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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 14, 2024 8:26am
111 Views
Post# 36088740

RE:The kitchen is heating up

RE:The kitchen is heating up To that end..... the new CEO of TliCho comments ( LinkedIn)  Paul Gruner ...

"..Another article looking at the need to pivot the Northwest Territories economy away from diamonds this time by the President of the NWT / Nunavut Chamber of Mines Kenneth R.. I truly worry for all of the employees, businesses, communities and Indigenous groups that rely on the wealth of opportunities that the diamond sector has generated in the territory for the past 30+ years. 
 
As Kenny states. We need to look to the growing depend of critical minerals of which we have an abundance of. The time is now for NWT to be a world leader in supplying a multitude of critical minerals that are in demand. 
 
Let’s work together to unlock this potential and ensure that Indigenous communities are at the forefront of this new wave of opportunity. " 

I think safe to say the TliCho will be on board in May ways, to help pave the way for this project, thier future wellbeing , along with the reset of us up here, is dependant on it. 


It's a no hold barred situation, what we have been waiting for is coming, flood gates will open ... all eyes will be on Lil ole FT and will be an international mining story 

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