Frontline Gold Corporation

Frontline Gold Corporation

July 27, 2011 15:21 ET

Frontline Gold Corp.: Stock Option Grant

TORONTO, ONTARIO--(Marketwire - July 27, 2011) -


Frontline Gold Corp. (TSX VENTURE:FGC) ("Frontline" or the "Company") announces that it has granted 50,000 incentive stock options to Crimson Capital for investor related services. The stock options are exercisable at a price of $0.20 for a period of eighteen months from the date of grant. The options shall vest and become exercisable as to one quarter of the number granted on a quarterly basis over the ensuing year. The Company also announces that it has granted an aggregate 100,000 incentive stock options to consultant, Teri Anderson. The stock options are exercisable at a price of $0.20 for a period of five years from the date of grant. All stock options were granted pursuant to Frontline's incentive stock option plan.

Frontline Gold Corp. (TSX VENTURE:FGC) is a Canadian junior mineral exploration company with an experienced discovery team and a proven record of accomplishment. The Company's flagship properties include the Niaouleni gold project in the heart of Mali South in West Africa's prolific gold belt and the Menderes gold project in the Izmir province of Western Turkey. Ongoing Canadian exploration includes the Red Lake (gold) and Stewart (gold-copper-polymetallic) projects.

For further information, please visit the Company's website at to view the most recent corporate presentation.

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Walter Henry, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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