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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd
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Comment by DoasIsayon May 08, 2014 11:54am
222 Views
Post# 22538948

RE:RE:RE:Atrum in Mining Weekly

RE:RE:RE:Atrum in Mining Weekly
https://www.brw.com.au/p/markets/canada_beckons_atrum_float_likely_XghmIfTbrkhB2y6MzjyyLJ

Moran has done well so far with Atrum. He and Chisholm considered dozens of coal projects before gaining full ownership of the Groundhog tenements last year and buying three less advanced projects to round out Atrum. A previous owner, West Hawk Development Corporation, did considerable drilling, then because of financial problems lost tenement control. Atrum bought them from private vendors last year, before Groundhog had a JORC resource.
WHD in the mix..bad memory for me..
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Dealroom for high-potential pre-IPO opportunities
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