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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 FortuneJimon Mar 27, 2018 8:51pm
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Post# 27791431

RE:wonder where Fortune minerals will get all the money for the

RE:wonder where Fortune minerals will get all the money for theThat’s the $800 million dollar question.    Given that there are 1.1 million oz of proven gold reserves along with the extra large deposit of cobalt I would guess Financing will be a breeze. 

Stay tuned Farm. 


Jim. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities