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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 AbuBabaon Apr 17, 2023 1:15pm
315 Views
Post# 35398772

Troy's news alerts

Troy's news alertsTroy is still sending out his email news alerts with information on general CM matters. Something seems 'off' about these missives in light of our current predicament. How about some news from FT itself with an explanation to the shareholders about where senior management is at and where the company is headed? We haven't made much progress since Robin Goad promised shareholders a new FS 'in two weeks' at the AGM of 2019!
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