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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 > Will the Far North be left out of the critical minerals rush
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Comment by Yellowknifer69on Apr 27, 2022 8:59pm
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Post# 34637526

RE:Will the Far North be left out of the critical minerals rush

RE:Will the Far North be left out of the critical minerals rushThanks for sharing Allman.  Tom Hoefer has been in the North for a long time and is a staunch advocate for mining projects.  Suffice to say getting projects off the ground has less to do with local desire than it has to do with being firmly in the sights of Ottawa.

Who knows maybe things are different now given geopolitical issues.

Yellowknifer
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