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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

Comment by redon Sep 01, 2020 4:17pm
128 Views
Post# 31488471

RE:What does "NICO" stand for?

RE:What does "NICO" stand for? …”Potassium Metasomatism at the Polymetallic NICO Deposit, Northwest Territories, Canada Gregory B. Robinson the University of Western Ontario
 
Fortune Minerals acquired the previous Noranda claims around Lou Lake in June of 1994, renaming them the NICO Claim Group (Mulligan, 1995). Fortune Minerals has since pursued detailed geological mapping, geophysical surveys, trenching and diamond drilling coupled with an aggressive multi-element assay program.”

Read the whole thesis lol  …

https://ir.lib.uwo.ca/cgi/viewcontent.cgi?article=3118&context=etd

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