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Fortune Minerals Ltd FTMDF


Primary Symbol: T.FT

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 Oct 07, 2024 8:59am
66 Views
Post# 36255795

RE:News update.

RE:News update. Decarbonization is a hot topic these days .maybe some discussion and planing will also come out in the Worley reporting. I see the Tlicho are participating in a big Toronto conference on the topic and for good reason as there are several projects north wherein there is significant concern with the power situation up here. https://toronto.energyandmines.com/toronto-conference/?keyword=&creative=&gad_source=1&gbraid=0AAAAADnqh9pHF3vGQtF3H_c0vTK4Ox_Nf&gclid=EAIaIQobChMIsqWS0aT8iAMVAM_CBB2HSj22EAAYASAAEgJ7ovD_BwE
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