The Conversation (0)
Formation Metals Inc. (TSE:FCO) reports signs a Letter of Intent with JDS Energy & Mining Inc.’s for engineering, procurement and construction management services for its Idaho cobalt project.
The press release is quoted as saying:
JDS will work on a target based project risk/reward basis that will include an on-budget, on schedule and no harm execution accountability.
Formation Metals’ CEO, Mari-Ann Green says:
“The Project Management Services JDS will provide are the cornerstone to a successful and economically sound mining project.” “After negotiating with JDS for quite some time, we are extremely pleased to now be working with such a well respected, sought after company in this endeavour with a comprehensive plan for the ICP in place.”
JDS Energy & Mining’s President and CEO, Jeff Stibbard says:
“Through the leadership of Mari-Ann Green and her team, this project has developed into a resource that can now be fully realized.” “We welcome the opportunity to participate in Formation’s Cobalt Project.”
Click here to access the entire news release.
