VANCOUVER,
BRITISH COLUMBIA--(Marketwire - Jan. 18, 2010) - Fortress Minerals Corp. (TSX VENTURE:FST)
("Fortress") is pleased to announce the completion of the 310 kilometre
winter road to the Svetloye Gold Project in the Russian Far East and the
commencement of mobilization to site of fuel and supplies to support the 2010
program. A total of 400 tonnes of diesel fuel and 200 tonnes of supplies are
being shipped via the winter road to support the planned 6,000-metre drill and
3,000-metre trenching program. Mobilization is planned for completion by March
15th, with drilling to begin in early May.
The
Svetloye Project consists of nine prospects that occur over a linear distance
of eight kilometres. Prior to the 2009 drilling and trenching programs, the
total inferred resources at Svetloye, including the Elena, Amy and Tamara
prospects was estimated at 20.1 million tonnes grading 2.21 g/t gold containing
1.428 million ounces of gold (see Press Release dated April 23, 2009).
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.
ON BEHALF OF THE BOARD
Lukas H. Lundin
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.
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.