Fortune Minerals releases second quarter 2011 results

LONDON, ON, Aug. 12, 2011 /CNW/ --
Issued Capital: 108,644,814

LONDON, ON, Aug. 12, 2011 /CNW/ - Fortune Minerals Limited (TSX:FT) ('Fortune Minerals' 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 June 30, 2011 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:


Fortune Minerals 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 metals processing plant in Saskatchewan and has 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 Minerals is focused on outstanding performance and growth of
shareholder value through assembly and development of high quality
mineral resource projects.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/August2011/12/c3356.html