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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 Apr 23, 2021 4:48pm
121 Views
Post# 33057234

RE:RE:RE:RE:Whats everyones opinion on the refinery ?

RE:RE:RE:RE:Whats everyones opinion on the refinery ?

While Geo is 100 % correct on viable western options for FT ore...certainly in endmonton .. you would think that any ore from Canadian sources would have far better optics than DRC or Cuban ore something for FCC to think on. 


futher we also know that our ore and processing plans for sulphate ( OTTOMH I think is what it's called ) is different than what is currently produced at Sheritt in edmonton .... so if we end up there a modification is required but still much much less cost that staring a new facility. Personally that's where I think this is headed. 

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