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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 geolithon Oct 02, 2023 3:08pm
156 Views
Post# 35665526

RE:RE:Rio Tinto

RE:RE:Rio TintoOr perhaps RTZ is offering a better deal.  To have Fortune build their metallurgical plant at a brownfield site in Utah, perhaps next to a smelter where there is feed that doesn't require Nico.

Our current government in Canada is great at moving to ban single use plastic bags, but making a big decision???  If they didn't teach it in high school, Canadian leadership doesn't know about it.
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