Fortune Bay Corp.

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 an effective date of May 4, 2021. The Technical Report was prepared by SRK [...]

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 43-101 . Mineral Resource Estimate Highlights: Indicated Mineral Resources [...]

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 drilling at Athona South is expected to include confirmatory drilling to [...]

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 on March 4, 2026 and vest over a three-year period. About Fortune Bay [...]

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 focused on expanding the mineral resources at the Box and Athona deposits [...]

Fortune Bay Corp. wishes to announce that it has retained the services of Vancouver-based Mars Investor Relations Inc. , a full-service investor relations and consulting services company focused on the junior mining sector. Under the terms of the engagement agreement , the Company will compensate Mars $144,000 for the 12-month initial term of the Agreement and has granted Mars stock options exercisable to acquire an [...]

Fortune Bay Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $2,013,045 . The Company issued 1,215,869 units and 395,717 flow through shares. Each unit was issued at a price of $1.20 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant is exercisable into one common share [...]

Fortune Bay Corp. , is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $2,000,000 . The Company intends to issue units and flow through shares. Each unit will be issued at a price of $1.20 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant will be exercisable into one common share of [...]

Fortune Bay Corp. is pleased to announce gold assay, geochemical and petrography results for samples collected from historical drill core on its 100% owned Goldfields Project located in northern Saskatchewan. The samples were collected during October 2020 to verify historical assay results and to investigate the nature and distribution of gold mineralization. Outcomes from this work will help define methods and the [...]

Fortune Bay Corp. is pleased to announce drill targets for its 100% owned Goldfields Project located in northern Saskatchewan. The drill targets have been developed following a detailed review of the Project's historical exploration and drilling results which demonstrate potential to expand the mineral resources at both the Box and Athona gold deposits, in addition to regional targets on the Property. The Company is also [...]