HENDERSON, Nev., Sept. 12, 2011 /PRNewswire/ -- Fortune Oil &
Gas, Inc. (PINK SHEETS: FOGC) (www.fortuneoilandgascorp.com)
subsidiary Alta Mining Inc. announced that the next stage of
development for "SHG" property in Slocan,
Canada including prospecting, mapping, soil sampling, and
rock chip sampling has been scheduled to start today, September 12th, 2011.
This stage of exploration will also reconfirm silver showings
which have been noted in previous exploration work. The QP
compliant with the National Instrument 43-101 will conduct the
exploration program, document all findings resulting from the
prospecting and sample collecting conducted on the property, and
provide a full report.
The report will be submitted to the Governmental Assessment to
credit the property with body of work with which to continue the
exploration and development of the SHG claim set.
The Company will be posting updates during exploration program
on its website (www.fortuneoilandgascorp.com).
The company is fully funded for all upcoming operations and
project development, therefore no dilution is coming to FOGC
shareholders.
More details will follow shortly.
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SOURCE Fortune Oil & Gas, Inc.