Frontier Mining Ltd (AIM: FML), the AIM listed gold and copper exploration and development Company focused in Kazakhstan, announces its unaudited interim results for the six months ended 30 June 2009.

• $14 million financing completed comprising $4m equity placement and $10m debt facility
• Erlan Sagadiev appointed as Chairman and Chief Executive Officer of Frontier
• 29 holes totalling over 5,000 metres drilled under infill drilling program at Benkala.
• Technical and regional authority approval for electricity connection, site infrastructure and construction foundation works obtained for Benkala project
• Extended pilot production license at Naimanjal complex.
• Submitted application for commercial production at Naimanjal Complex and application for pilot production at Koskuduk, Beschoku and Yubileiny.

Post-Period End:

• £5m additional funding secured with YA Global Master SPV LTD, via a Standby Equity
• Distribution Agreement
• Cash balance of $1.2m in bank as at 30 September 2009

Benkala

• Construction begun on electricity connection and site infrastructure
• Infill drilling program now totals 54 holes with 6,700 metres drilled and over 4000 samples sent for assay

• Year-to-date income of US$1,570,000 from sale of 1,499 ounces of gold and 4,886 ounces of silver
• 109,004 tonnes of ore stacked at an average grade of 1.2 g/t as at 30 September (containing approx 4,050 ounces gold and 72,000 ounces of silver)
• Pilot production licences approved at local authority level

Erlan Sagadiev, Chairman & CEO of Frontier, commented: “The Company’s financing activities in the first six months of 2009 have laid a firm foundation for Frontier to concentrate on progressing development at its Benkala joint venture and continue further developing the Company’s income generating assets at Naimanjal. I am confident that the Company’s plans will continue to build significant shareholder value in the short to medium term and beyond.”