Canyon, a  gold discovery in Eastern Great Basin, and Sandman, a property in which Newmont Mining has the option to acquire up to a 60% interest by advancing the project to a production decision by 2011.

In Turkey, as part of a joint venture with Teck Cominco, Fronteer has a 40% interest in a new mineral district that includes two gold deposits and a third copper-gold porphyry deposit.

Wednesday, July 22, 2009

Fronteer Development options into Redstar’s Carlin trend property in Nevada

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Redstar Gold Corp (TSX-V) said it signed a deal with Fronteer Development Group Ltd (TSX: FRG) under which Fronteer can earn a 70 percent interest in the Richmond Summit project of the Carlin trend property in Nevada currently held 100 percent by Redstar.

The Richmond Summit project covers 2 square miles within the central Carlin trend, 4 miles northwest of the Mike copper-gold deposit within the Gold Quarry (Maggie Creek) district and 5 miles south of the Carlin gold mine, both operated by Newmont Mining Corp (NYSE: NEM).

Under the terms of the agreement, Fronteer can earn the 70 percent interest in the project by completing US$$3.25 million in work expenditures and paying US$$250,000 in cash over four years. Fronteer will act as operator and will commit US$500,000 in work expenditures in the first year.

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