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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 redon Jun 19, 2024 1:32pm
208 Views
Post# 36096276

And we wait ...

And we wait ...Given our advanced state of affairs, recent and new USA and Can gov seed monies - Daily news on CM s and how important they are to us all - its remarkable we are where we are....what ever the missing links is/ are ... something needs to break in our favour 


Reuters - June 18, 2024
The chair and top Democrat on the House select committee on China will announce Tuesday they are launching a bipartisan working group to reduce China's dominance of critical mineral supply chains…Representative John Moolenaar, the committee chair, and Raja Krishnamoorthi, the top Democrat, said the new working group will help propose policies to lower U.S. reliance on China for critical minerals used in a variety of products from semiconductors and wind turbines to electric vehicles…"Critical minerals are the building blocks of everything from basic consumer goods to advanced military technology. America’s reliance on the Chinese Communist Party’s control of the critical mineral supply chain would quickly become an existential vulnerability in the event of a conflict,"
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