NEWS RELEASE
FRONTLINE GOLD CORP.
Frontline Gold Stewart Property Payments
HALIFAX, NOVA SCOTIA - (Marketwire � December 15, 2010) �Walter Henry, President and CEO of Frontline Gold Corporation ("Frontline")(TSX Venture: FGC) announces that subject to TSX Venture approval Frontline will make a $7,500 payment due on the Stewart Property by the issuance of 42,857 common shares from treasury at today�s closing price of $0.175 per share. The shares will be issued to Ralph R. Weekes (17,143 shares), John L. Tranter ( 12,857 shares) and James R. Cameron (12,857 shares). A concurrent share payment of 25,000 shares is being made to Kelly B. Funk c/o 802213 Alberta Ltd.
Frontline holds options on two land packages, the Stewart Property (76 mineral claims aggregating approximately 29,280 hectares or 292 square kilometres) and the Poly Property (12 mineral tenures aggregating approximately 3,281hectares) in the Stewart Gold Camp region. The Stewart Gold Camp in north western British Columbia is an emerging, world class mining district that offers discovery opportunities for major gold-copper and precious metal polymetallic deposits.
Frontline is a gold-focused exploration company with an experienced management group, a solid exploration team and a portfolio of gold exploration projects offering investors exposure to a promising suite of gold exploration properties.
Please visit our website at www.frontlinegold.com for the most recent presentation.
On Behalf of the Board
Walter Henry
President & CEO
Frontline Gold Corporation
1550 Bedford Highway Suite 802, Sun Tower
Bedford, NS B4A 1E6
Tel.: (902) 832-5555 Fax: (902) 832-2223
info@frontlinegold.com
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Frontline Gold Corp.
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EXPLORATION STAGE |
CODE : FGC.V |
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Frontline Gold is a gold exploration company based in Canada. Frontline Gold holds various exploration projects in Mali and in Turkey. Its main exploration properties are JUBILEE in Canada, NIAOULENI in Mali and MENDERES in Turkey. |