FairPoint Communications FRP

FRP raises $14 million

[lhynes]

FRONTIER PACIFIC MINING CORPORATION (TSX-V: FRP) Suite 100, 3rd Floor, 853 Richards Street Vancouver, BC, Canada V6B 3B4 Ph: 604-717-6488 / Fax: [phone] www.frontierpacific.com / [e-mail] 14 Million Dollars raised from Exercise of Series B Warrants and First Phase Drilling completed, Sayaña Prospect, Macusani Project, Peru Vancouver, British Columbia – April 10, 2006 – Frontier Pacific Mining Corporation, (TSX-V: FRP) (“Frontier Pacific” or the “Company”), is pleased to announce that a total of $14,079,340 (fourteen million seventy-nine thousand three hundred forty dollars) was raised by the Company from the exercise of 25,598,800 Series B Common Share Purchase Warrants at a price of $0.55 per common share. This represents 94% of the available 27,038,800 million Series B Warrants which expired on April 5, 2006. At the Macusani Uranium Project (the “Macusani Project”) in Southern Peru, the Company is pleased to announce that the initial phase of diamond core drilling consisting of 8 holes was completed on the Sayaña Prospect. The drilling tested an area 100 metres by 50 metres to a depth of approximately 30 to 50 metres. Previous trenching returned near-surface mineralization values as high as 0.479% over 4 metres, 1% Uranium over 5 metres, 0.195% over 8 metres, and 0.132% over 14.5 metres. Assay results from drilling will be released on receipt from Activation Laboratories Ltd in Ancaster, Ontario, Canada. Down-hole radiometric surveys will be carried out to further evaluate and correlate with assays the extent of the mineralization. The drilling will assist in establishing potential grade and continuity of the uranium mineralization. The drill is being mobilized to Calvario 1 Prospect located approximately 16 kilometres to the north of the Sayaña Prospect. A total of 12 core holes are planned to test exposed uranium mineralization as well as a strong over-limit AlphaTrack radon anomaly. The Puncopata and Agaton targets will also be tested by diamond drilling. Mohan R. Vulimiri, M.Sc., P. Geo., Chairman of Frontier Pacific is the person responsible for initiating and guiding the Macusani Project. Brian Malahoff, B.Sc., P.Geo. is responsible for the direct, on-site, supervision of the drilling. Mr. Vulimiri and Mr. Malahoff are qualified persons in accordance with National Instrument 43-101 guidelines. Peter Tegart, President of Frontier Pacific, a Qualified Person, is responsible for the contents in this press release. About Frontier Pacific Frontier Pacific is a mineral exploration and development company based in Vancouver, British Columbia. The Company holds an option to earn a 50% interest in the Macusani Project from joint-venture partner Solex Resources Corp. (TSX-V: SOX) The Company’s other holdings are a 100% in the advanced Perama Hill gold project in Greece, options on the Dixie Creek gold project in Nevada. For further details on Frontier Pacific Mining Corporation, please visit the Company’s website at https://www.frontierpacific.com. On behalf of the Board of Directors “Peter F. Tegart” Peter F. Tegart, P.Geo., President This press release contains forward-looking statements that involve risks and uncertainties. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the contents herein.