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Potential partners wait for Fortune's NICO study update

Potential project partners and financiers are said to be “at the table” and eagerly awaiting the publication of an updated feasibility study on Fortune Minerals’ (TSX:FT) NICO cobalt-gold-bismuth-copper project in Canada’s Northwest Territories (NWT), CEO Robin Goad tells Mining Journal.

Potential partners wait for Fortune's NICO study update Potential partners wait for Fortune's NICO study update Potential partners wait for Fortune's NICO study update Potential partners wait for Fortune's NICO study update Potential partners wait for Fortune's NICO study update

Fortune Minerals CEO Robin Goad says an updated feasibility study on the NICO project will be the catalyst for concluding a project financing deal

According to Goad, the macro theme surrounding the expanding electric vehicle sector prompted several "very large" mining companies to get in touch and enquire about processing the cobalt-rich NICO