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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. Fortune also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.


TSX:FT - Post by User

Bullboard Posts
Comment by letternon Jan 12, 2017 4:54pm
144 Views
Post# 25701510

RE:Transportation costs

RE:Transportation costsfrom the 2011 review board document...sorry I couldn't find anything more recent... not sure if this is still up to date.
 


Concentrate Transportation

The concentrate (65,000 tonnes per year) will be put into large flexible containers, placed on trucks and hauled from the mine site to Hay River. During mine operations, five trucks of concentrate will be hauled each day. This is the main reason why the NICO Project requires the Tch Road. At Hay River, the containers of concentrate will be put onto railway cars to be transported to the Saskatchewan Metals Processing Plant near Saskatoon. In addition to shipping concentrate out from the mine, about four supply trucks will come to the mine site each day. The trucks will access the mine site along the access road and the Tch road, from the Northwest Territories highway system. Transportation contractors with proven safety records will be used.

 


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