FORTUNA METALS LTD — Board/Management Information 2014

Nov 30, 2014

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ADDRESS PHONE EMAIL Office J, Level 2, 1139 Hay St. +61 (08) 9295 0388 pmcneil@frontierresources.com.au West Perth WEBSITE WA, 6005, Australia ABN: 96 095 684 389 www.frontierresources.com.au

ASX: FNT

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

1 December 2014

APPOINTMENT OF DIRECTORS

Frontier Resources Ltd is pleased to announce that a Non-Executive Director and an Executive Director have been appointed to the Board.

Chairman & Managing Director, Peter McNeil (MSc MAIG) commented: “ the new appointments bring a greater level of Papua New Guinean expertise, experience and energy to the Company. I am excited about the direction that this Board will lead the Company and I am proud to introduce my fellow Directors who are committed to supporting and re-building Frontier’s value.”

Peter Swiridiuk – Non Executive Director

Peter Swiridiuk, BSc (Hons), DipEd, MAIG has over 24 years’ experience exploring for copper, gold, diamonds, coal and base metals. Between 1997 and 2012, he spent substantial amounts of time managing exploration, discovery and resource definition for projects in Papua New Guinea, including evaluation of data at Frieda River and acting as a consultant geophysicist to Frontier Resources (2003-2013). In 2007 he spent over six years as Managing Director of ASX listed Coppermoly Limited where he attracted over $32 million through an IPO, capital raisings and joint venture partner Barrick Gold Corp. While leading Coppermoly, over 2 billion pounds of copper, in two separate JORC resources, were delineated on New Britain Island, Papua New Guinea.

Peter was geophysicist for DeBeers diamond services during the 1990’s where he managed geophysical surveys for the exploration of diamonds in Australia. Since 1997, he has been a technical consultant working on projects in Australia, PNG, Solomon Islands, Philippines, Cyprus, Mexico and Oman, where his exploration led to the discovery of two copper mines. Peter has authored numerous independent technical reports for the purpose of capital raisings.

Paige McNeil – Executive Director: Corporate

Paige McNeil (GradDipEd, ACIS, GAICD) is a Corporate Governance practitioner with 14 years’ operational and administrative experience in the mineral exploration industry in Papua New Guinea, Australia and Canada. Paige was a Founding Director and Company Secretary of Kanon Resources Ltd (2003) and Quintessential Resources Ltd (2010) which were subsequently listed on the TSX-V and ASX respectively. Paige was responsible for raising over $10M in capital for Quintessential over 2 years. Paige was the former Administration Manager and Company Secretary for Frontier Resources (2006 and 2010). She was appointed Alternate Director for Peter McNeil in August 2014 and has now resigned from this position.

Paige holds a Graduate Diploma in Corporate Governance from Governance Institute of Australia (2006) and is a Graduate of the Australian Institute of Company Directors (2008). She is a director of two private Australian companies and also facilitates modules for the Governance Institute of Australia.

For additional information relating to Frontier please visit our website at www.frontierresources.com.au

FRONTIER RESOURCES LTD

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P.A.McNeil, M.Sc., MAIG Chairman and Managing Director