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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.


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Fortune Minerals Ltd > the 'ptarmi'
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Comment by geolithon Jun 18, 2024 9:52am
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Post# 36093739

RE:RE:RE:RE:the 'ptarmi'

RE:RE:RE:RE:the 'ptarmi'Fortune is pla  ing to operate a concentrator at the Nico Mine, producing a number of streams including a gold stream.

To think that the Tlicho woukd chamge the financial model to where no gold would be permitted to leave their territories is ludicrous.   They cannot afford to buy it, and are not so obtuse as to try to expropriate it.
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