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FORTUNE BAY CORP NEW ORD
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Aero Energy Ltd. (Ticker: AERO.v or AAUGF for US investors) is currently up 150% this week on the TSXV over the week  following its announcement on Tuesday of a high-grade uranium discovery at its Murmac Uranium Project near Uranium City, Saskatchewan. 
https://preview.redd.it/4yaaqhsvf6ud1.png?width=1044&format=png&auto=webp&s=13ae6903e3d48dd0074e75a8f3611c13c4cf78cc
The initial assays from its 2024 drilling program, operated in partnership with Fortune Bay Corp. (Ticker: FOR.v or FTBYF for US investors), have revealed shallow, elevated uranium concentrations, including assays reaching up to 13.80% U₃O₈.
Eight drill holes (totaling 1,685 meters) were drilled in June and July 2024, with assays revealing highly favorable geological settings for high-grade basement-hosted uranium deposits. Results are currently available for four holes, with assays from the remaining 49 samples pending.
**Key Results:** 
* *Hole M24-016A:* Anomalous uranium at 105 ppm and 118 ppm over short intervals.
* *Hole M24-017:* 0.3% U₃O₈ over 8.4 meters from 84.2 to 92.6 meters, with high-grade zones up to 13.8% U₃O₈. 
* Notably, this mineralization starts just 64 meters below the surface, marking some of the shallowest high-grade uranium discoveries in the region.
* *Holes M24-018 and M24-019:* Showed down-dip continuity and along-strike mineralization.
Overall, these results open new opportunities for further discoveries across 125km of cumulative strike length
Aero Energy and Fortune Bay plan to prioritize further targets for a winter drilling program at Murmac. The goal is to expand on the promising results, with additional assays and geochemical interpretations pending for a comprehensive understanding of the deposit.
 
Full news here: https://aeroenergy.ca/2024/aero-energy-and-fortune-bay-confirm-shallow-high-grade-uranium-discovery-up-to-13-80-u3o8/
Posted on behalf of Aero Energy Ltd.

Aero Energy Ltd. (Ticker: AERO.v or AAUGF for US investors) is currently up 150% this week on the TSXV over the week  following its announcement on Tuesday of a high-grade uranium discovery at its Murmac Uranium Project near Uranium City, Saskatchewan. 
https://preview.redd.it/4yaaqhsvf6ud1.png?width=1044&format=png&auto=webp&s=13ae6903e3d48dd0074e75a8f3611c13c4cf78cc
The initial assays from its 2024 drilling program, operated in partnership with Fortune Bay Corp. (Ticker: FOR.v or FTBYF for US investors), have revealed shallow, elevated uranium concentrations, including assays reaching up to 13.80% U₃O₈.
Eight drill holes (totaling 1,685 meters) were drilled in June and July 2024, with assays revealing highly favorable geological settings for high-grade basement-hosted uranium deposits. Results are currently available for four holes, with assays from the remaining 49 samples pending.
**Key Results:** 
* *Hole M24-016A:* Anomalous uranium at 105 ppm and 118 ppm over short intervals.
* *Hole M24-017:* 0.3% U₃O₈ over 8.4 meters from 84.2 to 92.6 meters, with high-grade zones up to 13.8% U₃O₈. 
* Notably, this mineralization starts just 64 meters below the surface, marking some of the shallowest high-grade uranium discoveries in the region.
* *Holes M24-018 and M24-019:* Showed down-dip continuity and along-strike mineralization.
Overall, these results open new opportunities for further discoveries across 125km of cumulative strike length
Aero Energy and Fortune Bay plan to prioritize further targets for a winter drilling program at Murmac. The goal is to expand on the promising results, with additional assays and geochemical interpretations pending for a comprehensive understanding of the deposit.
 
Full news here: https://aeroenergy.ca/2024/aero-energy-and-fortune-bay-confirm-shallow-high-grade-uranium-discovery-up-to-13-80-u3o8/
Posted on behalf of Aero Energy Ltd.