FT Stock Discussion

Fortune Minerals Limited Description

Fortune Minerals Limited is a Canada-based development-stage mining company. The Company is engaged in developing, mining and processing precious and specialty minerals projects. It is focused on NICO gold-cobalt-bismuth-copper project, consisting of a proposed mine and mill in the Northwest Territories that will produce a bulk concentrate for shipment to a refinery that it focuses to construct in Saskatchewan. The NICO Gold-Cobalt-Bismuth-Copper deposit is located in the Northwest Territories approximately 160 kilometers from the city of Yellowknife. The products that will be produced at the refinery include cobalt chemicals used to make rechargeable batteries, bismuth metals and chemicals, as well as gold. It also owns the Sue-Dianne copper-silver-gold deposit, which is located over 24 kilometers north of the NICO deposit. It has interests in approximately 116 hectares at property south of Great Slave Lake with copper, silver, gold, lead and zinc showings, and on Camsell River NSR.

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Gold Metal Chemistry Copper Physical Sciences Silver Metals Minerals Chemical Elements Zinc Cobalt Chemical Northwest Territories Chemicals Nsr Yellowknife Bismuth Refinery Rechargeable Batteries