Fronteer Gold Inc.
OTC Bulletin Board : FTDGF

Fronteer Gold Inc.

May 24, 2005 10:13 ET

Fronteer Looks North and Extends Kirazli Gold Zone

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 24, 2005) - Fronteer (TSX:FRG)(OTCBB:FTDGF)(FWB:FRR) is pleased to announce that ongoing diamond drilling continues to extend the current resource area at the Kirazli Gold Project in western Turkey. New 30-metre step out holes located to the north of the gold zone, intersected significant widths and grades including intervals of:

- 2.86 g/t gold over 47.0 metres in hole KD-13 and 2.34 g/t gold over 68.5 metres in hole KD-15.

These results indicate that economically significant gold mineralization extends in a northerly direction into untested areas, expanding the resource potential of the project.

The high grade zone remains open along the mineralized trend to the north and the south.

Results from two other 30-metre step out holes just completed within the resource area, returned intervals of

- 0.48 g/t gold over 15.5 metres in hole KD-17 and 0.55 g/t gold over 8.9 metres in hole KD-11.

Fronteer's interpretation to date indicates that gold mineralization at Kirazli is horizontal, with drill intervals reported herein representing near true widths. Based on widely spaced drilling to date, the footprint of this target area appears to be up to 700 metres long and up to 300 metres wide.

Please see the table below for detailed results. For a map of the drill hole locations please use the following URL:

Kirazli Drill Holes - High Grade Zone
Hole ID From (m) To (m) Interval (m) Au (g/t)

KD-13 53.0 100.0 47.0 2.86
Inc. 54.0 64.1 10.1 10.48
Inc. 54.0 55.8 1.8 17.28

KD-15 31.5 100.0 68.5 2.34
Inc. 39.0 48.0 9.0 9.10
Inc. 40.0 44.5 4.5 12.05

KD-11 61.5 70.4 8.9 0.55

KD-17 77.4 92.9 15.5 0.48
Inc. 86.9 90.1 3.2 0.95

A second drill has been testing additional target areas to the southeast and northwest of the current resource area. Hole KD-10 returned 9.8 metres of 0.31 g/t gold while Hole KD-12 and KD-14 returned no significant values.

An ongoing 6,000 metre drill program will continue to focus on expanding this current resource area and testing new target areas on the property.

The Kirazli Property is one of two large gold properties in western Turkey that are under option to Fronteer from Teck Cominco Limited. The second property Agi Dagi, is currently being advanced through an 8,000 metre drilling program.

The Company also has three exploration crews working in Chiapas, Mexico advancing twelve, 100% Fronteer owned gold projects.

In addition, Fronteer has an outstanding uranium portfolio in Labrador, with both historical resources and a series of untested near surface bulk tonnage targets. An exploration program is scheduled to commence in Labrador in June.

Assay results have been prepared under the guidance of Mr. Ian Cunningham-Dunlop P.Geo, who is designated as a Qualified Person with the ability and authority to verify the authenticity of and validity of this data. All samples were analyzed by ALS Chemex, North Vancouver, BC, using ICP-AES and fire assay.

This News Release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve that involve various degrees of risk. The following are important factors that could cause Fronteer's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.

Contact Information

  • Fronteer Development Group Inc.
    Mark O'Dea
    President & CEO
    (604) 632-4677
    Fronteer Development Group Inc.
    Rick Valenta
    VP Exploration & COO
    (604) 632-4677
    Fronteer Development Group Inc.
    Dan McIntyre
    Corporate Communications
    (604) 632-4677