The Board of Frontier announce that the Minister of Mines and Energy in Namibia has granted the Company a two year extension to its exploration licence covering onshore Blocks 1717 and 1718 in the Owambo Basin. The original licence, awarded in January 2012, is now valid until January 2016.
Based on the positive results obtained during the initial phase of the exploration program Frontier requested the licence extension to allow the Company time to collect additional soil gas samples for geochemical analysis and to acquire 2D seismic data over the blocks prior to the commencement of any drilling program.
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Frontier Resources International
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