Fortress Minerals Corp.
TSX VENTURE : FST

Fortress Minerals Corp.

February 01, 2007 15:48 ET

Fortress Minerals Corp.: Winter Road to Svetloye Completed Ahead of Schedule, Mobilization Underway

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 1, 2007) - Fortress Minerals Corp. ("Fortress" or "the Company") (TSX VENTURE:FST) is pleased to announce that the winter road from Okhotsk to the Svetloye Project has been completed. Mobilization of fuel and supplies to support the planned 11,000 metre drill program and 6,000 metre trenching program is underway.

The winter road was completed on January 29th and well ahead of schedule. Mobilization of more than 1,000 tonnes of fuel and supplies to support the 2007 drilling and trenching programs is now underway with eleven Ural haul trucks engaged in the effort. In addition, two diamond core drills (of four drills planned for the 2007 program) are currently being mobilized to site from the city of Khabarovsk via MI-26 helicopter.

Ron Hochstein, President of Fortress Minerals, commented, "The completion of this years winter road ahead of schedule is a clear indication that investments in equipment and personnel made to date by the Company are paying solid dividends on the ground. The Company has made great strides in the past two years in our Russian operations having risen from a relatively unknown newcomer to both industry and government regulatory authorities, to a well known and respected minerals company in the region today."

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 Information

  • Fortress Minerals Corp.
    Sophia Shane
    Corporate Development
    (604) 689-7842