Frontline Gold Corporation

Frontline Gold Corporation

February 23, 2011 08:45 ET

Frontline Gold-Stock Options

HALIFAX, NOVA SCOTIA--(Marketwire - Feb. 23, 2011) - Walter Henry, President and CEO of Frontline Gold Corp. ("Frontline")(TSX VENTURE:FGC) announces the grant of incentive stock options.

Stock Options

Frontline announces that 5,450,000 incentive stock options have been granted to directors, officers, employees and consultants pursuant to Frontline's rolling incentive stock option plan. The stock options are exercisable for five years at $0.20 per share. The closing price of Frontline shares on the TSX Venture Exchange on February 22, 2011 was $0.20.

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 Niaouleni property lies in the heart of West Mali in Africa's prolific gold belt. Frontline is also advancing its gold projects in the Izmir province of Western Turkey, which consist of the Efemcukuru, Odemis, Ordu and Kure properties. Ongoing Canadian exploration includes the Red Lake (gold) and Stewart (gold-copper-polymetallic) projects.

For further information, please visit the Company's website at and view the most recent corporate presentation and recent Niaouleni project photos.

On Behalf of the Board

Walter Henry, President & CEO


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. 

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.

Contact Information