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FORTUNA METALS LTD Board/Management Information 2018

Aug 28, 2018

64952_rns_2018-08-28_f9392e1c-e27d-4bde-bd89-a05d3f6bdac2.pdf

Board/Management Information

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ADDRESS PHONE EMAIL Unit 5, Ground Floor +61 (8) 9486 4036 [email protected] 1 Centro Ave, Subiaco ABN WEBSITE WA, 6005 Australia 96 095 684 389 www.frontierresources.com.au

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ASX: FNT

Market Announcements Platform

29 August 2018

Director Resignations

Frontier Resources Limited ( Frontier ) advises that it has received and accepted the resignations of Mrs Paige McNeil and Mr John Kirakar from the Board of Frontier effectively immediately.

John Kirakar will remain as Frontier’s Papua New Guinean (PNG) resident director of the company’s two wholly owned subsidiaries Frontier Copper PNG Ltd and Frontier Gold PNG Ltd. John is a geologist with 34 years professional experience working in all regions of PNG since 1981, including several field periods in Australia, New Zealand, Indonesia, Solomon Islands and Vanuatu. He has extensive and varied mineral exploration experience with epithermal gold-silver, porphyry copper-gold-molybdenum, copper-zinc-leadsilver-gold skarns, nickel-Cobalt, and Coal and Platinum-rich PGM mineral deposit types and has worked throughout PNG for companies with Esso, City Resources, CRA Exploration, Elders Resources, Annapurna, Dolerite Mining, Highlands Gold, Highlands Pacific, Ok Tedi Mining, New Guinea Gold Corp, Cybele Resources, Papuan Precious Metals, Newcrest Mining, Pacific Mining Partners and Quintessential Resources Ltd.

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

FRONTIER RESOURCES LTD Fenix Dong Executive Director Contact: [email protected]

BACKGROUND:

Frontier Resources Ltd is focussed on mineral exploration in highly prospective Papua New Guinea (PNG). The Company is targeting copper+/- gold +/-molybdenum porphyries and intrusive related epithermal gold deposits on its Exploration Licences (Els), plus 2 significant EL Applications. Continued exploration and drilling is strongly warranted. The Papuan Fold Belt contains Frontier’s Bulago and Muller ELs and the Ok Tedi porphyry copper-gold Mine (located 80km WNW of Bulago), Porgera intrusive/ epithermal related gold Mine (120km east of Bulago) and Kili Teke porphyry copper-gold Deposit (50km east of Bulago).