Emerging Strategic Metal & Coal

ProducerFortune Minerals LimitedInvestor Presentation

July 2011TSX-FT

2

FORWARD-LOOKING INFORMATIONThis document contains certain forward-looking information. This forward-looking information includes, ormay be based upon, estimates, forecasts, and statements as to management’s expectations with respect to,among other things, the size and quality of the Company’s mineral resources, progress in development ofmineral properties, timing and cost for placing the Company’s mineral projects into production, costs ofproduction, amount and quality of metal products recoverable from the Company’s mineral resources,demand and market outlook for metals and coal and future metal and coal prices. Forward-lookinginformation is based on the opinions and estimates of management at the date the information is given, andis subject to a variety of risks and uncertainties and other factors that could cause actual events or results todiffer materially from those projected in the forward-looking information. These factors include the inherentrisks involved in the exploration and development of mineral properties, uncertainties with respect to thereceipt or timing of required permits and regulatory approvals, the uncertainties involved in interpretingdrilling results and other geological data, fluctuating metal and coal prices, the possibility of project costoverruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financingneeded in the future, uncertainties related to metal recoveries and other factors. Mineral resources that arenot mineral reserves do not have demonstrated economic viability. Inferred mineral resources areconsidered too speculative geologically to have economic considerations applied to them that would enablethem to be categorized as mineral reserves. There is no certainty that mineral resources will be convertedinto mineral reserves. Readers are cautioned to not place undue reliance on forward-looking informationbecause it is possible that predictions, forecasts, projections and other forms of forward-looking informationwill not be achieved by the Company. The forward-looking information contained herein is made as of thedate hereof and the Company assumes no responsibility to update them or revise it to reflect new events orcircumstances, except as required by law.

3

FORTUNE MINERALS INVESTMENT HIGHLIGHTS2 development stage projects in permitting stage:

NICO Gold-Cobalt-Bismuth-Copper Project, NWT & Saskatchewan4 million equivalent gold ozs (1) , significant cobalt & largest deposit of bismuth in world

Mount Klappan Anthracite Coal Project, British Columbia One of world’s largest undeveloped deposits of metallurgical coal

NICO & Mount Klappan, both have:Positive definitive feasibility studies - >$ 1.3 billion Base Case NPV’sSuccessfully test mined – Deposit geometries & grades confirmedSuccessfully pilot plant processed – Production of high value products confirmed All commodities have significant demand growth

Golden Giant Mine mill already purchased & dismantled to reduce NICO CAPEXSue-Dianne Copper-Silver-Gold deposit, 25 km north of NICO – Future mill feedExperienced board & management teamPursuing partnering at project level to finance projects

World-Class Joint Venture (“JV”) Partner secured for Mount KlappanPOSCO is one of the world’s largest steel producers

BNP Paribas engaged to arrange US$ 250 million NICO project financingProduction of specialty metals & coal with minimal equity dilution

(1) Using Metal Price Assumptions: US$ 900/oz Au, US$ 20/lb Co, US$ 10/lb Bi, US$ 2.75/ lb Cu

4Canada Focus - Operating in mining friendly jurisdictions

PROPERTY INTERESTSPROPERTY INTERESTS

Canada Focus - Operating in mining friendly jurisdictions

5

CorporateInformation

Share Performance

Listing: TSX-FTShare Price: $ 1.50Issued Shares: 107.5 millionFully Diluted: 126.9 millionMarket Cap: $ 161 millionWorking Capital: $ 5.0 million (Q1- 2011)

$ 30 million pending from POSCOTotal Assets: $ 128.4 million (Q1-2011)

China Mining Resources Group Ltd. ~14%Manulife Global Management US ~ 10%Officer & Director Holdings ~23% (includes China Mining)

As of July 11, 2011All values in C$ unless otherwise noted

Analyst Reports

Ownership

David Davidson, Paradigm CapitalMichael Fowler, Loewen Ondaatje McCutcheon

6

One of world’s largest undeveloped metallurgical coal deposits

Advanced Project with Definitive Feasibility Study demonstrating robust economics

Rail transportation from mine site to port facilitates scalable expansion

World-class JV partner now secured – POSCO is one of the world’s largest steel producers

POSCO partnership results in significant funding to accelerate development & recognizes Mount Klappan as key future supplier of premium coal products to global steel industry

Supply shortages of metallurgical coals – Growing world consumption

Railway sub-grade links mine site with CN mainline & Ridley Terminals

MOUNT KLAPPAN ANTHRACITE COAL PROJECT HIGHLIGHTS

7

POSCO Canada (“POSCAN”) will acquire a 20% interest in Mount Klappan

Based on current capital cost estimates, POSCAN anticipated to make total payments & cash contributions of $181 million, including $30 million in upfront funding

JV will accelerate development of Mount Klappan by combining Fortune’s local development & operations expertise & POSCAN’s market knowledge & financial backing

Funding Highlights:

POSCAN will provide $30 million in upfront funding to Fortune Coal, $20 million of which Fortune Coal will contribute directly to the JV

POSCAN will provide 20% of the total development & capital cost of the Project, which under current estimates will equal $154 million

POSCAN will provide $17.2 million in additional payments to Fortune based on future milestones

POSCAN will fund 20% of operating costs & receive 20% of production

Fortune will be Project Manager & will be compensated for providing operational, technical & administrative support over life of mine

JOINT VENTURE WITH POSCO

8

World’s 3rd largest steel producer by market value*

Crude steel production of 33.7 million tonnes in 2010 & sales for the 12 months ended March 31, 2011, totaled US$62.2 billion

POSCO’s Gwangyang Works the largest steel mill in world, with capacity of 19.5 million tonnes

Continues to expand global operations towards goal of achieving total crude steel production capacity of 50 million tonnes

Headquartered in Seoul, South Korea, & listed on Korea Exchange (KRX) & inter-listed on New York, London & Tokyo Stock Exchanges

ABOUT POSCO

* Market cap of US$32.6 billion based on the closing price of POSCO’s stock on June 24, 2011 on the NYSE stock exchange

9

Secures world-class organization as major investor & strategic partner

Recognizes Mount Klappan as one of world’s premier metallurgical coal development projects & future key supplier to global steel industry

Accelerates Project development & anticipated to provide 100% of required funding to complete engineering studies, permitting & stakeholder consultations

Provides significant portion of required development & capital funding

$ 30 million in upfront funding

POSCAN anticipated to make total payments & cash contributions of $181 million

Based on a financing scenario of 70% debt & 30% equity, Fortune’s equity requirement anticipated to be $184 million over life of construction phase

Maintains significant upside for Fortune shareholders –post-transaction levered after-tax NPV (8%) of Fortune’s 80% estimated at $601 million at $175 per tonne PCI price

TRANSACTION BENEFITS

10

Large license area in northwest B.C. (15,866 Ha)

Close proximity to deep water shipping ports

Stewart Port (150km)

Ridley Terminals in Prince Rupert (330km)

Close proximity to Asian markets

Port of Prince Rupert 36 hours closer to Asian ports than other West Coast ports

Mine site straddles railway right-of-way

Track (CN) installed to 150km south of mine

Railway road bed largely complete to mine

Road access from railway subgrade

Feasibility study for railway expansion completed

Support of CN Railway

B.C. Government now revenue sharing with First Nations groups

STRATEGIC LOCATION & INFRASTRUCTURE

11

Mount Klappan Resources (million tonnes)(1) (3) (4)

Lost Fox Metallurgical Coal Reserves (million tonnes)(2) (3)

(1) 2.8 billion tonne resource in all classes - estimates by Marston & Marston Inc. as of February 2007(2) 9.7 Bcm / tonne finished product strip ratio at 1.5 million tonne per year.(3) Richard Marston, PE is the Qualified Person as defined by NI 43-101(4) Speculative Resources are no longer considered NI 43-101 compliant

MOUNT KLAPPAN RESOURCES & RESERVESLost Fox deposit remains open for possible lateral expansion

Additional coal seams identified below 300 meters & on adjacent lands

Significant upside potential

  Run - Of - Mine Coal Reserves Measured Indicated Total In Situ

89.5 16.8 106.3

10% Ash Product Reserves Proven Probable Total Product

51.6 9.2 60.8

12

ANTHRACITE PRODUCTS & USE

Highest quality coal with very high carbon & energy content Anthracite only 1% of world coal reservesMetallurgical coal with diverse applications

Other products: Blend coal with coking coal for making metallurgical cokeDirect coke replacementHeating & cooking briquettesBinder for iron ore pellets

Source: Company Information.

Filter Media US$ 400 / tonne Metallurgical Reductants / charge carbon US$ 400 / tonne Ultra-Low Vol. PCI US$ 250 / tonne Sinter US$ 200 / tonne Power Generation US$ 150 / tonne

13

World 2009 anthracite production: ~ 565 million tonnes

China: 483 million tonnes – a net importer of anthracite

Vietnam: 43 million tonnes – reduced exports with plans to utilize all production domestically

Few new high-quality deposits in mining friendly jurisdictions

Increasing demand from end markets for good quality metallurgical coals

China became a net coal importer in 2009, coking coal in 2007 & anthracite in 2004

Japan & South Korea imports increased in 2010 after financial crisis in 2009

Other emerging economies will also be the driving forces for future met. coal demand

Indian crude steel production expected to increase from 72.8 million tonnes to 124 million tonnes by 2012 & 293 million tonnes by 2020

Brazilian crude steel production expected to increase from 26.5 million tonnes to 103 million tonnes by 2030

An insufficient supply of met. coals to meet anticipated further global demand

VERY ATTRACTIVE MARKET DYNAMICS FOR ANTHRACITE / PCI

PCI produced from Mount Klappan will be very high-quality & priced at the upper range of PCI prices

14

November 2010 DFS update to 2005 & 2008 DFS

Based on railway transport of coal from mine to Ridley Coal Terminal in Prince Rupert

Initial production from Lost Fox deposit open pit mine, wash plant & site infrastructure

60.8 Mt of product coal reserves – 20+ yrs production (only 3.6% of global resource)

Production of 3 Mtpa clean coal

Premium ultra-low volatile PCI product

Can diversify product mix to produce premium products (charge carbon) & sinter

2010 DEFINITIVE FEASIBILITY STUDY (DFS) – OVERVIEW

BASE CASEUltra-Low Volatile PCI

US$175 / tonne (C$1 = US$ 0.95)

PRE-TAX AFTER TAX

IRR 25.4% 20.7%

NPV (8%) C$ 1,027.8 Million C$ 667.4 Million

Capital (Years 1-4) C$ 768.4 Million(includes railway capital)

Pre-Tax NPV (8%)In billions

15

Allows for expansion of production rate to take advantage of large resource base

Lowers operational risk compared to trucking

Simplifies development – CN Rail operates on Dease Lake Line to Minaret (150 km from mine site) & railbed established to mine site (except 22km & 3 bridges)

Survey & engineering of railway extension at feasibility level

Allows use of Ridley Terminals

BENEFITS OF RAIL TRANSPORTATION

Existing railway right-of-way & road bed

16

Ice-free, deepwater port capable of handling full Capesize vessels ~US$ 10/tonne reduction in ocean freight

World Class coal & bulk materials handling facility with 16 Mtpa capacity

Serviced by Provincial highway & CN Rail Main Line

Significant capacity: Currently only handling ~50% of design capacity

36 hours closer to Asian ports than port of Vancouver

Opportunities for shared cargos & blending with other metallurgical coals

RIDLEY COAL TERMINAL IN PRINCE RUPERT

17

DFS reserves only represents 3.6% of total resource

Rail transportation allows for higher annual production than 3 Mtpa

Simultaneous development of Hobbit-Broatch deposit or more rapid mining of Lost Fox deposit would allow for much higher annual production

3rd Party contribution to railway capital costs increases NPV

Current resource only identified to 300 metres – Additional coal seams identified at depth

Increased resource potential – Marston has recommended 4 phase drilling program

BC Government extending electrical grid & connection would lower power costs & enable use of lower cost mining equipment

Lease-to-purchase of mobile equipment fleet would result in lower upfront capital costs & increased IRR

Project finance debt & off-take / trade financing expected to enhance IRR

SIGNIFIANT UPSIDE POTENTIAL BEYOND 2010 DFS

One of world’s largest undeveloped deposits, rail directly to the mine site, & no port capacity issues allows for a very large, scalable project – potentially

6 Mtpa +

18

JV partner now secured & accelerated development program underway

Next steps include:

Complete Front End Engineering & Design Studies on the Lost Fox Mine

Complete engineering on rail transportation in conjunction with CN Rail

Continue community & stakeholder engagement

Complete environmental permitting process

Fortune will concurrently advance Mount Klappan & continue discussions with potential debt and equity providers, with aim of announcing fully financed, permitted project at conclusion of currently planned programs

Expansion options – expected through increased production at Lost Fox or development of other Mount Klappan deposits – will be considered in due course; Fortune anticipates its proportionate share of funds for expansions would be funded from Project cash flows

ACCELERATED DEVELOPMENT STRATEGY

19

NICO GOLD-COBALT-BISMUTH-COPPER PROJECT HIGHLIGHTS100% Ownership – No 3rd party royaltiesMine & mill in NWT

Open pit & underground mine & concentratorLow cost concentration – 5% of ORE contains metals

Saskatchewan Metals Processing Plant (SMPP) Vertically integrated hydrometallurgical facility to produce gold doré, cobalt & copper cathodes & bismuth cathode or ingot

$ 92 million work completed to date, includes:$ 20 million test mining$ 15 million metallurgy & process pilot plants

2007 positive feasibility study & 2008 update 32.3% Pre-tax IRRPre-tax $ 361 million 8% NPVSignificant recent improvements not included

31 Million tonne reserve – 4 Million eq gold ozs (1)

Golden Giant (Hemlo) buildings & equipment purchased & dismantled to reduce capital costsEnvironmental Assessments in progress for mine & SMPP permitting

(1) Using Metal Price Assumptions: US$ 900/oz Au, US$ 20/lb Co, US$ 10/lb Bi, US$ 2.75/ lb CuTest mining 2006/2007

20

MINE LOCATION & INFRASTRUCTURE

5,140 Ha lease in southern NWT

Winter access roads

New all-weather road planned by governments to Hwy (135 km)

$18 million in place for stage 1 –realignment, bridges & roadbed

Engineering & environmental work underway

450 km from railway at Hay River for transport of concentrates to SMPP

160 km from City of Yellowknife

50 km from Town of Whati

22 km from Snare Hydro

Settled land claim with Tlicho Government

21

NICO MINERAL RESERVESUnderground Mineral Reserves Tonnes Au (g/t) Co (%) Bi (%) Cu (%)

Proven 1,403,000 2.23 0.16 0.22 0.04

Probable 767,000 2.92 0.17 0.19 0.03

Total 2,170,000 2.47 0.16 0.21 0.03

Reserve estimate by P&E Mining Consultants Inc., Eugene Puritch, P.Eng. & Fred Brown, CPG PrSciNat, Qualified Persons as defined by NI-43-101

Open Pit Mineral Reserves Tonnes Au (g/t) Co (%) Bi (%) Cu (%)Proven 15,019,000 0.85 0.12 0.16 0.04

Probable 13,797,000 0.71 0.12 0.15 0.03

Total 28,816,000 0.79 0.12 0.15 0.04

Combined Mineral Reserves Tonnes Au (g/t) Co (%) Bi (%) Cu (%)Proven 16,422,000 0.97 0.12 0.16 0.04

Probable 14,564,000 0.83 0.12 0.15 0.03

Total 30,986,000 0.91 0.12 0.16 0.04

Contained Metal 907,000 ounces

82 million pounds

109 million pounds

27 million pounds

22

DIVERSIFIED EXPOSURE TO GOLD & SPECIALTY METALSGold: Largest source of revenue in first yr of operation – Counter cyclical hedge

Cobalt: Significant demand growth - Principal sources in politically unstable countries World consumption: ~76,500T ~ 8% annual growthMetallurgical markets: high strength alloys, cutting tools, cemented carbides &

magnetsChemical markets: lithium ion & nickel metal hydride batteries, catalysts, agriculture & pigmentsKey growth areas: batteries for electronic devices & hybrid / electric vehicles, catalysts for petroleum refining, turbinesLME: Initiated trading in 2010 – Futures market

23

DIVERSIFIED EXPOSURE TO GOLD & SPECIALTY METALSBismuth: Largest deposit in world – China principal source – supply concerns

World consumption: ~15,000T Traditional markets – fusible alloys, cosmetics, chemicals, ointments, medicines, lubricants, electronics & flame retardantsNew markets – Super conductors, CD’S & auto anti-corrosionEnvironmentally safe (non-toxic) replacement for lead in: solder (plumbing & electronics), hot-dip galvanizing, plumbing brasses, ceramic glazes, ammunition, radiation shielding, paint pigments & free cutting steelMCP Group – LOI with World’s largest processor to purchase all production

Copper: By-product of cobalt processingWorld Consumption: ~ 18 million TPrincipal Markets: electronics / wire, pipe, brasses & other alloys, & coinage

24

UNDERGROUND TEST MINING & PILOT PLANT PROCESSING

Mining conditions, geometry & grades for deposit confirmed

Environmental impacts assessed

Portal, decline ramp & 2 mine levels established with ventilation raise to surface

~$20 million pre-production development completed

Large sample collected for $7 million pilot plant tests

Proved process flow sheet

Verified production of higher value metal products

Increase in metal recoveries over feasibility study

Tangible demonstration of successful project to governments & communities

Reduced project risk

25

GOLDEN GIANT MINE (HEMLO) MILL, ONTARIOBuildings, equipment & spare parts acquired from Newmont CanadaRelocation to NICO for significant reduction in capital costs & project riskNo environmental liability for Hemlo siteDismantling & removal completed for net cash cost of ~$18 million

Includes ~$3.5 million in revenue from sale of surplus equipment, gold & scrapDemonstration of project execution on budget & schedule

26

Micon, Met-Chem, Golder, SGS Lakefield & metallurgical & engineering experts Open pit mine with underground mining contribution in yrs 1 & 2

Maximize gold recovery & high grades during initial production Simple flotation to produce high value concentrate

High concentration ratio – 3.8% sulphide fraction contains the valuable metalsVertically integrated hydrometallurgical plant to produce high value metal productsResults:

Pre-tax IRR 32.3%Pre-tax C$361 million 8% NPVPre-production capital cost C$213 millionCash Cost US$1.41/lb Co (1)(2)

Cash Cost US $259/oz Au equivalent (2)

April 2008 metal price sensitivity increases IRR to 97.2% & NPV (8%) to $1.5 billion(3)

Significant recent project improvements not included in feasibility study results – Capital costs will be higher

2008 DEFINITIVE FEASIBILITY STUDY

(1) Net of credits for gold and bismuth sales

(2) Base Case metal prices of US$750/oz Au, US$20/lb Co, US$10/lb Bi and US$/C$ 0.97

(3) April 2008 metal prices of US$900/oz Au, US$50/lb Co, US$16/lb Bi and US$/C$ 0.97

27

43% increase in reserves to 31 Mt – 18 Yr mine life - Excludes results of 2010 drilling16% production rate increase to 4,650 tpdNew more efficient mine plan - Eliminated underground backfilling – More underground mill feedIdentification of low strip starter pit – Eliminates pre-strippingCo-disposal of waste rock & tails – Reduces dam structures & reclamation costsCommodity price assumptions higher:

Gold US$ 900/ozCobalt US$ 20/lbBismuth US$ 10/lbCopper US$ 2.75/lb

Improved recoveries from pilot plant: Gold 56-84%, Averages 72% - ConfirmedCobalt 83.5% - Formerly 81%Bismuth 72.7% - Formerly 58%Copper 57.9% - Now included

Higher value metal products: Gold Doré Cobalt 99.8% cathodeBismuth 99.5% cathode or 99.9% ingot – Feasibility study assumed concentrateCopper 99.99% cathode – Not included in feasibility study

Hydrometallurgical process plant relocated to SaskatoonLower OPEX (~$7 million/yr) – Mitigates capital cost increase (~$30 million)

POST-DEFINITIVE FEASIBILITY STUDY IMPROVEMENTS

28

Hydrometallurgical plant to process NICO concentrates to high value metal productsAgreement to purchase lands near Saskatoon

Located on CN Rail lineClose to Trans-Canada HwyInexpensive power (5.7 cents/kWh)Close to natural gas & waterClose to reagent sourcesSkilled worker / engineer pool – 85 employees

High concentration ratio of NICO ores produces only 180 tonnes of concentrate / day for delivery to SMPPSMPP capital cost ~ $225 million

SASKATCHEWAN METAL PROCESSING PLANT (SMPP)

NICO

Saskatoon

CN Rail Canadian Route Map

29

2010 NICO DRILL PROGRAM38 new drill holes completed in 2010 to extend deposit & better delineate limits

Particular emphasis on extending gold-rich central core to depthDrilling very successful in expanding deposit & intersecting high-grade gold intervals:.

51.3m averaging 2.2 g/t Au & 0.11% Co, including 3m averaging 15.59 g/t Au, 0.46% Co, 0.05% Bi & 0.20% Cu in NICO 10-300;8.00m averaging 4.74 g/t Au & 0.16% Bi, including 1m grading 35 g/t Au in NICO 10-325;3.38m averaging 11.59 g/t Au, 0.37% Co, 0.16% Bi & 0.14% Cu, including 1.67m averaging 20.04 g/t Au, 0.36% Co, 0.24% Bi & 0.13% Cu in NICO 10-324;5.00m averaging 4.84 g/t Au, including 2.5m averaging 9.21 g/t Au in NICO 10-327;20.1m averaging 0.38% Co & 0.37% Bi in NICO 10-292

New Mineral Reserve estimates in Q2-2011

30

Average Annual Metal Production:Gold: yrs 1&2 of mine life: ~66,400 ozs, yrs 3-18 of mine life: ~31,500 ozsCobalt: ~3.4 million lbs (1,550 tonnes)Bismuth: ~ 3.65 million lbs (1,650 tonnes)Copper: ~ 770,000 lbs (350 tonnes)

Average revenue: ~$100/T, $170 million/yrRevenues higher in early years of production

Average cost: ~$60/T, $102 million/yrImprovements increase project revenues – Capital costs will be higherFront End Engineering & Design Studies by Aker Solutions & other engineering companies

Revised capital & operating costs Q2 2011New Mineral Reserve estimates in Q2-2011BNP Paribas engaged to arrange US$ 250 million for project financing

Indicative term sheet with 70:30 debt equity splitEnvironmental Assessments for mine & SMPP in progress for permittingProduction targeted in 2013Examining options for Fortune’s contribution to project financing

Off-take relationships, minority partners, gold or cobalt sales, equity

CURRENT STATUS OF NICO PROJECT

31

STRATEGY FOR SHAREHOLDER VALUE RECOGNITIONMarket Capitalization: $ 161 Million:

undervalues 2 major projects with feasibility NPV’s collectively > $ 1.3 Billion, $ 8.7 million working capital & ~$ 40 million(1) in Hemlo equipment

Joint venture Mount Klappan with strategic partner:Joint venture with POSCO announcedPOSCO provides $30 million in upfront funding & 20% of project capitalValues project, resolves financing challenges & brings financial & marketing expertise

Development of NICO:BNP Paribas engaged to arrange US$ 250 million project debt facilityIndicative term sheet 70:30 debt to equity with credit for capital already spentOptions for 30% equity share - Strategic minority partner, equity, forward metal sales

JV Strategy minimizes future equity dilutionInvestor recognition of Fortune’s world class Canadian development assets with minimal equity dilution

(1) Company estimate of value to NICO Project

32

DirectorsMahendra Naik, B Comm, CA Chairman, Director CFO Fundeco - Founding director & former CFO, IAMGOLD

George Doumet, MSc, MBA Honorary Chairman, Director Chemical Engineer – President & CEO, Federal White Cement

Robin Goad, MSc, Pgeo President & CEO, Director Geologist - 29 yrs mining & exploration experience

David Knight, BA, LLB Secretary, Director Partner, Macleod Dixon specializing in securities & mining law

James Excell, BASc Director Metallurgical Engineer – 35 yrs mining experience BHP-Billiton

William Breukelman, BASc, MBA, Peng Director Chemical Engineer – Chairman, Gedex

James Currie, BSc (Hons), PEng Director Mining Engineer – Executive Vice President & COO, New Gold

The Honorable Carl L. Clouter

Shou Wu (Grant) Chen, MSc, MBA

Director

Director

Commercial pilot - former owner of charter airline in NWT

Geologist – Deputy Chairman & CEO, China Mining Resources Group

ManagementJulian Kemp, BBA, CA VP Finance & CFO Chartered Accountant – 22 yrs mining financial experience

Thomas Rinaldi, BSc VP Operations Mining Engineer – 27+ yrs engineering & operations experience

Michael De Carlo, BSc, BBA

Bill Shepard

Project Manager

Logistics Manager

Mining Engineer – 40+ yrs engineering & managerial experience

15 yrs experience in procurement and logistics

Dr. Richard Schryer, PhD

Adam Jean, HBA, CA

Director Regulatory & Environmental AffairsController

Aquatic Scientist – 21 yrs experience in mine permitting & environmental assessmentsChartered Accountant previously with Ernst & Young

James Mucklow, MESc, PEng

Pat Moloney, BSc, BEd

Manager Env.& Community

Manager Human Resources

Geological Engineer – 21 yrs geological & environmental experience

12 yrs human resources experience

Emerging Strategic Metal & Coal

ProducerFor further information, please contact:

Robin Goad, President & Chief Executive OfficerTroy Nazarewicz, Investor Relations Manager

140 Fullarton Street, Suite 1902London, Ontario, Canada

N6A 5P2Tel. (519) 858-8188Fax. (519) 858-8155

E-mail. tnazarewicz @fortuneminerals.comWebsite. www.fortuneminerals.com

TSX-FT