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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 Oct 08, 2024 8:03am
94 Views
Post# 36257459

RE:RE:USING Worley MAKES PROGRESS FASTER & SIMPLER

RE:RE:USING Worley MAKES PROGRESS FASTER & SIMPLER

True .... he did say that he wanted to see some skin in the game from possible automakers / battery makers before getting in tdeep with promises or agreements., in same breath he indicated he could do a deal in the blink of an eye otherwise. Proof of that would be hidden in some NDA, which we will never see.

we are committed to the landowners on land and Worley, which are in the same bucket, which is a considerable sum of funds going their way as this unfolds and Worley will be under the gun to produce with the object of success. Probably is an interesting deal / negotiation as this comes together but also makes them legit stakeholders in the success of a project , which is a good thing and far better than others in this space. 

we wait .. 

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