Fortune Minerals Announces Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing [Yahoo! Finance]
SGS SA ADR (SGSOY)
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Source: Yahoo! Finance
LONDON, Ontario, April 08, 2024 BUSINESS WIRE Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) Fortune " or the " Company www.fortuneminerals.com ) is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit (" NICO Deposit ") in the Northwest Territories (" NWT ") to SGS Canada Inc. in Lakefield, Ontario. These ores will be used to conduct additional metallurgical testing and pilot work to validate recent optimizations and support detailed engineering and an updated Feasibility Study for the vertically integrated NICO cobalt-gold-bismuth-copper Critical Minerals project in Canada (" NICO Project "). Intermediate test products produced from NICO Project ores and concentrates will also be blended with metal precipitates sourced from Rio Tinto's Kennecott Smelter in Utah to assess the feasibility of processing these materials to recover additional bismuth and cobalt at Fortune's planned hydrometallurgical refinery in Alberta (" Albert
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