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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 Cletternon Oct 14, 2020 9:50pm
142 Views
Post# 31719031

RE:We need a refinery.

RE:We need a refinery.

Thanks Jim. I'm hopeful there is a Jervois type deal out there for 10 cents on the dollar... a 200 million dollar facility for 20 million.

Certainly would be nice to be privy to the interested parties and the land survey etc. I am particularly interested in the latter as I feel the hidden potential is a catalyst.

best of luck to all and a special thanks to the contributors to the discussion.

lettern

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities