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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 > Fortune Minerals eying $800M CM's plant in Lamont county
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Comment by ztransforms173on Oct 24, 2024 6:17pm
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Post# 36281134

RE:Fortune Minerals eying $800M CM's plant in Lamont county

RE:Fortune Minerals eying $800M CM's plant in Lamont county- Lindsay Morey is CONFUSED

- the PROJECTED $ 800 CAPITAL COST for the Nico PROJECT is for BOTH the Nico MINE & CONCENTRATOR and the LAMONT AB HYDROMETALLURGY REFINERY

Plans for Fortune Mineral’s $800 million NICO Project in Lamont County. A final construction decision will be determined within the next 17 months. Photo supplied
 
- the article ERRONEOUSLY IMPLIES that the $ 800 million CAPITAL COST of the Nico PROJECT is the LAMONT AB METAL REFINERY ALONE

z173
 
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