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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd
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•••
Post by Wangotango67on Sep 05, 2023 5:09pm
142 Views
Post# 35620728

IDEAS...

IDEAS...Now that i've offered a few good suggestions for, Acros Coal Deposit,
let's now discuss NICO....

Good Lordy....
WTH is Fortune doing ?

F around with own processing facility or  tap,
Saskatchewan Research Council's Ree facility ?
Hello.

Excerpt
SRC Purchasing handles all requests for proposals, estimates and quotations to solicit bids for
procurement contracts related to this Facility

Link
https://www.src.sk.ca/sites/default/files/files/resource/SRC%20Rare%20Earth%20Processing%20Facility%20FAQs%202023.pdf


Here's a photo of Fortune's NICO ( article derived )

https://live.staticflickr.com/65535/53166985731_e67906cd0c_z.jpg


See anything important ?
I do.

I see opportujnity starring Fortune in the face.

Lots of water.
Water = Hydrogen.
Hydrogen = Energy for ore processing.

How many years have passed ?
How many shares ?

Pull the gold, bismuth, nickel etc... ( heavies ).
Send remaining cons to Saskatchwan Research Council.
Less cobalt raw tonnage shipped
Cost savings
High con, cobalt


Fortunes update on water permit
https://registry.mvlwb.ca/Documents/W2008L2-0004/NICO%20Mine%20-%20ICRP%20Extension%20Request%20-%20Decision%20Letter
%20-%20Dec%2012_22.pdf


Anyone Awake ?
Pitter Patter.



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