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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 Allmanon Aug 17, 2024 4:53pm
188 Views
Post# 36184425

More promising bismuth applications

More promising bismuth applicationsWhile we're waiting for the next domino to fall and take us further up the Lassonde Curve, the number of new applications for bismuth continues to grow, turning this once under-appreciated Pepto-Bismol metal into a highly desirable / new tech metal. The latest research and applications use bismuth in the manufacture Quantum Computing chips and data storage (which is partially funded by the US Department of Energy). With such and other innovations, having the worlds largest friendly bismuth deposit must not go unnoticed. This thumb twiddling exercise is a real pain, but given the past and recent knowns of the NICO project, the end result could prove to be a worthwhile endeavor.

https://www.storagenewsletter.com/2024/08/15/from-university-of-chicago-pritzker-school-of-molecular-engineering-new-material-for-optically-controlled-magnetic-memory-discovered/

https://www.sciencedaily.com/releases/2024/05/240521204322.htm

https://www.youtube.com/watch?v=RPs3nuzJnrA&t=308s
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