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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 Oct 23, 2022 8:30am
116 Views
Post# 35041754

RE:RE:How?

RE:RE:How?

Probably better that Allman get that answer ... there are several multi billion dollar diamond projects that TliCho and its multitude of companies and partnerships that are involved with those mines. I think that standard has been set and works well for them. I am not hearing of complaints. 

then there is some real time infrastructure projects where they actually take an interest such as the 20% intrest in the TliCho road and we all know where that leads. That road was not just out there for several hundred people..... 

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