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Fortune Minerals Pursues New Deal for NICO Project

Fortune Minerals Pursues New Deal for NICO Project

Fortune Minerals (TSE:FT) has released an update.

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Fortune Minerals Limited has announced that its option to purchase an industrial site in Alberta for the NICO Project expired on June 30, 2024, but discussions with JFSL are ongoing to complete the acquisition under a new deal. The company will provide updates on the negotiations’ outcomes. Fortune Minerals continues to focus on developing the NICO cobalt-gold-bismuth-copper project, with the aim to extend the project’s life through potential future mill feed from its Sue-Dianne deposit.

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