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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 Jan 30, 2023 5:37pm
244 Views
Post# 35254991

nwt

nwtWell in Fortunes back yard ,  we dont have any of those problems as all land owners are on board, we are shovel ready so to speak, all we need is a FS completed . Seems to me , we should have Partners fighting for control of Cobalt, Bismuth and of course gold, 400-800 million with inflation driving up costs of minning , i think 350-700 mill days are over,just my opinnion, either way when a vital project isnt getting any positive attention regardless of it being in the NWT ,something is very wrong ,, im not being impatient , i dont expect Any, news till June,,, cheers
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