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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

Post by redon May 24, 2022 1:00pm
116 Views
Post# 34704043

Call it what you will….

Call it what you will….frame it as you may like but the primary objective of FT and Nico being developed gets better and better every day and I guess why we hang on ...cause we can't make this stuff up and are constantly bombarded with what looks to be the inevitable with the Nico deposit even though it's not the biggest but it's ready and permited......It's not pumping it is simply sharing what we are reading and hearing everyday.

yes Referance is to the USA but it may just as well be Canada given the agreements we have and the integration of our economy to there's....

from cobalt news ..."Ford CEO Jim Farley called for more mining last month around the company’s launch of its all electric F-150 Lightning…“We need mining permitting. We need processing precursor and refinement permitting in the U.S., and we need the government and private sector to work together and bring it here,” Farley told CNBC…" 
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