HALIFAX, NS August 8, 2023 – Fortune Bay Corp. (TSXV: FOR, FWB: 5QN, OTCQX: FTBYF) (“Fortune Bay” or the “Company”) today provides a corporate update on its exploration and development projects in Saskatchewan, Canada and Chiapas, Mexico. Dale Verran, CEO, commented, “Fortune Bay is pleased to provide an update on current activities and plans for its projects […]
HALIFAX, NS January 23, 2023 – Fortune Bay Corp. (TSXV: FOR, FWB: 5QN, OTCQX: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce analytical results from a prospecting program completed in Fall 2022 on the 100% owned Murmac Uranium Project (“Murmac” or the “Project”), located in northern Saskatchewan (see Figure 1). Analytical results from surface […]
HALIFAX, NS December 13, 2022 – Fortune Bay Corp. (TSXV:FOR, FWB:5QN, OTCQX: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce analytical results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project (“Murmac” or the “Project”), located in northern Saskatchewan (see Figure 1). The drilling program was designed to test regional […]
HALIFAX, NS December 7, 2022 – Fortune Bay Corp. (TSXV:FOR, FWB:5QN, OTCQX:FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce analytical results from the 2022 maiden drilling program on the 100% owned Strike Uranium Project (“Strike” or the “Project”), located in northern Saskatchewan (see Figure 1). The drilling program, comprising nine shallow holes, provided […]
Average Annual Gold Production of 101 koz, After-Tax NPV5% of C$285M, and IRR of 35.2% Highlights: Robust economics with after-tax net present value (“NPV”) (discount rate 5%) of C$285M, internal rate of return (“IRR”) of 35.2% and payback of 1.7 years estimated with gold price of US$1,650 per ounce Average annual gold production of 101,000 […]
HALIFAX, NS August 23, 2022 – Fortune Bay Corp. (TSXV:FOR, FWB:5QN, OTCQX: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce initial drilling results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project (“Murmac” or the “Project”), located in northern Saskatchewan (see Figures 1 and 2). The drilling program, which tested […]
HALIFAX, NS June 28, 2022 Fortune Bay Corp. is pleased to announce initial drill results for its 100% owned Strike Uranium Project, located in northern Saskatchewan. A total of nine drill holes were completed comprising 2,064 metres. Results included shallow intersections of elevated radioactivity, between 35 and 95 metres below surface, within favorable geological settings […]
HALIFAX, NS June 27, 2022 Fortune Bay Corp. is pleased to announce that effective today it has qualified to trade on the OTCQX® Best Market under the symbol “FTBYF”. Fortune Bay upgraded to OTCQX from the Pink® market. Fortune Bay’s common shares will continue to trade on the TSX Venture Exchange under the symbol FOR […]
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. Highlights: 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 […]
HALIFAX, NS May 24, 2022 Fortune Bay Corp. is pleased to announce commencement of maiden exploration drilling on its 100% owned Strike Uranium Project , located in northern Saskatchewan. The Project has potential for high-grade, basement-hosted uranium deposits typical of the Athabasca Basin. Strike Uranium Project Highlights: Initial drill target areas were announced previously. Drilling […]
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