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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 > REE from coal deposits
View:
Post by Allman on Aug 31, 2024 11:41am

REE from coal deposits

Recent research finds that rare earth elements (REE) are often found at coal seams, with higher concentrations in anthracite deposits. Wonder if this potential has ever been considered for the Mount Klappen project, for which the option to buy back the coal licence expires in less than a year (May 2025). If the seams could be mined in a less intrusive way, other than using an open pit method, perhaps it could be a win win for all involved.

https://phys.org/news/2024-05-coal-rare-earth-elements.html
Comment by Freedom2022 on Aug 31, 2024 1:17pm
Good idea ,, just wait for 20 years and it will be close to happening lol  just kidding,, cheers from Mr positive 
Comment by Shanedmitchell on Aug 31, 2024 9:23pm
I don't think the locals in the Klappen will ever be in favour of seeing a mine. But who knows! It's hard to believe it was ten years ago when the province bought our stake in the project.  Correct me if I'm wrong but it was 10 million? I think it's definitely worth trying to purchase back if possible.   cheers
Fortune Minerals Ltd
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