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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 20, 2024 8:36am
155 Views
Post# 36273577

RE:Unlocking the North - NWT Premier RJ Simpson visits Ottawa

RE:Unlocking the North - NWT Premier RJ Simpson visits Ottawa

This great and it's only now being talked about more openly, at the highest levels where they speak of the potential here in the NWT. 

but FT is the only near term project where already hundreds of millions of Territory and fed money has been spent on infrastructure ( new TliCho hiway). The Nico CM / BM deposit is only about 50 away from that infrastructure. 

whitest names of those with the greatest potential ( like ft ) are rarely spoken - which baffles me - but the undertones are there and is the much of the reason the road is now ithere..... should speak volumes 

With the intercontinental talk of CMs, additional and specific Canadian Fed and USA finding directly to FT, it would seem the writing is on the wall. 

we need a shift in the market and with banks as FT is clearly one of the best potentials near term out there for development. 

Our so called by product, gold sitting at anything over 2000 and now at 2700 plus USD can only help. 

I would be surprised if something of significance does not happen  before that FS update is publicly released .... but as our luck would have it ..... it's anyone's guess.

We wait  

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