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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 Jan 14, 2025 10:07am
83 Views
Post# 36403057

RE:Ford on critical minerals.

RE:Ford on critical minerals.

Keeping it in the news only bodes well for FT with its unique and permitted deposit at Nico - none other like it in Canada - Ford and others are only now seeing the possibilities of our CMs and their "criticalness" ... which should have been done years ago .

Alberta could jump into this fray almost immediately and should not surprise us if they did and we don't need five or ten years with our highly advanced play to move into production. 

Smith is p-ssed at eastern politicians for denying Canada self sufficiency ( interprovincial pipelines ) with our oil n gas from the west for the east and she has stated that... and her war chest is full of $$ ( getting bigger ) and FT needs only a small amount of that to place AB on the CM map. Not to mention USA DOD investment. 

its bound to come up, RG should open an office in Alberta lol ...it would be noticed .... and could get very interesting.... we wait... 

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