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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 Jul 12, 2022 4:04pm
87 Views
Post# 34819004

RE:Where would FT rank?

RE:Where would FT rank?

Interesting  !! If one created a Critical metals scale I would like to think we woukd be top or at least the top three in that we have a candain deposit, permitted site, primary CM cobalt, largest deposit of CM bismuth in the world, copper and PM gold etc .... how could we not ? 

Just need something short of  probably 700 million and could be operational in two years. Plus time for final permits on process plant.

I don't know of any other JR in this position anywhere in the county let alone the world. 

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