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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

Post by Allmanon Oct 24, 2024 9:52am
218 Views
Post# 36280057

NICO project CDF expert panel

NICO project CDF expert panelIt's so quiet you could hear a pin drop; however, there are indications at the wlsb.ca site that forward moving steps are being taken ... the NICO Project site has been in care and maintenance with no mining activity, Fortune Minerals Limited (Fortune; the Licensee) has recently indicated that it is working towards becoming active and is in the process of looking at its relevant and required regulatory authorizations.

https://lwb-registry-867.s3.ca-central-1.amazonaws.com/Documents/W2008L2-0004/NICO%20Mine%20-%20CDF%20Expert%20Panel%20-%20T%C5%82%C4%B1%CC%A8cho%CC%A8%20Government%20Appointee%20Update%20and%20Correspondence%20-%20Jun%2017_24.pdf
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