North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Fortune tests five Nico expansion targets

That could extend cobalt-copper-bismuth-gold mineralization North of 60 Mining News – September 24, 2021

 

Last updated 9/30/2021 at 3:04pm

Fortune Minerals Northwest Territories Canada cobalt Nico project DRC map

Fortune Minerals Ltd.

A copper-rich rock discovered in a pit excavated to provide aggregate for 2019 road work on Fortune Minerals' Nico cobalt-gold-bismuth-copper project in Northwest Territories.

Fortune Minerals Ltd. Sept. 23 announced the start of a 3,000-meter resource expansion and exploration drill program at its Nico cobalt-copper-bismuth-gold project in Canada's Northwest Territories.

Nico 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) copper, and 1.03 grams per metr...



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