Frontier Resources has a two-year extension

Frontier Resources reports that Namibia’s Minister of Mines and Energy has granted the company a two-year extension to its exploration licence covering onshore blocks 1717 and 1718 in the Owambo Basin. The original licence, awarded in January 2012, is now valid until January 2016. The licence extension will allow Frontier time to collect additional soil gas samples for geochemical analysis and to acquire 2D seismic data over the blocks prior to the commencement of any drilling programme.