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Friday, September 3, 2010

Teck (NYSE:TCK), Fronteer (Amex:FRG) Launch 'TV Tower Gold Project'

Teck Resources' (NYSE:TCK) Turkish subsidiary, TMST, which is 60 percent joint venture partner and project operator in with Fronteer Gold (Amex:FRG), has begun a 5,000 meter drill program on the TV Tower Gold Project in Turkey.

The property entails 65 kilometers2 and can be accessed by road.

Fronteer Gold said there is a strong possibility that multiple gold deposits are located within the project.

Highlights from rock-saw channel sampling from four different target areas include:

1.1 grams per ton gold over 113 metres

0.7 g/t gold over 63 metres

0.3 g/t gold over 26.5 metres

0.4 g/t gold over 20 metres with individual grab samples as high as 50.0 g/t gold

Fronteer added in a press release:

"A CDN$1.3 million program, funded 60%/40% by TMST and Fronteer Gold, is planned for 2010 with a focus on initiating Phase 1 drilling on two high-sulphidation gold targets. The program will include an additional 30 line kilometres of IP/Resistivity surveys, and 5,000 meters of drilling with two diamond-core rigs."

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