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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

Post by Phil001on Dec 06, 2020 2:29pm
208 Views
Post# 32046336

Refinery discussions?

Refinery discussions?Good day. As previously indicated, I'm a long time FT shareholder. I have question for next step. As the all season road is ahead of schedule, are there any updates related to the actual 53km road from whati to NICO site? Have they started to build that yet? If no. How long is that away? Secondly, correct me if I'm wrong. But Is there any FT profitability without having a refinery in place? Either to mine our gold or Cobalt or bismuth? I used to live in hay River, and know that whati to enterprise is roughly 450- 500km one direction. Would this be encumbant on whoever mines our site or would ft have to have this in place ahead of time? Been shareholder since 2016, so very excited to see progress.. thoughts anyone? And thx for continuing to post. This is my only info that get from FT
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