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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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Post by letternon Sep 21, 2016 2:46pm
189 Views
Post# 25261924

seems favourable

seems favourablehere is a link to the review board in regards to the current assessment and timeframe of the All Season Road. The process appears to be somewhat expedited due to much of the "heavy lifting" already being done... maybe jim you could comment. On a side not, interesting to note the s/p of some of the other "cobalt" companies (ECS and CUZ) being in the 60 cent range

thanks
Lettern


https://reviewboard.ca/upload/project_document/EA-1617-01_Notice_of_proceeding_-_TASR_Terms_of_Reference_process.PDF
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