Fortune Bay (FOR.V) reported Tuesday the latest assays from the Golden Pond target within the Goldfields gold project in Saskatchewan.
Highlights from the 771-meter drilling program include 1.20 grams per tonne (g/t) gold over 23.2 meters, including 4.68 g/t gold over 3.2 m, with 12.20 g/t gold over 1.0 m.
All holes intersected gold mineralization, confirming continuity of the targeted mineralized system, Fortune Bay said.
"The drilling validated our revised geological model, confirmed shallow gold mineralization beyond the historically defined area, and demonstrated that the system remains open for further testing," Chief Executive Officer Dale Verran said.