Fronteer Development Group Inc. announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $11,889,000 or $0.09 per diluted share, net cash invested in mineral properties, net of recoveries of $5,914,000 against net loss of $5,086,000 or $0.06 per diluted share, net cash invested in mineral properties, net of recoveries of $5,317,000 a year ago. For the nine months, the company reported net income of $7,923,000 or $0.07 per diluted share, net cash invested in mineral properties, net of recoveries of $10,942,000 against net loss of $12,670,000 or $0.15 per diluted share, net cash invested in mineral properties, net of recoveries of $11,078,000 a year ago.

Fronteer Development Group Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported loss from operations of CAD 8,080,000, income before income taxes of $10,829,000, cash used in operating activities of $882,000 and purchase of property & equipment of $2,291,000 compared to loss from operations of CAD 4,455,000, loss before income taxes of $5,617,000, cash used in operating activities of $624,000 and purchase of property & equipment of $226,000 for the same period a year ago. For the nine months, the company reported loss from operations of CAD 19,772,000, income before income taxes of $3,576,000, cash used in operating activities of $8,872,000 and purchase of property & equipment of $2,733,000 compared to loss from operations of CAD 14,011,000, loss before income taxes of $13,786,000, cash used in operating activities of $3,861,000 and purchase of property & equipment of $912,000 for the same period a year ago.

Fronteer Development Group Inc. expected to Report Fiscal Year 2009 Results on March 29, 2010. This event was calculated by Capital IQ (Created on November 16, 2009).