Fortress Minerals Corp.
TSX VENTURE : FST

Fortress Minerals Corp.

May 26, 2006 12:01 ET

Fortress Minerals Corp.: Work Underway Within Five Newly Acquired Exploration Licenses In Nicaragua

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 26, 2006) - Fortress Minerals Corp. ("Fortress" or "the Company") (TSX VENTURE:FST) is pleased to announce that work is underway on five newly acquired exploration concessions in Nicaragua (please see attached map). The concessions include a total of 109,482 hectares and were acquired based on field reviews completed during the past year. These concessions target areas with historic gold production within both shear zone hosted metamorphic gold and epithermal volcanic hosted gold systems. Current work includes stream sediment, rock chip and soil geochemical surveys, and geologic mapping. Drilling is tentatively planned to begin in the fall of 2006. In addition to the five concessions currently held, Fortress Minerals, through its subsidiary company Fortress de Nicaragua, has applied for an additional five concessions totalling 44,186 hectares.

The Company is working with Global Mine Discovery Partnership ("GMDP") on the Nicaragua properties. GMDP is responsible for identifying concessions for acquisition and is acting as Fortress' exploration manager in Nicaragua. GMDP will receive payments totaling $625,000 at various stages of development of a project and will receive a Net Smelter Return royalty of 0.5% if a property is brought into production.



Details of the exploration licenses are listed below:

Fortress de Nicaragua Concessions

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Total Number of
Concession Name Hectares Prospects Style of Mineralization
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La Argentina 21627 9 Low Sulfidation Epithermal
Gold
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El Carmen 3000 2 Shear Zone Hosted Metamorphic
Gold
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Murra 11679 2 Shear Zone Hosted Metamorphic
Gold
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La Jalapena 45528 5 Shear Zone Hosted Metamorphic
Gold
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Los Angeles 27648 4 Shear Zone Hosted Metamorphic
Gold
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Mr. Thomas Bowens, M.Sc., P.Geo., Vice President of Exploration, 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

Ron F. Hochstein, President

This News Release contains forward-looking statements. 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.

To view the map attached to this release please click on the following link: http://www.ccnmatthews.com/docs/0526fst.jpg

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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