Solex Resources Corp.
TSX VENTURE : SOX

Solex Resources Corp.
Frontier Pacific Mining Corporation
TSX VENTURE : FRP

Frontier Pacific Mining Corporation

January 16, 2008 10:17 ET

Frontier Pacific & Solex Joint Venture Intersects 8 metres of 0.373% U3O8 at Puncopata Prospect, Macusani Uranium Project, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2008) - Frontier Pacific Mining Corporation (TSX VENTURE:FRP) ("Frontier Pacific") and Solex Resources Corp. (TSX VENTURE:SOX) ("Solex"), (collectively the "Venture Participants") are pleased to report very encouraging results from a completed 12-hole drill program at their Puncopata near-surface uranium target. This drill program formed part of the 24,000-metre program that was conducted in 2007 to test an initial seven targets on the extensive Macusani uranium project in southern Peru.



Puncopata Results

HIGHLIGHTS

- 8m @ 7.5 lbs/ton (0.373%) U3O8 (in drillhole PUN07-01)
- 7m @ 3.8 lbs/ton (0.189%) U3O8 (in drillhole PUN07-09)
- 2m @ 2.5 lbs/ton (0.125%) U3O8 (in drillhole PUN07-02)


The Puncopata prospect is located 1 km southwest of the Calvario I prospect and is part of the Calvario Group that consists of prospects Calvario I, Calvario II, Calvario III and Puncopata in the northern part of the Macusani project. A map showing the location of the targets is available at www.frontierpacific.com and www.solexresources.com.

The 12 drill holes targeted the east-west radiometric anomaly at Puncopata and confirmed a near-surface, flat lying ignimbrite volcanic flow containing a weighted average grade of 0.055% U3O8 (552ppm U3O8) or 1.1 pounds per ton (U3O8) over an average stratigraphic thickness of 4.0 metres covering an area measuring 800 metres by 150 metres in plan view. The drill results show excellent continuity of uranium grade within a strata-bound westerly-terminating wedge of the T2 ignimbrite volcanic flow. Mineralization remains open to the east.

Uranium mineralization found through drilling at Puncopata occurs as several mineralogical types, disseminated between tuffaceous fragments and within congealing fracture fillings related to cooling of the near-surface flows. In several locations, the favourable uraniferous ignimbrite flows appear stacked one on top of the other and separated in most cases by barren or low grade ignimbrites.

The application for drill permits to further define the mineralization and potential resource at Puncopata has begun. A follow-up drill program will be included as part of the 2008 (20,000 metres) drill program scheduled to begin during the first quarter of 2008.



Drill results from the Puncopata Prospect

(Drillhole collar and survey information can be found at
www.frontierpacific.com and www.solexresources.com).

--------------------------------------------------------------------
From To Interval U3O8 U3O8 lbs/ton
Hole ID (m) (m) (m) ppm U3O8% (short)
--------------------------------------------------------------------
PUN06-01 23.2 39.2 16.0 394 0.039 0.79
--------------------------------------------------------------------
PUN06-01 46.2 47.2 1.0 217 0.022 0.43
--------------------------------------------------------------------
PUN06-03 17.5 22.5 5.0 129 0.013 0.26
--------------------------------------------------------------------
PUN06-03 28.5 30.5 2.0 159 0.016 0.32
--------------------------------------------------------------------
PUN06-03 33.5 43.5 10.0 196 0.020 0.39
--------------------------------------------------------------------
PUN06-04 31.5 40.5 9.0 199 0.020 0.40
--------------------------------------------------------------------
PUN06-05 31.5 32.5 1.0 1008 0.101 2.02
--------------------------------------------------------------------
PUN06-05 37.5 38.5 1.0 1392 0.139 2.78
--------------------------------------------------------------------
PUN06-05 42.5 43.5 1.0 334 0.033 0.67
--------------------------------------------------------------------
PUN06-05 48.5 49.5 1.0 101 0.010 0.20
--------------------------------------------------------------------
PUN06-06 20.5 22.5 2.0 126 0.013 0.25
--------------------------------------------------------------------
PUN06-06 27.5 28.5 1.0 3641 0.364 7.28
--------------------------------------------------------------------
PUN06-06 33.5 39.5 6.0 242 0.024 0.48
--------------------------------------------------------------------
PUN06-07 9.5 10.5 1.0 242 0.024 0.48
--------------------------------------------------------------------
PUN06-08 25.5 26.5 1.0 1904 0.190 3.81
--------------------------------------------------------------------
PUN06-09 14.5 20.5 6.0 775 0.077 1.55
--------------------------------------------------------------------
PUN06-09 26.5 35.5 9.0 138 0.014 0.28
--------------------------------------------------------------------
PUN06-10 12.5 13.5 1.0 263 0.026 0.53
--------------------------------------------------------------------
PUN06-10 21.5 22.5 1.0 478 0.048 0.96
--------------------------------------------------------------------
PUN06-10 30.5 31.5 1.0 227 0.023 0.45
--------------------------------------------------------------------
PUN06-11 NSI
--------------------------------------------------------------------
PUN06-12 NSI
--------------------------------------------------------------------
PUN07-01 37.0 38.0 1.0 324 0.032 0.65
--------------------------------------------------------------------
PUN07-01 58.0 66.0 8.0 3730 0.373 7.46
--------------------------------------------------------------------
PUN07-01 71.0 73.0 2.0 153 0.015 0.31
--------------------------------------------------------------------
PUN07-01 77.0 78.0 1.0 363 0.036 0.73
--------------------------------------------------------------------
PUN07-02(i) 15.0 19.0 4.0 91 0.009 0.18
--------------------------------------------------------------------
PUN07-02 24.0 28.0 4.0 346 0.035 0.69
--------------------------------------------------------------------
PUN07-02 37.0 39.0 2.0 1248 0.125 2.50
--------------------------------------------------------------------
PUN07-02 50.0 51.0 1.0 165 0.017 0.33
--------------------------------------------------------------------
PUN07-02 67.0 68.0 1.0 169 0.017 0.34
--------------------------------------------------------------------
PUN07-02 74.0 78.0 4.0 177 0.018 0.35
--------------------------------------------------------------------
PUN07-03 71.0 72.0 1.0 329 0.033 0.66
--------------------------------------------------------------------
PUN07-04 73.0 74.0 1.0 112 0.011 0.22
--------------------------------------------------------------------
PUN07-05 15.0 19.0 4.0 104 0.010 0.21
--------------------------------------------------------------------
PUN07-05 22.0 23.0 1.0 394 0.039 0.79
--------------------------------------------------------------------
PUN07-05 26.0 34.0 8.0 214 0.021 0.43
--------------------------------------------------------------------
PUN07-06 29.0 32.0 3.0 297 0.030 0.59
--------------------------------------------------------------------
PUN07-07 31.0 33.0 2.0 112 0.011 0.22
--------------------------------------------------------------------
PUN07-08 24.0 31.0 7.0 195 0.020 0.39
--------------------------------------------------------------------
PUN07-09 21.0 28.0 7.0 1893 0.189 3.79
--------------------------------------------------------------------
PUN07-10 19.0 22.0 3.0 200 0.020 0.40
--------------------------------------------------------------------
PUN07-10(i) 26.0 30.0 4.0 81 0.008 0.16
--------------------------------------------------------------------
PUN07-11 22.0 32.0 10.0 282 0.028 0.56
--------------------------------------------------------------------
PUN07-12 23.0 32.0 9.0 405 0.041 0.81
--------------------------------------------------------------------
NOTE: Lower cut-off grade equals 0.01% (or 100ppm) U3O8 (for 0.200lbs/ton;)
No top cut was applied.
NOTE: For completeness - Results from 2006 drilling are included and
used for calculation of average drill intercept grade.
NOTE: For completeness - Holes PUN07-02 and PUN07-10 used a lower cut-off
grade equals 0.005% (50ppm) U3O8 (for 0.1) lbs/ton.


Ian F. Laurent, M.Econ.Geol. MAIG (Vice President - Exploration; Frontier Pacific) is a member of the Australian Institute of Geoscientists, a Competent Person, responsible for the technical content of this news release and a Qualified Person under Canadian Securities Administrators National Instrument 43-101. Peter F. Tegart, P.Geo, and Jonathan Challis FIMMM are Qualified Persons under Canadian Securities Administrators National Instrument 43-101 policies, and are responsible for the contents of this news release.



On Behalf of the Board of Directors of

FRONTIER PACIFIC MINING CORPORATION
Peter F. Tegart, P. Geo., President & CEO


On Behalf of the Board of Directors of

SOLEX RESOURCES CORP.
Jonathan Challis, President & Director


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.

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.

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