FPX Nickel Corp. V.FPX

Alternate Symbol(s): FPOCF

Metals & Mining Industrial Metals & Minerals

FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It holds a 100% interest in five nickel properties, four of which are located in British Columbia (Decar, Wale, Orca, Klow), and one located in the Yukon Territory (Mich). The Company’s primary project is the Baptiste deposit (Baptiste or the Project) located within its flagship Decar Nickel District (Decar). The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. The Orca property is located approximately 35 kms east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.

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FPX Nickel Corp. > FPX Nickel Reports

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Post by Betteryear2on May 03, 2023 9:12am

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FPX Nickel Reports

VANCOUVER, BC, May 3, 2023 /CNW/ - FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to present results from a recently completed metallurgical testwork program which confirms that the Baptiste nickel resource has been comprehensively modelled for magnetic recovery across all mine phases, thereby achieving a high degree of confidence for projected magnetic separation recoveries across the entire mine life. The testwork utilized representative samples from all production phases of the planned Baptiste Nickel Project ("Baptiste") mine plan and was conducted using the process flowsheet and design criteria from the in-progress Baptiste preliminary feasibility study ("PFS"). Testwork results clearly demonstrate the Davis Tube Recovery ("DTR") assaying procedure is an excellent proxy for magnetic nickel recovery for Baptiste material, and that the Baptiste resource is very consistent in terms of magnetic nickel recovery, therefore providing heightened confidence in the estimated metal production profile and resultant cash flow across the entire mine life.

FPX Nickel Reports Baptiste Metallurgical Variability Testwork, Achieving High Confidence in Projected Magnetic Separation Recovery Across Entire Mine Life (newswire.ca)

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