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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

Post by redon Oct 19, 2020 9:27am
118 Views
Post# 31738153

Cobalt interest is developing

Cobalt interest is developing In keeping with following other cobalts ....FCC is in the news again this am also with new and expanded geo work to better define previously known anomalies in Idaho ....sounds familiar ? We just did same on our permitted development.

but also in general terms from the news release today has to indicate that there must be serious eyes on us. 

Trent Mell , President & Chief Executive Officer, commented: 

"Developing a domestic supply of cobalt and other critical minerals has taken a new urgency in 2020, as North America strives to become less reliant on foreign supply."....

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