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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 Aug 28, 2024 12:03pm
168 Views
Post# 36199557

Speaking of re use and recycling…

Speaking of re use and recycling…

FT and Nico may be a perfect candidate for some things  as Diavik comes to an end .... and would be a lot easier if Rio was a partner lol .... would be surprised that it's not been discussed to some degree already in some boardroom. 


“If there was a use, we would much rather see it go to use in really any mine. It doesn’t have to be Rio Tinto, it doesn’t have to be a mine, but we want to see the stuff that still has a value of use, go to further use rather than end up in the landfill.”

https://cabinradio.ca/198393/news/economy/mining/with-closure-imminent-diavik-sets-out-whats-left-to-do/

 

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