{"id":1127581,"date":"2019-07-18T15:57:15","date_gmt":"2019-07-18T20:57:15","guid":{"rendered":"https:\/\/www.mining.com\/?p=997020"},"modified":"2019-07-18T15:57:15","modified_gmt":"2019-07-18T20:57:15","slug":"fortune-makes-new-copper-discovery-at-nico","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1127581","title":{"rendered":"Fortune makes new copper discovery at NICO"},"content":{"rendered":"<p>Fortune Minerals (TSE: FT) has made a new copper discovery at its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife in Canada&#8217;s Northwest Territories. <\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The new mineralization was exposed last spring in a pit excavated to provide aggregate for road work. It is 1.6 km southwest of and on the projected strike of the advanced NICO project. <\/p>\n<p>Three of four representative grab samples collected from the pit returned grades of 1.66%, 1.55% and 0.78% copper after analysis by ALS Canada. The new copper zone is located on the edge of a previously identified coincident magnetic, gravity and electrical resistivity anomaly at Peanut Lake.<\/p>\n<p>The anomalies are similar to the found at the main NICO deposit. Additional geological investigations are to be carried out nearby this summer. <\/p>\n<p>Geological work is also being done on anomalies near Chalco Lake, where small copper showings have been identified. No decision has yet been made as to follow-up geophysical studies or future drilling at this site. Fortune is in the process of updating its 2014 feasibility study for the NICO project.<\/p>\n<p><em>(This article first appeared in the <a href=\"http:\/\/www.canadianminingjournal.com\/\"  rel=\"noreferrer noopener\" aria-label=\"Canadian Mining Journal) (opens in a new tab)\">Canadian Mining Journal)<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three of four representative grab samples collected from the pit returned grades of 1.66%, 1.55% and 0.78% copper.<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1127581"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1127581"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1127581\/revisions"}],"predecessor-version":[{"id":1127582,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1127581\/revisions\/1127582"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1127581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1127581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1127581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}