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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 15, 2021 9:25am
123 Views
Post# 32567613

RE:RE:RE:RE:Spur road and new F S

RE:RE:RE:RE:Spur road and new F SI won't deny that point, but there is a cost to maintaining the qualified process plant employees associated with that  ....very different than mining type employees,  Cost of processing power would be another point of contention, waste disposal another....the list of disadvantages goes on and must outweigh the advantages ...but I agree if there was a way that would be fantastic, and has been raised here in the past.

that site where the new rail spur is located in Enterpise is ceratainly big enough, and if the owner advances his Aurora wood pellet operations along with a biomass power tactility fed by such, would be the ultimate program and would add another dimension to and redefine vertical integration. I will dream on ...


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