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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 > Fortune Minerals Limited Provides NICO Project Update
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Comment by reddog11on Jun 23, 2021 2:40pm
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Post# 33435458

RE:RE:RE:RE:RE:Fortune Minerals Limited Provides NICO Project Update

RE:RE:RE:RE:RE:Fortune Minerals Limited Provides NICO Project UpdateAbsolutet agree. Refinery is a pipedream and is not needed for shareholder value. We will never be funded what would be required to build a refinery. Just stop with this thinking management and move on. We have ONE mine. We are not a Glencore needing a refinery for 100 years where that would create long term shareholder value. Building a refinery for this mine will dilute us current owners hugely.


RD
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