Aero Energy and Fortune Bay Commence Drilling at Howland Lake, Murmac Uranium Project
HALIFAX, NS March 19, 2025 – Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce the commencement of drilling at Howland Lake on the Murmac Uranium Project (“Murmac” or the “Project”), located in northern Saskatchewan near Uranium City.
The program is expected to include up to six drill holes, totalling approximately 900 metres, to further test the Howland Lake electromagnetic (“EM”) conductors which returned uranium intercepts from first-pass drilling. As demonstrated from previous exploration results, the Project has potential to host high-grade, basement-hosted deposits typical of the Athabasca Basin.
Exploration work at Murmac is being funded by Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) (“Aero”), and is being operated by Fortune Bay, under an Option Agreement that was executed on December 15, 2023.