Mr. David Bending reports

GUYANA FRONTIER REPORTS DRILLING RESULTS FROM FAVOURABLE LAKE PROJECT

Guyana Frontier Mining Corp. has released the results of a diamond drilling program on the Borland Lake target area at the Favourable Lake project in Ontario, Canada. The Favourable Lake project, located approximately 200 kilometres north of Red Lake, Ont., is a joint venture between Guyana Frontier, which holds a 70.3-per-cent interest, and Gold Canyon Resources Inc., which holds a 29.7-per-cent interest.

The 2011 drilling program successfully achieved the objective of testing a historical silver mineralized zone, last drilled by a previous operator in 1987. Two holes totalling 236 metres were completed from the ice of Borland Lake, targeting the location of the mineralized zone as interpreted from filed assessment reports, and from the interpreted results of Guyana Frontier's 2008 Titan 24 geophysical survey.

                MINERALIZED INTERSECTIONS FROM 2011 BORLAND LAKE DRILLING

Hole        From (m)  To (m) Interval (m) True width (m) Ag (g/t) Au (g/t)  Pb (%)  Zn (%)

B-11-01       76.80   90.80        14.00           7.70      291     0.73    0.46    0.55
including     76.80   79.75         2.95           1.62       37     0.05    0.02    0.21
and           79.75   90.80        11.05           6.08      365     0.92    0.58    0.75
and           92.10   96.00         3.90           2.15       31     0.89    0.03    0.12
and          105.60  108.90         3.30           1.82       38     0.22    0.04    0.09
B-11-02       23.80   64.50        40.70          30.53       99     1.03    0.25    0.29
including     23.80   49.00        25.20          13.86       33     0.12    0.04    0.08
and           49.00   64.50        15.50           8.53      285     1.63    0.28    0.69
and           49.00   56.14         7.14           3.93      106     0.37    0.10    0.26
and           56.14   64.50         8.36           4.60      438     2.99    5.90    1.06
and           67.70   73.70         6.00           5.40       93     0.51    0.19    2.70

Cut-offs for averaged samples were 10.0 grams per tonne silver, or in the absence of 
significant silver values, 0.5 gram per tonne gold. The values reported herein reflect 
reassaying with assay standards certified for the range of gold values reported in hole 
B-11-02.

Hole B-11-01 encountered silver, gold, lead and zinc mineralized veinlets, disseminated sulphides and breccias from 76.8 metres to 90.8 metres within siliceous metagreywacke and quartzite rocks, and in two other mineralized intervals between 92.1 and 108.9 metres downhole. Sulphides containing argentite (a silver-bearing halide mineral) were noted in the core, with accompanying sphalerite, pyrrhotite and pyrite. The estimated true width of the mineralized interval was 7.7 metres (25.26 feet), which averaged 291 grams per tonne (8.49 ounces per ton) silver, including 365 grams per tonne (10.65 ounces per ton) silver over 6.08 metres (19.94 feet). Minor values of gold, lead and zinc were also encountered.

Hole B-11-02 was collared approximately 84 metres from hole B-11-01 and intersected mineralized zones at downhole depths of 23.8 metres to 64.5 metres, and from 67.7 metres to 73.7 metres. Mineralization was again observed within siliceous metagreywacke and quartzite rocks with notably higher silver and gold values than were seen in B-11-01, averaging 99 grams per tonne (2.89 ounces per ton) silver and 1.03 grams per tonne gold over an estimated true width of 30.53 metres (100.14 feet), which included 285 grams per tonne (8.3 ounces per ton) silver and 1.63 grams per tonne (0.05 ounce per ton) gold over 8.53 metres (27.98 feet), and 438 grams per tonne (12.78 ounces per ton) silver and 2.99 grams per tonne gold (0.09 ounce per ton) over 4.6 metres (15.1 feet). Pegmatites were observed cutting through the mineralized zones, from 64.5 metres to 66.24 metres, for example.

A review of the results and re-examination of the 2011 drill core have prompted Guyana Frontier to complete additional sampling to potentially extend the intervals of mineralized material. The results from this additional sampling will be reported when available. Guyana Frontier is also testing selected core samples from the 2011 drilling program for bulk resistivity/conductivity response to better interpret the results of the 2008 Titan 24 geophysical survey. The integration of geophysical and geological information gained in the last three years is expected to generate high-priority drill targets for the 2012 winter exploration season.

Analytical methods

Core samples were collected by diamond saw cutting and transmitted in secure custody to Activation Laboratories Ltd.'s preparation facility in Red Lake, Ont. They were subject to fire assay preconcentration and AA finish to determine gold concentrations, gravimetric finish to confirm gold values exceeding 1,000 parts per billion and silver values exceeding 100 parts per million, total (four-acid) digestion and assay for lead, zinc, and copper followed by ICP analysis for a suite of 36 elements.

David Bending, MSc, PGeo, president and chief executive officer of Guyana Frontier, is a qualified person as defined in National Instrument 43-101. He is responsible for and has reviewed all technical information contained in this news release.

We seek Safe Harbor.