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Last C$0.0050 CAD
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FGC On Other Exchanges
As of 10:35 AM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

frontline gold corp (FGC) Snapshot

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frontline gold corp (FGC) Details

Frontline Gold Corporation, a junior mineral exploration company, engages in acquiring, exploring, and evaluating natural resource properties in Canada, Mali, and Turkey. It explores for gold, copper, and poly metallic deposits. The company’s principal properties include the Niaouleni gold project located in South Mali, Africa; the Menderes gold project in Turkey; and the Poly and Stewart properties in British Columbia, Canada. It has a strategic alliance with Geofine Exploration Consultants Ltd. The company was formerly known as Chrysos Capital Corporation and changed its name to Frontline Gold Corporation in March 2010. Frontline Gold Corporation is headquartered in Toronto, Canada.

frontline gold corp (FGC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$100.0K
Chief Financial Officer, Director and Member ...
Total Annual Compensation: C$22.0K
Compensation as of Fiscal Year 2013.

frontline gold corp (FGC) Key Developments

Frontline Gold Corporation Provides Update on its Menderes Gold Project

Frontline Gold Corporation provided an update on its developments at it Menderes Gold Project. Menderes is located in Izmir province, western Turkey, and the property, located only 20 km from the provincial capital of Izmir, consists of 62 km2 in a high potential epithermal gold environment. Frontline has completed all the requirements under the operating licenses with the MIGEM (Turkish Republic Ministry of Energy and Natural Resources) for Menderes. The license application covers three of the four permits that comprise the Company's Menderes project. The license application, which was based on a detailed description of the Menderes project and the work completed on the project since first quarter of 2011 was submitted to the Turkish Mining Bureau. The operating licenses approval and issuance, is condition on the review of the license application by MIGEM and the payment of required regulatory fees. Frontline is hopeful that the operating licenses will be issued by the end of fourth quarter of 2015. The operating licenses will allow Frontline to hold the permits for a further 10 years and continue its exploration at Menderes. Several high priority drill targets exist on the Menderes project and the Company is currently permitted to drill 21 holes at the property. The soil and geochemical sampling program will consist of 1,089 soils samples with each sample spaced 40m horizontally and 100m vertically between samples. To date over 250 soil samples and 25 rock samples have been collected. In addition, a number of new silicified zones and epithermal vein systems have been discovered. The zones and vein systems are NW-SE trending, similar to what was previously identified at the Menderes project. Prospecting and mapping is ongoing and a soil anomaly contour map will be completed when all assays results have been received, which is expected by fourth quarter of 2015.

Frontline Gold Corporation Auditor Raises 'Going Concern' Doubt

Frontline Gold Corporation filed its Annual on May 08, 2015 for the period ending Dec 31, 2014. In this report its auditor, Morgan & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Frontline Gold Discusses Potential Menderes JV Or Sale

Frontline Gold Corporation (TSXV:FGC) announces renewed interest and discussions regarding Menderes gold project, located in western Turkey. Frontline Gold is in discussions with several interested parties to monetize its interest in the Menderes gold project. These discussions include the consideration of a joint venture arrangement, the sale of part or all of the property, or further exploration subject to financing. Menderes project consists of 62 square km in a high-potential epithermal gold environment. The primary objective of these discussions is to explore strategic objectives for further advancement of the project. While terms and structure of a deal have yet to been agreed upon, Frontline believes the prospect of moving this project forward is a positive development for the company. At present time, there can be no assurance that any transaction will arise or will be completed. "We believe the opportunity to establish a deal on the Menderes project is an excellent strategy to continue to advance the near-term prospects of this project, which continues to have excellent exploration potential as demonstrated by Eldorado's recent announcements of its successful exploration drilling at its Efemcukuru gold mine, adjacent to the Menderes property," said President and Chief Executive Officer Walter Henry, "Our technical team continues to believe that the exploration drilling completed to date by Eldorado on its Kokarpinar vein structure, immediately to the west of our property, indicates the potential of the Frontline's Menderes project to host a significant epithermal gold environment."


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