Fronteer Gold Inc.

Fronteer Gold Inc.

March 15, 2005 10:27 ET

Fronteer Acquires Twelve New Gold Projects in Chiapas, Mexico


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: FRONTEER DEVELOPMENT GROUP INC.

TSX SYMBOL: FRG
OTC Bulletin Board SYMBOL: FTDGF
FRANKFURT SYMBOL: FRR

MARCH 15, 2005 - 10:27 ET

Fronteer Acquires Twelve New Gold Projects in Chiapas,
Mexico

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 15, 2005) - Fronteer
Development Group Inc. (TSX:FRG)(OTCBB:FTDGF)(FWB:FRR) is pleased to
announce that it has acquired twelve new gold properties in northwestern
Chiapas State, Mexico. These properties are 100% Fronteer-owned and
cover 2,150 square kilometres (531,000 Acres).

The properties are located adjacent to Linear Gold's new Ixhuatan
discovery, which has highlighted the potential of this largely
unexplored region. The Fronteer properties also encompass the rock
sequence that hosts the 2.9 million ounce Marlin gold deposit, just
across the border in Guatemala.

Fronteer already has extensive experience in this part of Mexico. Dr
Rick Valenta, Fronteer's Chief Operating Officer, was the Mount Isa
Mines Exploration (MIM) regional manager for Mexico and Central America
from 2001 to 2003. During his time there, Dr Valenta was a key
participant in the discovery of the Ixhuatan property and exploration of
other Chiapas projects that were subsequently sold by MIM to Linear Gold.

Dr Valenta commented: "This is one of the few remaining areas in the
Americas where a company can enjoy first-mover status on a large
exploration package in an emerging world class gold belt."

Fronteer has established two exploration teams in Chiapas. They are
currently carrying out a Cdn$500,000 reconnaissance program to identify
drill targets by the end of 2005.

"This strategic land package complements the advanced Turkish projects
that currently form the core of Fronteer's gold portfolio," says Dr.
Mark O'Dea, Fronteer's President and CEO. "It allows the company to
develop a 100% owned project in an emerging world class gold belt, and
leverage Dr. Valenta's intimate knowledge and proven track record in the
region."

Fronteer is also pleased to announce the appointment of Miguel Heredia
as Exploration Manager for Mexico and Central America. Miguel has over
20 years experience with several companies including BHP and Penoles,
managing exploration in Mexico, Central America and North America.
Miguel brings a high level of technical and managerial expertise to the
job, together with detailed knowledge of the regional geology and
mineralization styles of Mexico and Central America.

Fronteer is a "Discovery-stage" exploration company with five active
gold projects in western Turkey. Fronteer is also focused on the
discovery of Uranium Deposits in Labrador.

This News Release includes certain "forward looking statements" within
the meaning of the United States Private Securities Litigation Reform
Act of 1995. Without limitation, statements regarding potential
mineralization and resources, exploration results, and future plans and
objectives of the Company are forward looking statements that involve
that involve various degrees of risk. The following are important
factors that could cause Fronteer's actual results to differ materially
from those expressed or implied by such forward looking statements:
changes in the world wide price of mineral commodities, general market
conditions, risks inherent in mineral exploration, risks associated with
development, construction and mining operations, the uncertainty of
future profitability and the uncertainty of access to additional capital.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Fronteer Development Group Inc.
    Mark O'Dea
    President & CEO
    (604) 632-4677
    or
    Fronteer Development Group Inc.
    Rick Valenta
    VP Exploration & COO
    (604) 632-4677
    or
    Fronteer Development Group Inc.
    Dan McIntyre
    Corporate Communications
    (604) 632-4677
    info@fronteergroup.com
    www.fronteergroup.com