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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 FortuneJimon Feb 25, 2018 8:28am
140 Views
Post# 27616508

No tolls on this $1.4 BILLION Road “Fool”

No tolls on this $1.4 BILLION Road “Fool”

 

The Rt. Hon. Herb Gray Parkway

 

The Rt. Hon. Herb Gray Parkway (the Parkway) is a major $1.4 billion highway infrastructure project located in the municipalities of Windsor, LaSalle, and Tecumseh, in Ontario, Canada. This once-in-a-generation undertaking will improve traffic flow at Canada’s premier trade gateway, and is unprecedented in its community enhancement and environmental features for any highway, anywhere in Ontario.

The Rt. Hon. Herb Gray Parkway spans an 11 kilometre corridor. It is comprised of three essential components:

  • a six-lane extension of Highway 401 that runs below-grade from the area west of the North Talbot Road Bridge to E.C. Row Expressway and then parallel to E.C. Row Expressway to Ojibway Parkway
  • a four-lane, at-grade extension of Highway 3 including the multi-lane roundabout to the area of E.C. Row Expressway where it links into Huron Church Road
  • the Parkway Trail running approximately 20 kilometres set within 120 hectares (300 acres) of green space situated alongside the two highway extensions and across the 11 tunnel tops.

The Parkway will ensure the safe and efficient movement of people, goods and services to and from a future new Canadian inspection plaza and the Gordie Howe International Bridge, separate local and international traffic, and eliminate stop-and-go traffic in residential areas.

Construction began in 2011 and was estimated to create approximately 12,000 jobs through direct employment from construction activity and indirectly through numerous suppliers and service providers. The majority of these jobs were in the Windsor-Essex region. 

The project was delivered by the Ministry of Transportation and Infrastructure Ontario through an Alternative Financing and Procurement model under a design, build, finance and maintain contract with the Windsor Essex Mobility Group and its joint venture Parkway Infrastructure Constructors.

 

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