$610M Gold Asset in a $50M Company | Fortune Bay CEO Interview

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❗FORTUNE BAY HAS PAID FOR THIS VIDEO. Viewers are encouraged to understand that Resource Talks is a business that creates and publishes video interviews in exchange for monetary compensation. There will always be potential for conflicts of interest, so you can never rely on anything said herein. Watch all Fortune Bay CEO Interviews here: https://youtube.com/playlist?list=PLUxgfzcPuWKsLf_iCDOo8A-d4HxpphRYE&si=Yd2bW2LnXDgHODfz By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. You further acknowledge that entities which may be referenced or featured in this publication or their related parties may hold an interest in Resource Talks or its affiliates, which may create further conflict of interest. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it. By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences. Nobody involved in the production of this publication is a licensed investment advisor. The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel. No recommendations are being made to buy or sell any securities in this video. The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital. Read official company filings on www.SedarPlus.ca. Timestamps: 00:00:00 Chapters 00:00:16 Important Warning 00:03:23 What's the catch? 00:06:39 How conservative are the CAPEX estimates? 00:07:35 Is the AISC realistic? 00:08:45 Does Fortune Bay want to build a mine? 00:10:41 Have they talked to potential buyers already? 00:12:19 What other scenarios are there? 00:16:53 What is the permitting process going to be like? 00:20:48 Did they present the PEA to the local First Nations? 00:21:48 Is being on the shores of the lake a potential community issue? 00:27:52 Does the lake influence the geology and/or slope angles? 00:30:28 How sensitive is the NPV to changes in the slope angle? 00:31:41 How sensitive is the NPV to the cut-off grade? 00:34:20 Why is the LOM not longer or shorter? 00:35:27 What's the grade reconciliation tolerance? 00:45:07 How variable are recoveries? 00:46:34 Is the gold in the granite or in the veins? 00:48:58 What are the expectations for the near-by exploration targets? 00:51:40 If they find more gold, would it be processed the same way? 00:52:55 Where will they drill next? 00:55:55 How much will be step-out vs infill? 00:57:23 When do they have to raise again? 00:58:25 Who is buying in on the recent financing? 01:00:01 When will they publish the PFS? 01:02:45 Would Goldfields strategy change if Mexico permits are obtained? 01:05:08 How much progress have they made in Mexico? 01:13:45 Is it reasonable to expect exploration in Mexico in 2026? 01:15:14 What's going on with the uranium assets? 01:16:25 What's the biggest criticism of Fortune Bay? 01:17:26 Will G&A go up in 2026? 01:19:24 Very Important Warning - DO NOT SKIP This is a Fortune Bay interview with CEO, Dale Verran & VP Technical Services, Gareth Garlick.