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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Ltd > USING Worley MAKES PROGRESS FASTER & SIMPLER
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Post by ztransforms173on Oct 07, 2024 8:41am
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Post# 36255769

USING Worley MAKES PROGRESS FASTER & SIMPLER

USING Worley MAKES PROGRESS FASTER & SIMPLER- as WORLEY OWNS JFSL FIELD SERVICES LLC who are the LEGAL ENTITY that POSSESSES the PROPOSED hydrometallurgical refinery site and THUS has the AUTHORITY to INITIATE the METAL REFINING PERMITTTING PROCESS

- so Worley takes the MICRON and P&E CREATED 2014 Feasibility Study, ADDS NEW INFORMATION and PREPARES the NEW NI 43-101 TECHNICAL REPORT

- the NEW NI 43-101 Technical Report is ABSOLUTELY NECESSARY in ORDER for Fortune Minerals to OBTAIN FINANCING to ADVANCE to the CONSTRUCTION STAGE of the Nico Project

z173

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