Uranium Stocks in the News: Fortune Bay (TSXV: $FOR.V) Announces Goldfields West Uranium Project, Northern Saskatchewan

HALIFAX, NS – September 28, 2021 (Investorideas.com Newswire) Fortune Bay Corp. ( TSXV:FOR , Frankfurt:5QN) ("Fortune Bay" or the "Company") is pleased to announce identification of the Goldfields West Uranium Project ("Goldfields West" or the "Project").

The Project comprises the western claims of the Company’s flagship Goldfields Project in northern Saskatchewan, which have been identified to have potential for high-grade unconformity-related, basement-hosted uranium deposits typical of the Athabasca Basin margin (Figure 1).

Combined with the recently announced Strike Uranium Project (see News Release dated September 16, 2021 ), the Project gives Fortune Bay a dominant land position of the electromagnetic ("EM") conductors in Canada’s original uranium mining district (Figure 2).

The Company plans to commence target area selection over the coming weeks in preparation for planned field activities in 2022, with the aim of generating targets for drill testing.Dale Verran, CEO for Fortune Bay, commented, "We are pleased to announce a second […]

Click here to view original web page at www.investorideas.com

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.