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Fortune Valley Commences Phase 2 Drilling Program at Incahuasi
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Vancouver, British Columbia -- April 2, 2008 -- Fortune Valley
Resources Inc. ("Fortune Valley Resources" or the "Company") (TSX-V:
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
For additional information contact:
Fortune Valley Resources Inc.
info@fortunevalleyresources.com
Phone (604) 637-1268
Fax (604) 637-1269
CHF Investor Relations
Mr. Robin Cook, Account Manager
robin@chfir.com
Phone: (416) 868-1079, Ext. 228
Fax: (416) 868-6198
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
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Copyright (c) 2008 FORTUNE VALLEY RESOURCES INC. (FVX) All rights
reserved. For more information visit our website at
http://www.fortunevalleyresources.com/ or send
mailto:info@fortunevalleyresources.com
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