Fortune Valley Commences Phase 2 Drilling Program at Incahuasi
2008-04-02 06:30:00
Fortune Valley Commences Phase 2 Drilling Program at Incahuasi
VANCOUVER, BRITISH COLUMBIA–( EMWNews – April 2, 2008) – Fortune Valley Resources Inc. (“Fortune Valley Resources” or the “Company”) (TSX VENTURE:FVX) is pleased to announce the commencement of a 5,000 metre reverse circulation drill program at the Incahuasi Project located in northern Chile.
This Phase 2 drill program will follow-up on positive intersections from the initial drill program at the Incahuasi Central area in December 2007 (see February 15, 2008 news release). In addition, Fortune Valley will make preliminary scout testing of the new silver-rich vein system recently identified at Mina Plata in the Incahuasi Este area.
Fortune Valley Resources President and CEO, Michael Gingles, commented, “Our exploration team has successfully procured and mobilized a drilling rig within weeks of receiving the results from the initial program. This allows us to sustain an aggressive exploration strategy for discovery at Incahuasi.”
Fortune Valley Resources Inc. is a Canadian mining exploration company focused on creating shareholder wealth through the acquisition, exploration and development of high quality gold and silver projects in Chile and Argentina. The Company has assembled a highly experienced Board of Directors and management team with proven technical and commercial successes at some of the major gold mines and projects in North and South America. Fortune Valley holds ownership interests in approximately 54,000 hectares of exploration concessions in Chile.
On behalf of the Board of Directors
Michael J. Gingles, President and CEO
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact Fortune Valley Resources Inc. or CHF Investor Relations |
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