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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 redon Jan 08, 2024 8:05am
117 Views
Post# 35815218

RE:RE:RE:RE:Honda may make a huge Ev investment in Canada

RE:RE:RE:RE:Honda may make a huge Ev investment in Canada

We are more interested in deep pockets ...

but having said that .... a project like ELBM with original stated plans of processing DRC coblat ore in a deal with Glencore gets 10 million from the feds and will process in Ontario....wherein lil ole FT with a significant permited deposit in NWT Canada and riddled with a couple billion of gold, an advanced process plan and site in Alberta and a raft of other Canadian benifits ... gets some 800 k ...... all things considered...what are they thinking ? And who is they ? lol 

FT should be a home grown Canadian CM BM priority it's all there .... with gold projected to go to unseen places and ....cobalt will probably follow in due course who is thinking what ? 

After 20 plus years, we seem to now be hanging our hats on a potential deal with Rio Tinto who is partner to some special testing that could be the kicker to a development ..... with that I am sure they have an eye on our gold to..... we wait 

 

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