FORTUNE BAY ACQUIRES THE ASPEN URANIUM PROJECT IN NORTHERN SASKATCHEWAN

Investing News Network

February 05, 2024

Fortune Bay Corp. ( TSXV: FOR ) (FWB: 5QN) (OTCQB: FTBYF) (" Fortune Bay " or the "Company") is pleased to announce the acquisition of the Aspen Uranium Project ("Aspen" or the "Project"). The Project is located within the north-central margin of the Athabasca Basin, proximal to the Company’s recently announced Spruce Uranium Project and Pine Uranium Project .

Aspen Uranium Project Highlights: Large-scale land package covering 9,869 hectares located in proximity to the northern rim of the Athabasca Basin (Figure 1). Includes extensive anomalous uranium results from historical surface sampling, including; The highest regional lake sediment uranium anomaly in Saskatchewan of 989 ppm U, within the Geological Survey of Canada data compilation. Historical exploration samples collected during the late 1970’s identified extensive lake sediment anomalies within the Property, with values averaging 302 ppm U from 439 samples collected, including seven […]

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