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Bullboard - Stock Discussion Forum Fortune Bay Corp V.FOR

Alternate Symbol(s):  FTBYF

Fortune Bay Corp. is an exploration and development company. The Company has 100% ownership in two advanced gold exploration projects, including Goldfields Project and the Ixhuatan Copper-Gold Project. It is also advancing the Strike, Murmac and Spruce uranium exploration projects. Goldfields Project is located 13 kilometers (km) south of Uranium City in northern Saskatchewan. The Ixhuatan... see more

TSXV:FOR - Post Discussion

Fortune Bay Corp > COMMENCES PRELIMINARY ECONOMIC ASSESSMENT
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Post by Betteryear2 on Apr 11, 2022 9:02am

COMMENCES PRELIMINARY ECONOMIC ASSESSMENT

HALIFAX, NSApril 11, 2022 /CNW/ - Fortune Bay Corp. (TSXV:FOR) (FWB:5QN) ("Fortune Bay" or the "Company") is pleased to announce commencement of a Preliminary Economic Assessment ("PEA" or the "Study") for its 100% owned Goldfields Gold Project ("Goldfields" or the "Project") located in northern Saskatchewan. The Company has appointed Ausenco Engineering Canada Inc. ("Ausenco") to lead the Study, with SRK Consulting (Canada) Inc. ("SRK") to complete an updated Mineral Resource Estimate ("MRE") and Moose Mountain Technical Services ("MMTS") to undertake mine design and mine planning. The PEA is expected to be completed in early Q4 2022.
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