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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 sdhakaon May 22, 2024 3:10pm
97 Views
Post# 36052557

Fortune Minerals Receives funding from the U.S. Department..

Fortune Minerals Receives funding from the U.S. Department..

Fortune Minerals Receives funding from the U.S. Department of Defense, and the Government of Canada, for advancing the NICO critical minerals project (the NWT and Alberta)


FRC Analyst Opinion: Positive - This is a major milestone for FT; the company has secured $16M in funding from the U.S. and Canadian governments.


These funds will primarily be used towards an updated feasibility study for the NICO cobalt-gold-bismuth-copper project.
NICO hosts North America's largest primary cobalt deposit, and the world’s largest bismuth deposit.


FT is partnering with....


Read full commentary here: https://www.researchfrc.com/content/analyst-ideas/post/88/our-analysts-predicted-this-epic-climb


*issuer paid coverage.

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