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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 parahyangamon Nov 14, 2023 5:46am
186 Views
Post# 35733615

COAL

COALThere are 4500-5000 members in the Tahltan nation.

85% live outside the territory in BC, Yukon, Canada the US.

Thus 750 people remain and reside in three small, scattered hamlets: Telegraph Creek, Dease lake and Iskut.

750 people occupy 100,000 sq Km.

Of those 750 not all are aboriginal. 

None reside near MT Klappan.

The Canadian supreme court has already ruled continuous residence and land use to a certain standard is required to sustain native claims.

See Williams Lake decision.



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