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 […]
HALIFAX, NS April 26, 2022 Fortune Bay Corp. is pleased to announce initial drill target areas and 2022 drilling plans for its 100% owned Strike Uranium Project, located in northern Saskatchewan. Highlights: Nine (9) initial drill target areas have been identified following ground gravity surveying completed in March 2022. The initial target areas comprise favorable […]
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