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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 25, 2022 1:30pm
129 Views
Post# 35047296

competition for Alberta?

competition for Alberta?This is excactly what FT needed right now imo,  Now we will see how serious the Alberta and Fed Gov is about forming a country wide supply chain of mining, processing and prouduction of EVs. im fine either way , but just the fact the USA is acting now with refining cobalt, gives me optimism. Mining and Refining will have a formidable enviromental blow back , even though its related to making the world a cleaner place, but it must happen to become seperate from the Chinese and the axis they belong to,, cheers!      one thing, i dont think any USA money will go to FT unless they have a direct  American conection, so we may be better off without Alta?  hmm  
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