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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 Apr 05, 2024 8:27am
109 Views
Post# 35972219

RE:Goldman Sachs is back this Am

RE:Goldman Sachs is back this Am

The uniqueness of the Nico deposit of CMs and GOLD may be spurring additional interest/ investment coupled with our advanced stage and good FN relations which will lead to a likely first in line for some gov support. Gov support will add to private support. 

it can't hurt that gold is sitting in the 2300 range and some predicting 2600 or more soon! 


we wait....

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