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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 Mar 18, 2024 8:24am
131 Views
Post# 35937876

RE:RE:RE:RE:RE:RE:RE:RE:RE:HI DREAMERS!

RE:RE:RE:RE:RE:RE:RE:RE:RE:HI DREAMERS!If they some how get some money I doubt it's going to be "enough" to close a deal on the land in ft Sask.  Which means extension being negotiated...March 31 comes quick....they will not be giving that site up, let's hope the owner cooperates. 

if by whatever stroke of luck they come up with a plan on the site puchase and are able to increase the deposit or something similar , and with so many other things to do with whatever money they get, would be significant news and an accomplishment.....dreaming again.

smaples...testing, revised FS etc etc...big money 

does one do a bankable revised FS study with only an option on the land ? Or do you close it and put more meat into the study.

samples need to get on the road ....yesterday....we wait. 
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