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Fortune Valley Resources Inc. Acquires New Property In Chile
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Vancouver, British Columbia - September 19, 2007 - Fortune Valley
Resources Inc. ("Fortune Valley Resources" or the "Company") (TSX-V:
FVX) announces it has secured the mineral rights to 4,000 hectares at
the Tres Puntas property in Region III of the Republic of Chile through
successful application for new mining concessions under the Chilean
Mining Law.

The Tres Puntas project lies in Region III approximately 100 kilometres
northeast of the city of Copiapo. The project covers a Tertiary igneous
complex with moderate to intense hydrothermal alteration characterized
by silicification and argillization. Past exploration in the area was
primarily for sulfur deposits; historical exploration data shows
surface rock-chip samples returned gold values up to 3.5 grams per
tonne from known sulfur prospects. The project is classified as a
high-sulfidation epithermal gold system similar in geologic and
mineralogic style to La Coipa, Yanacocha and other high-sulfidation
gold systems found throughout the Andean Cordillera.

The Company has confirmed preferential concession rights to 4,000
hectares covering the main portion of the alteration system including
the historic sulfur prospects. Barrick and Codelco are active in the
area and control surrounding and adjacent concessions.

Fortune Valley Resources President and CEO, Michael Gingles stated: "We
are focused on securing significant land positions in highly
prospective gold districts in Chile and Argentina. The Tres Puntas
project fits our strategy of adding value through exploration discovery
and development. With major mining companies showing interest in the
Tres Puntas area, it appears we have an eye on the same prize."

Mr. William C. (Bill) Howald, AIPG, Certified Professional Geologist #
11041, Fortune Valley Resources VP Exploration & Corporate Development,
is the Qualified Person as defined under National Instrument 43-101
responsible for the scientific and technical work on the exploration
program and is responsible for reviewing the technical disclosure in
this press release. Fieldwork in Chile is being performed under Mr.
Howald's supervision by Fortune Valley Resources Chile S. A. personnel.

Fortune Valley Resources Inc. is a Canadian mining exploration company
focused on creating shareholder wealth through the acquisition,
exploration and development of high quality gold and silver projects in
Chile and Argentina. The Company has assembled a highly experienced
Board of Directors and management team with proven technical and
commercial successes at some of the major gold mines and projects in
North and South America, including Yanacocha, Cortez, Voisey's Bay,
Zaldivar, Turquoise Ridge, Fort Knox, La Coipa, Pueblo Viejo and Cerro
Casale. Management has good understanding of how to do business in
Latin America gained from living and working in the region, and
extensive skills in exploration, feasibility work, business and
corporate development, gold trading, finance and executive management
of public companies. Fortune Valley's principal asset is the Incahuasi
project, located in Region III in northern Chile.

For additional information contact:
Fortune Valley Resources Inc. CHF Investor Relations
Michael J. Gingles Robin Cook, Account Manager
info@fortunevalleyresources.com robin@chfir.com
Phone: (604)637-1268 Phone: (416) 868-1079, Ext. 228
Fax: (604)-637-1269

CHF Investor Relations
Michael J. Gingles Robin Cook, Account Manager
info@fortunevalleyresources.com robin@chfir.com
Phone: (604)637-1268 Phone: (416) 868-1079, Ext. 228
Fax: (604)-637-1269 Fax: (416)868-6198

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

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Copyright (c) 2007 FORTUNE VALLEY RESOURCES INC. (FVX) All rights
reserved. For more information visit our website at
http://www.fortunevalleyresources.com/ or send
mailto:info@fortunevalleyresources.com
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