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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
Comment by uudamannon Aug 10, 2020 5:19pm
209 Views
Post# 31389673

RE:RE:RE:RE: News out. Exploration program announced.

RE:RE:RE:RE: News out. Exploration program announced. Australia's monster Olympic Dam mine was well known and established by 1997. Goad has linked it with the NICO IOCG style deposit to highlight wild blue sky potential. A three meter core is nothing but the gold yield was at least one gram/ton in 1997. Pretty good.  NO ONE IN THEIR RIGHT MIND WOULD EVER HAVE STOPPED THERE.

I think Goad and FT are constrained what they can disclose at this time but would love to see this horse run.

I think we are in for one helluva surprise. 


Bullboard Posts