Frontier Mining announces positive results of updated JORC resource estimate

Frontier Mining announces positive results of updated JORC resource estimate

Frontier Mining Ltd, the AIM listed gold and copper exploration and development company focused on Kazakhstan, is pleased to announce the completion by independent consultant Wardell Armstrong International of its updated resource estimation, in accordance with the guidelines of the JORC Code 2004, on the Benkala copper deposit in Kazakhsta. Please see attached for the full announcement.
 
Highlights:

  • Oxide resource increased by a total of 9.72 Kt (+5.9%) of Copper
  • Sulphide resource increased by a total of 65.54kt (+9.2%) of Copper
  • Significantly more resource in the measured category for both ore types
  • Increase in average Oxide grade percentage
  • Inferred resource increased by 42.8kt of Copper (+7.6%)

 
Frontier had previously released an interim JORC statement on December 1, 2010. This latest statement incorporates all verified drilling data to date and the full updated report will soon be made available on Frontier’s website (www.frontiermining.com).
 
Mr. W Durand Eppler, Director of Frontier commented: "As a board we are very pleased that WAI has now completed this comprehensive review of prior work on the deposit to certify the Benkala resource in accordance with JORC standards. In particular, we note that both tonnage and grade have improved for the oxide resource from earlier work. The updated JORC resource statement now consolidates all drilling information and will set the basis for further infill and exploration drilling in both the oxide and sulphide zones and will provide the basis for reserve reporting and pit optimisation to support operations. This marks an important stage in Frontier's development at Benkala, confirming the project's significant resource endowment and our commitment to the highest technical standards."

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