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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

Post by Tuckerthefoxon May 07, 2021 12:27pm
133 Views
Post# 33152792

China protecting their new province Africa

China protecting their new province Africa China is moving behind-the-scenes toward establishing a major naval port on the west coast of Africa that would host Chinese submarines and aircraft carriers capable of projecting Beijings military power directly into the Atlantic, a top U.S. military official warned on Thursday. The top commander for U.S. military operations in Africa said Chinese officials have been approaching countries stretching from Mauritania to south of Namibia in search of where to position the naval facility. Theyre looking for a place where they can rearm and repair warships. That becomes militarily useful in conflict, U.S. Gen. Stephen Townsend said in an interview with The Associated Press.
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