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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 > come again?
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Comment by geolithon Mar 19, 2021 9:05am
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Post# 32836542

RE:RE:RE:come again?

RE:RE:RE:come again?
And yet history has shown that ALL developing juniors, some with the largest heavy rare earth deposit in North America, some with one of the richest silver zinc Mines, or the largest gold reserves in the NWT, or a new and advancing IOCG deposit, have left the jurisdiction during permitting. The question isn't why did Fortune look to Colorado, but why did EVERY junior in the permitting process look afield.
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