Business

Fortune Reports Federal, Northwest Territories and T?i?cho? Government Approvals for the T?i?cho? All-Season Road

Fortune Reports Federal, Northwest Territories and Tłįchǫ Governmen...

articleFortune Minerals LimitedOctober 30, 20185/company/fortune-minerals-limited-1/news/fortune-reports-federal-northwest-territories-and-ticho-government-approvals-for-the-ticho-all-season-road
Fortune Reports Federal, Northwest Territories and T?i?cho? Government Approvals for the T?i?cho? All-Season Road

About this update from Fortune Minerals Limited

[{"type":"text","content":"\n\n\n\nFortune Reports Federal, Northwest Territories and Tłįchǫ Government Approvals for the Tłįchǫ All-Season Road\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLONDON, ON, Oct. 30, 2018\n\n\n\nTłı̨chǫ Road Environmnetal Assessment receives Minister and Tłı̨chǫ Government approvals\nIssued Capital: 338,603,220 \n LONDON, ON, Oct. 30, 2018 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (\"Fortune\" or the \"Company\") (www.fortuneminerals.com) is pleased to report that the Responsible Ministers of the Governments of Canada and the Northwest Territories (\"GNWT\") have accepted the environmental assessment approval for the Tłı̨chǫ All-Season Road (\"Tłı̨chǫ Road\") incorporating the modified measures developed together with the Tłı̨chǫ Government through the consult to modify process with the Mackenzie Valley Environmental Impact Review Board (the \"Board\"). The Tłı̨chǫ Government also approved the Board's recommendation with modifications. \nLike our news? Click-to-Tweet.\nThe Tłı̨chǫ Road involves the construction and operation of a permanent 97-kilometre highway, extending north from Highway 3 to the Community of Whatı̀ in the Northwest Territorries (\"NWT\"). Fortune's 100% owned NICO Cobalt-Gold-Bismuth-Copper Project (the \"NICO Project\") is located 50 kilometres north of Whatı̀ and the Company has already received environmental assessment approval to construct a spur road from Whatı̀ to the mine site. Construction of the NICO Project mine and concentrator is planned using the existing winter ice road, but all-season road access is required for mine operations in order to transport metal concentrates from the property to a refinery for downstream processing to value-added metals and chemicals. The NICO ...

More updates from Fortune Minerals Limited