Frontier Mining

Frontier Mining Ltd is a mineral exploration and development Company focussed on gold and copper deposits in the Republic of Kazakhstan. Through its subsidiaries and affiliates, Frontier locates, evaluates, acquires, explores and develops mineral properties. Frontier currently operates two licenses in Kazakhstan, Naimanjal (100% owned) and Benkala (50% owned). Naimanjal operations currently consist of five projects; a producing gold mine, a test stage gold production project, a potential copper porphyry deposit with associated gold and molybdenum, and copper/gold prospects along a 25km trend including both VMS and porphyry types. Benkala is a copper-molybdenum-gold deposit located in north-western Kazakhstan, within the Urals gold/copper ore belt.

Frontier’s Benkala JV to connect power to site and start building infrastructure

Tuesday, June 16, 2009

Frontier Mining Ltd (AIM: FML) said its joint venture operating the Benkala copper-molybdenum-gold deposit in northwestern Kazakhstan has received technical and regional authority approval to connect electricity to the site.

KazCopper LLP, a wholly owned subsidiary of US Megatech BVI which is a 50/50 JV between Frontier and Coville Intercorp, is now expected to begin construction work for site infrastructure and the foundation works for a 20,000 tonne per year SX-EW EW (solvent extraction and electrowinning) cathode copper plant in the third quarter of 2009.

A total of 29 holes have been drilled under the infill drilling program since the fourth quarter of 2008. The program for the oxide/supergene zone is expected to be completed in September 2009 by which time an additional 20 holes totalling 2,500 metres are expected to have been drilled. Assay results are expected by December 2009 and a JORC compliant resource statement for the oxide/supergene zone is expected to be completed by the first quarter of 2010.

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The strategic focus of the infill drilling programme at Benkala has been revised in order to achieve earlier production and cash flows from the oxide/supergene zone.

This revised programme for 2009 is expected to see KazCopper progress towards full feasibility, production and near term-cash flow on the oxide/supergene and mixed sulphide ores at Benkala early 2011, Frontier added.

Frontier CEO Erlan Sagadiev commented: “We are pleased with the significant progress made on the infill drilling programme at the Benkala project. The regional authorities have been very supportive of KazCopper and we are now firmly focused on completing the infill drilling on Benkala's considerable oxide supergene zone and commencing construction works on the SX-EW cathode copper plant in Q3 2009.”

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Frontier Mining reports positive economic assessment of Benkala and Maminskoye projects

Wardell Armstrong envisages two open-pit mines producing 5Mtpa copper & 1Mtpa gold, with NPV’s of US$191m and US$110.9m respectively.
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Frontier Mining confident all is in place to turn Benkala deposit into company-transforming asset

Kazakhstan focused Frontier Mining is confident everything is in place to turn its flagship Benkala copper-molybdenum-gold deposit into the company transforming asset it believes it to be.
Copper-Gold junior, Frontier Mining, audio interview transcript

Transcript of the audio interview conducted on 6 July 2009 between Harry Norman of Proactiveinvestors and Erlan Sagadiev, CEO and Chairman of AIM listed copper-gold junior, Frontier Mining.
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Frontier Mining: Gold and Copper in Kazakhstan

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Additional Information

Market:	AIM
Sector:	General Mining - Copper
EPIC:	FML
Latest Price:	5.25p (0.00%)
52-week High:	10.75p
52-week Low:	4.88p
Market Cap:	48.16M

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