Fortune Minerals Ltd. is announcing with deep sorrow that Carl Clouter, one of the Company's founding directors, passed away on October 15, 2021, at the age of 78 after a brave fight with cancer. Carl was part of the great Canadian legacy of northern bush pilots who provided the transportation link to isolated communities and exploration camps, and [...]
Fortune Minerals Ltd. is pleased to announce that it has initiated an approximately 3000 metre drill program on the Company's NICO Cobalt-Gold-Bismuth-Copper Deposit in Canada's Northwest Territories. Equipment and personnel are currently being mobilized to the site and drilling is expected to commence at the end of this week. The NICO Deposit and [...]
Fortune Minerals Ltd. is pleased to report the results of its Annual Meeting of Shareholders held on June 22, 2021 , and provide a summary of work on its 100% owned NICO Cobalt-Gold-Bismuth-Copper project in Canada. The NICO Project is a planned vertically integrated Critical Minerals development comprised of a mine and concentrator in the [...]
Fortune Minerals Ltd. is pleased to announce that it has closed a private placement offering of units, consisting of one common share of the Company and one-half of one warrant. A total of 3,871,426 units were issued at a price of C$0.14 per unit providing the Company with gross proceeds of C$541,999.64. Each whole warrant entitles the holder to [...]
Fortune Minerals Ltd. is pleased to report that Aurora Geosciences Ltd. has completed three-dimensional modelling and interpretation of the data from last fall's induced polarization and ground magnetometer surveys carried out east of the NICO Cobalt-Gold-Bismuth-Copper Deposit in Canada's Northwest Territories. The geophysical interpretations were [...]
Fortune Minerals Ltd. is pleased to announce that it has received indicative terms from a large waste disposal and environmental services company to dispose of the process residue from the planned refinery for the NICO Cobalt-Gold-Bismuth-Copper Project . This waste disposal company operates a number of facilities in western Canada and provided its [...]
Fortune Minerals Ltd. is pleased to report that Aurora Geosciences Ltd. has completed the previously announced induced polarization and ground magnetometer geophysical surveys along the projected east extension of the NICO Gold-Cobalt-Bismuth-Copper Deposit in Canada’s Northwest Territories. The surveys were successful in outlining several large [...]
Fortune Minerals Ltd. is pleased to report that it has commenced the recently announced geophysical program over the expected east extension of the Company’s 100% owned NICO Gold-Cobalt-Bismuth-Copper Deposit in Canada’s Northwest Territories. Fortune contracted Yellowknife-based Aurora Geosciences Ltd. to conduct the initial phase of work [...]
Fortune Minerals Ltd. is pleased to report that restrictions on travel imposed by the Northwest Territories Government for the Covid-19 pandemic have been eased, allowing work to resume on the Company’s 100% owned NICO Gold-Cobalt-Bismuth-Copper Project . The NICO Project, located 160 kilometres northwest of Yellowknife, contains an Iron Oxide [...]
Fortune Minerals Ltd. reports that the nominees listed in the management information circular for the 2020 Annual and Special Meeting of shareholders held on June 23, 2020 were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below: Nominee Votes For % For Votes Withheld % Withheld Carl Clouter [...]
Fortune Minerals Ltd. is providing an update of cost saving measures it has taken to preserve working capital during the market uncertainty caused by the Coronavirus pandemic. Fortune continues to make progress with a number of NICO Cobalt-Gold-Bismuth-Copper Project optimizations completed using internal resources to enhance project economics at [...]
Fortune Minerals Ltd. is providing an update of current work to advance the NICO Cobalt-Gold-Bismuth-Copper Project in Canada during the Coronavirus pandemic. Fortune is complying with government protocols, including temporary closure of the Company’s head office, prohibiting non-essential travel, and employees are social distancing and working [...]
