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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 Aug 21, 2024 9:11am
94 Views
Post# 36189478

RE:Re: Alex Mezei

RE:Re: Alex Mezei

Agreed, good info .... I gues his paycheck will come from the grant money received some time ago for sgs testing maybe some expense to be paid by RT as they have a lot to gain should this work out like RG expects - but there is the lingering question of where we are getting 100 k per month on this land deal and we probably have to deal with some retroactive payments from May? 

not adding up based on info we have - gotta be more news coming. 

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