Announcement: "Frontier Resources Ltd is pleased to announce...

Announcement:

"Frontier Resources Ltd is pleased to announce that diamond drill holes ADH 008 and ADH 009 at the Andewa
Project, Papua New Guinea have intersected gold mineralised intrusive and volcanic lithologies from the
surface to the bottom of the holes (at approximately 390m below surface). The gold and copper grades
encountered to date have been modest, but the intercepts and their extensive lengths reflect a very large
and pregnant system with excellent prospectivity.
The last sample in hole ADH 009 assayed 1.0m
of 0.55 g/t gold + 0.11% copper (from 406 to
407m downhole).

Frontier remains convinced that additional
drilling will intersect substantial gold and
copper mineralisation through drilling with
both our large track mounted rigs that are
now onsite.

Peak assays from diamond core drill hole ADH
008 were:
. 1.5m of 4.43 g/t gold (+0.03 % copper + 3
ppm molybdenum)
. 0.20% copper (+ 0.42 g/t gold + 8 ppm
molybdenum)
. 148ppm molybdenum (+ 0.33 g/t gold +
0.11% copper)

Peak assays from diamond core drill hole ADH 009 were:
. 1.0m of 2.0 g/t gold (+ 0.32% copper + 2 ppm molybdenum)
. 0.9m of 0.53% copper (with 0.40 g/ t gold + 102 ppm molybdenum)
. 2.4m of 387 ppm molybdenum (+ 0.11% copper)
. 1.0m of 13.4 g/t silver (+ 1.85 g/t gold + 0.10% copper)"

Still on track to prove up a very large deposit with more and deeper drilling on the way, and a JV..... Pretty good day. Pretty good!