FORTUNE BAY ANNOUNCES PROSPECTING RESULTS FROM MURMAC URANIUM PROJECT

HALIFAX, NS, Jan. 23, 2023 /CNW/ – Fortune Bay Corp. (TSXV: FOR ) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from a prospecting program completed in Fall 2022 on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).

Analytical results from surface rock samples have been received from the laboratory which include highlights of: Figure 1: Location of Fortune Bay’s Murmac, Strike and Goldfields Projects. (CNW Group/Fortune Bay Corp.) Figure 2: Highlight prospecting assay results for the Murmac Uranium Project. (CNW Group/Fortune Bay Corp.) 8.82% U 3 O 8 from a boulder sample on the Armbruster Corridor providing compelling support for the presence of high-grade, basement-hosted uranium mineralization on the Project.

6.90% U 3 O 8 and 1.69% U 3 O 8 from outcrop samples along the Armbruster Corridor, which validated historical uranium occurrences.

[…]

Click here to view original web page at www.newswire.ca

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.