FPX Nickel Corp. holds a 100% interest in the PEA-stage Decar nickel-iron project located in central B.C. Decar is the world’s fourth largest undeveloped nickel deposit, containing NI 43-101 resources of 5.0 billion pounds of nickel in the indicated category and 1.0 billion pounds in the inferred category. As one of the few pure play nickel companies left in Canada, FPX is ideally positioned to capitalize on renewed interest in nickel, which is a critical component in the fast-growing EV battery story.An Undervalued Pure Nickel Play – Junior Stock Review in March 2019 Update on the Baptiste Deposit Metallurgy in March 2019
Martin Turenne, President, CEO & Director
Mr. Turenne is a Chartered Professional Accountant with over 15 years experience in the commodities industry. He has been with FPX Nickel since 2012, and has lead the company through the exploration and development of its flagship Decar Nickel District.
What is your rationale for attending 121 Mining Investment?
We are looking for market support and to generally raise awareness about our activities, which are focused on the optimization of project parameters for an upcoming updated PEA on the Baptiste deposit at our Decar Nickel District.
What recent news would you like to highlight to investors attending?
Feb 25 2019: FPX Nickel Metallurgical Testing Demonstrates Significant Improvements in Recovery and Grade, Consistently Producing High-Grade Nickel and By-product Iron Ore Concentrates
What are your key goals for the next 3, 6 and 12 months?
Continued advancement of trade-off studies toward an updated PEA on Baptiste nickel deposit.
Announcement of metallurgical test results, including assessment of potential to produce high-purity nickel solution as potential precursor feedstock for EV market.
Potential publication of an updated PEA on Baptiste nickel deposit.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
General negative macro trends affecting nickel pricing in the short term; we are very confident in the medium- and long-term market conditions for nickel.
In a sentence, what do you think makes your company such a compelling investment?
We are one of very few junior companies with a tier-1 nickel asset — our 100% owned, PEA-stage Baptiste deposit is located in an attractive jurisdiction (Canad) and is capable of producing +40 ktpa nickel over a 35-year mine life with estimated operating costs in the bottom third of the cost curve.