Fortune Bay Corp.

Fortune Bay is pleased to announce plans for a winter 2025 drilling program on the Murmac Uranium Project as follow-up to the high-grade uranium intersected during the summer 2024 drill program. The winter program, focused on the Howland Lake North target area, has been approved by the Project's optionee Aero Energy in accordance with the Option Agreement, and is fully-funded. Highlights: Shallow, High-Grades Intersected [...]

HALIFAX, NS , Nov. 20, 2024 /CNW/ - Fortune Bay Corp. is pleased to announce commencement of work to further advance its 100% owned Goldfields Gold Project , located in northern Saskatchewan. A Preliminary Economic Assessment completed by Ausenco Engineering Canada Inc., in October 2022 , has clearly demonstrated robust economics for Goldfields. Fortune Bay has engaged with Fuse Advisors Inc. to define a project [...]

Fortune Bay Corp. is pleased to report high-grade uranium assays in the first batch of analytical results from its 2024 exploration drilling program on the Murmac Uranium Project , located in northern Saskatchewan near Uranium City. The drilling program was funded by Aero Energy Ltd. under an Option Agreement. The drilling program was designed to test regional targets across the Project's extensive Armbruster, Howland and [...]

Fortune Bay Corp. is pleased to announce that it has increased and closed its previously announced private placement. The non-brokered private placement was closed for aggregate gross proceeds of $600,000, an increase over the $500,000 initially announced . The Company issued 2,727,272 units at a price of $0.22 per unit. Each unit is comprised of one common share and one-half common share purchase warrant, with each whole [...]

HALIFAX, NS, July 24, 2024 /CNW/ - Fortune Bay Corp. is pleased to announce completion of the 2024 summer drill program on the Murmac Uranium Project , located in northern Saskatchewan near Uranium City. The program was designed to test regional targets across the Project for high-grade, unconformity-related basement-hosted deposits typical of the Athabasca Basin. The drilling program was funded by Aero Energy Ltd. , and [...]

HALIFAX, NS, July 17, 2024 /CNW/ - Fortune Bay Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $500,000 . The Company intends to issue up to 2,272,727 units. Each unit will be issued at a price of $0.22 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant will be exercisable into [...]

Fortune Bay Corp. is pleased to announce the intersection of highly elevated radioactivity in the second drill hole of its 2024 exploration drilling program on the Murmac Uranium Project , located in northern Saskatchewan. An average of 1,309 counts per second was intersected over 8.7 metres in graphitic pelite, with up to 33,600 counts per second associated with visible uranium mineralization. The drilling program is [...]

VANCOUVER, BC, June 24, 2024 /CNW/ - The following issues have been halted by CIRO Company: Fortune Bay Corp. TSX-Venture Symbol: FOR All Issues: Yes Reason: Pending News Halt Time : 1:11 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]

Fortune Bay Corp. is pleased to announce the commencement of drilling at its Murmac Uranium Project on the northern margin of the Athabasca Basin, Saskatchewan. The drilling program is being funded by Aero Energy Limited , and is being operated by Fortune Bay, under an Option Agreement that was executed on December 15, 2023. Drilling Program Drilling is now underway at Murmac with a program planned to test ten to thirteen [...]

HALIFAX, NS, June 4, 2024 /CNW/ - Fortune Bay Corp. is pleased to announce drill targets for its Murmac Uranium Project located in northern Saskatchewan. A drilling program is scheduled to commence in the coming days to test up to thirteen of these targets with the potential to discover high-grade, basement-hosted uranium mineralization related to the Athabasca Basin. The drilling program is being funded by Aero Energy [...]