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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 Jul 22, 2024 8:14am
154 Views
Post# 36142343

RE:RE:RE:$cad 0.28 per share soon!!!

RE:RE:RE:$cad 0.28 per share soon!!! Well ...like usual, we work with what we can find cause the company is not saying much to us. Results from RT material test should be available soon and with that may be the reason the Lamont land deal is on hold ? With positive results Maybe RT steps in and provides interm financing to complete the deal on land and operations to start to tap into grant monies? Who knows ....we can speculate out the ying yang but there something going on.

We wait....
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