FPX Nickel Sees Positive Results from Baptiste Deposit

FPX Nickel (TSXV:FPX) has seen positive results from metallurgical testing at the Baptiste deposit, part of its Decar nickel district in British Columbia, Canada.

Highlights from the press release were as follows:

• Conventional flowsheet based on grinding, magnetic separation and flotation processes.

• Consistent production of nickel concentrates with improvements in grade and recovery, versus 2013 PEA projections.

• Consistent production of iron ore concentrates grading up to 64 percent iron content, the first successful generation of a potentially commercial by-product in the project’s testing history

Martin Turenne, FPX President and CEO, commented:

“These metallurgical results confirm an important technical breakthrough for the Decar project. The confirmation of a simple, robust flowsheet using conventional magnetic separation and flotation parameters paves the way for Decar’s ongoing development, and for the exploration and development of awaruite nickel targets generally. The substantial increase in projected DTR nickel recoveries from 82 percent in the 2013 PEA to up to 90 percent demonstrates the strong metallurgical performance of the Baptiste deposit. The consistent production of concentrates grading from 55 percent to 72 percent nickel further establishes the potential for the Baptiste deposit to generate a clean nickel product with no sulphur and very high metal content.”

Click here to read the full press release from FPX Nickel.