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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.


TSX:FT - Post by User

Fortune Minerals Ltd > The necessity of a Cobalt Refinery!
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Comment by redon Feb 02, 2021 3:27pm
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Post# 32449319

RE:RE:RE:RE:RE:RE:RE:RE:The necessity of a Cobalt Refinery!

RE:RE:RE:RE:RE:RE:RE:RE:The necessity of a Cobalt Refinery!

We don't know that lol ... it would seem to me to be a logical and viable option. When I last posted this some time ago Jim also pointed it would also be sheritts access to ammerican markets for cobalt from Canada with Canadian cobalt vs Cuban which is likely not happening now. 

there is the consideration of our other products but if sheritt has the plant and the space we could share the cost of expansion to handle more .... lots of possibilities guys and gals !! 

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