Post by
good7news7soon on Aug 20, 2024 7:37pm
FT is advancing with the government funding C$17 million!
Fortune is also pleased to announce that Alex Mezei, M.Sc. P.Eng., has joined the Company as Chief Metallurgist. Mr Mezei will supervise the test work and process and design engineering for the NICO Project, which the Company is advancing with the recently announced government contribution funding totalling approximately C$17 million (see news releases dated May 16, 2024 and December 5, 2023). Mr. Mezei is a Chemical Engineer with a more than forty years of diverse experience in international process engineering, test and pilot work, and economic assessments for a broad range of commodities around the world. This includes 22 years at SGS Mineral Services (“ SGS ”) in Lakefield, Ontario where he was Director, Engineering Technology Services, Metallurgical Operations, and Senior Metallurgist and notably, where he supervised the hydrometallurgical work for the NICO Project.
Comment by
Freedom2022 on Aug 21, 2024 1:34pm
Not sure why repeat posting of info is necessary,, we can read, this is a recording,, cheers!
Comment by
good7news7soon on Aug 21, 2024 5:21pm
The funds (C$17 million) will be used to only conduct an update Feasibility Study, an expanded test work program, permitting for the Alberta Refinery site, management plans and the remaining authorizations in the NWT and a Front-End Engineering and Design Study ..… I think next combined U.S. and Canadian Government funding would be billion! FT will go $1 soon ….