Author photo

By Shane Lasley
Mining News 

Fortune to investigate Nico gold targets

At $2000/oz, gold outweighs value of cobalt at NWT project North of 60 Mining News – August 14, 2020


Last updated 9/26/2020 at 3:17pm

Nico cobalt bismuth copper gold mine project Northwest Territories

Fortune Minerals Ltd.

Best known for its critical minerals – cobalt and bismuth – Nico also hosts more than 1 million ounces of gold.

Fortune Minerals Ltd. Aug. 10 announced it is gearing up for an exploration program focused on gold targets on its Nico cobalt-gold-bismuth-copper project in Northwest Territories.

A 2014 feasibility study for Nico detailed plans for a 4,650-metric-ton-per-day operation that would produce an average of 1,615 metric tons of battery-grade cobalt; 41,300 ounces of gold; 1,750 metric tons of bismut...

For access to this article please sign in or subscribe.


Reader Comments(0)


Our Family of Publications Includes:

Mining News
Metal Tech News

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024