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FSM Sonoma Resources, Inc.

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Share Name Share Symbol Market Type
Sonoma Resources, Inc. TSXV:FSM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Fortunate Sun Mining Provides Drilling Update on Golconda Project

18/06/2012 4:41pm

Marketwired Canada


Fortunate Sun Mining Company Ltd. ("Fortunate Sun" or the "Company") (TSX
VENTURE:FSM) is pleased to announce that the Company has completed a diamond
drilling program on its Golconda gold project located in Southern Sonora State,
Mexico. Fortunate Sun may earn a 100% interest in Golconda from Minera Coplau,
S.A. de C.V. by spending $2,500,000 in exploration and making cash and share
payments to Minera Coplau over a four year period. 


A total of 731 metres of diamond drilling was completed in 9 holes of HQ
diameter. These holes were designed to serve as due diligence drilling to
confirm historical intercepts as well as test various depths of a gold
epithermal vein system. Drilling tested and intersected several quartz veining
and stock-work sections along an approximate 130 metre strike length and to a
vertical depth down to approximately 75 metres. Several drill holes encountered
multiple zones of quartz-pyrite mineralization. The company is currently in the
process of logging and submitting samples to the assay prep lab in Hermosillo. 


"This initial drill program will provide significant benefit to our current
understanding of the mineralization of the system and structural interpretation
of the property more specifically the Golconda vein," said Kristian Whitehead,
VP Exploration. 


Assay results from these core holes will be reported once received and
interpreted by the Company.


On behalf of the Board of Directors

Reg Advocaat, President and CEO

This news release may contain forward looking statements including but not
limited to, information regarding geological interpretations, resources,
potential timing and content of exploration programs, production schedules and
projections, receipt of permits, company financings etc. Forward looking
statements refer to events and conditions which have not yet taken place and
therefore involve inherent risks and uncertainties. Actual results may differ
materially from those anticipated in these statements. Fortunate Sun relies on
litigation protection for forward looking statements.


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