Fortune Bay Starts Drilling at Murmac Uranium Project in Saskatchewan-March 2024-www.financetom.com

Fortune Bay Starts Drilling at Murmac Uranium Project in Saskatchewan

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Fortune Bay Starts Drilling at Murmac Uranium Project in Saskatchewan

Jun 12, 2024 5:29 AM

08:08 AM EDT, 06/12/2024 (MT Newswires) -- Fortune Bay ( FTBYF ) on Wednesday said it started drilling at its Murmac Uranium Project on the northern margin of the Athabasca Basin in Saskatchewan.

The drilling program is being funded by Aero Energy (AERO.V), and is being operated by Fortune Bay ( FTBYF ), under an option agreement. The program will test 10 to 13 targets and explore for high-grade basement-hosted uranium deposits.

Two occurrences of strong to intense radioactivity were discovered at the surface while scouting the initial drill site locations, Fortune Bay ( FTBYF ) said.

Previous page： U.S. Steel says Nippon Steel deal expected to close later this year Next page： US FDA panel backs expanded use of J&J, Bristol Myers' CAR-T therapies

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

U.S. Steel says Nippon Steel deal expected to close later this year

Mar 15, 2024

March 15 (Reuters) - U.S. Steel Corp said in a regulatory filing on Friday that the acquisition by Nippon Steel ( NISTF ) is expected to close later this year. The filing with exchanges comes at a time when the Japanese firm's $14.9-billion deal to buy the iconic 122-year-old U.S. steelmaker faces heightened scrutiny due to national security concerns. U.S....

US FDA panel backs expanded use of J&J, Bristol Myers' CAR-T therapies

Mar 15, 2024

By Bhanvi Satija and Sneha S K March 15 (Reuters) - Advisers to the U.S. health regulator voted in favor of allowing the use of Johnson & Johnson and Bristol Myers Squibb's cell therapies as earlier treatments on Friday, paving the way for their use in less severely affected patients with a type of blood cancer. While all 11 voting...

African internet outage was caused by subsea cable break, MainOne says

Mar 15, 2024

March 15 (Reuters) - West African data center and connectivity provider MainOne said on Friday that an internet outage that hit West and Central Africa earlier this week was caused by a break in its submarine cable system. MainOne, which is owned by data center operator Equinix ( EQIX ) , said that an external incident resulted in a cut...

TotalEnergies preparing Port Arthur, Texas FCC for restart, sources say

Mar 15, 2024

HOUSTON (Reuters) - TotalEnergies was preparing on Friday to restart the gasoline-producing fluidic catalytic cracker (FCC) over the weekend at its 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery, said people familiar with plant operations. Following the FCC's restart, the company plans to restart the refinery's coker and small crude distillation unit (CDU), the sources said on Friday. The 76,000-bpd FCC...