The mining newspaper for Alaska and Canada's North

Road funds good news for Nico cobalt project

Fortune Minerals Ltd. Jan. 12 reported federal funding for the construction of an all-season road to Whati, a Northwest Territories community about 50 kilometers (30 miles) south of Fortune's Nico cobalt-gold-bismuth-copper project. Following an existing winter route, the Tlicho Road will span 97 kilometers (60 miles) between Whati and Highway 3.

The federal government will provide up to 25 percen...


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