Fortress Minerals Corp.
TSX VENTURE : FST

Fortress Minerals Corp.

August 26, 2009 11:39 ET

Fortress Intercepts 26.5 Metres Grading 9.24 g/t Gold at the Elena Prospect; 129.4 Metres Grading 1.04 g/t Gold and 75.5 Metres Grading 1.31 g/t Gold at the Amy Prospect, Svetloye Project Russia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 26, 2009) - Fortress Minerals Corp. ("Fortress") (TSX VENTURE:FST) is pleased to announce the latest results from diamond drilling at the Amy, Elena, and Tamara prospects, Svetloye Project Russia. Results include drill hole PDSC-273 from the Elena prospect that intercepted 50.5 metres (from 11.6 to 62.1 metres) grading (uncut) 5.36 grams per tonne (g/t) gold including 26.5 metres (from 32.9 to 59.4 metres) grading (uncut) 9.24 g/t gold and a cut grade of 4.50 g/t gold and 7.59 g/t gold respectively (reducing assays in excess of 30 g/t to 30 g/t). Drill results from the Amy prospect include hole PDSC-264 that intercepted 129.4 metres (from 8.0 to 137.4 metres) grading 1.04 g/t gold, and hole PDSC-262 that intercepted 75.5 metres (from 0.0 to 75.5 metres) grading 1.31 g/t gold. Of additional significance was hole PDSC-263 from the Tamara prospect that intercepted 96.6 metres (from 27.3 to 123.9 metres) grading 0.48 g/t gold.

Mr. Lukas Lundin, President and CEO of Fortress Minerals, commented, "We are very pleased to see the continued expansion of the Amy, Elena and Tamara zones. All targets remain open for further growth and we look forward to more drilling success in our ongoing program."



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Gold Silver
TD From To Width grade Grade
Hole Area (m) (m) (m) (m) (g/t) (g/t)
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PDSC-253 Amy E 235.5 no significant intercepts
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PDSC-254 Amy 221.0 no significant intercepts
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PDSC-255 Amy 223.2 103.1 123.9 20.8 0.47 2.7
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Including 109.8 115.2 5.4 0.81 3.2
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PDSC-256 Amy 223.2 0.0 30.0 30.0 0.57 less than 1
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Including 23.0 28.2 5.2 1.92 approx. 1
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And 56.4 100.9 44.5 0.80 less than 1
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Including 58.8 79.8 21.0 1.23 less than 1
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PDSC-257 Amy 136.0 10.4 53.1 42.7 0.35 6.9
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Including 10.4 15.7 5.3 0.58 2.1
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PDSC-258 Amy 162.0 49.5 54.9 5.4 0.58 3.1
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And 124.5 137.6 13.1 0.73 less than 1
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PDSC-259 Amy 139.0 34.0 81.3 47.3 0.68 8.1
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Including 47.2 62.1 14.9 0.92 1.6
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Including 66.7 80.0 13.3 0.90 4.5
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PDSC-260 Amy 171.0 111.8 122.0 10.2 0.87 1.8
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PDSC-261 Amy 82.0 0.0 6.8 6.8 0.29 7.2
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PDSC-262 Amy 161.0 0.0 75.5 75.5 1.31 2.6
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Including 10.8 50.4 39.6 1.71 3.9
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Including 62.0 75.5 13.5 1.65 less than 1
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And 83.9 92.8 8.9 0.53 less than 1
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PDSC-263 Tamara 130.0 27.3 123.9 96.6 0.48 less than 1
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Including 71.0 104.0 33.0 0.82 1.7
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Including 118.8 123.9 5.1 0.72 less than 1
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PDSC-264 Amy 149.0 8.0 137.4 129.4 1.04 less than 1
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Including 28.7 58.6 29.9 1.42 less than 1
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Including 69.8 131.0 61.2 1.18 less than 1
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PDSC-265 Amy 179.0 8.0 58.4 50.4 1.09 14.4
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Including 8.0 20.0 12.0 1.48 58.4
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Including 26.2 44.5 18.3 1.38 less than 1
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And 110.4 157.8 47.4 0.65 less than 1
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Including 112.7 120.0 7.3 1.25 less than 1
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PDSC-266 Tamara S 148.1 no significant intercepts
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PDSC-267 Tamara S 132.6 no significant intercepts
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PDSC-268 Amy 181.0 5.0 34.4 29.4 1.05 1.6
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Including 5.0 13.0 8.0 2.23 1.7
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And 45.4 74.2 28.8 1.25 less than 1
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Including 45.4 49.5 4.1 4.88 less than 1
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And 100.2 115.5 15.3 1.07 less than 1
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And 136.6 139.0 2.4 6.7 52.8
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PDSC-269 Elena 50.0 0.0 38.9 38.9 3.41 10.5
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PDSC-270 Amy 212.6 64.6 69.0 4.4 0.68 approx. 1
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And 99.8 154.5 54.7 0.58 1.5
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Including 109.3 114.2 4.9 2.52 6.9
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Including 134.0 138.2 4.2 0.86 2.2
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PDSC-271 Elena 123.6 0.0 27.3 27.3 3.61 2.0
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Including 0.0 23.2 23.2 4.19 2.2
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PDSC-272 Amy 221.0 no significant intercepts
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PDSC-273 Elena 150.1 11.6 62.1 50.5 4.50(i) 4.0
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Including 32.9 59.4 26.5 7.59(i) 6.5
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PDSC-274 Amy 224.0 19.9 29.6 9.7 1.01 2.1
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And 37.0 128.7 91.7 0.51 less than 1
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Including 69.2 75.0 5.8 1.64 approx. 1
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(i) values greater than 30 g/t Au have been cut to 30 g/t
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Note: All intercepts are core length and do not represent true widths of
mineralization. Cut-off grade for the intercepts vary to illustrate general
zones of mineralization within holes, and a 30 g/t cap grade is used.
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Earlier this year, Fortress completed an update to the previous 43-101 compliant mineral resource estimate for the Svetloye Project. Prior to the current drilling program, Fortress announced inferred resources at the Amy Prospect totalling 5.975 million tonnes averaging 2.43 g/t gold, containing 467,000 ounces of gold. This resource is based on a 10 g/t capped gold grade. This brought the total inferred resources at Svetloye, including Elena, Amy and Tamara to 20.103 million tonnes grading 2.21 g/t gold containing 1.428 million ounces of gold (see Press Release dated April 23, 2009).

The Svetloye Project consists of nine prospects that occur over a linear distance of eight kilometres. Gold is associated with extensive zones of vuggy silica, quartz-alunite and quartz-dickite-kaolinite alteration. This style of mineralization is common to Pierina, Veladero and other high sulphidation epithermal deposits. Fortress owns a 100% interest in the Svetloye Project.

James C. Ashleman, Chief Geologist, P. Geo., and a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical information contained in this news release.

ON BEHALF OF THE BOARD

Lukas H. Lundin, President and CEO

Note: To view the maps accompanying this press release please click on the following link: http://media3.marketwire.com/docs/FSTmaps.pdf

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.

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.

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