Fortune River Resource Corp.

Fortune River Resource Corp.

June 05, 2006 12:14 ET

Fortune River Resource Corp.: Drilling Begins at Fortune River's Highland Project in Nevada

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 5, 2006) - Fortune River Resource Corp. (TSX VENTURE:FRX)(FWB:RG7A) today reported that drilling has commenced at its Highland low-sulphidation property located in the Walker Lane Gold trend of western Nevada. Newcrest Resources Inc., a subsidiary of Australian-based Newcrest Mining Limited, is conducting the program as part of its earn-in for the project. The previously announced 5,000-metre drilling program (see news release dated January 20th, 2006) is expected to consist of two phases. Phase I is now underway and will include relatively shallow reverse-circulation drill holes that will test for new shoots of high-grade gold and silver under thin alluvial cover. Phase II, scheduled for later this summer or early fall, is expected to consist of deeper core drill holes for which a principal target will be expansion of a zone where prior drilling encountered 1.5 metres of 66.9 g/t gold and 397.7 g/t silver within an 12.2 metre intercept of 9.5 g/t gold and 109.4 g/t silver (see news release dated December 12, 2003).

Newcrest can earn a 70% interest in Highland by spending US$5.0 million and producing a prefeasiblity study by the fifth anniversary of the agreement (see news release dated November 2nd, 2005).

About Fortune River Resource Corp.

Fortune River Resource Corp. is exploring for high-grade gold deposits within two prolific gold producing geologic provinces, Nevada and Ontario. The low-sulphidation Highland, Baxter, Mud Springs, Buz and recently acquired Wind Mountain projects in Nevada and the Archaen-vein Drayton project in Ontario, all have significant high-grade gold potential.

Joseph Anthony Kizis, Jr., (P.Geo) is the Qualified Person responsible for reviewing the technical results for the Nevada projects reported in this release.

On behalf of the Board,

Joseph Anthony Kizis, Jr. President

Fortune River Resource Corp.

We seek safe harbour.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

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