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Fortune Bay Corp V.FOR

Alternate Symbol(s):  FTBYF

Metals & Mining Gold
Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. It primarily explores for gold and uranium deposits. The company has an option agreement to acquire The Woods Uranium Projects located on the northern margin of the Athabasca Basin, Saskatchewan. Fortune Bay Corp. is headquartered in Halifax, Canada.


TSXV:FOR - Post by User

Fortune Bay Corp
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  • Betteryear2X
Post by Betteryear2on Apr 11, 2022 9:02am
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Post# 34593118

COMMENCES PRELIMINARY ECONOMIC ASSESSMENT

COMMENCES PRELIMINARY ECONOMIC ASSESSMENT HALIFAX, NS, April 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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