FPX Nickel Named as Priority Project Under British Columbia's Look West Strategy
FPX Nickel's (FPX.V) Baptiste project has been named as a major priority project by the government of British Columbia under its Look West economic strategy, the company said on Thursday.Baptiste is the only critical minerals project owned by a junior mining company to be included in the province's priority project list, FPX said. Look West is a targeted plan designed to deliver major projects and strengthen B.C. and Canada's economic security, a statement added."We are grateful that the Government of British Columbia continues to recognize the significance of Baptiste, which has the potential to contribute over $45 billion of incremental GDP to the provincial economy over its projected 29-year mine life," said FPX chief executive Martin Turenne."We are committed to deepening our ongoing collaboration with First Nations and the governments of British Columbia and Canada to develop a project that creates substantial and sustainable benefits while protecting the environment for future generations."FPX shares were last seen up $0.015, to $0.50, on the TSX Venture Exchange.Price: $0.50, Change: $+0.02, Percent Change: +3.09%
