Guyana Frontier Extends Warrants

VANCOUVER, May 3 /CNW/ - Guyana Frontier Mining Corp. ("Guyana Frontier" or the "Company") has received consent from the TSX Venture Exchange ("TSX-V") to extend the expiry date of two separate issuances of common share purchase warrants, as initially announced in Guyana Frontier's news release dated April 28, 2011.

Guyana Frontier has extended the expiry date of 500,000 common share purchase warrants of the Company (the "First Extended Warrants"), whereby the First Extended Warrants will now expire on May 13, 2012, with all other terms and conditions, including the exercise price of $1.20 per share, remaining unchanged.

Guyana Frontier has also extended the expiry date of 641,750 common share purchase warrants of the Company (the "Second Extended Warrants"), whereby the Second Extended Warrants will now expire on May 14, 2012, with all other terms and conditions, including the exercise price of $1.20 per share, remaining unchanged.

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

SOURCE Guyana Frontier Mining Corp.

For further information:

For further information about Guyana Frontier, please visit our website at www.guyanafrontier.com or contact Warren Stanyer, Chairman and Chief Operating Officer, or David A. Bending, President and CEO, at 604-533-9288.

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Guyana Frontier Mining Corp.

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