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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 Dec 11, 2024 8:32am
100 Views
Post# 36356188

RE:RE:High-Efficiency Industrial Motors using MnBi perm. magnets

RE:RE:High-Efficiency Industrial Motors using MnBi perm. magnetsFT / NICO holds the largest known deposit of bismuth on earth, in light of the China syndrome, one would think the solution to the problem of NA supply of bismuth rests at this unique deposit of bismuth and is riddled with Gold, cobalt and copper. Any serious consideration of a solution to the problem, by those in the know, would make NICO a no brainer which again leads to the question and issue of why we are where we are and how serious Gov and industry is about finding a solution. FT has it all ....we wait.
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