Fortune Bay Announces Initial Drill Targets for the Murmac Uranium Project
HALIFAX, NS June 16, 2022
Fortune Bay Corp. is pleased to announce initial drill targets for its 100% owned Murmac Uranium Project located in northern Saskatchewan.
- Nineteen initial drill targets have been identified following completion of airborne electromagnetic and ground gravity surveying.
- The targets represent favorable geophysical and geological features typically associated with high-grade basement-hosted uranium deposits related to the Athabasca Basin. Targets include discrete gravity lows located along prominent EM conductors proximal to numerous radioactive and uranium surface showings and/or favorable structural features.
- Drilling is expected to commence in the coming days with approximately 2,500 meters planned in eight to ten drill holes. The program is expected to be results-driven and may be modified based on results from drilling.