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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Limited.
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Post by Allmanon Jul 01, 2023 12:47pm
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Post# 35523691

The Next Generation of Cobalt Mines

The Next Generation of Cobalt Mines... The NICO Deposit, Northwest Territories, Canada, is an IOCG deposit with proven and probable reserves of 33 Mt at 0.11% Co, 1.03 g/t Au, 0.14% bismuth (Bi), and 0.04% Cu. It is owned by Fortune Minerals Limited, who plan to mine it via open pit and underground mining. The project would contribute as much as 1% of global Co and 8% of global Bi production per year during its 20-year mine life, but the project has advanced only slowly and intermittently over the last 30 years and it’s unclear when or if production will begin. ...

https://www.geologyforinvestors.com/the-next-generation-of-cobalt-mines/
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