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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 28, 2024 8:15am
170 Views
Post# 36110349

Nothing new ….

Nothing new ….

But it's inevitable Alberta gets involved, possibly after land deal is consumated 

The NWT and Ab relationship is deep..we know it and the know it ....our project needs AB gov support and it's probably coming and would be that last level of Gov support to be announced ....what's good for us is good for them. It's pure opportunity political and otherwise 


 https://www.alberta.ca/minerals-strategy-and-action-plan
Processing capacity

Alberta is home to leading refineries for critical minerals, including nickel, cobalt, and magnesium. Alberta as a gateway to the North provides opportunities for refining and mining services to mining operations in Northern Canada.

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