091028 tamara trench results - kitco · standardization and metrology "gosstandart" of...

FORTRESS MINERALS CORP. Suite #2101, 885 W. Georgia Street

Vancouver, B.C. V6C 3E8 Ph. (604) 689-7842

www.fortressminerals.com

NEWS RELEASE

FORTRESS INTERCEPTS 100.8 METRES GRADING 2.58 G/T GOLD INCLUDING 41.0 M GRADING 5.57 G/T GOLD AT THE TAMARA PROSPECT IN CHANNEL-CUT

TRENCH SAMPLES, SVETLOYE PROJECT RUSSIA

October 28, 2009 (FST-TSXV) Fortress Minerals Corp. (“Fortress”) is pleased to announce final results from the 2009 trenching program at the Svetloye Project, Russia. Trench PDTR-T7 from the Tamara prospect encountered 100.8 metres (from 39.2 to 140.0 metres) grading 2.58 grams per tonne (g/t) gold including 41.0 metres (from 58.0 to 99.0 metres) grading 5.57 g/t gold. All trench samples at the Svetloye project are channel samples collected by rock sawing a channel 5 centimetres in width continuously throughout the trench wall providing a consistent sample similar to a horizontal drill hole. Please see attached maps. The 2009 Svetloye trenching program was designed to provide increased continuity of sample data for resource definition within ore zones previously defined (see Press Release dated April 23, 2009), and to provide guidance to the 2009 and 2010 drill programs at Svetloye. Trenching was completed at five of the target areas identified at the Svetloye Project with encouraging results. See the attached table for a complete list of the 2009 trench results. 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. The Company plans to mobilize fuel and equipment to Svetloye over the winter months for next year’s program. In the meantime the Company will concentrate its exploration efforts on the Malmyzh copper-gold and Limonite copper-molybdenum properties. These properties, which are accessible by road from Khabarovsk, can be drilled during the winter months (see Press Release dated October 19, 2009). 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. A rigorous quality control program has been instituted involving insertion of certified standards and duplicate sampling. Samples are crushed and split on site with final sample preparation at the Irgiredmet Laboratory of Irkutsk, Russia (accredited by the State Committee of the Russian Federation for Standardization and Metrology "Gosstandart" of Russia). Assaying by fire assay is performed by the Irgiredmet Laboratory. 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. FOR FURTHER INFORMATION PLEASE CONTACT: Sophia Shane at 604-689-7842

5600 E 5700 E5300 E 5400 E 5500 E5200 E 5800 E 5900 E5100 E

5600 E 5800 E5700 E 5900 E5300 E 5400 E 5500 E5200 E5100 E

76

00

N7

50

0 N

74

00

N7

70

0 N

78

00

N7

90

0 N

73

00

N

76

00

N7

50

0 N

74

00

N7

70

0 N

78

00

N7

90

0 N

73

00

N

860m

850m

840m

830m

820m810m

800m

790m

780m

770m

760m

750m

740m

730m

720m

710m

700m

690m

680m

670m

880m

870m

870m

860m

850m

840m

870m

Intercepts g/t Au

1.00-1.99

0.5-0.99

0.1-0.49

>2.00

Drill Holes and Trenches2003/04 drill hole

2006/07 drill hole

2008 drill hole

2009 drill hole

2009 drill hole (results pending)

Trenches 2009

Trenches 2008

Trenches 2005

Trenches 2004

g/t Au/ metres

120 160 200 m40 800

FORTRESS MINERALS CORP.TRENCH RESULTS ELENA TARGET

SVETLOYE PROJECT, RUSSIA

MineralisedZone

Open

Open

Open

Open

PDSC-269

PDSC-271PDSC-278

PDSC-286

PDSC-290

PDSC-291

PDSC-292

PDSC-293

PDSC-289

PDSC-276

PDSC-284

PDSC-282

PDSC-275

PDSC-280

PDSC-273

PDSC-015

PDSC-007

PDSC-014

PDSC-009

PDSC-018

PDSC-013

PDSC-012

PDSC-001 PDSC-008

PDSC-016PDSC-006

PDSC-017

PDSC-010PDSC-011

PDSC-005

PDSR-001

PDSC-058

PDSC-048

PDSC-059

PDSC-061PDSC-056

PDSC-055

PDSC-041

PDSC-037PDSC-052PDSC-030

PDSC-060

PDSC-054

PDSC-035

PDSC-038

PDSC-029

PDSC-040

PDSC-062

PDSC-044

PDSC-045

PDSC-032

PDSC-036

PDSC-034

PDSC-047

PDSC-046PDSC-042

PDSC-033

PDSC-039

PDSC-031

PDSC-043PDSC-053

PDSR-005

PDSC-057

PDSR-003

PDSR-002

PDSR-004

PDSC-074

PDSC-083

PDSC-084

PDSC-122

PDSC-080

PDSC-073PDSC-097

PDSC-082

PDSC-076

PDSC-085

PDSC-088

PDSC-086

PDSC-087

PDSC-077PDSC-092

PDSC-095

PDSC-099PDSC-100


PDSC-102

PDSC-98

PDSC-101

PDSC-075

PDSC-078

PDSC-090

PDSC-063

PDSC-106

PDSC-107

PDSC-108

PDSC-109

PDSC-110PDSC-111

PDSC-112

PDSC-113

PDSC-114

PDSC-115

PDSC-116

PDSC-117

PDSC-121 PDSC-123

PDSC-120

PDSC-118

PDSC-119

PDSC-125

PDSC-124

PDSC-156

PDSC-154

PDSC-155

PDSC-151 PDSC-150

PDSC-163

PDSC-153 PDSC-152

PDSC-149

PDSC-126

PDSC-168

PDSC-174

PDSC-172

PDSC-194

PDSC-193

PDSC-178

PDSC-165

PDSC-170

PDSC-166

PDSC-175

PDSC-180

PDSC-183

PDSC-158PDSC-160

PDSC-161

PDSC-164

PDSC-159

PDSC-157

PDSC-162

PDSC-197

PDSC-196

PDSC-195

PDSC-206

PDSC-204

PDSC-209

PDSC-215

PDSC-210

PDSC-198

PDSC-202

PDSC-213 PDSC-199

PDSC-201PDSC-200

PDSC-212PDSC-211

PDSC-220

PDSC-223

PDSC-218

PDSC-229

PDSC-231

PDSC-225

PDSC-222

PDSC-228

PDSC-227

PDSC-226

1710

6-W

6-E

1-W

K-1

K-6

1-E

2-W

K-2

K-3 2-E

3-E

K-4

K-5

K-7

5-E

4-E

12

14

11

7-E

13

E-1

E1

E1-1

E3-1E3

E2

2.08/122.5

3.96/160.7

1.76/140.0incl. 2.60/58.0

1.02/65.0

1.28/98.3

1.45/137.4

2.17/94.0incl. 3.54/40.0

2.06/66.3incl. 4.89/23.3

1.06/15.9incl. 1.36/5.4

1.45/31.6incl. 2.46/7.2

6.76/160.2

6.93/150.6

7.28/130.0

3.51/111.0 0.19/23.6

2.38/113.3

5.72/35.0 2.74/150.0

Section N-7540

Section N-7500

Section N-7440

Section N-7470

Section N-7660

Section N-7400

Channel Samples Au (ppb)

15,000 to 171,800

3,000 to 15,0001,000 to 3,000

300 to 1,000< 300

Assays pending

430000E425000E420000E

64

90

00

0N

64

85

00

0N

430000E425000E420000E

64

85

00

0N

64

90

00

0N

LUDMILLA

TAMARANORTH

AMY

GORKEY

ELENA LARISSA

TAMARA TEX

ONEMNA

LARISSA SE

AlterationSvetloye License

0 5 km

Mineral Resource Estimate for the Svetloye Project43-101 resource estimate (* 0.5 g/t Au c ;

**April 23, 2009, 1.0 g/t Au Cut-off grade)Grade Contained oz.

Deposit Category Tonnage (g/t Au) (troy) AuElena Inferred 12,199,000 2.10* 823,735Amy Inferred 5,975,000 2.43** 467,112Tamara Inferred 1,929,000 2.22* 137,421Total 20,103,000 2.21 1,428,268

June 28, 2008, ut-off grade

1300 E 2300 E1800 E1700 E1500 E 1600 E1400 E 1900 E 2000 E 2100 E 2200 E

1300 E 2300 E1800 E1700 E1500 E 1600 E1400 E 1900 E 2000 E 2100 E 2200 E

9900 N

9800 N

1200N

0600N

0500 N

0400 N

0700N

0800N

0900N

1000N

1100N

0300 N

0200 N

0100 N

0000 N

9900 N

9800 N

1200 N

0300 N

0200 N

0100 N

0000 N

0600 N

90500 N

0400 N

0700 N

0800 N

0900 N

1000 N

1100 N

650

660

670

650

660

680

620

690

700

710

720

730

740

640

670

680

690

700

710

720

630

610

730

740

A22

A7

A7-1

A9

A-19

A6

A5

A4

K8

K9

A8

A8-1

A11

A12

A13

A14

A15

A16A17

A18

A1

A2-4

A3

A10

A2

A2

A10

A3-1

A24

A25

A24-1

A2-3

A23

A19-1

PDSC-171

PDSC-173

PDSC-176 PDSC-177PDSC-167

PDSC-169PDSC-235

PDSC-230

PDSC-237

PDSC-233PDSC-234

PDSC-236

PDSC-232

PDSC-246PDSC-279

PDSC-244

PDSC-243

PDSC-245PDSC-277

PDSC-242


PDSC-251

PDSC-249

PDSC-252PDSC-250

PDSC-285

PDSC-258

PDSC-260

PDSC-256

PDSC-264

PDSC-265

PDSC-262

PDSC-254

PDSC-270

PDSC-272PDSC-274

PDSC-268

PDSC-253

PDSC-283

PDSC-257PDSC-259

PDSC-261

PDSC-255

Trench SamplesGold (Au ppb)

0 - 300300 - 10001000 - 30003000 - 5000>5000

g/t Au/ metres

Drill Holes2004 drill hole

2009 drill hole2009 drill hole (results pending)

2008 drill hole

2006/2007 drill hole

2007 trench

2004 trench

2008 trench 2009 trench

Intercepts g/t Au>2.001.00 - 1.990.50 - 0.990.10 - 0.49

PDSC-089

PDSC-096


PDSC-026

PDSC-028

PDSC-027

0.47/10.4and 0.44/24.7and 0.43/24.3

1.19/5.0and 0.79/12.8

2.16/3.4

20.43/26.53.11/16.2

1.82/43.8incl. 4.11/13.5

5.69/27.3

1.03/16.0

2.68/30.0incl 9.75/6.0

0.27/20.0

2.15/105.0incl 4.70/37.0

2.91/43.5incl. 5.87/20.0incl. 9.07/7.8and 5.95/20.7incl. 12.44/9.5

0.66/60.5incl. 1.44/18.0

0.56/2.4

0.53/61.6

0.54/6.2and 0.45/8.7and 0.51/7.7

0.43/2.8

0.30/12.3and 0.29/8.6

0.30/3.0

3.65/7.3

1.75/66.8incl 12.31/6.0

100m0

FORTRESS MINERALS CORP.TRENCH RESULTS

AMY TARGETSVETLOYE PROJECT, RUSSIA

430000E425000E420000E

6490000N

6485000N

430000E425000E420000E

6485000N

6490000N

LUDMILLA

TAMARANORTH

AMY

GORKEY

ELENA LARISSA

TAMARA

ONEMNA

LARISSA SE


0 5 km

TEX

1600mE 1650mE1350mE 1800mE1700mE 1750mE 1850mE 1900mE1550mE1500mE1450mE1400mE

65

50

mR

L7

00

mR

L 3

50

mR

L 4

00

mR

L 4

50

mR

L 5

00

mR

L 5

50

mR

L 6

00

mR

L

65

0m

RL

70

0m

RL

35

0m

RL

40

0m

RL

45

0m

RL

50

0m

RL

55

0m

RL

60

0m

RL


1.32/62.5incl 3.59/9.0

3.33/111.2incl. 4.70/17.6& incl. 3.54/79.6 and 1.51/74.1incl. 2.72/34.6

1.61/117.5incl. 4.13/19.7and 1.25/33.5

0.52/152.1incl 1.40/13.5and incl. 4.10/4.6

Open

1.31/75.5incl. 1.71/39.6incl. 1.65/13.5and 0.53/8.9

13.89/25.0

2.15/105.0incl 4.70/37.0

TrenchA8-1

206.0m

220.0m

224.0m

176.0m161.0m

PD

SC

-236

PD

SC

-234

PD

SC

-262

PD

SC

-285

PD

SC

-249

PD

SC

-233

g/t Au/ metres

Trench A8

0 100m

Section N-0315 (Amy)Looking North

65

0m

RL

70

0m

RL

35

0m

RL

40

0m

RL

45

0m

RL

50

0m

RL

55

0m

RL

60

0m

RL

65

0m

RL

70

0m

RL

35

0m

RL

40

0m

RL

45

0m

RL

50

0m

RL

55

0m

RL

60

0m

RL



0.77/10.2and 1.35/4.5and 1.06/16.4and 29.60/2.4and 0.90/4.4

incl. 8.56/9.6and incl 3.37/18.5and 0.37/85.3and 4.77/12.4incl.10.36/5.3

2.62/60.8

1.04/129.4incl. 1.42/29.9incl. 1.18/61.2

1.09/50.4incl. 1.48/12.0and incl. 1.38/18.3and 0.65/47.4incl. 1.25/7.3

224.0m233.0m

179.0m

149.0m

g/t Au/ metres

PD

SC

-250

PD

SC

-252

PD

SC

-265

PDSC-264

0 100m

Section N-0360 (Amy)Looking North





8100 N

8200 N

8000 N

7900 N

7800 N

7700 N

8300 N

8400 N

8500 N

8600 N

8700 N

8800 N

7600 N

7500 N

4300 E4200 E4000 E3900 E 4100 E 4400 E 4500 E 4600 E3800 E 4700 E3700 E

8100 N

8200 N

8000 N

7900 N

7800 N

7700 N

8300 N

8400 N

8500 N

8600 N

8700 N

8800 N

7600 N

7500 N

4300 E4200 E4000 E3900 E 4100 E 4400 E 4500 E 4600 E3800 E3700 E 4700 E

810

800

790

820

810

830

840

850

860

870

880

790

780

770

760

750

740

800

780

770

760

750

740

730

720

710

70069

068067

0

66065

0640

820

830

730

720

890

900

910

g/t Au/ metres

100m0

K16

T6

T8

T12

T3

T5

T1

T12-1

T3-1

T5-1

T8-1T8

T7

1.67/16.0

1.22/27.3

0.46/24.2

3.90/50.5

0.60/5.0and 0.48/53.8

0.53/14.0

0.66/12.0and 0.37/54.0incl. 0.48/12.7

2.58/100.8incl. 5.57/41.0

PDSC-051

PDSC-049

PDSC-019

PDSC-070

PDSC-050

PDSC-065

PDSC-064

PDSC-071

PDSC-069

PDSC-067PDSC-081

PDSC-072 PDSC-079

PDSC-066

PDSC-068

PDSC-20

PDSC-263

PDSC-266

PDSC-267

PDSC-241

PDSC-127

PDSC-128

PDSC-147

PDSC-136

PDSC-132

PDSC-133

PDSC-135

PDSC-130


PDSC-148

PDSC-134

PDSC-143

PDSC-141

PDSC-137

PDSC-139

PDSC-142

PDSC-146 PDSC-145 PDSC-144

PDSC-140

PDSC-186

PDSC-181

PDSC-182

PDSC-184

PDSC-179

PDSC-187

PDSC-217 PDSC-219 PDSC-221

PDSC-224

Drill Intercepts (g/t Au)>2.001.00-1.990.50-0.990.10-0.49

2007 trench

2005 trench

2008 trench

Drill Holes/Trenches2004 drill hole

2008 drill hole

2006/07 drill hole

2009 drill hole

2009 trench

FORTRESS MINERALS CORP.

TAMARA TARGETSVETLOYE PROJECT, RUSSIA

TRENCH RESULTS

430000E425000E420000E

64

90

00

0N

64

85

00

0N

430000E425000E420000E

64

85

00

0N

64

90

00

0N

LUDMILLA

TAMARANORTH

AMY

GORKEY

ELENA LARISSA

TAMARA

ONEMNA

LARISSA SE


0 5 km

Tamara North

Tamara





430000E425000E420000E6490000N

6485000N

430000E425000E420000E

6485000N

6490000N

LUDMILLA

TAMARANORTH

AMY

GORKEY

ELENA

LARISSA

TAMARA

ONEMNA

LARISSA SE

0 5 km

FORTRESS MINERALS CORP.

TRENCH RESULTS SVETLOYE PROJECT, RUSSIA

2009 and OTHER SIGNIFICANT

AlterationSvetloye Licence

A19-13.65/7.3

3.81/66.8incl. 35.25/6.0

A22

15.09/43.5incl. 32.37/20.0incl. 77.02/7.8and 5.95/20.7incl. 12.44/9.5

A25

A1

0.43/2.8A2-4

0.30/12.30.29/8.6

A3-10.30/3.0A24

2.17/94.0incl. 3.54/40.0

E1-1

2.06/66.3incl. 4.89/23.3

E2

1.06/15.9incl.1.36/5.4

E3

1.45/31.6incl. 2.46/7.2

E3-10.24/54.2incl. 0.37/13.4

L-14

0.32/10.8incl. 0.51/2.9

LR-4

2.58/100.8incl. 5.57/41.0

T7

0.54/6.2and 0.45/8.7and 0.51/7.7

3.11/16.2A19

2.86/30.09

A71.82/43.8incl. 4.11/13.5

5.69/27.3A7-1

2.15/105.0incl. 4.70/37.0

A8-1

0.88/117.8incl. 1.25/21.3incl. 1.31/50.2

A11

A120.66/60.5incl. 1.44/18.0

A140.53/61.6

13.89/25.08

5.72/35.012

7.28/130.011

2.74/150.013

14.10/37.0and 4.44/63.6

7-E

3.76/50.75-E

14.51/23.24-E

4.13/87.0K-1

2.09/72.0K-2

2.29/104.5K-3

2.71/90.5K-4

8.16/109.5K-5

4.79/50.0K-7

1.67/16.0T6

1.22/27.3T8

3.52/4.2L5

3.80/56.010

3.90/50.516

091028 tamara trench results - kitco · standardization and metrology "gosstandart" of...

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