MM I dont think I am shooting high. Here is one of the reports back at the start in 2009 with assays of 303g/t
Frontier Resources Ltd is very pleased to announce that the very high-grade gold and excellent overall mineral prospectivity of the Bulago EL in Papua New Guinea have been further enhanced, with high-grade gold outcrop channel sample assays returned from each prospect. The last remaining rock assay results from the EL1595 exploration program that was conducted in late 2009 are highlighted below.
Suguma Prospect – Central Creek Area Highlights ¾ Continuous chip outcrop channel sample assays from the Upper Central Creek Zone included 12 metres grading 138 g/t gold + 49 g/t silver, within an interval of 27 metres grading 66.8 g/t gold + 25 g/t silver (see table 1 below for individual 3 metre assays). ¾ Peak assay results in that interval included 3 metres grading 303 g/t gold, 125 g/t silver and 8.89% zinc. ¾ Two discrete high-grade gold horizons were located in outcrop within the Central Creek Zone. The ‘Upper Zone’ of high-grade gold mineralisation (noted above) has its ‘width’ open to the north, with the final 3 metre channel sample grading 161 g/t gold + 47 g/t silver. Its strike extent appears to be >160 metres to the east (past East Creek). ¾ The grade of a composite channel sample from the ‘Lower Zone’ was inadvertently and incorrectly reported to the ASX on 1/3/2010 as being 15 metres grading 13.08 g/t gold (due to an averaging error). This interval is actually 3 metres longer and 3 times higher in grade being 18 metres grading 40.3 g/t gold. See table 2 for the individual assay results. ¾ These horizons were both sampled basically north–south (up the creek) and are separated horizontally by 50 metres. ¾ The outcrop continuous chip samples were collected where possible by their exposure and orientation and do not necessarily represent true widths of mineralisation. Bulalo (Au- K1) Prospect Highlights ¾ High–grade silver mineralisation was noted in a 1.5m wide quartz sulphide vein outcrop. Two grab samples over the interval assayed 7.04 g/t gold + 3,150 g/t silver + 2.61% copper + 3.44% zinc and 4.14 g/t gold + 1,960 g/t silver + 1.73% copper + 2.89% zinc, respectively. Funutu Prospect Highlights ¾ Intrusive outcrop grab rock samples assayed 8.33 g/t gold + 44 g/t silver and 3.30 g/t gold + 25 g/t silver. ¾ Semi massive sulphide outcrop rock samples assayed to 0.3 metre of 2.85 g/t gold + 230 g/t silver + 1.0% copper + 8.29 % zinc + 6.64 % lead. ¾ Skarn float assayed to 16.9% zinc + 20 g/t silver and outcrop assayed to 5m of 0.18% copper + 0.1 g/t gold in several samples. Page 2 of 5 There were several additional rock samples with interesting gold and/or silver and/or copper and/or zinc assays, including gold to 4.27 g/t + 0.13% copper
FNT Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held