Frontline Gold Announces Shares for Debt Transaction

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")
announces that it has entered into a debt settlement agreement ("Agreement")
with Walter Henry, President and CEO, a creditor of the Company pursuant to
which the Company agreed to issue an aggregate of 20,000,000 common shares
("Shares") at a deemed price of $0.05 per Share. The amount of indebtedness
settled by the Agreement is $1,000,000, which represents outstanding amounts for
cash advances by Mr. Henry to the Company. The Company chose to settle this
outstanding indebtedness with Shares as part of its plans to move the Company
forward and in order to preserve its potential funds for operations.


The issuance of shares is subject to the approval of the TSX Venture Exchange
(the "Exchange") and subject to a 4-month hold period. The Company will issue
the Shares once the issuance has been approved by the Exchange.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Frontline Gold Corporation
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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