What you'll need:
Add Tylose Powder to your black fondant to make it easier to model with.
Shape the black fondant into a shape similar to the shape shown in this image.
Place skewer into into model you made in step 2.
Roll out white fondant. Use heart shaped cutter to cut out two of the same sized hearts.
Use a circle cutter to cut the bottom off of one of the hearts as shown in the image.
Dip your paint brush in water and lightly moisten the back of each of the shapes you cut in step 4. Place onto the model of the penguin.
Use ball tool to press two circles into the penguin's face in place of eyes.
Roll out two small black balls from the black fondant. Lightly moisten one side of the balls and place into the indents you made in step 6.
Roll out orange fondant. Cut four small hearts.
Press two hearts together and use a skewer to press a slit down the center to make it look like a penguin's beak as shown.
Use water and a paint brush to lightly moisten the two orange hearts and attach them to the penguin as feet. Do the same for the penguin's beak and attach.
Roll out black fondant. Cut out a larger sized heart and use the knife to cut it in half.
Use water and a paint brush to lightly moist one side of the pointed part of each half-heart. Attach to the penguin's body in place of arms as shown and bend up slightly so they stick out from the body.
Repeat all steps if you would like to create addtional penguins. Feel free to create extra features such as hair, bows, eyebrows, or eyelashes to add to your penguins to make each look unique.