Investor's Digest of Canada Voted the World’s Best Investment Advisory February 2, 2007 Vol.39, No.3 Article “Returns on gold and silver surpass most others again” By John Embry Page 1&3 Excerpt from article reporting on Frontier Pacific Mining Corporation, located at end of article, John Embry said: “Switching to stocks, a company that has exposure to both gold and uranium is Frontier Pacific Mining Corp. (FRP-TSX/VEN, $0.70, 604-717-6488,
www.frontierpacific.com), which has flown under the radar for some time because of permitting issues on its Greek gold project. But, things are improving on that front at the same time that its Peruvian uranium-exploration play is gaining credence. The Perama gold project in Greece appears to be extremely robust with a 43-101 technical report from Roscoe Postle Associates indicating a mineral resource of 11.7 million tonnes grading 3.62 grams per ton gold and 8.2 grams of silver. A near-surface oxide deposit of over 1.3 million ounces with an extremely low strip ratio of 0.4-to-one makes the project quite compelling if environmental approval is granted, thus facilitating the permitting process. On the uranium front, the company has a 50 per cent option on large surface-uranium prospects in southern Peru, and in conjunction with its partner Solex Resources, a 20,000-metre drilling program is underway. Frontier Pacific has a robust treasury with considerably more than $10 million on the balance sheet and strong management headed by CEO Peter Tegart. With gold and uranium continuing to have very favorable outlooks, Frontier Pacific should come into its own in 2007.” __________________ John Embry is chief investment strategist at Sprott Asset Management. Sprott funds may hold above-noted securities. For Sprott fund holdings, see
www.sprott.com. The opinions expressed in this article are those solely of the author. About John Embry: One of Canada’s most prominent “gold bugs”, John Embry oversaw the remarkably successful Royal Precious Metals Fund for more than two decades. He brings Investor’s Digest readers a unique and fascinating perspective on the precious metals market.