"An Experienced Exploration and Development Company" Frontier Pacific's primary asset is the Perama Hill gold project in northeastern Greece which is in the advanced permitting stage. A 20,000+ meter drill program has been completed on expansive surface uranium mineralization in southeastern Peru . Frontier Pacific will begin an exploration program on the 10,000ha gold concession in Southeastern Colombia. The Company's wholly-owned primary asset is the Perama Hill Gold Project held by its subsidiary Thracean Gold Mining S.A. Perama Hill has a 1.36 million ounce indicated gold resource grading 3.62 grams/tonne (Roscoe Postle Associates, 2004) in a surface exposed oxide deposit. The Greek Government has expressed its intention to approve the project's Environmental Impact Study. Thracean Gold Mining has extensive additional exploration holdings in northern Greece. The Company earned 50% interest in June 2007 in the 460 square kilometer Macusani Uranium Concessions in southeastern Peru. Initial agitation leach tests returned uranium extractions of 97.6 percent. 20,000m Drill Program recently completed.
The Company's outstanding management have extensive experience in the all aspects required for successful exploration and profitable mine development.
Forty percent of the Frontier Pacific's 163.5 million outstanding common shares are held by insiders. The remaining sixty percent is widely held by institutions and private investors. The Company's head office is in Vancouver, BC, one of the world's centers of mineral exploration and mine development. Subsidiaries' offices are located in Athens and Alexandropolis, Greece, Lima, Peru, and Bogota Colombia. |
Recent NewsJun 24, 2008 Jun 18, 2008
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