Fronteer released results from the ongoing exploration of the Sandman project in Nevada, with the headline number a real eyecatcher:
Sandman Delivers More High-Grade Gold to Fronteer's Nevada Platform With 90.28 G/T Gold Over 3.47 Metre
-- 90.28 grams per tonne gold (2.633 ounces per ton) and 126.54 g/t silver
(3.691 oz/ton) over 3.47 metres in NSM-142;
-- 86.91 g/t gold (2.535 oz/ton) over 1.19 metres and 13.15 g/t gold (0.384
oz/ton) over 7.16 metres in NSM-141;
-- 20.03 g/t gold (0.584 oz/ton) over 2.99 metres in NSM-126;
-- 22.37 g/t gold (0.652 oz/ton) over 3.47 metres in NSM-123.-- 52.45 g/t gold (1.53 oz/ton) over 1.01 metres, in NSM-147;
-- 9.23 g/t gold (0.269 oz/ton) over 1.22 metres in NSM-146.
Mmmmmmm....tasty. So did the market like the news?
Sure did, that late day sell-off Friday is now ancient history and the stock has gapped up in style on good volumes this morning. Along with its Long Canyon JV (with XAU.to), Fronteer has nailed some excellent gold prospects in the Nevada region and this stock, a mainstay component of The IKN Weekly Stocks to Follow list, is a nigh-on double for subscribers. Thanks due to Gary BiiWii for giving me the headsup on this quality junior around this time last year.
I love that line the Chordettes sing about Liberace, by the way. Beats the Metallica song hands down.
I love that line the Chordettes sing about Liberace, by the way. Beats the Metallica song hands down.