Fortress Minerals Corp.

Fortress Minerals Corp.

May 07, 2008 17:20 ET

Fortress Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 7, 2008) - Fortress Minerals Corp. (TSX VENTURE:FST) ("Fortress" or "the Company") reports that Mr. Tom Bowens, VP Exploration, has resigned from the Company to pursue other interests and endeavours.

The Board of Directors would like to thank Mr. Bowens for his contribution to the advancement of the Svetloye gold project in Russia.

The Company is in the process of expanding its technical team in view of the strategic alliance with Gazprombank to explore and acquire additional large-scale gold projects in Russia as well as the growing importance of the Company's Svetloye gold project.

An extensive drill program is currently underway at Svetloye utilizing three drill rigs.


Ian Slater, President and CEO

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