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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 > Updated September Presentation!
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Comment by Yellowknifer69on Aug 27, 2021 10:48am
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Post# 33775551

RE:RE:RE:RE:RE:RE:RE:RE:RE:Updated September Presentation!

RE:RE:RE:RE:RE:RE:RE:RE:RE:Updated September Presentation! Hey all:

Allow me to weigh in on this question.  The 'refinery' for Giant Mine left a seriously bad legacy in terms of environmental damage.  I would suggest that there is little appetite at the community level to see something like this repeated.  Not saying that a new refinery would repeat same processes just saying that the negative imagery associated with refining would be fought by many in the NWT.

As someone previously mentioned - best case scenario is to share resources, expertise available in more southern jurisdication. IMHO.

Happy Labour day to all!

Yellowknifer
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