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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 uudamannon Aug 27, 2020 12:02pm
102 Views
Post# 31460707

RE:RE:Whati NWT

RE:RE:Whati NWTA lot more buried at NICO than the disclosed, current 5 billion polymetallic deposit. A lot more. All kept under tight wraps. For strategic reasons that far transcends the short-time aspirations/greed of the financial markets.

LMAO re-reading the 2014/15 FT news releases and the SEDAR filings. Love that 52 minute audio interview May, 2014. For good reasons no video available. Real good thigh slapper.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities