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By Shane Lasley
Mining News 

Fortune seeks eastern extensions of Nico

Geophysical surveys aim to refine Peanut Lake drill targets North of 60 Mining News – September 4, 2020

 

Last updated 9/11/2020 at 4:55am

Copper gold bismuth cobalt outcrop Peanut Lake Nico NWT

Fortune Minerals Ltd.

This copper-rich rock was discovered in a pit excavated to provide aggregate for road work on Fortune Minerals' Nico cobalt-gold-bismuth-copper project in Northwest Territories.

Fortune Minerals Ltd. Sept. 3 announced the start of a geophysical program to further delineate expansion drill targets east of the company's Nico gold-cobalt-bismuth-copper deposit in Canada's Northwest Territories.

Nico currently hosts 33.1 million metric tons of proven and probable reserves averaging 0.11% (82 million pounds) cobalt, 0.14% (110 million lb) bismuth, 0.04% (27 million lb) cop...



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