Fortune Minerals Limited
Fortune Minerals Limited is a development stage mining and processing company focused on development of its 100% owned, vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project in Canada. The NICO Project is comprised of a planned open pit and underground mine and concentrator in the Northwest Territories and a hydrometallurgical facility in Alberta where concentrates from the mine, and other feed sources, will be processed to value-added products. The Company plans to make cobalt chemicals for the lithium-ion rechargeable battery industry, bismuth ingots for new environmental and high-technology applications, and copper cement with 1.1 million ounces of in-situ gold to mitigate critical minerals price volatility. The NICO Project stands out as a future North American producer of cobalt sulphate, gold doré, bismuth ingots, and copper cement to enhance domestic supply chains for three critical minerals to provide domestic supply chain resilience and security and help mitigate supply vulnerabilities.
Fortune also owns the nearby Sue-Dianne copper-silver-gold satellite deposit located 25 km north of the NICO deposit and is a potential future source of incremental mill feed to extend the life of the NICO concentrator and Alberta Refinery. Fortune also owns other exploration projects in the Northwest Territories with critical minerals identified in surface mineralization and preliminary drilling.
Vision
To be a recognized expert in sustainable development, mining and processing of critical minerals and precious metals projects in Canada.
Mission
To profitably produce critical minerals and precious metals to meet the needs of our customers and partners and by attracting and developing a superior team of motivated people to acquire, explore, develop, mine, process and reclaim critical mineral properties in a safe and responsible manner.