Fremont Gold Ltd. announced the appointment of Jason Libenson to Fremont's Board of Directors with immediate effect. Based out of Toronto, Jason Libenson is the President and Chief Compliance Officer at Castlewood Capital Corporation, an independent investment bank in the Canadian small to mid-size capitalization market. Jason has served as an independent director on the boards of various TSX-V companies and is licensed by the Canadian Securities Institute.

Mr. Libenson holds a Bachelor of Commerce degree from John Molson School of Business at Concordia University, with a specialty in international business. Alan Carter has elected to resign from the Board of Directors to pursue other opportunities but will continue his involvement with Fremont as a member of the Company's Advisory Board. On behalf of the Board of Directors and the Company's shareholders, Fremont wishes to thank Dr. Carter for his contribution to the Company as a founding shareholder and his ongoing efforts directed at advancing the Company.