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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 TimTimTimon Aug 24, 2017 10:30am
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Post# 26616462

RE:RE:Someone is smoking weed in the NWT

RE:RE:Someone is smoking weed in the NWTFinancing December 2017? Realistically, it takes months to cross all T's and dot all I's--Lets not get carried away. I say financing at best summer of 2018. Mine Construction to commence January 2018? How? The freekin road wont even be built for at least 3-4 years. Are they going to fly in the equipment? 4-5 four years at best they will be shipping concentrate to the processing facility in Saskatchewan.
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