Fortune Bay Corp.

Fortune Bay Corp. is pleased to announce its conclusion of an Exploration Agreement that formalizes the Company's relationship with Ya' thi Néné Lands and Resources , Hatchet Lake Denesu?ine? First Nation, Black Lake Denesu?ine? First Nation, Fond du Lac Denesu?ine? First Nation and the Northern Hamlet of Stony Rapids, the Northern Settlement of Uranium City, the Northern Settlement of Wollaston Lake and the Northern [...]

Fortune Bay Corp. is pleased to announce filing of an independent Preliminary Economic Assessment technical report for its 100% owned Goldfields Project located near Uranium City, Saskatchewan. Fortune Bay's News Release dated November 1, 2022, titled "Fortune Bay Announces Positive PEA For Goldfields Project, Saskatchewan", outlines the key results, assumptions and estimates contained in the Goldfields PEA, which [...]

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 of C$285M, internal rate of return 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 ounces over life of mine , with an average of 122,000 ounces per year in the first 4 years 8.3 year LOM producing [...]

Fortune Bay Corp. is pleased to announce initial drilling results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project , located in northern Saskatchewan . The drilling program, which tested regional targets across the Project, identified elevated radioactivity in multiple drill holes within favorable geological settings for high-grade, unconformity-related basement-hosted deposits typical [...]

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 for high-grade, basement hosted deposits typical of the Athabasca Basin [...]

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 and on the Frankfurt Stock Exchange under the symbol 5QN. It is anticipated that the trading of Fortune Bay's shares on the OTCQX [...]

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 basement-hosted uranium deposits [...]

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 has commenced at the Tena target area, which includes the [...]

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 initial drill target areas have been identified following ground gravity surveying completed in March 2022 . The initial target areas comprise favorable geological, geophysical and geochemical features typically associated with [...]

Fortune Bay Corp. is pleased to announce commencement of a Preliminary Economic Assessment for its 100% owned Goldfields Gold Project located in northern Saskatchewan. The Company has appointed Ausenco Engineering Canada Inc. to lead the Study, with SRK Consulting Inc. to complete an updated Mineral Resource Estimate and Moose Mountain Technical Services to undertake mine design and mine planning. The PEA is expected to [...]