ALTA Mining (FOGC): Developments at the SHG Property
09 Setembro 2011 - 4:45PM
Marketwired
Fortune Oil & Gas, Inc. (PINK SHEETS: FOGC)
(www.fortuneoilandgascorp.com) subsidiary Alta mining Inc.
announces that the next stage of development for the company's
"SHG" property located at Slocan BC, Canada, has been scheduled to
start on September 12th, 2011.
The Exploration Team is on its way to Company's property and a
field program that includes prospecting, mapping soil sampling,
rock chip sampling will commence on September 12th, 2011.
Also planned for this stage of exploration is the reconfirmation
of silver showings which have been noted in previous exploration
work. The QP compliant with the National Instrument 43-101 will
also be responsible for conducting the exploration program, as well
as providing a full written report, documenting all findings
resulting from the prospecting and sample collecting conducted on
the property.
The report will be submitted to the Governmental Assessment
office for credit to the property, and will provide the company
with an accredited body of work with which to continue the
exploration and development of the SHG claim set.
Company will be posting updates during exploration program on
its website (www.fortuneoilandgascorp.com) and shareholders will
not have to wait for completion of the whole program to receive
updates on the progression of the exploration work.
For those investors concerned about the exploration funding, the
company advises that company is fully funded for all upcoming
operations and project development, and is not due to any sort of
financing, therefore there is any form of dilution coming to FOGC
shareholders.
More details will follow shortly.
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Contacts: Investor Relations 1-647-426-1640
www.minamargroup.net/helpdesk Investor Relations Department
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