Firm’s share double after findings

Business

SHARES in Frontier Resources doubled yesterday after impressive results from a sampling and mapping programme at its Tolukuma gold project, according to The Market Herald.
It reported that the explorer collected 102 soil samples, 102 rock chip samples, and 205 chip-channel trench samples from the Kimono and Kimono South prospects of its Tolukuma gold project as part of the sampling programme.
The programme was to test the continuity and strike extensions of veins and confirm historical assay results from drilling in the area.
Frontier said the best assays from the rock chip samples came from the Kimono vein and returned results of up to 101 grams per tonne of gold.
Other impressive results included 80.9 grams per tonne of gold, 52.7 grams of gold per tonne and 22.2 grams of gold per tonne.
Frontier said these results suggested that the tested area was a high-grade segment of the Kimono vein.
Samples from other areas also showed mineralisation for gold, silver as electrum, pyrite, stibnite, and more.
Frontier said the Tassy vein was likely to extend a kilometre in strike length.

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