Fortune Minerals Limited (TSX:FT, OTCQX: FTMDF) announced that it has purchased land near Saskatoon on which it plans to build its Saskatchewan Metals Processing Plant for the NICO gold-cobalt-bismuth-copper project.
As quoted in the press release:
Rezoning of the 482 acre property is underway as the Company nears completion of the permitting process in two jurisdictions. NICO is a planned vertically integrated project consisting of an open pit and underground mine and mill in the Northwest Territories and refinery in Saskatchewan where concentrates from the mill will be processed to high value metal products.
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