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Cours Or & Argent

VanEck Vectors Global Alternative Energy ETF

Publié le 03 décembre 2007

Perama Gold Project

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Frontier Pacific: The Greek Government officially expresses its intention to grant approval of the Environmental Impact Study for the Perama Gold Project

Vancouver, British Columbia - December 3, 2007 - The Greek Ministry of Environment, Land Planning and Public Works, informed the Parliament of Greece, that the review of the Environmental Impact Study (�EIS�), along with all the additional data and special studies, had been completed for the construction, operation and rehabilitation of the Perama Gold Project of Thracean Gold Mines SA., the Greek operating subsidiary of Frontier Pacific Mining Corporation (TSX-V:FRP). The Ministerial review of the EIS included opinions from the other members of the governing ministerial council as well as the regional councils of the Districts of Evros and Rodopi. The Perama Gold Project area straddles both the districts of Evros and Rodopi, Northeastern Greece.

In addition, and most importantly for Thracean Gold Mines, the Minister announced that the Ministerial Committee had completed the draft of the �Joint Ministerial Decision� for the approval of the Joint Ministerial Council. The Government's announcement clearly states that the �Environmental Terms of Reference� approving the EIS are based on the National and European legislation and in particular the �Best Available Techniques� set out to address the environmental impact during construction, operation and rehabilitation of the area after operation.

This is the first time that the Government of Greece has publicly announced such a clear and official position with regards to the Perama Gold Project. The announcement supports the view of the majority of the citizens in the area and around the project and confirms its intention to license the Perama Gold Project.

About Frontier Pacific:

Frontier Pacific is develop ing the advanced Perama Hill gold project in north eastern Greece, held by its wholly-owned subsidiary Thracean Gold Mining S.A. The Company has earned an undivided 50% interest in the Macusani Uranium Project in south eastern Peru where it is the operator and has recently completed a twenty thousand meter diamond drill program; and has begun exploration of the 9,973 hectare Taraira gold concession in south eastern Colombia. More information is available on http://www.frontierpacific.com

On B ehalf of the Board of Directors,

  FRONTIER PACIFIC MINING CORPORATION

  �Peter F. Tegart�

  Peter F. Tegart, P. Geo., President & CEO

The TSX Venture Exchange (the "Exchange") has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This news release may contain forward-looking statements that are based on Frontier Pacific expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

 

VanEck Vectors Global Alternative Energy ETF

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Frontier Pacific est une société développant des projet miniers basée au Canada.

Frontier Pacific est productrice d'or en Turquie, et détient divers projets d'exploration en Bolivie, en Colombie et en Turquie.

Son principal projet en production est OVACIK en Turquie et ses principaux projets en exploration sont MACUSANI EAST au Perou, DIXIE CREEK en Turquie, TARAIRA en Colombie et SAN JAVIER PROJECT en Bolivie.

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