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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 27, 2024 8:54am
167 Views
Post# 36283865

RE:RE:RE:Tłı̨chǫ CEC Attend Strategic Mine Meetings in Australia

RE:RE:RE:Tłı̨chǫ CEC Attend Strategic Mine Meetings in Australia

RT has a significant reclamation project at Diavik and most definitely looking to keep TliCho on its good side to do that effectively and with the least amount of trouble in the process, we can let our imaginations run wild on ways and means, along with carrots that may be dangled to facilitate that. Our relationship with RT is what ? Some potential process collaboration? ... in as much as we know ..

Rio must have some projects in Australia that they can use as examples for CEC and reclamation and would be of interest to the CEC of TliCho on that. 

But it could be a stepping stone to something much bigger given the few new development opportunities available to the TliCho territory especially in the realm of economic activity which no doubt the TliCho are concerned about. 

who knows what this meeting may bring but it is something positive and has potential. 

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