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 [...]
Fortune Bay Corp. is pleased to announce that the Phase 1 drilling program has commenced at its 100% owned Goldfields Project located in northern Saskatchewan. The Company plans to complete approximately 5,000 metres in 15 holes. A diamond drill rig has been mobilized to site and drilling is currently underway at the Athona South target. Planned [...]
Fortune Bay Corp. announces that the board of directors of the Company has approved the granting of 350,000 incentive stock options pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 230,000 of the Options which are exercisable at a price of $1.10 per share, expire [...]
Fortune Bay Corp. is pleased to announce that it has received a drilling permit for its Goldfields Project located in northern Saskatchewan . The Company has commenced mobilization for a Phase 1 drilling program. Highlights of the Planned Phase 1 Drill Program: Approximately 5,000 metres of core drilling is planned in 15 holes. Drilling will be [...]