Tuesday, April 6, 2010

Tech Resources (TSE:TCK-B), Fronteer Development (TSE:FRG) Drilling in Turkey

Tech Resources and Fronteer Development Joint Venture

Tech Resources (TSE:TCK-B) and Fronteer Development (TSE:FRG) say they are planning to begin drilling in Turkey at the Halilaga project in Turkey, a joint venture between the two companies, with Tech Resources represented by their subsidiary "TMST."

Halilaga includes deposits of gold and copper at the site, and the companies are committing $2.7 million for the drilling program.

Teck Resources is overseeing the project, as they have a stake of 60 percent in the venture.

Drilling is planned to start in June, with an estimate for the first-round resource scheduled near the end of 2010.

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