RE:Status update soon on this promising project would be niceBased on my latest cobbled up data, here's the status update ...
DOD funded work:
(i) completing metallurgical tests to optimize the Alberta Refinery site hydrometallurgical processes (confirmed inwork - likely in phase 3, hydrometallurgical processing, based on FT's April 8, 2024 news release detailing work to be done and Alex Mezei's activity update two weeks ago);
(ii) completing an updated Feasibility Study based on the proposed new Alberta Refinery site, new Tlicho Highway and recent project optimizations (inwork with Worley based on Alex Mezei's activity update two weeks ago);
(iii) securing the remaining authorizations, for construction and operation of the NICO mine and concentrator in the NWT preparation of management plans, and completion of a Participation Agreement (no status yet reported);
(iv) and securing permits to construct and operate the hydrometallurgical refinery at its planned brownfield site in Lamont County, Alberta (no status yet reported)
GOC funded work:
(i) expanding the test work program to assess NICO Project feed source variability and also blending of intermediates produced by Rio Tinto at their Kennecott Smelter in Utah with NICO Project process streams (no status yet reported);
(ii) completing Feasibility Study sensitivity analysis of engineering and the economic impacts of blending Rio Tinto feed sources; (no status yet reported) and
(iii) completing a Front-End Engineering and Design (“FEED”) Study (no status yet reported)