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Bullboard - Stock Discussion Forum 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... see more

TSX:FT - Post Discussion

Fortune Minerals Limited. > FT - The NICO deposit
View:
Post by good7news7soon on Apr 15, 2024 2:26pm

FT - The NICO deposit

The NICO deposit contains open pit and underground Proven and Probable Minerals Reserves totaling 33 million tonnes containing 1.1 million ounces of gold, 82 million pounds of cobalt, 102 million pounds of bismuth, and 27 million pounds of copper. At the planned mill throughput rate of 4,650 tonnes of ore per day, the mineral reserves will sustain operations for 20 years.
Comment by Jim1712 on Apr 15, 2024 2:30pm
And that's only the proven reserves.   There's more.  Lots more.   Jim