Fortune Graphite

Fortune Graphite Producers Inc., a Wyoming company, has acquired a
group of mineral claims in a known mineral-bearing region of southeastern
British Columbia (BC) that is ready for commercialization.

Graphite
The results of the work to date by the Company’s outside mining
professionals indicate that the Fortune Group’s amorphous graphitic ore
content is commercial-grade and is of a commercially-viable concentration.
At the conclusion of the Summer 2002 report, the amorphous graphite
deposits in that area of the Fortune Graphite properties indicates inferred
deposits of 6,677,000 tons (report attached).

With our current inferred deposits of 6,677,000 tons, Fortune Graphite can
operate at a run of mine of 475,000 for each of the 14 years. Over the
14-year period, this would generate:

Sales $167,544,720
Mining Costs $ 53,188,800
Gross Profit $114,355,920

These figures are based on a 9% yield on the 6,677,000 tons. Therefore it
would be 598,374 (tons of graphite) x $280 USD per ton equaling
$167,544,720. Mining costs are based on $8 USD per ton mined.

Flake Graphite
Fortune Graphite recently acquired the flake graphite bearing AA Bentinck
graphite claims in southern British Columbia. Flake graphite is key for the
development of fuel cells and is in increasing demand for many hich-tech
products as well as vehicles.

Silver
Fortune Graphite has also acquired the Lardo South group of claims in
British Columbia that have concentrations of silver.