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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 Unlurkeron Oct 19, 2022 3:10pm
129 Views
Post# 35034415

RE:Automakers need more time to meet U.S. minerals requirements

RE:Automakers need more time to meet U.S. minerals requirements
Which begs the question... what does it even mean for VW to strike a deal with "Canada"? It's not "Canada" that will be mining and processing minerals. And what would Canada gain by such an agreement?
 
Why hasn't anyone struck a deal with the guys that actually have the minerals? It's truly mind boggling.
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