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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 Jun 11, 2024 11:52am
129 Views
Post# 36082870

RE:Tlicho Gold Reserves

RE:Tlicho Gold ReservesTliCho gold ? Besides Colomac here is one for sale, 40 km from us and for sale 

at one time they wanted to know if we could process thier ore at FT -  don't think testing was ever done 

CABIN GOLD PROJECT, NT, CANADA

Rover Critical Minerals owns a 100% interest in the Cabin Gold project which is located 110 km northwest of the city of Yellowknife, road accessible off of Highway NT3, at the north end of Russell Lake. The Cabin Gold project is 40km southeast of Fortune Minerals’ NICO mine and the claims are available for access off of the new Tlicho All-Season Road (“TASR”).

The Cabin Gold project is considered to be a high-grade gold exploration project with gold hosted in iron-formation, near to surface. The project has a historic gold resource that has been both confirmed and expanded upon by the company.

Rover has invested over CAD4,000,000 into exploration at the project over four years. The exploration work includes extensive ground and airborne magnetics, ground IP surveys, LiDAR mapping, and three diamond drilling campaigns. The Company has prepared an NI 43-101 Technical Report for the Cabin Gold project. Please contact the Company to request a copy of the technical report.

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