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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 sdhakaon May 29, 2024 4:55pm
189 Views
Post# 36063103

The metals that Fortune Minerals explore are shining bright.

The metals that Fortune Minerals explore are shining bright.

Fortune Minerals Limited (FT.TO) witnessed a remarkable 140% increase in May 2024. As we all know it explores for metals such as gold, cobalt, bismuth, copper, silver, lead, and zinc in Canada.


Over the past year, gold has risen by 20%, silver by 34%, copper by 21%, and zinc by 30%. Where do you predict these prices are headed?


Catch the latest insights on the metals market and resource mining news in our weekly commentary by certified analysts, available here: https://www.researchfrc.com/content/analyst-ideas/post/91/bright-prospects-for-the-us-bitcoin-optimism-our-top-picks-continue-to-outperform

 

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