2009-12-04 05:15 ET - News Release

An anonymous director reports

CHINA MINING RESOURCES GROUP LIMITED - NEWS RELEASE

China Mining Resources Group Ltd., as of Dec. 3, 2009, has indirectly acquired, through its wholly owned subsidiary, Best Tone Holdings Ltd., 9.1 million units of Fortune Minerals Ltd. Each unit comprises one common share in the capital of the company and one-half of one common share purchase warrant. The common shares so acquired constitute 9.6 per cent of the issued and outstanding shares of the company and China Mining now has beneficial ownership and control over 14,514,300 common shares of the company, which represents approximately 15.31 per cent of the issued and outstanding shares of the company. Assuming the exercise of the 4.55 million whole common share purchase warrants now held by Best Tone, China Mining will have beneficial ownership and control over 19,064,300 common shares of the company, representing approximately 19.19 per cent of the issued and outstanding common shares of the company (assuming the exercise of the warrants held by China Mining).

The units were acquired pursuant to subscription under a short-form prospectus offering of the company at a price of 65 cents per unit. The units were acquired in the normal course of China Mining's investment activities. China Mining may, directly or indirectly, at any time and from time to time, increase or decrease its beneficial ownership or control or direction of the company's securities depending on future economic or market conditions.