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Fortune Minerals Announces Five High Priority Drill Targets East of NICO Deposit From Modelling Geophysics

Press release content from Business Wire. The AP news staff was not involved in its creation.
Fortune Minerals Announces Five High Priority Drill Targets East of NICO Deposit From Modelling Geophysics
March 17, 2021 GMT
Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“
Fortune ” or the “
Aurora ”) has completed three-dimensional (“
I.P.”) and ground magnetometer surveys carried out east of the NICO Cobalt-Gold-Bismuth-Copper Deposit (“
NICO Deposit ”) in Canada’s Northwest Territories. The geophysical interpretations were reconciled with the geology and previous drill-hole information, identifying five high priority targets for follow-up drilling this summer. The NICO Deposit and Fortune’s nearby Sue-Dianne Copper-Silver-Gold satellite deposit are Iron-Oxide-Copper-Gold-type (“ ....

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Cobalt Forecast 2020: Execs Expect EV Demand to Materialize

ERG, Conic Metals, Fortune Minerals, Global Energy, Jervois Mining, Surge Exploration and Go Metals share their 2020 cobalt forecast.
Click here to read the latest cobalt forecast.
Cobalt’s price decline continued in 2019 despite seeing a rebound after the summer, it had stabilized by the last quarter.
News about supply concerns as well as the shutdown of the world’s largest cobalt mine, Mutanda in the Democratic Republic of Congo (DRC), grabbed the attention of market participants throughout the year.
But what will happen to cobalt next year? To find out, the Investing News Network (INN) reached out to companies in the space to get their thoughts on what’s ahead for the battery metal in 2020. ....

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