Fortune Minerals Announces Receipt of Nico Project Interim Land Use Permit for Early Construction and Staging
10 January 2014
Permit allows Company to conduct preliminary site work pending issuance of full mine permits
LONDON, ON, Jan. 9, 2014 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that the Wek'èezhìi Land and Water Board has approved a Staging (Interim) Land Use Permit for the NICO gold-cobalt-bismuth-copper mine in the Northwest Territories ("NT"). This Staging Land Use Permit allows Fortune to conduct land-based early works at the NICO mine, including staging of equipment and site preparation activities prior to the issuance of the full mine permits anticipated to be received mid-year. Subject to receipt of financing and the full mine permits, the Company will be well-positioned to commence construction of the mine and concentrator.
