HALIFAX, NS, Jan. 24, 2022 /CNW/ - Fortune Bay Corp. is pleased to announce that Phase 2 exploration drilling has commenced on its Goldfields Gold Project, and a ground gravity survey has begun on its Strike Uranium Project. Both Projects are located in northern Saskatchewan, within 25 kilometres of Uranium City where the Company has an established [...]
Fortune Bay Corp. announces that the board of directors of the Company has approved the granting of 1,040,000 incentive stock options pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 700,000 of the Options which are exercisable at a price of $0.70 per share [...]
Fortune Bay Corp. is pleased to announce 2022 exploration plans for its three 100% owned Projects located in northern Saskatchewan . These include the Strike and Murmac Uranium projects, and the Goldfields Gold project . The Projects are all located within 25 kilometres of Uranium City, where the Company has established an operational base [...]
Fortune Bay Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $6,863,700. The Company issued 4,669,231 units and 4,972,338 flow through shares. Each unit was issued at a price of $0.65 per unit, with each unit comprised of one common share and one-half common [...]
Fortune Bay Corp. is pleased to announce that it intends to increase the non-brokered private placement , previously announced on November 1, 2021, to aggregate gross proceeds of approximately $6,860,000. The Company intends to issue 4,669,231 units and 4,972,338 flow through shares. Each unit will be issued at a price of $0.65 per unit, with each [...]
Fortune Bay Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $5,500,000 . The Company intends to issue up to 3,076,923 units and up to 4,545,454 flow through shares. Each unit will be issued at a price of $0.65 per unit, with each unit comprised of one common share and [...]
Fortune Bay Corp. is pleased to announce identification of the Goldfields West Uranium Project . The Project comprises the western claims of the Company's flagship Goldfields Project in northern Saskatchewan, which have been identified to have potential for high-grade unconformity-related, basement-hosted uranium deposits typical of the Athabasca [...]
Fortune Bay Corp. is pleased to announce the acquisition of the Strike Uranium Project through claim staking. The Project covers an area of approximately 10,000 hectares and is located 25 kilometres west of Uranium City and the Company's flagship Goldfields Project in northern Saskatchewan. The Project has been identified to have potential for [...]
Fortune Bay Corp. is pleased to announce gold assay results for the first three step-out drill holes completed at the Box gold deposit , located on the Company's Goldfields Project in northern Saskatchewan . The drill holes are part of the ongoing Phase 1 resource expansion program which is expected to include approximately 5,000 metres of [...]
Fortune Bay Corp. is pleased to announce Phase 1 drilling results for the Athona gold deposit located on the Company's Goldfields Project in northern Saskatchewan . A total of six diamond drill holes on an approximate 50 metre spacing were completed at the Athona South target during March and April 2021 with the primary objectives of validating [...]
Fortune Bay Corp. today announces that it filed a Technical Report under Canadian Securities Administrators' National Instrument 43-101 Standard of Disclosure for Mineral Projects for the Goldfields property located in northern Saskatchewan, Canada. The Technical Report is titled "Technical Report: Resource Estimate for the Goldfields Project" with [...]
Fortune Bay Corp. is pleased to announce a new Mineral Resource Estimate for its 100% owned Goldfields Project located in northern Saskatchewan . This new MRE replaces the historical MRE, as outlined in the historical 2011 Pre-Feasibility Study, and serves to classify current mineral resources for the Project in accordance with National Instrument [...]