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Bullboard - Stock Discussion Forum Fortune Minerals Ltd FTMDF


Primary Symbol: T.FT

Metals & Mining Industrial Metals & Minerals
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... see more

TSX:FT - Post Discussion

Fortune Minerals Ltd > Fortune Minerals is pushing ahead with plan
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Post by cmarketinsights on Oct 16, 2024 6:52pm

Fortune Minerals is pushing ahead with plan

Fortune Minerals is pushing ahead with plans for an updated Feasibility Study on their NICO project, which hosts North America’s largest primary cobalt deposit and the world’s largest bismuth deposit. Given the fluctuation in cobalt prices, this study could provide more clarity on the project's long-term viability. With a total of C$16.2M in grants from the U.S. Department of Defense and the Canadian government, there's a solid foundation for future development.
 
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