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Fortune Minerals Announces Five High Priority Drill Targets East of NICO Deposit From Modelling Geophysics
March 17, 2021 GMT
Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“
Fortune ” or the “
Aurora ”) has completed three-dimensional (“
I.P.”) and ground magnetometer surveys carried out east of the NICO Cobalt-Gold-Bismuth-Copper Deposit (“
NICO Deposit ”) in Canada’s Northwest Territories. The geophysical interpretations were reconciled with the geology and previous drill-hole information, identifying five high priority targets for follow-up drilling this summer. The NICO Deposit and Fortune’s nearby Sue-Dianne Copper-Silver-Gold satellite deposit are Iron-Oxide-Copper-Gold-type (“
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Posted: Jan 22, 2021 6:00 AM CT | Last Updated: January 22
Yellowknife immigration consultant Liang Chen and his former client, Shengtang Wang, are suing each other after their business relationship fell apart.(Walter Strong/CBC)
A Yellowknife immigration consultant allegedly told his Chinese client that if he purchased $1 million worth of shares of Fortune Minerals Ltd., the mining company would offer him a job and help him immigrate to the Northwest Territories.
The accusation came out in a series of court documents filed by consultant Liang Chen and his former client, Shengtang Wang, who are suing each other after their business relationship fell apart.
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NWT
The GNWT is helping to support mining companies by investing $100,000 in projects under the Mining Incentive Program (MIP).
The four recipients of the early December announcement include Cheetah Resources, Gold Terra Resources, StrategX Elements Corp., and BNT Gold Resources.
In August, the MIP invested $1 million in 19 mineral exploration projects. Seven of those companies are exploring for gold, diamonds, lead, zinc, rare earths, and other minerals. These companies included Fortune Minerals, North Arrow Minerals and Pine Point Mining.
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