The project comprising 2,500a stretch within the Long Canyon trend running directly adjacent to the Angel Wing claims in the Long Canyon trend is being developed by Newmont, Miranda Gold Corporation and Timberline Resources.
The miner also announced that it is seeking a partner for the project.
Fronteer Gold’s exploration claims rich resources of about 2 million ounces of gold in its Long Canyon properties along with structural model of gold resources triggered acquisitions in the region with Newmont Mining Corporation acquiring Fronteer Gold for $2.3bn.