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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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(18)
•••
Post by elitespooneron Nov 25, 2020 3:10pm
801 Views
Post# 31971818

Spur Road

Spur RoadThe taxpayers in Quebec supported the Renard spur road.

"Qubec agreed to provide Stornoway with an unsecured credit facility of up to C$77 million to complete its work, at an annual interest rate of 3.35%, amortized over 15 years, with a repayment schedule based upon planned commencement of commercial production at Renard."

Fortune plans have been in place for the past decade. Let the building commence !!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities