Fortress Minerals Corp. ("Fortress" or "the Company") is pleased to announce that an 11,000 metre drilling program has commenced at the Svetloye Gold Project in the Russian Far East. Plans are to begin the 2007 drilling program utilizing two diamond drill rigs and then add two more diamond drills in late spring.
Drilling will concentrate initially on extending the Elena mineralized zone to the northeast beyond drilling completed in 2006 as well as continue drilling at the Tamara target. Once the additional rigs are mobilized to site, drilling will begin on the additional five target areas within the Svetloye property. Mobilization of fuel and supplies to support the aggressive 2007 drilling program continues with more than 500 tons of fuel and 100 tons of supplies delivered to site thus far.
ON BEHALF OF THE BOARD
Ron F. Hochstein, President
This news release contains forward-looking statements concerning the Company's plans for its properties. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to political risks involving the Company's exploration and development of its properties, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties, including those described in the Company's periodic filings with the British Columbia Securities Commission. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not intend to update this information and disclaims any legal liability to the contrary.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contact:
Sophia Shane
Fortress Minerals Corp.
Corporate Development
(604) 689-7842
Website: www.fortressminerals.com
Source: Fortress Minerals Corp.
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