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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 > updated feasibility study!
View:
Post by good7news7soon on Oct 15, 2024 7:14pm

updated feasibility study!

The updated feasibility study to be completed by Worley Canada will include:
• Current market conditions, metals prices, and capital and operational costs.
• Improved transportation infrastructure that extends the NWT to within 50 kilometers of NICO.
• The securing of an industrial site in Alberta to build the hydrometallurgical processing plant.
• An upgraded and refined resource model for the NICO mine project.
• Analysis of processing third-party material at the Alberta refinery, including the recovery of bismuth and cobalt from a waste product produced at Rio Tinto's Kennecott smelter in Utah.
https://www.miningnewsnorth.com/story/2024/10/11/northern-neighbors/fortune-initiates-nico-feasibility-update/8744.html
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