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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 Notmyfirstrodeoon Dec 03, 2024 2:08am
85 Views
Post# 36342056

RE:RE: Santa's Elves

RE:RE: Santa's ElvesI think they have checked out for the Christmas holiday at this point. They have the feasibility study to do and from what I recall the last one took forever to complete so they are good for awhile. Maybe I will make the effort to see how long the last feasibility study took but at this point I don't really want to know. It's possible that there may be some movement on this project by next Christmas but I'm thinking more like two more years before anything substantial happens. 
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