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Bullboard - Stock Discussion Forum Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

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 > Fed's may pay for more power
View:
Post by Tuckerthefox on Jun 08, 2022 1:42pm

Fed's may pay for more power

The NICO critical mineral mine is only 22km from Snare Hydro, but there is insufficient capacity to supply the mine, requiring Fortune Minerals to burn fossil fuels for its power supply. Linking Taltson power to the Yellowknife-Snare Grid would free up power from Snare to meet that mines green power needs and the nearby communities of Whati and Gameti. https://www.miningnorth.com/chamber-news/103040
Comment by red on Jun 08, 2022 1:56pm
That would be a great plan but talston will be probably at least ten years out? It would be great to take YK off snare and be available for mines etc.  I think TliCho own snare ? Expansion possibilities? I bet YGT would be interested in that aswell if they plan a project north of Yk.  The TliCho have another power project they are looking to do and may be closer?  not seeing ...more  
Comment by Tuckerthefox on Jun 09, 2022 6:07am
Agreed. Bio looks good.
Fortune Minerals Ltd
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