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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 Yellowknifer69on Sep 14, 2017 8:17pm
142 Views
Post# 26698699

Mackenzie Review Board - Prairie Creek Decision

Mackenzie Review Board - Prairie Creek DecisionHey all Greetings from Yellowknifer (formly WhatiRoad2017)! I thought I would share this news from MRB as it is most likely going to be very similar to their decision in relationship to the TASR. The mine in question is Prairie Creek (CZN) do your own diligence ) and I am a shareholder. A couple of things to keep in mind that bode well for Fortune in comparison to this project; 1. The community of Whati will benefit directly from the TASR 2. The TASR is not moving through a previously destined national park. 3. The regional government is fully supportive Even so the language that we might likely see in the decision making matrix from the Review board is likely to be similar. Knowing a few people on this board in my opinion and knowing the regional pressures to get this project going, approval is a safe bet. Anyways, it may be of use to help other board members get a sense of how this board thinks. https://reviewboard.ca/upload/news/News_release_PCM_12_Sep_2017.pdf Best Regards, Yellowknifer
Bullboard Posts