Fortunate Sun Mining wishes to announce the resignation of Mr. Gary Nordin as a director of the Company effective immediately. Mr. Nordin has stepped down in an effort to reduce his workload, but has agreed to stay on as a Consultant and an Advisor to the Company. The board of FSM would like to thank Mr. Nordin for the invaluable expertise and [...]
Fortunate Sun Mining is pleased to announce that the Company has completed a diamond drilling program on its Golconda gold project located in Southern Sonora State. Fortunate Sun may earn a 100% interest in Golconda from Minera Coplau, by spending $2,500,000 in exploration and making cash and share payments to Minera Coplau over a four year period [...]
Fortunate Sun announces that pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers and consultants to purchase in the total of 1,725,000 common shares in the capital stock of the company, subject to regulatory approval, exercisable for a period of five years, at a price of $0.20 per share [...]
Fortunate Sun Mining the is pleased to announce that at the Company's Annual General Meeting held on April 27, 2012 the following individuals were re-elected to the board of directors: Reg Advocaat, Peter Chen, Gary Nordin, Scott Young and Terrance Owen. In addition, Reg Advocaat has been re-appointed President & CEO of the Company and Peter Chen [...]
Fortunate Sun is pleased to announce that all permits have now been received in order to begin the proposed 1700 meter diamond drilling program at the company's Golconda property in Sonora. On January 27th of 2011, Fortunate Sun S.A de C.V., a wholly owned subsidiary of Fortunate Sun Mining Company Ltd., collectively known as "FSM", entered into an [...]
Fortunate Sun Mining is pleased to announce the appointment of Mr. Kristian Whitehead P.Geo. as Fortunate Sun's Vice President of Exploration. Mr. Whitehead, M.Sc., P.Geo., brings approximately ten years of experience to the company in the areas of exploration project management and geological consulting, as well as having owned and operated a [...]
Fortunate Sun is pleased to announce a review of the past exploration at the Camacho Project, in Zacatecas, from a U.S. $1.9 million program conducted by Kinross Gold's Mexican subsidiary, KG Exploracion Mexico, between April 2010 and Nov 2011. Surface geological mapping, trenching, geophysics and RC and diamond drilling has outlined two large [...]
Fortunate Sun Mining is pleased to announce that the Camacho and Pirelli projects 100% owned by the Company have been returned to Fortunate Sun by Kinross Gold's Mexican Subsidiary, KG Exploracion Mexico S.A de C.V. effective today, as Kinross has elected to terminate the options. Conditions of the two option agreements previously entered into (as [...]
The Board of Directors of Fortunate Sun Mining Company are pleased to announce that it has successfully completed its IPO for gross proceeds of $1,500,000 under a prospectus dated October 18, 2011. Fortunate Sun issued 7.5 million units at a price of $0.20 per unit, with each unit comprised of one common share and one-half of a warrant, with each [...]
