Vancouver, British Columbia � January 23, 2008 - Frontier Pacific Mining Corporation (the �Company�) (TSX-V: FRP) wishes to announce, pursuant to the Company�s Stock Option Plan (the �Plan�), that a total of 2,850,000 incentive stock options have been granted to directors, officers and employees of the Company as defined by TSX Venture Exchange Policy 4.4. The options are exercisable for a maximum five year period at a price of $0.73 per share. The options will bear a four month hold period ending May 17, 2008, in accordance with the terms of the Plan. On Behalf of the Board of Directors, FRONTIER PACIFIC MINING CORPORATION �Peter F. Tegart� Peter F. Tegart, P. Geo., President & CEO The TSX Venture Exchange (the "Exchange") has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release. This news release may contain forward-looking statements that are based on Frontier Pacific 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.
Frontier Pacific is a development stage company based in Canada.
Frontier Pacific produces gold in Turkey, and holds various exploration projects in Bolivia, in Colombia and in Turkey.
Its main asset in production is OVACIK in Turkey and its main exploration properties are MACUSANI EAST in Peru, DIXIE CREEK in Turkey, TARAIRA in Colombia and SAN JAVIER PROJECT in Bolivia.