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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

Comment by redon Feb 09, 2021 8:04am
95 Views
Post# 32510525

RE:RE:Good news

RE:RE:Good newsKind of a back door approach but good strategy .....we all knew that waste handling would be a question later.....and why I believed swan hills held the answer ...let's see if that is the case.

It's on the rail system, easily accessible from enterprise.

great location and good rationale for a process facility as well in fact would make too much sense assuming we have to build a new one ...just seeing to much BS to haul ore to edmonton or sask and haul waste back north.....but not impossible. 
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