Frontier Pacific Mining Corporation

Frontier Pacific Mining Corporation
Solex Resources Corp.

Solex Resources Corp.

January 14, 2008 09:00 ET

Frontier Pacific Completes its Earn-In to Solex's Macusani Uranium Project; Proposes 2008 Exploration Budget

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 14, 2008) - Frontier Pacific Mining Corporation (TSX VENTURE:FRP) ("Frontier Pacific") and Solex Resources Corp. (TSX VENTURE:SOX) ("Solex") (collectively the "joint venture partners") are pleased to confirm that Frontier Pacific has earned a 50% interest in Solex's Macusani uranium project ahead of schedule. The joint venture estimates that the 2008 exploration expenditures on the project will be approximately $5.5-million.

The Macusani joint ventured project will now be held in a Peruvian joint venture management company in which share ownership will be held 50% by each of the joint venture partners. Both ownership interests will be equally represented at the Board level of the new company, with the Board governing all of the company's business activities. Frontier Pacific will continue as the operator of the new company.

The joint venture partners are currently completing the first National Instrument 43-101-compliant resource calculation on the results from a completed 24,000-metre drill program on an initial seven targets at the Macusani project. Additionally, metallurgical column testing is underway at Lakefield Research in Ontario on a 450 kilogram sample of drill core from the Calvario I, Calvario III and Sayana Central uranium resource targets. The national Instrument 43-101 report is due in the first quarter of 2008.

For the first six months of 2008, the joint venture partners are projecting an exploration budget of $4-million with two drills to be active on the project. The first drill will be dedicated to expanding the initial targets drilled in 2007 and the second drill will be used to test 10 new targets generated during the same period. Since July 2007, the Macusani Joint Venture has been funded equally by both companies.

Both companies are confident that 2008 will be the year in which the Macusani project will be advanced from an exploration stage to a resource definition stage. Additional exploration objectives will include expanding the exploration horizon within the joint venture concession area with a view to defining new target areas.

The Macusani joint ventured project consists of a total of 67 claims, covering 45,000 hectares in the Macusani Uranium District located in the Puno Department of southeastern Peru. This project represents the largest landholdings in the developing Macusani Uranium district.

On Behalf of the Board of Directors of
Peter F. Tegart, P. Geo., President & CEO

On Behalf of the Board of Directors of
Jonathan Challis, President & Director

This news release may contain forward-looking statements that are based on Frontier Pacific or Solex 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.

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.

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