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FRG reports new gold strike; hits 52-week high

Fronteer Gold Inc. (T.FRG) hit a new 52-week high of $7.22; Fronteer Gold announces that drilling has extended gold mineralization 100 metres to the northeast and intersected a new mineralized zone at Long Canyon, one of the company's key development projects in Nevada. The results are the first from the current $19.8-million development and exploration program at Long Canyon, where five drill rigs are currently turning on the property.

New drilling in the vicinity of last year's most northerly step-out holes has returned the following broad intervals of high-grade oxide gold: 16.4 grams per tonne gold (0.479 ounces per ton) over 21.2 metres, including 39.2 g/t (1.146 oz/ton) over 5.8 metres in LC435C.; 6.47 g/t (0.189 oz/ton) over 22.3 metres, including 15.39 g/t (0.449 oz/ton) over 4.9 metres in LC450C; 3.79 g/t (0.111 oz/ton) over 46.6 metres in LC453C.

Tahoe Resources Inc. (T.THO) hit a new 52-week high of $6.34; no news announcements today

Logibec Groupe Informatique Ltee (T.LGI) hit a new 52-week high of $25.90; no news announcements today

Pacific Northern Gas Ltd. (T.PNG) hit a new 52-week high of $24.80; no news announcements today

Distinction Group Inc. (T.GD) hit a new 52-week high of $2.89; no news announcements today