FORTUNE BAY CONFIRMS URANIUM MINERALIZATION FROM MAIDEN DRILL PROGRAM ON THE STRIKE URANIUM PROJECT

Fortune Bay Corp. ( TSXV: FOR ) (FWB: 5QN) (OTCQX: FTBYF) (" Fortune Bay " or the "Company") is pleased to announce analytical results from the 2022 maiden drilling program on the 100% owned Strike Uranium Project ("Strike" or the "Project"), located in northern Saskatchewan (see Figure 1).

The drilling program, comprising nine shallow holes, provided first-pass testing of the Project’s J, K and L Conductors on the northern portion of the Project which have a combined strike length of approximately 20 kilometres (see Figure 2).

Analytical results have confirmed anomalous uranium in three of the nine drill holes completed, up to a maximum individual assay result of 0.43% U 3 O 8 . The uranium is associated with enriched levels of "pathfinder" elements that are typically associated with high-grade, unconformity-related deposits in the Athabasca Basin. Results include shallow intersections derived from between 60 and 105 metres vertically below surface within […]

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