The Company is focused on discovering copper-gold-molybdenum porphyry, high grade and bulk mineable gold/ silver epithermal and gold + base metal skarn deposits in the highly mineralised Pacific 'Rim of Fire' in Papua New Guinea. The strategy is then to develop, joint venture or sell the deposits/ELs outright, whichever maximises Frontier shareholder value.
Frontier owns 100% of the Bulago (EL 1595) and Muller (EL 2356) Exploration Licences, that have very good exploration results in drill holes and trenches.
Both ELs are in the same geological terrane as existing World Class and/or major mines such as Ok Tedi and Porgera. Harmony Gold's new porphyry copper-gold discovery at Kili Teke is located only 50km to the NE of Bulago.
Drilling will re-commence at Bulago's Swit Kai Prospect in late January 2017 on excellent high-grade gold and porphyry copper-gold targets, after raising capital via a prospectus Rights Issue announced November 29th.
Frontier applied for two Exploration Licences in Milne Bay Province in early November 2016, that are highly prosective for high-grade and bulk mineable epithermal gold deposits. These projects when/if granted, will enable a second major area of operations for the Company in a region where exploration is substantially cheaper due to access costs (no helicopter required).
Please see the ASX Announcements page for all exploration results, plus Quarterly and Annual Reports for summaries of information.
Thank you for your interest in Frontier.