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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 Tuckerthefoxon Jul 19, 2021 2:46pm
114 Views
Post# 33570116

RE:JRV in Hold

RE:JRV in Hold Found this from yesterday. Street Talk Cobalt kid Jervois Mining readies big buy, raising Anthony Macdonald and Yolanda Redrup Jul 18, 2021 9.34pm Save Share ASX-listed battery minerals play Jervois Mining is seeking to land an ambitious one-two knockout punch via an acquisition and associated capital raising to help fund it. It is understood AustalianSuper-backed Jervois Mining has its eyes on a new refinery which it reckons would charge up its plans to hit commercial production at its Idaho Cobalt Operations in the United States.
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