HALIFAX, NS, July 24, 2024 /CNW/ -
Fortune Bay Corp. is pleased to announce completion of the 2024 summer drill program on the Murmac Uranium Project , located in northern Saskatchewan near Uranium City. The program was designed to test regional targets across the Project for high-grade, unconformity-related basement-hosted deposits typical of the Athabasca Basin. The drilling program was funded by
Aero Energy Ltd. , and was operated by Fortune Bay, under an Option Agreement that was executed on December 15, 2023. Highlights: An average of 1,309 counts per second was intersected over 8.7 metres in hole M24-017 in structured graphitic pelite, with up to 33,600 counts per second associated with visible uranium mineralization. This interval is located approximately...