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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 Aug 28, 2021 8:59am
133 Views
Post# 33778104

RE:refinery

RE:refineryBesides the facts of the science demonstrated in your response and given the decline in new mineral operations in the NWT that is ongoing and more coming .....attitudes in and around Yellowknife may change but would add years to our program. If there was even a remote chance it might be at the Con mine site which is owned by Newmont and still a permitted site and newmont would have the wherewithal.....again that would be a very long shot .....the complexity of our processing ....time lines etc, is best done south.

appreciate the science presented great comment. 
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