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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

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

Bullboard Posts
Post by polygraph46on Dec 06, 2010 11:13pm
378 Views
Post# 17810067

Permits for Mt Klappan

Permits for Mt KlappanAs I see it, any real success for Fortune Minerals rides on a mining permit for the Mt. Klappan project.  Nowhere do I read where or when the expectation is for this?  I've been watching this play  for two yrs and would like to see it materialize as the potential is huge.  Have the concerns of the First Nations been dealt with in regards  to enviro. re headwaters of the three major salmon rivers which historically, have been their livlihood?  Don't get me wrong, I am not bashing, these are old issues, would really like to see this project go ahead, but won't buy til it gets a green light.......pg46
Bullboard Posts