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FPX Nickel Completes Trade-Off Studies Demonstrating Tangible Improvements to the Baptiste Nickel Project
FPX Nickel Completes Trade-Off Studies Demonstrating Tangible Improvements to the Baptist...
About this update from Fpx Nickel Corp
[{"type":"text","content":"\n \n \n \n FPX Nickel Completes Trade-Off Studies Demonstrating Tangible Improvements to the Baptiste Nickel Project\n \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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 9, 2022\n \n \n /CNW/ - FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (\"\n \n FPX\n \n \" or the \"\n \n Company\n \n \") is pleased to provide an update on key findings from a series of engineering trade-off studies (\"\n \n TOS\n \n \") which have tangibly de-risked and improved the value of the Baptiste Nickel Project (the \"\n \n Project\n \n \"). These TOS focused on those project elements which have the strongest influence on overall Project value, with common objectives of optimizing Project economics, reducing the risk profile and better defining optionality ahead of the next study phase.\n \n \n \n \n \n \n \n \n \n \n Highlights\n \n \n \n \n A comminution circuit utilizing semi-autogenous grinding (\"\n \n SAG\n \n \") tangibly improves project value and provides an improved execution basis versus the previously considered high-pressure grinding rolls (\"\n \n HPGR\n \n \") approach\n \n \n There is significant value in a phased construction approach, including an initial operating phase of 4-7 years at 100,000 tonnes per day (\"\n \n tpd\n \n \") followed by an expansion to 150,000 tpd for the remainder of the 30-plus year mine life, versus the previously considered single-build 120,000 tpd approach\n \n \n Multiple tailings storage locations have been identified as technically feasible, including conventional facility configurations with reduced sand requirements for dam construction, thereby enabling finer primary grinding to increase nickel recovery\n \n \n An improved understanding of options for routing of the site access road and off-site power system, better defining the economics of those linear facilities\n \n \n \n \"The completion of these trade-off studies marks a significant milestone for FPX, demonstrating our commitment to a methodical, risk-based approach to project development,\" noted\n \n M...