Issued Capital: 117,076,976
LONDON, ON, May 15, 2012 /CNW Telbec/ - Fortune Minerals Limited (TSX-FT) ("Fortune" or the "Company") is pleased to announce that its
consolidated financial statements and management's discussion and
analysis of financial condition and results of operations for the
period ended March 31, 2012 have been filed and will shortly be
available on SEDAR (www.sedar.com or through the Company's web site www.fortuneminerals.com).
About Fortune Minerals Limited:
Fortune is a diversified resource company with several mineral deposits
and a number of exploration projects, all located in Canada. The
Company is focused on the development of the Mount Klappan anthracite
metallurgical coal deposits in British Columbia and the NICO
gold-cobalt-bismuth-copper deposit in the Northwest Territories
("NT"). As part of the development of the NICO deposit, Fortune is
developing a hydrometallurgical plant in Saskatchewan to process NICO
concentrates to high value metal products. The Company has also
acquired the buildings and equipment from the Golden Giant Mine at
Hemlo, Ontario, which have been dismantled, moved, and stored for
relocation to NICO. In addition, the Company owns the Sue-Dianne
copper-silver-gold deposit and other exploration projects in the
NT. Fortune is focused on outstanding performance and growth of
shareholder value through assembly and development of high quality
mineral resource projects.