Mr Walter Henry president and CEO of Frontline Gold Corporation announced that the TSX Venture Exchange has approved the sale of Frontline's 50% interest in the Jubilee Zinc Lead Project. The TSX Venture Exchange issued final approval to both Frontline and Merrex Gold Inc for the sale of Frontline's 50% interest in the Jubilee Zinc Lead Project and related surface rights to Merrex for USD 500,000 to be paid by the issuance of 1,000,000 common shares of Merrex at a deemed issue price of USD 0.50 per share. Frontline is related to Merrex by way of common directors. The transaction was approved by Frontline shareholders in a general meeting on September 30th 2010. Mr Walter Henry said that "As I have previously stated, I am transitioning Frontline into a pure gold corporation. Frontline has the Niaouleni Gold Project in West Mali, an expanding land position contiguous to Eldorado's Efemcukuru in Turkey, the Poly and Stewart gold properties in British Columbia and the Red Lake gold prospects in Ontario. With the sale of Jubilee for shares of Merrex, Frontline now has an equity investment in the continuing expansion of Merrex's Siribaya Gold Project in West Mali."

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