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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 10, 2021 6:06pm
149 Views
Post# 32532622

RE:RE:RE:RE:RE:RE:Elitespooner The thing about Jim

RE:RE:RE:RE:RE:RE:Elitespooner The thing about Jim

Then discuss I am all ears, 

IBA is a fact when you know the Parties at the table, I have noted before that the TliCho and Kiewit agteement ( once keiwitt was award the job) then and only then did they reveal The TliCho involvement in fact there is no IBA on that it was called participation of which the TliCho took on 20 %!! 

the TliCho also have substantial agreements with other mines .... there is precedent... Depending on who ... will dictate those details but rest assured TliCho will be active in a very reasonable way like they are every where else .... it's a non issue. 

shovel ready ??? No - why ?? 

Technical report ... we have .... needs update ? Again that is dependant on who we are talking to there is enough on the table that a qualified partner can read between the lines..... it's viable at 15.00 cobalt and 1200.00 gold as it sits. 

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