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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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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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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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