Fortune Minerals Extends Option to Acquire the Alberta Refinery Site for the NICO Critical Minerals Project
Fortune plans to construct a hydrometallurgical refinery at this site for its vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project (NICO Project).
- Fortune plans to construct a hydrometallurgical refinery at this site for its vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project (NICO Project).
- Pursuant to the option agreement, Fortune can acquire the JFSL site and facilities for C$5.5 million.
- The term of the option has now been extended in monthly increments by Fortune paying JFSL C$15,000 per month up to December 31, 2022.
- Fortune is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper critical minerals project in the NWT and Alberta.