1

TSX-V: FGC

Niaouleni Gold Project, MALI

3

Legal Disclaimer TSX-V: FGC

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained on this presentation. This presentation includes certain “forward-looking statements”. All statements other than statements of historical fact included on this presentation including, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives of Frontline Gold Corporation, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Frontline’s expectations include, among others, risks related to operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold and other precious or semi-precious metals. Although Frontline has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Frontline does not assume any obligation to update forward-looking information if situations, results, management opinions or beliefs change. Unless otherwise stated, all references to currency made in this presentation are in Canadian dollars.

NI 43-101 Disclosure Technical information contained in this presentation regarding Frontline’s Niaouleni Project in Mali has been prepared by or under the supervision of the Company’s independent mining consultant, Dr. David J. Patrick, BSC, PhD, FIMMM, FAusIMM & Sr. Geologist with ACA International Ltd., who is a ‘Qualified Person’ for the purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (“NI 43-101”). He has verified the data comprising such technical information, including sampling, analytical and test data underlying the information or opinions contained therein. Certain information in this presentation has been taken from Technical Reports prepared by Frontline’s independent mining consultant. The Technical Reports have been filed with various Canadian securities commissions on SEDAR under NI 43-101. The complete reports can be found in Frontline’s filings at www.sedar.com. The Technical Reports are intended to be read as a whole and sections should not be read or relied upon out of context. The reports contain the expression of the professional opinions of the authors, based upon information available at the time of preparation. Any reliance on the Technical Reports by any third party shall be entirely at their own risk. Frontline takes no responsibility and accepts no liability whatsoever for any loss arising from any use of or reliance on the Technical Reports by other parties. The Technical Reports are based, in part, upon information believed to be reliable from data supplied by Frontline and other consultants engaged by Frontline. Such information has been reviewed, verified (including sampling, analytical and test data) by Frontline’s ‘Qualified Person’ or by other such independent consultants.

4

Niaouleni – Mali, W. Africa

1

TSX-V: FGC

Q3’09 – acquired 100% Niaouleni Project from Société Touba Mining SARL (local Malian firm)

Purchased for approx. ~$1.4 Million (7 MM shares + $150k cash)

Subject to 5% NPI and 2% NSR (both owned by vendor); Malian government can earn up to 20% interest (10% free carried, 10% participative)

Aug. 29, 2010 – updated NI 43-101 Technical Report identified numerous drill targets (www.sedar.com)

Total land position of 94 km2

Located approx. 150 km SW of capital city, Bamako

Accessible by paved highway

Situated on 12 km long gold anomaly & structure

Extensive historical artisanal gold workings

Active gold exploration projects in immediate vicinity:

African Gold Group Inc’s (TSX-V: AGG) Kobada Project, >2.5 MM oz Inferred

Golden Rim Resources Ltd’s Faraba Property

5

Niaouleni – Mali, W. Africa

2

TSX-V: FGC

6

Niaouleni – Exploration

3

TSX-V: FGC

~$2.5 Million Spent

Aimed to delineate mineralization more accurately in known areas & complete preliminary testing of newly identified anomalous areas remote from known mineralization

13,922m RC drilling completed to date

31 DDH of 4,243m (full assay results provided in FGC News Release dated Feb. 22, 2011 and October 12, 2011)

A new gold discovery, a 400m long strike interval carrying gold in the bedrock. The structure is still open to the west, Hole N-11-RC-122 shows a gold intersection of 1.95 g/t Au over 4.0 m. Other notable assays of 1.04 g/t Au over 2m, 0.71 g/t Au over 4m, 1.66 g/t Au over 1m and 0.59 g/t Au over 3m were intersected (full assay results provided in FGC news release dated April 7, 2011 and October 12, 2011)

7

Niaouleni YTD Work

4

TSX-V: FGC Lebre Plateau, Niaouleni South & Kankou Moussa gold mineralized strike length of 1,400 m x width of 95 m

8

Niaouleni Exploration Potential

5

TSX-V: FGC

Located in the prolific West African gold belt

Contains all indicators of significant Au discovery

Multi-million ounce potential

Large land area relative to surrounding properties

Strategically located along major inferred structure

5km from Africa Gold Group’s >2.5MM oz Kobada discovery

Real potential to consolidate land packages

Significant Au geochemical anomaly

Extensive gold workings

Source: Golden Rim Resources Ltd. (ASX: GMR) August 31, 2010 Presentation

9

Niaouleni History

6

TSX-V: FGC 1990 – 1999: Principal modern work was conducted by Mink

Resources Inc.

Approx. $6.9 Million previously spent (up to April 1998); Over 5,000 m of historic drilling

Conducted extensive mapping, pitting, trenching, geophysical surveys & limited drilling

4 principal areas of eluvial & hard rock gold mineralization were delineated:

• Lebre Plateau: contains Au mineralization zones up to 25 m wide; artisanal workings principally distributed within N-NE trending zone ~500 m x 350 m

• Niaouleni South: comprises series of discontinuous, auriferous quartz veins distributed along 900 m x 200 m N-NE zone

• Kankou Moussa: mineralized zone extends in NE trend ~1.4 km x 1-200 m, along orthogonal ~900 m x 250 m E-NE trend

• Goingoindougou: N trending, 520 m x 60 m -100 m zone Au-bearing quartz stock works & veins

1993: Mink completed 21 reverse circulation (RC) holes totaling 2,053 m

1996/1997: Mink drilled 3,252 m in 27 holes

10

Niaouleni History Cont’d

7

TSX-V: FGC

1998: Mink announced the following historical “reserves” (Non NI 43-101 Compliant) based partly on pits, trenches, RC drilling and diamond drilling(1):

While the historical reserves can not be relied upon, ACA Howe believes historical work provides indication of project’s exploration potential & extent of gold mineralization

Historical database will be focus of future exploration by Frontline Gold Corp.

(1) NI 43-101 Technical Report by ACA Howe International Ltd (August 2010)

Notes:

12

Contact Us TSX-V: FGC

Corporate Head Office

1 Toronto Street, Suite 201, Box 10 Toronto, Ontario, M5C 2V6

www.frontlinegold.com

info@frontlinegold.com

Walter Henry President & CEO (416) 362-9100 ext: 203