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AERO ENERGY AND FORTUNE BAY ANNOUNCE COMMENCEMENT OF DRILLING AT THE MURMAC URANIUM PROJECT
AERO ENERGY AND FORTUNE BAY ANNOUNCE COMMENCEMENT OF DRILLING AT THE MURMAC URANIUM PROJECT ...
About this update from Fortune Bay Corp.
[{"type":"text","content":"\n\n\n\n AERO ENERGY AND FORTUNE BAY ANNOUNCE COMMENCEMENT OF DRILLING AT THE MURMAC URANIUM PROJECT\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n HALIFAX, NS\n \n ,\n \n\n Sept. 26, 2025\n \n\n /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (\"Fortune Bay\" or the \"Company\") is pleased to announce that summer drilling has commenced at its Murmac Uranium Project (\"Murmac\" or the \"Project\"), located in northern\n \n Saskatchewan\n \n near\n \n Uranium City\n \n . A limited suite of high priority targets has been selected for testing.\n \n\n Exploration work at Murmac is being funded by Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) (\"Aero\"), and is being operated by Fortune Bay, under an\n \n Option Agreement\n \n that was executed on\n \n December 15, 2023\n \n .\n \n\n\n Gareth Garlick\n \n , VP Technical Services of Fortune Bay, commented, \"\n \n This drilling program represents an excellent opportunity to test high-priority uranium targets with strong geophysical signatures in a proven district. The current drill program has been carefully designed to evaluate structural and conductive settings that have historically delivered uranium mineralization in the\n \n Athabasca\n \n Basin margin. By capitalizing on shared mobilization and operational efficiencies, we are able to advance exploration in a technically rigorous and cost-effective manner.\"\n \n\n Dale Verran\n \n , CEO of Fortune Bay, added,\n \n \"Our partner-funded exploration at Murmac demonstrates how we can unlock value from our uranium portfolio on a non-dilutive basis for shareholders. This strategy allows us to preserve capital and maintain focus on advancing our 100%-owned gold assets, while retaining significant exposure to upside from uranium discoveries.\"\n \n\n\n\n Drill Targets\n \n\n\n Target selection has been based on airborne electromagnetic and ground gravity survey results, targeting features along buried basement-hosted conductive graphitic units at their intersection with known mineralized cross faults ...