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Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has received approval for the NICO gold-cobalt-bismuth-copper mine and mill in the Northwest Territories (“NT”) from the Tlicho Government, as well as from the Honourable Bernard Valcourt as Federal Minister of Aboriginal Affairs and Northern Development Canada.