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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 geolithon Nov 10, 2024 12:24pm
107 Views
Post# 36305491

RE:RE:RE:Canada and NWT to Make CMs Infrastructure Announcement

RE:RE:RE:Canada and NWT to Make CMs Infrastructure AnnouncementAbsolutely.   Burning diesel for electricity and then flushing the heat is the worst way to generate power.  Having an existing hydroelectric power plant that was operational on shutdown take more than a year to restart speaks to boon doogles.  Maybe engineering, maybe regulatory.  NWT residents should expect better.
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