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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 Freedom2022on Feb 16, 2024 12:42pm
111 Views
Post# 35884433

RE:RE:RE:Interesting: AI In A RARE EARTH PROCESSING FACILITY In SK

RE:RE:RE:Interesting: AI In A RARE EARTH PROCESSING FACILITY In SKit delayed us for sure, but i dont think Nico would be able to keep up timeline wise or funding wise concidering the Feds are So slow and behind the curve in the war against the "evil axis" China ,Russia etc  Also i like the Alta site better!  , too bad we didnt go there from the start if possible,,Alta just seems more ok with industrial type projects,,, CMRDDP only gives 5 million max, we need multiple funding, FT is a complex project to finance,, cheers!
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