Mr. Walter Henry reports

FRONTLINE ANNOUNCES IDENTIFICATION OF NEW TARGETS RESULTING FROM RECENT INTERPRETATION AND COMPILATION OF REGIONAL AND LOCAL GEOPHYSICAL SURVEYS AT ITS PAINT LAKE ROAD JOINT VENTURE

Recent published work by Bold Ventures Inc. (see Bold press release dated April 18, 2023) on its property adjacent to Frontline Gold Corp.'s Paint Lake Road joint venture (PLR JV) property has been incorporated with past work filed in the Ontario government assessment database and has identified a strong northwest-southeast-trending structure which crosses the PLR JV property. The structure is typified on the Bold property airborne magnetic survey as an easily recognized magnetic low which appears to displace known EM anomalies and stratigraphy. Frontline staff used the results from this survey to project features of interest onto the PLR JV ground. These include not only the magnetic break described herein but also strong airborne VTEM anomalies. Further examination of past geophysical work identified the same magnetic low crossing ground to the southeast of the PLR JV property.

Highlights

• Work by Bold Ventures Inc. on its adjacent property to the north of the Paint Lake Road joint venture property (PLR JV) indicates prospective targets related to the extension of anomalies into the PLR JV property.
• Recently interpreted northwest-trending magnetic low anomaly combined with the PLR JV property database has more accurately positioned the location of prospective gold targets for ground follow-up work.
• A proposed prospecting and mapping campaign is planned to explore these areas in the summer of 2023.

The Paint Lake Road joint venture press release dated Nov. 22, 2022, described ground VLF EM anomalies which appear to align with a number of these VTEM anomalies.

In discussing VTEM anomalies within the magnetic low feature Bold consulting geophysicist Scott Hogg states: "The weak magnetic lineaments that bound the (VTEM) conductor to the SW and NE are evident in the profile presentation. This is the only anomaly identified that presents a weak linear conductor, in a magnetic low bounded by parallel weakly magnetic linears; a combination considered favourable for gold association."

The magnetic break on the PLR JV property to be associated with displaced magnetic highs and with topographic features which align with the structure. It appears that the shear zone has over one kilometre of strike length on the PLR JV property. The strike of the shear zone appears to align with the location of the Mishi pit of Wesdome approximately five kilometres to the southeast.

A program of prospecting, sampling, ground geophysics and geological mapping followed up by drilling as indicated has been prepared for the 2023 summer season and is set to begin as soon as logistics can be arranged.

About the Paint Lake Road JV

The project is a 50/50 joint venture with Frontline Gold Corp. (TSX-V: FGC) and Advance United Holdings Inc. subsidiary Talisker Gold is the operator.

The PLR JV property is located in the Wawa area approximately five kilometres from the Mishi open pit of Wesdome Mining. The property is a 50/50 joint venture between AUHI and Frontline Gold. The property comprises 65 claims (1,460 hectares) situated along the northeasterly trending Pukaskwa/Iron Lake shear zone. The claims are reported to be underlain by granitic rocks but the presence of airborne magnetic anomalies and the cross-cutting shear zone suggest complications. More information on the geology and targets on the PLR JV property can be found in the press release dated Nov. 22, 2023.

"We are pleased to report new targets on the PLR JV property as a result of these regional interpretations. Often these regional structures can act as a control on gold mineralization and provide additional support for our drill target generation," states Jim Atkinson, PGeo and chief executive officer of Advance United.

About Frontline Gold Corp.

Frontline is a Canadian junior mineral exploration company. The company's core properties include the Crooked Pine gold project (Ontario), Copperlode project (Ontario), the Flint Lake and Kakagi Lake gold project (Ontario), and the Route 109 gold project and the NE Bachelor Lake gold project, which are both in the Abitibi region of Quebec, and the Menderes gold project in the Izmir province of Western Turkey. Other Canadian exploration properties include other gold property groups in Ontario and include the Whitehorse Island mining patents.

Frontline continues to actively seek projects, and additional investor/partner(s) in order to continue to build upon its properties and net smelter return royalties

Qualified person

James Atkinson, MSc, PGeo, a qualified person (QP) as such term is defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the geological information reported in this news release. The qualified person has not completed sufficient work to verify all historic information on the property, particularly with regard to historical sampling, drill results, and technical work provided by Noranda and others. The qualified person assumes that sampling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the property but may not be representative of expected results.

We seek Safe Harbor.