FORTUNE ANNOUNCES NICO COMMUNITY EDUCATION PROGRAMS Financial support to promote education and better awareness of the importance of mining
October 4, 2018 Issued Capital: 338,603,220
NEWS RELEASE
FORTUNE ANNOUNCES NICO COMMUNITY EDUCATION PROGRAMS
Financial support to promote education and better awareness of the importance of mining
LONDON, ONTARIO, Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (“Fortune” or the
“Company”) (www.fortuneminerals.com) announces two community sponsorship initiatives to support
education in the Northwest Territories (“ NWT”) as it advances its NICO Cobalt-Gold-Bismuth-Copper
project toward construction. Fortune is pleased to be a co-sponsor, together with the NWT
government, and other industry, community and educatio n partners, in delivering the Prospectors and
Developers Association of Canada (“ PDAC”) Mining Matters program to elementary schools in the
NWT. The Company is also announcing funding for two educational awards for Tlicho students to
participate in post-secondary studies in programs related to the resource industry.
Former Whati community Chief, Charlie Jim Nitsiza, commented, "The Elders have been saying for
many years that the Tlicho people need to be introduced to mining and geology at an early age so
that they can become active participants in future mining, exploration and development on Tlicho
Lands."
As part of its ongoing community outreach, Fortune is a co-sponsor of the Mining Rocks Earth
Science Education Program for Grade 4 students at elementary schools in the NWT, including
Elizabeth Mackenzie Elementary School in the Tlicho community of Behchoko. This program,
presented by Mining Matters, is designed to introduce students to geology and career opportunities in
the minerals industry. The program initiates students to practical geological and mineral exploration
activities, including prospecting, claim staking a nd mapping, as well as the use of GPS technology,
and environmental responsibilities and stewardshi p. Students benefit from hands-on, curriculum-
linked classroom activities and a field trip to the Ranney Hill Geological Interpretive Trail.
Fortune is also establishing two educational awards to help support Tlicho students already enrolled
or entering post-secondary education programs in the fields of Geology, Earth Sciences, Engineering,
Environmental Studies, Business and Accounting, and Health Care. The funds contributed will help
cover educational expenses such as tuition, books and accommodation.
Robin Goad, President and CEO of Fortune, said, “We need to promote better awareness of the
importance of mining’s contribution to the livelihoods and ongoing quality of life in Canada. We believe
education is the foundation for better communities and are pleased to support these two initiatives in
the NWT.”
About Fortune Minerals
Fortune is a Canadian mining company focused on developing the NICO Cobalt-Gold-Bismuth-
Copper project (the “NICO Project”) in the Northwest Territories . Fortune also owns the Sue-Dianne
copper-silver-gold deposit located 25 km north of the NICO Project and a potential future source of
incremental mill feed to potentially extend the life of the NICO Project mill.
FORTUNE MINERALS LIMITED
148 Fullarton Street, Suite 1600, London, Ontario, Canada N6A 5P3
Tel. 519-858-8188 ~ Fax. 519-858-8155
Follow Fortune Minerals:
Click here to subscribe to Fortune’s email list.
Click here to follow Fortune on LinkedIn.
For further information please contact:
Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
Tel.: (519) 858-8188
www.fortuneminerals.com
This press release contains forward-looking informat ion and forward-looking statements within the meaning of
applicable securities legislation. This forward-looking information includes statements with respect to, among
other things, the Company’s plans to develop the NICO Project. Forward-looking information is based on the
opinions and estimates of management as well as certai n assumptions at the date the information is given
(including, in respect of the forward-looking information contained in this press release, assumptions regarding:
the Company’s ability to arrange the necessary financing to continue operations and develop the NICO Project;
the construction of the Tlicho All-Season Road (the “T ASR”) that would allow all-season access to the NICO
Project and the timing of its completion; the receipt of all necessary regulatory approvals and the timing thereof;
the rezoning of the Saskatchewan refinery lands and t he timing thereof; growth in the demand for cobalt; the
time required to construct the NICO Project; and the ec onomic environment in which the Company will operate
in the future, including the price of gold, cobalt and ot her by-product metals, anticipated costs and the volumes
of metals to be produced at the NICO Project). However, such forward-looking information is subject to a variety
of risks and uncertainties and other fact ors that could cause actual events or results to differ materially from
those projected in the forward-looking information. These factors include the risks that the Company may not be
able to finance and develop NICO on favourable terms or at all, uncertainties with respect to the receipt or
timing of required permits, approvals and agreements fo r the development of the Nico Project, the TASR may
not be constructed in a timely fashion or at all, the co nstruction of the NICO Project may take longer than
anticipated, the Company may not be able to secure offtake agreement s for the metals to be produced at the
NICO Project, the inherent risks involved in the expl oration and development of mineral properties and in the
mining industry in general, the market for rechargeable batteries and the use of stationary storage cells may not
grow to the extent anticipated, the future supply of cobalt may not be as limited as anticipated, the risk of
decreases in the market prices of cobalt and other meta ls to be produced by the NICO Project, discrepancies
between actual and estimated mineral resources or between actual and es timated metallurgical recoveries,
uncertainties associated with estimating mineral reso urces and the risk that even if such resources prove
accurate the risk that such resources may not be converted into mineral reserves, once economic conditions are
applied, the Company’s production of cobalt and ot her metals may be less than anticipated and other
operational and development risks, market risks and regulatory risks. Readers are cautioned to not place undue
reliance on forward-looking information because it is po ssible that predictions, forecasts, projections and other
forms of forward-looking information will not be achiev ed by the Company. The forward-looking information
contained herein is made as of the date hereof and the Company assumes no responsibility to update or revise
it to reflect new events or circumstances, except as required by law.