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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 > Re road
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Comment by redon Jan 27, 2021 3:50pm
126 Views
Post# 32401634

RE:RE:RE:RE:Re road

RE:RE:RE:RE:Re road

Add these two who have deep roots in the NWT to the list as you can never ever count them out of any major construction development project in Canada / USA 

https://www.pcl.com/ca/en/sectors/industrial/mining

or

https://www.ledcor.com/what-we-do/mining/coals-mineral-metals

my guess is one two or all four have been talked to at one point or another.

FT has to be at a stage where serious discussion would have been had, you don't develop a serious plan to a Finacier or partner without some one legitimate telling you about expected costs and construction schedules etc etc. The processing facility and the mine are projects ideally suited to be built in conjunction with each other. 

Pure speculation on my part 

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