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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd > FEDERAL GRANT AID Is COMING !!! WHEN ???
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Comment by ztransforms173on Apr 23, 2024 11:01am
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Post# 36003276

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

RE:RE:RE:RE:RE:FEDERAL GRANT AID Is COMING !!! WHEN ???- go on SEDAR and LOOK UP the Nico FEASIBILITY REPORT under:

May 7, 2014

TECHNICAL REPORT (NI 43-101) ENGLISH

- remember that this is for 2014 DOLLARS and things have CHANGED since then

- this us WHY FT NEEDS an EXPENSIVE UPDATED FEASIBILITY STUDY in ORDER to GET ANY KIND of PROJECT FINANCING

- FT does NOT have this KIND of MONEY which is WHY FEDERAL GRANTS are SO IMPORTANT

- we 'MIGHT' (?) have to DO a FINANCING if the FEDS do NOT COVER 100% of the STUDY COST

- INVESTING in FT is NOT for the RISK-AVERSE and BE PREPARED to LOSE ALL YOUR MONEY IF THINGS DON'T PAN OUT 

z173


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