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WA, 6005 Australia 96 095 684 389 www.frontierresources.com.au

ASX: FNT

Market Announcements Platform

17th August 2017

Tolukuma Application Warden’s Court Hearing Set

Frontier Resources Limited (Frontier) is pleased to announce that the Warden’s Court Hearing for EL
Application 2531 - Tolukuma Region, Central Province, PNG, has been set for September 27th.

Frontier’s Chairman and Managing Director Peter McNeil said:

“Frontier applied for the highly prospective Tolukuma Region in May, with an EL that totally surrounds the
recently restarted Tolukuma gold Mining Lease. The Wardens Court Hearing date has been set for September
27th to consult the landowners. The application will then follow the normal process of review by the Mining
Advisory Council and recommendation to the Minister for his decision.

The 433 sq km area has been locked up for the last 31 years by various companies and is highly prospective for
satellite high-grade epithermal gold deposits, plus porphyry copper-gold deposits. Rio Tinto shares a 5.5 linear
kilometre boundary on the SW of ELA 2531 and 3D IP demonstrated possible porphyry targets.

Within the application are 25 named targets including 2 confirmed Projects (Saki and Soju), 4 Prospects
(Daikoku, Wav Creek, Mitsem, Digurenda), eleven geophysical targets (T1-11), plus 5 Regional Prospects at
Udava Gorge, Tama, Mt Tafa and Gina. Within the ELA but proximal to the ML are the Fundoot and Seriseri
Projects and shared with the ML appear to be the Kimono and perhaps part of the Milaihamba Projects.

The Saki Project has been extensively drilled. 3D IP was completed and demonstrated a large 3D IP anomaly
(as shown in the slide by Petromin -2012), that remains to be drilled.
The large Fundoot and Seriseri 3D IP anomalies appear to be located within Frontier’s ELA, near the western
boundary of the ML. The surface trace of the ML can be seen in the ‘3D’ image showing the Fundoot anomaly,
faults and the surface IP sample points”.

Additional publicly
available plans are
included as
Appendix 1. The
PNG Mineral
Resource Authority
library data has not
yet been purchased.

The location plan

below shows the EL
Application area
relative to the
historic EL
boundaries and the
excluded Mining
Lease (in brown)
and must be used
when comparing the
ELA area to the
historic plans.

For additional information relating Frontier and our other projects, please visit the website at
www.frontierresources.com.au

FRONTIER RESOURCES LTD

P.A. McNeil, M.Sc., MAIG

Chairman and Managing Director
Appendix 1 - HISTORIC INFORMATION FROM Emperor Mines 2006, DRD Ltd 2002 /2005 and Hancock 2006

SUMMARY
Frontier Resources has applied for an ELA that covers the Tolukuma Mines’ ML exploration potential.

ELA 2531

EXCLUDED
Tolukuma
ML

ELA 2531
 Competent Person Statement:
The information in this report that relates to Exploration Results is based on information compiled by Peter A. McNeil - Member of the Aust. Inst. of Geoscientists. Peter McNeil is
the Chairman/Managing Director of Frontier Resources, who consults to the Company. Peter McNeil has sufficient experience which is relevant to the type of mineralisation and
type of deposit under consideration to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code of Reporting Exploration Results, Mineral Resources
and Ore Resources. Peter McNeil consents to the Inclusion in the report of the matters based on the information in the form and context in which it appears.

JORC CODE 2012

Section 1 -- Sampling Techniques and Data

Criteria Explanation Commentary
Sampling o Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry As noted herein
techniques standard measurement tools appropriate to the minerals under investigation, such as down whole
gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting
the broad meaning of sampling.
o Include reference to measures taken to ensure sample representivity and the appropriate calibration Historical data
of any measurement tools or systems used. quoted
o Aspects of the determination of mineralisation that are Material to the Public Report. Historical data
In cases where 'industry standard' work has been done this would be relatively simple (e.g. 'reverse quoted
circulation drilling was used to obtain 1m samples from which 3 kg was pulverised to produce a 30g
charge for fire assay’) In other cases more explanation may be required, such as where there is coarse
gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g.
submarine nodules) may warrant disclosure of detailed information.
Drilling o Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) Historical data
techniques and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or quoted
other type, whether core is oriented and if so, by what method, etc.).
Drill sample o Method of recording and assessing core and chip sample recoveries and results assessed Historical data
recovery quoted
o Measures taken to maximise sample recovery and ensure representative nature of the samples. Historical data
quoted
o Whether a relationship exists between sample recovery and grade and whether sample bias may have Historical data
occurred due to preferential loss/gain of fine/coarse material. quoted
Logging o Whether core and chip samples have been geologically and geotechnically logged to a level of detail Historical data
to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. quoted
o Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography.Historical data
quoted
o The total length and percentage of the relevant intersections logged Historical data
quoted
Sub-sampling o If core, whether cut or sawn and whether quarter, half or all core taken. Historical data
techniques and quoted
sample o If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry. Historical data
preparation quoted
o For all sample types, the nature, quality and appropriateness of the sample preparation technique. Historical data
quoted
o Quality control procedures adopted for all sub-sampling stages to maximise representivity of Historical data quoted
samples.
o Measures taken to ensure that the sampling is representative of the in-situ material collected, Historical data quoted
including for instance results for field duplicate /second-half sampling.
o Whether sample sizes are appropriate to the grain size of the material being sampled. Historical data quoted
Quality of assay o The nature, quality and appropriateness of the assaying and laboratory procedures used and Historical data quoted
data and whether the technique is considered partial or total.
laboratory tests Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external
laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision
have been established.
o For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in Historical data
determining the analysis including instrument make and model, reading times, calibrations factors quoted
applied and their derivation, etc.
Verification of o The verification of significant intersections by either independent or alternative company personnel. Historical data
sampling and quoted
assaying o The use of twinned holes. Historical data
quoted
o Documentation of primary data, data entry procedures, data verification, data storage (physical and Historical data
electronic) protocols. quoted
o Discuss any adjustments to assay data. Historical data
quoted
Location of o Accuracy + quality of surveys used to locate drill holes (collar + down-hole surveys), trenches, mine Historical data
data points workings and other locations used in Mineral Resource estimation. quoted
o Specification of the grid system used. Map datum is AGD 066.
o Quality and adequacy of topographic control. 40m contours - 1:100,000 plans, 10m -DTM contours.
Data spacing o Data spacing for reporting of Exploration Results. As noted herein and refer to any attached plans for details.
and distribution o Whether the data spacing and distribution is sufficient to establish the degree of geological and grade Historical data
continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and quoted
classifications applied
 o Whether sample compositing has been applied. Historical data
quoted
Orientation of o Whether the orientation of sampling achieves unbiased sampling of possible structures to the extent Historical data
data in relation this is known, considering the deposit type. quoted
to geological
o If the relationship between the drilling orientation and the orientation of key mineralised structures Historical data
structure
is considered to have introduced a sampling bias, this should be assessed and reported. quoted
Sample security o The measures taken to ensure sample security Historical data quoted
Audits or o The results of any audits or reviews of sampling techniques and data. Historical data quoted
reviews

Section 2 -- Reporting of Exploration Results

Criteria Explanation Commentary

Tenure o The security of the tenure held at the time of reporting along with any known As noted herein
impediments to obtaining a licence to operate in the area.
Exploration o Acknowledgment and appraisal of Historical data quoted
done by others exploration by other parties.
Geology o Deposit type, geological setting and Gold epithermal related targets and porphyry copper-gold - molybdenum
style of mineralisation. targets.
Drill hole o A summary of all information material to the understanding of the exploration results Historical data quoted
information including a tabulation of the following information for all Material drill holes:
Easting and northing of the drill hole collar Historical data quoted
Elevation or RL (Reduced Level- elevation above sea level in metres) of the drill hole collar Historical data quoted

Dip and azimuth of the hole Historical data quoted

Down hole length and interception depth Historical data quoted
Hole length Historical data quoted
o If the exclusion of this information is justified on the basis that the information is not Material Historical data quoted
and this exclusion does not detract from the understanding of the report, the Competent
Person should clearly explain why this is the case.
Data o In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum Historical data quoted
aggregation grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and
methods should be stated.
Where aggregate intercepts incorporate short lengths of high grade results and longer Historical data quoted
lengths of low grade results, the procedure used for such aggregation should be stated and
some typical examples of such aggregations should be shown in detail
o The assumptions used for any reporting of metal equivalent values should be clearly stated. Historical data quoted

Relationship o These relationships are particularly important in the reporting of Exploration Results. Historical data quoted
between o If the geometry of the mineralisation with respect to drill hole angle is known, its nature Historical data quoted
mineralisation should be reported.
widths & o
intercept If it is not known and only the down hole lengths are reported, there should be a clear
lengths statement to this effect (e.g. 'down hole length, true width not known').
Diagrams o Appropriate maps and sections (with scales) and tabulations of intercepts should be included Historical data quoted
for any significant discovery being reported These should include, but not be limited to a plan
view of drill hole collar locations and appropriate sectional views.
Balanced o Where comprehensive reporting of all Exploration Results is not practicable, representative Historical data quoted
reporting reporting of both low and high grades and/or widths should be practiced to avoid misleading
reporting of Exploration Results.
Other o Other exploration data, if meaningful and material should be reported including (but not Historical data quoted
substantive limited to): geological observations; geophysical survey results; geochemical survey results;
exploration bulk samples - size and method of treatment; metallurgical test results; bulk density,
data groundwater, geotechnical and rock characteristics; potential deleterious or contaminating
substances
Further work o The nature and scale of planned further work (e.g. tests for lateral extensions or depth Future work is
extensions or large-scale step-out drilling). dependent on the
o Diagrams clearly highlighting the areas of possible extensions, including the main geological application being
interpretations and future drilling areas, provided this information is not commercially granted.
sensitive.

Frontier Resources Ltd Exploration Licence Information

Licence Area Lat. Sub
Number Date From Date To Ownership
Name (SQ KM) Blocks
Bulago EL 1595 7/07/2016 6/7/2018 100% Frontier Gold PNG Ltd 73 22
Muller EL 2356 31/12/2015 30/12/2017 100% Frontier Copper PNG Ltd 187 56
Andewa EL 2461 15/11/2016 14/11/2018 100% ** WNB Resources Ltd 147 44
Ala EL 2375 14/12/2015 13/12/2017 100% *FrontRunner Exploration PNG 143 43
Total Granted ELs 550 SQ KM
Sewatupwa ELA 2476 Application 100% *Frontier Copper PNG Ltd 436 131
Lavu ELA 2477 Application 100% *Frontier Copper PNG Ltd 839 252
Gazelle ELA 2529 Application 100% *Frontier Copper PNG Ltd 703 211
Tolukuma ELA 2531 Application 100% *Frontier Copper PNG Ltd 433 130
Kol ELA 2513 Application 100% *Frontier Copper PNG Ltd 123 37
NB: * Subject to 3% royalty to P.McNeil (to be approved by shareholders) ** To be Transferred to Frontier Copper PNG Ltd
The PNG Mining Act- 1992 stipulates that ELs are granted for renewable 2 year Terms (subject to Work and Financial Commitments) and the PNG
Government maintains the right to purchase up to 30% project equity at "Sunk Cost" if/when a Mining Lease is granted.