EXPLORATION & DEVELOPMENT

Frontier soars on PNG rock chip grades

PAPUA New Guinea-focused tiddler Frontier Resources caught the eye of the market today, with its shares doubling to levels not seen since 2017, off identification of bonanza gold grades near the Tolukuma mine, north of Port Moresby. 

 A rock float sample from Kimono

A rock float sample from Kimono

Frontier's shares surged 100% in early trade to hit a peak A3.5c, with a massive spike in volume, after the company said work at the Kimono Central vein demonstrated high‐grade shallow gold, with rock...

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