Business
FORTUNE MINERALS ANNOUNCES MAJOR PERMITTING MILESTONE FOR THE NICO PROJECT IN THE NORTHWEST TERRITORIES
May 24, 2011 (Canada NewsWire Group) -- Developers Assessment Report filed with Mackenzie V...

About this update from Fortune Minerals Limited
[{"type":"text","content":"\n\n\n May 24, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nDevelopers Assessment Report filed with Mackenzie Valley Review Board\n\n\nLONDON, ON, May 24, 2011 /CNW/ - Fortune Minerals Limited (TSX: FT)\n ("Fortune Minerals" or the "Company") is pleased to announce that it\n has submitted its Developers Assessment Report ("DAR") for the\n Environmental Assessment ("EA") for its NICO gold-cobalt-bismuth-copper\n project in the Northwest Territories ("NT"). The DAR was filed last\n week with the Mackenzie Valley Review Board ("MVRB") and represents a\n significant milestone in the permitting process for the Company's\n proposed mine, mill and related facilities. The DAR culminates many\n years of comprehensive environmental, socio-economic and engineering\n work that has determined that the NICO project is economically viable\n and that impacts to the local biophysical environment will be minimal.\n\n\n"We are very proud of the development, operation and closure plan\n prepared for the DAR by our in-house team of professionals together\n with experts retained from outside engineering and environmental\n consultants", said Fortune Minerals President, Robin Goad. "NICO is a\n unique project that will provide long-term benefits to the Tlicho\n people and other nearby residents, and contribute significantly to the\n economy of the NT".\n\n\nThe NICO project is located 160 km northwest of the City of Ye...