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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 25, 2022 8:05am
118 Views
Post# 35045972

RE:RE:RE:RE:Processing Plant coming to the USA.

RE:RE:RE:RE:Processing Plant coming to the USA.

Arizona is not a stranger to arsenic extraction and waste, assuming that's a potential problem, with our ore, they Must do something with it as it's in thier water.

the lost opportunity for canada would be a problem if we were serious up here and someone besides us at FT ( and a few others) cared. Like most things we are ok if some one else does the final product and we will buy it back a hundred fold as we know there is a price to be Canadian. The Americans on the other hand have a very different view and they are quite vocal about it.

Really they would have direct access to high technology and cheap labor, documented or otherwise and one way or another make it work. Tesla won't be far away in Texas.

if Robin has not picked up the phone, he should, by the time we get our first load of ore to the enterprise rail spur the Americans Will have a processing plant waiting for it.

Made in American Cobalt sulphate and if there is some other hick up at the boarder....well they have the critical metals act and agreements and the defence production act and will do what ever the h-ll they need to. We on the other hand will argue about interprovincial trade barriers - go figure.

give them a call Robin, they probably won't t even want an NDA, we are shovel ready with products they'll need and want....we wait....

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