Exploration / Development > Feasibility

Fortune Minerals awaits new Nico cobalt FS

Fortune Minerals (CN:FT) aims to complete a new feasibility study (FS) in the June quarter for its Nico primary cobalt deposit in Canada’s Northwest Territories, investor relations manager Troy Nazarewicz told Mining Journal at the 2018 Cambridge House Resource Investment Conference in Vancouver, Canada.

Paul Harris in Vancouver

Exploration / Development > Feasibility

Fortune Minerals awaits new Nico cobalt FS

Fortune Minerals (CN:FT) aims to complete a new feasibility study (FS) in the June quarter for its Nico primary cobalt deposit in Canada’s Northwest Territories, investor relations manager Troy Nazarewicz told Mining Journal at the 2018 Cambridge House Resource Investment Conference in Vancouver, Canada.

Paul Harris in Vancouver

Fortune Minerals awaits new Nico cobalt FS

Fortune's Nico project in the Northwest Territories could produce a number of metals

In addition to updating the price estimates, the new FS will detail 20-30% higher production than the 2014 FS with ore production of 4,650 tonnes per day and a crush, grind and flotation hydrometallurgical process to produce about 180tpd of concentrate.