Fortune Minerals Limited

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has retained Worley Canada Services Ltd. (“Worley”) to conduct additional engineering and lead the preparation of an updated Feasibility Study for the NICO Cobalt-Gold-Bismuth-Copper Project in Canada (“NICO Project”). The NICO Project is an advanced Critical Minerals development comprised of a planned mine and concentrator in the Northwest Territories (“NWT”) and a hydrometallurgical recov...

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has entered into a new option agreement with JFSL Field Services ULC (“JFSL”) to purchase the brownfield industrial site in Lamont County, Alberta where it plans to construct its hydrometallurgical refinery (“Alberta Refinery”). The Alberta Refinery would process metal concentrates from Fortune’s planned NICO cobalt-gold-bismuth-copper mine and concentrator in the Northwest Territories (“NW...

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) announces that the option to purchase the JFSL Field Services ULC (“JFSL”) brownfield industrial site in Lamont County, Alberta could not be completed before the expiry of the option on June 30, 2024. Both, Fortune and JFSL remain willing and able to complete a different transaction that would enable the Company to complete the purchase under a new arrangement as soon as possible. Fortune will provide an update on this plan when its discussions wit...