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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 ztransforms173on Nov 28, 2023 12:09pm
117 Views
Post# 35756486

RE:IMO management has no more .......

RE:IMO management has no more .......- there is a LOT OF GOVERNMENT MONEY on the TABLE that was NEVER THERE BEFORE due to the INSANE GREEN CULT AGENDA

- TECHNICAL and PLANNING PROGRESS has BEEN MADE but FINANCIAL PROGRESS is STILL A DISTANT DREAM but is NOW WITHIN GRASP (???) if SECURED CREDITORS 'BELIEVE' that there is a CREDIBILE PATH FORW
ARD and GREATER STREAMS of PAYABLE ORES are PROCESSED and REFINED at the new HYDROMETALLURGICAL REFINERY 

- BUILDING a MINE (with concentrator and mill) and METAL REFINERY is a VERY DIFFICULT TASK for a RESOURCE-CHALLENGED junior mining exploration company

- the ODDS were ALWAYS AGAINST IT

z173



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