Diversified North American Resource Company

Fortune Minerals Limited is a diversified North American mining and development company with the vision to be a recognized expert in developing, mining and processing precious and specialty minerals projects. We currently operate the Revenue Silver Mine in Colorado and are developing the Arctos Anthracite Project in British Columbia and the NICO gold-cobalt-bismuth-copper project. NICO is a vertically integrated project that will be comprised of a mine and mill in the Northwest Territories that will produce a bulk concentrate for shipment to a refinery in Saskatchewan for processing to high value products.

With all assets located in North America, Fortune is positioned to become a reliable source of commodities needed to build infrastructure to support urbanization of emerging economies and to manufacture consumer goods for a growing word population. Our primary assets contain important resources and reserves of silver, gold, cobalt, bismuth and metallurgical coal. 

Fortune’s common shares are listed on the Toronto Stock Exchange (FT) and trade in U.S. dollars on the OTC QX (FTMDF).


Stock Quote: TSE

CA$ 0.08

VOLUME 13,000

OPEN 0.09

52 WEEK HIGH 0.42


CHANGE -0.01

52 WEEK LOW 0.07

DAY LOW 0.08

% CHANGE -11.11%


May 28, 2015 03:57 PM Pricing delayed 20 minutes
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Lookup Date

High 0.09

Low 0.08

Volume 109,100

Opening Price 0.09


Last 0.09

Why Invest?

Diversification. Fortune’s common shares provide diversified exposure to commodities that support an improved quality of life for a growing world population. Our mineral reserves have many important applications in everything from the production of steel used in structures and automobiles, to components in microchips, smartphones and electronics, to use in essential components of alternative and renewable energy systems. Fortune’s assets include a producing silver mine, one of the world’s premier metallurgical coal deposits, significant gold and cobalt reserves, along with more than 10% of global bismuth reserves.

North American Focus. We operate a silver mine in the United States and all of our development and exploration assets are located near infrastructure in the northern part of Canada. With assets in mining friendly jurisdictions of politically stable countries, Fortune is positioned to become a reliable source of important commodities. This is a particularly critical role given the risk to the global supply chain with the geographic concentration of three of our commodities - cobalt, bismuth and anthracite metallurgical coal.

OPERATING MINE AND DEVELOPMENT STAGE ASSETS WITH EXPANSION POTENTIAL Fortune has grown through a successful history of discovery and acquisition to become a producing mining company. The acquisition of the Revenue Silver Mine has transitioned the company into a producer and we are well positioned to realize our goal of becoming a mid-tier producer through the development of our two advanced assets.

We have aligned ourselves with strategic partners and secured an experienced team to move both NICO and Arctos towards commercial production. The path to commercial operations for a project can unlock significant value for investors as a company de-risk the assets and achieves cash flow. As a company with an operating mine and two advanced development assets, Fortune offers a lower risk profile than a pure exploration play.

Additionally, Fortune’s assets have attractive expansion potential. The Revenue Silver Mine has upside from the horizontal and vertical projection of the two main veins beyond the current resources, delineation of new resources in five other mineralized veins, and opportunities to expand production to other mines in the area. The Arctos reserves represent the tremendous resource potential already identified on our exploration licences. Similarly, NICO has significant exploration potential with untested mineral showings and geophysical anomalies. Our Sue Dianne deposit in the Northwest Territories presents an excellent opportunity to supply incremental mill feed to extend the life of the NICO concentrator.

Analyst Coverage :

Paradigm Capital, David Davidson

Fortune Minerals Limited is covered by the analysts listed above. Please note that their opinions, estimates and forecasts regarding the Company’s performance are theirs alone and do not represent the opinions, forecasts or predictions of the Company or its management. This information is provided to you for convenience only and should not be taken to imply any endorsement of or concurrence with such information, conclusions or recommendations

Contact IR

Investor Relations Manager:
Troy Nazarewicz, CIM, CPIR

T: (519) 858-8188, Ex. 114
TF: 1-877-552-7726 (Canada & U.S.)

E: tnazarewicz@fortuneminerals.com

Information presented in this website was accurate at the time of posting; however, some information may be superseded by subsequent disclosures. The reader is cautioned to review all postings to ensure they are aware of any updated information.

Learn »

Thumb Date Download
December 2, 2013 Fact Sheet 1.01 MB
December 1, 2013 Corporate Presentation 5.47 MB