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FORTUNE BAY APPOINTS SENIOR MINING ADVISOR AND PROVIDES GOLDFIELDS PROJECT UPDATE
FORTUNE BAY APPOINTS SENIOR MINING ADVISOR AND PROVIDES GOLDFIELDS PROJECT UPDATE Canada ...
About this update from Fortune Bay Corp.
[{"type":"text","content":"\n\n\nFORTUNE BAY APPOINTS SENIOR MINING ADVISOR AND PROVIDES GOLDFIELDS PROJECT UPDATE\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\nStrengthening the Technical Team as Goldfields Advances Toward Pre-Feasibility\nHALIFAX, NS, Dec. 18, 2025 /CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (\"Fortune Bay\" or the \"Company\") is pleased to announce the appointment of Ronald (Ron) Halas, P.Eng., as Senior Mining Advisor for its Goldfields Gold Project in Saskatchewan, and to provide an update on recent exploration and development activities at Goldfields.\n\n\n\n\n\n\n\nHighlights:\nSenior Mining Advisor Appointment – Ron Halas, P.Eng. brings over 35 years of global gold mining experience, including most recently as Chief Operating Officer of Lumina Gold Corp., where he led feasibility-level advancement of the Cangrejos gold-copper project prior to its acquisition by CMOC Group in 2025.Exploration Drilling Underway – Exploration drilling is advancing at the Box deposit, with 1,125 metres completed in late 2025. Drilling is focused on down-dip step-outs well outside of the mine pit outlined in Fortune Bay's 2025 Updated Preliminary Economic Assessment (\"Updated PEA\"). First-batch of assay results are expected in late January 2026.Pre-Feasibility Study – Project development work toward a Pre-Feasibility Study (\"PFS\") is well underway, including ongoing metallurgical test work and planning for additional geotechnical, metallurgical, and geochemical studies to support PFS-level study in 2026.Permitting and Environmental Progress – Permitting activities are advancing, with a community engagement tour completed in November 2025. Results from environmental baseline studies are expected in January 2026, supporting planned regulatory engagement in Q1 2026.Dale Verran, Chief Executive Officer of Fortune Bay, commented \"At Goldfields, we are advancing toward a Pre-Feasibility Study while progressing permitting and stakeholder engagement activities. Ron's appointment comes at an ...