Frontline Gold Announces a $500,000 Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Frontline Gold Corporation (TSX VENTURE:FGC) ("Frontline" or the "Company") is
pleased to announce its intention to carry out a non-brokered private placement
of up to 25,000,000 shares at a price of $0.02 per share for gross proceeds of
up to $500,000 (the "Offering). The Offering will comprise the sale of units
("Units") at a price of $0.02 per Unit. Each Unit will consist of one common
share in the capital of the Company ("Common Share") and one full
non-transferable Common Share purchase warrant ("Warrant"). Each Warrant shall
entitle the holder to acquire one full Common Share at a price of $0.07 at any
time within 12 (twelve) months from issuance, and thereafter, at a price of
$0.10 until the expiry of two years from issuance, subject to the accelerated
expiry provisions described below. 


Finder's fees equal to 8% of the gross proceeds raised, in addition to the
issuance of a number of finder warrants ("Finder Warrants") equal to 8% of the
number of Units issued, shall be paid to finders or other third parties (a
"Finder") upon closing. Each Finder Warrant entitles the holder to acquire an
additional Common Share at an exercise price of $0.07 at any time within 12
(twelve) months of the closing of the Offering, subject to the accelerated
expiry described below.


The Offering is being made pursuant to TSX Venture Exchange Bulletin which
provides for temporary relief from certain pricing requirements, and
accordingly, the Offering is subject to certain conditions, as well as approval
by the TSX Venture Exchange and any other applicable securities legislation. The
securities comprising the Units will be offered to all Qualified Purchasers
resident of any Canadian Province, in reliance upon exemptions from the
prospectus and registration requirements of applicable securities legislation.
The securities issued upon the closing of the Offering will be subject to a four
month hold period from the date of issue, including any other re-sale
restrictions imposed by applicable securities regulatory authorities. Insiders
of Frontline may, subject to regulatory approval, participate in up to 25% of
the Offering. 


If, commencing four months after the closing of the Offering, the common shares
of Frontline trade at or above $0.19 on the TSX Venture Exchange for a minimum
of 20 consecutive trading days, then Frontline shall have the right to give
notice of early expiry of the Warrants. Early expiry shall accelerate and be
automatically amended to be the 30th day after the date on which Frontline gives
notice to the Warrant holder of such acceleration. 


The proceeds from the Offering will be used for property option payments,
exploration expenditures and general and administrative costs.


About Frontline Gold Corporation

Frontline is a Canadian junior mineral exploration company with an experienced
discovery team and a proven record of accomplishment. The Company's flagship
properties include the Menderes gold project in the Izmir province of Western
Turkey and the Niaouleni gold project in southern Mali in the heart of West
Africa's prolific gold belt. Ongoing Canadian exploration includes the Poly
(gold VMS) and the Stewart (gold-copper porphyry) projects.


For further information, please visit the Company's website at
www.frontlinegold.com to view the most recent corporate presentation. 


This news release contains forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties. The
Company's actual results, programs and financial position could differ
materially from those anticipated in such forward-looking statements as a result
of numerous factors, some of which may be beyond the Company's control. These
factors include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of mineral
properties, the interpretation of drilling results and other geological data,
the uncertainties of resource and reserve estimations, receipt and security of
mineral property titles; project cost overruns or unanticipated costs and
expenses, fluctuations in metal prices; currency fluctuations; and general
market and industry conditions. 


Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used
in the preparation of such statements, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.


Walter Henry, President & CEO

FRONTLINE GOLD CORP.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Frontline Gold Corp.
Walter Henry
President & CEO
(416) 362-9100
(416) 362-9300 (FAX)
info@frontlinegold.com
www.frontlinegold.com
Frontline Gold (TSXV:FGC)
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