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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 uudamannon Jul 29, 2020 8:28pm
214 Views
Post# 31340890

The IOCG & MGMT

The IOCG & MGMTBefore 2011 the IOCG was explored. What they found was simply stunning. In 2011 Star mines bought the leases of the old R-V mine. In 2013 40 million USD was invested to re-open the mine. Or so goes the claim by Star mines. In 2014 FT bought the R-V mine. 

I read the Big SCORE by Jacquie McNish published in 1999. A perfectly delightful 500 page book. Meticulously researched. The real title should have been.  "How Serendipity made Robert Friedland rich".

https://www.visualcapitalist.com/the-story-of-voiseys-bay-the-auction-part-2-of-3/
Bullboard Posts