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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 Apr 23, 2024 9:49am
112 Views
Post# 36003054

RE:RE:RE:FEDERAL GRANT AID Is COMING !!! WHEN ???

RE:RE:RE:FEDERAL GRANT AID Is COMING !!! WHEN ???

Programs and funding for critical minerals projects


https://www.canada.ca/en/campaign/critical-minerals-in-canada/federal-support-for-critical-mineral-projects-and-value-chains.html

-
 CANADA STRATEGIC CRITICAL MINERALS INFRASTRUCTURE FUNDS are 'EXPECTED' to be ANNOUNCED in the FALL of 2024

- these are the BIG MONEY GRANTS for ROAD and ELECTRIC GRID CONNECTION to the Nico mine and concentrator

- SMALLER GRANTS for the UPDATED FEASIBILITY STUDY 'SHOULD' (?) be COMING in the NEXT 3-4 MONTHS 

- OTHER MONIES, LOANS, and CAPITAL INJECTIONS {?} are IN PLAY depenfing on the SOURCE and REQUIRED QUALIFICATIONS

z173

 
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