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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

Post by ztransforms173on May 16, 2024 11:02am
131 Views
Post# 36043426

Remember: BIG INFRASTRUCTURE MONEY Is Still MONTHS AWAY ???

Remember: BIG INFRASTRUCTURE MONEY Is Still MONTHS AWAY ???- this would be for the 50 kilometers SPUR ROAD and the 22 kilometers CONNECTION to ELECTRIC GRID POWER IF GRANTED (???)

- hopefully, the Government of the Northwest Territories was ABLE to PUT TOGETHER a ROBUST application on BEHALF of Fortune Minerals

z173



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