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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 Freedom2022on Oct 09, 2022 4:43pm
214 Views
Post# 35015082

"signs signs everywhere" u know the rest

"signs signs everywhere" u know the rest if overall costs of the project were keeping FT from making a deal ?  2-300 million for the Refinery, then wouldnt the Finciers let the Deadline pass?  and concentrate on the Road which even a modest road will cost millions and the cost of the Mine ,, im assuming that its a great sign for a pending deal in FT  NFL sunday cheers!
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