Frontier Pacific Mining

Published : May 22nd, 2007

Ministry of Development announces support of Gold Mining in Greece

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Vancouver, British Columbia � May 22, 2007 - Frontier Pacific Mining Corporation (TSX-V: FRP) (�Frontier Pacific�), is pleased to report that in a speech on Thursday May 10th in Athens, Mr. Nikos Stephenou, General Secretary of the Ministry of Development, stated that the Government of Greece fully supports a wide range of mineral resource projects throughout the country with particular emphasis on the development of the mining projects in the regions.

The following is a translation of some of Mr Stephanou�s speech:


�Mining and Metallurgical industries are fundamental pieces of the well-being of the Greek economy, and within the European Union, Greece is one of the countries with a significant mining business and exports of mineral products.

�In a Europe with limited current mining potential and a complex set of restricting laws, it is logical that the mining production does not receive enough support vs the support given to the actual trading of metals and minerals and its importation from non-European countries such as Africa, Australia and India etc.�

�Environmental, quality of life, safety and social welfare, in combination with the continuous disclosure of information and the active involvement of the citizens, merit a new human-centric approach and the acceptance of sustainable development and new technological advances in the mining industry.�

�It is now scientifically proven that both environment and sustainable development can live together and both can become the foundation for a better society.�

�The Mining Industry is extremely important for the Regional Development of Greece. In many cases, geology and economic mineralization are found in areas where other kinds of development are limited, and thus, the mining industry can provide for the well-being of the local populations and other forms of services and industries.�


The government supports the development of the Gold Mining business in Chalkidiki, according to the environmental framework. The execution of this initiative will develop this region and provide work for 600 people in the construction phase and 1,300 people in the production phase.�


Frontier Pacific Mining, through its wholly owned Greek subsidiary, Thracean Gold Mines (TGM), is working closely with the Greek Government to obtain the Joint Ministerial Approval which will allow the construction of TGM�s Perama Hill Gold Mine in Northern Greece to commence. In view of this positive statement of support of the mining industry by the Government of Greece, TGM is accelerating its large scale media campaign in Evros and Rodopi in order to inform the local population of the safety of its operations and the economic benefits that the development will bring to the region. A full copy of the speech in Greek can be viewed on the Ministry of Development website at www.ypan.gr


On Behalf of the Board of Directors,

FRONTIER PACIFIC MINING CORPORATION

�Peter F. Tegart�

Peter F. Tegart, P. Geo., President & CEO


The statements made in this News Release may contain certain forward-looking statements. Actual events and/or results may differ from the Company�s expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.






In other news...

Corporate Presentation
Corporate Monthly Update
Webcast by Peter Tegart

Check it out! New Website launching June 15th

Data and Statistics for these countries : Australia | Greece | India | All
Gold and Silver Prices for these countries : Australia | Greece | India | All

Frontier Pacific Mining

PRODUCER
CODE : FRP.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

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.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Frontier Pacific Mining
12/4/2007Westwind Partners Analyst Report: TSX Venture FRP
9/26/2007announces new Net TV Channel, Conference Schedule and Webcas...
Annual reports of Frontier Pacific Mining
Annual Report 2005
Option Grants of Frontier Pacific Mining
1/24/2008Grants Stock Options
Project news of Frontier Pacific Mining
1/14/2008(Macusani East)Completes its Earn-In to Solex’s Macusani Uranium Project; P...
12/3/2007(Perama Hill) Perama Gold Project
11/14/2007(Macusani East)Initial Drill Results at the Sayaña Central Prospect Macusan...
10/25/2007(Perama Hill) received overwhelming public support for Perama Hill Gold P...
Corporate news of Frontier Pacific Mining
6/24/2008Acquires Mineral Concessions in Western Brazil
6/18/2008ELDORADO AND FRONTIER REACH AGREEMENT ON ACQUISITION ? E=?IS...
6/17/2008Dear Fellow Frontier Pacific Shareholders: June 17, 2008
6/13/2008National Zoning Plan for the Economic Development, including...
6/12/2008Urges Shareholders to Exercise Management Proxies, Receives ...
5/27/2008recommending that Shareholders REJECT an unsolicited takeove...
5/16/2008FRP shareholder rights plan
5/13/2008Posting on Website Regarding Hostile Takeover Bid
5/10/2008Responds to Unsolicited Takeover Bid and Recommends to Share...
4/23/2008Offer
11/20/2007Launches Investor Q&A Blog!
10/1/2007& Cosigo Resources are awarded and sign Taraira Gold Concess...
9/11/2007 News Release - Calvario I Prospect
8/3/2007August Fact Sheet for FRP.V
7/19/2007Calvario I Results
5/22/2007Ministry of Development announces support of Gold Mining in ...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (FRP.V)Other OTC (FRPMF)
1.07+0.94%1.05+6.06%
Last quotes and information before delisting
Prev close Open
1.06 1.02
Low High
1.01 1.07
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  1.07 7.00%
Volume 1 month var.
194,300 7.00%
Produces Gold
Develops
Explores for Uranium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 6.88+0.00%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.48+0.83%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59+0.00%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.05-0.49%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 11.53+0.52%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.30+3.39%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.18+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.54-3.75%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 41.40+0.15%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.