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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 Jun 18, 2022 7:56am
162 Views
Post# 34766507

RE:Caroline Wawzonek: Arctic Development Expo

RE:Caroline Wawzonek: Arctic Development ExpoWe are getting talked about and is very important to us ....exposure exposure exposure alll helps.

"...A week ago, the GNWT announced that it has accepted a letter of offer from Fireweed Zinc Inc to acquire its Mactung property, which hosts one of the world’s highest-grade tungsten deposits.

The increased demand for critical minerals is good news for projects such as NICO, Pine Point and Prairie Creek, which are nearing mine construction decisions. Menzie McEachern of ITI will present on our minerals focused work, as well as on the mineral potential in this region....." 

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