Preliminary Economic Assessment

Frontier announced a positive Preliminary Economic Assessment for its Zandkopsdrift Rare Earth Project in South Africa in February 2012

Preliminary Economic Assessment - Report View

Preliminary Economic Assessment - Presentation View

Preliminary Economic Assessment - Press Release  View

Preliminary Economic Assessment discussion - BNN (21st Feb 2012)

The PEA was carried out by Venmyn Rand (Pty) Ltd ("Venmyn"), one of South Africa’s leading independent advisors specialising in the technical and economic evaluation of mineral projects, with contributions from a number of specialist consultants, including The MSA Group ("MSA") for resource estimation, Sound Mining Solution ("SMS") for the optimised mine design and mine schedule, SGS Minerals Services ("SGS") for metallurgical flow sheet development, and SNC-Lavalin (Pty) Limited ("SNC") for engineering design and capital and operating cost estimates. All dollar amounts are in U.S. currency.