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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 29, 2021 5:21pm
104 Views
Post# 33779923

RE:RE:RE:refinery

RE:RE:RE:refinery

Con site Geo was a city of YK pink elephant thought of about 60 million worth several years ago .... the idea being to supplement the heat with biomass, and pipe to some big buildings gs DT YK but guys who worked in the mine and actually recorded temperatures said that they never recorded the kinda temps the science report was showing ... the discrepancy continued but was enough for me to vote no on the referendum of the day. ( I like hands on opinions) 

however that does not mean it could not be effective on a smaller localized facility at or near the site. The site is being remediated and is owned / leased buy Newmont and there is renewed exploration activity being done by my holding of YGT, with Newmont blessing .... and there is a lot of anticipation of that happening right now. 

con is across a small lake directly behind my house so I am familiar with it lol. 

I would love nothing more that to see a revitalized project there. 

Hiway shipping ore from FT would be a challenge thru the city to this site ..... but that's not to say barging from north arm of GSL would be out of the question .... there are old existing facilities there and while it's a long way down the road ... anything is possible I guess. 
 

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