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Fortune Minerals Comments on Proposed Highway to Whati Community
Fortune Minerals Ltd. (TSX:FT,OTCQX:FTMDF) announced that the Northwest Territories’ Department of Transportation has submitted the permit applications required to build a highway to the community of Whati.
Fortune Minerals Ltd. (TSX:FT,OTCQX:FTMDF) announced that the Northwest Territories’ Department of Transportation has submitted the permit applications required to build a highway to the community of Whati.
The application package was submitted to the Wek’èezhìi Land and Water Board, and was developed by the government of the Northwest Territories with the support of the Tlicho government.
As quoted in the press release:
Whati is 50 km south of Fortune’s proposed NICO gold-cobalt-bismuth-copper development that has already received its environmental assessment approval for a mine and concentrator, and a spur road from the public highway to the mine.
Robin Goad, president and CEO of Fortune, commented:
Our Company has been working with the [Northwest Territories government] and Tlicho government for many years to advance construction of a public highway to the community of Whati near the NICO development. With construction of this road, Whati will have reliable all-season access for community re-supply, while lowering the cost of living, improving, the quality of life and promoting economic development and diversification. The Whati highway will also be a vital link to the NICO mine for its transportation needs as well as provide commutable employment to the nearby communities.
Click here to read the full Fortune Minerals Ltd. (TSX:FT,OTCQX:FTMDF) press release.
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