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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

Post by Wangotango67on Dec 19, 2024 10:48am
83 Views
Post# 36370258

ANTHRACITE ( 92 - 98 % CARBON )

ANTHRACITE ( 92 - 98 % CARBON )

Translated -------> Anthracite has 92 - 98% carbon.

1 molecule of carbon = 12.011
Methanol which is = 32.04 molar mass
One could magically expounds the resources by a factor of
= 2.67 x more

For example sake -
200 million tonnes
x 2.67 factor ( methanol conversion )
= 534 million tonnes ( potential methanol )

Similar to ( Li ) resources whreby they tack on CO2
to arrive at - Li2CO3

Anthracite could be cheaper to make Methanol than
= reforming nat gas to Methanol ?

Would love to see a comparison.

BC is pro --------> Methanol.






ARCTOS - at surface Anthracite




Cheers.... 
Post is meant to help junior - offering ideas.... good ideas.

 

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