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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 DoasIsayon Sep 06, 2013 5:16pm
217 Views
Post# 21723887

How can Christy say no..

How can Christy say no..

Premier Promotes B.C.'s Advantages in Korea

Natural Resources now and in the future

For her final day in Korea, Premier Clark began by hosting, along with B.C. mining delegates, a B.C. Mining Roundtable at which she spoke to Korean corporations with investment interests in B.C.'s mining and natural gas sectors. Premier Clark applauded their growing role in developing new projects, including POSCO's recent $181-million investment in the Mount Klappan metallurgical coal project in northwest B.C.

"This is why we are here - to tell investors that British Columbia's economy is on the move and now is the time to get in on the action," said Premier Clark. "We've got all the right conditions for growth and one of the key sectors in the BC Jobs Plan is mining, which is an extremely important sector because it creates high-paying jobs that support families."

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