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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 Apr 07, 2021 10:35am
92 Views
Post# 32948813

RE:RE:Good read on shortages to come

RE:RE:Good read on shortages to come

There is lots to be optimistic about and I know most of us see and agree with that.

At this point For all we know it may be possible that Sheritt in Ft Saskatchewan sees benifit in using our cobalt now, along with the Cuban cobalt ( that they currently ship from Cuba and process in Ft Sask. Edmonton) ) to at least start the program greatly increasing the time line of at least something happening. They of course will want the gold right away as that will be used to start to pay for it all and sheritt could use the revenue stream. 

And while doing that further develop processing to deal with the other metals. We know there is a plan to deal with the special wastes from the FT ore. 

I think it's a scenario that is very possible and could put the mine into a fast track mode while fine tuning the other processes.

all wishful thoughts, but hopeful that some legit processing news comes out soon. 

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