# Fortune Bay Drills 9.9 g/t over 7.0 m within 3.7 g/t over 21.0 m in Large Step-Out from Box Deposit *2026-04-21T06:00:00-04:00* Fortune Bay Drills 9.9 g/t over 7.0 m within 3.7 g/t over 21.0 m in Large Step-Out from Box Deposit Canada NewsWire _High-Grade Step-Out Supports Resource Growth Potential and Reinforces Upside at Goldfields_ HALIFAX, NS, April 21, 2026/CNW/ - Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) ("Fortune Bay" or the "Company") is pleased to report new high-grade drill intersections from a large step-out hole from the Box Deposit, located within its 100% owned Goldfields Gold Project ("Goldfields" or the "Project") in Saskatchewan. **Highlights:** - 3.70 g/t Au over 21.0 m from 342.0 m to 363.0 m, including 9.89 g/t Au over 7.0 m, intersected in hole B26-350 - Large 135 metre step-out from previous drilling at the Box Deposit – the furthest down-dip drill hole to date - Intercept is located 140 metres outside of the current open-pit constrained Mineral Resource Estimate ("MRE") and 140 metres down-plunge of previous Zone A high-grade intercepts including 18.05 g/t over 6.0 m, 5.16 g/t over 12.0 m and 8.35 g/t over 9.0 m - Mineralization remains wide open at depth and through the Goldfields Syncline - Result supports meaningful mineral resource growth potential at Goldfields _"This result shows that the Box deposit continues well below the current pit-constrained resource," commented Gareth Garlick, VP Technical Services. "B26-350, the largest step-out hole drilled at Box so far, returned a strong high-grade result well beyond the current resource boundary, and the mineralization remains open at depth. This points to clear potential to grow the deposit and supports our view that the Goldfields Syncline hosts a much larger gold system."_ **Drill Hole Details and Assay Results** The Box Deposit remains a key target for mineral resource growth at Goldfields, particularly below the limits of the current pit-constrained Mineral Resource Estimate ("MRE"). As part of the 2025/2026 winter drilling program, the Company completed two large step-out holes, B26-350 and B26-349, to test the down-dip and southern extents of the mineralizing system below the Box deposit and more broadly evaluate the potential of the Goldfields Syncline. Drill hole B26-350 was designed as a large 135 metre step-out hole and represents the furthest down-dip hole drilled at Box to date. The hole successfully confirmed the continuation of strong gold mineralization at depth within the Box Mine Granite ("BMG"), returning 3.7 g/t Au over 21.0 metres, including 9.9 g/t Au over 7.0 metres, with mineralization remaining wide open. This high-grade intersection is located approximately 140 metres outside of the current open-pit constrained MRE and 140 metres down-plunge of Zone A that includes drill intersections of **18.05 g/t over 6.0 m**(231.4 to 237.4 m; B07-294), **5.16 g/t over 12 m**(231 to 243 m; B11-316) and **8.35 g/t over 9.0 m**(240 to 249 m; B07-292) (see Figure 1). These results further support the potential for future mineral resource expansion. A second large step-out hole, B26-349, was completed approximately 80 metres along strike from B26-350 and 140 metres down-dip of previous drilling to test the southern extent of the system. The hole returned multiple mineralized intervals within the BMG, including high-grade intervals of 6.46 g/t Au over 1.0 metre and 6.21 g/t Au over 1.0 metre. These results further support the strength and continuity of the Box mineralizing system and highlight the potential for additional resource growth in this area. These results build on the three initial drill holes previously reported in the Company's [news release dated March 3, 2026](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4668576-1&h=1188273358&u=https%3A%2F%2Ffortunebaycorp.com%2Fnews%2Fpost%2Ffortune-bay-drills-multiple-gold-zones&a=news+release+dated+March+3%2C+2026), which also confirmed the continuation of high-grade mineralization at depth. All three of the initial Box holes (B25-346, B25-347 and B25-348) and the two subsequent large step-out holes (B26-349 and B26-350), completed as part of the winter 2025-2026 drilling program, successfully intersected the mineralized BMG at or near the depths predicted by the geological model. Observed mineralization characteristics, including quartz vein orientation, thickness, and vein density, are consistent with those documented elsewhere within the deposit, demonstrating strong continuity of the mineralizing system. Higher gold grades at the Box Deposit are typically associated with discrete north-south trending structural zones exhibiting increased quartz vein intensity. These higher-grade zones, which extend below the base of the Updated Preliminary Economic Assessment ("Updated PEA") open pit, present attractive targets for follow-up delineation drilling aimed at expanding mineral resources. Current exploration drilling at Box is oriented toward the east at mode