🕐14.09.11 - 20:54 Uhr
FORMATION METALS IDAHO COBALT PROJECT CONSTRUCTION CREW RESUME OPERATIONS
Re: Formation Metals Inc.
News Release
Wednesday, September 14, 2011
Formation Metals Idaho Cobalt Project Construction Crew Resume Operations
To: tsx
Vancouver, B.C., September 14, 2011, Formation Metals Inc.
(FCO-TSX) (the "Company") announced today that its 100% owned subsidiary, Formation Capital Corporation, U.S., has been informed by the United States Department of Agriculture Forest Service (the "Forest Service"), that effective 10 P.M., September 13, 2011, the Forest Service has authorized access to the Idaho Cobalt Project (ICP) mine site to resume construction operations subject to certain conditions.
Such conditions include the transportation of ICP personnel to the mine site under a convoy limited to travelling between the morning hours of 6 A.M and 8 A.M.
and evening hours of 5 P.M and 7 P.M.
and limit their speed to 25 mph.
In addition, all heavy equipment transport of supplies that require oversized vehicles will be limited between the hours of 10 P.M.
and 8 A.M.
An evacuation order was previously in effect due to the Salt Fire burning in the Salmon-Challis National Forest as announced in the Companys news release dated September 8, 2011.
Formation Metals Inc.
is a well established, mineral exploration, development and refining company that is dedicated to the principles of environmentally sound mining and refining practices, and believes that environmental stewardship and mining can co-exist.
Formation trades on the Toronto Stock Exchange under the symbol FCO.
FORMATION METALS INC.
"Mari-Ann Green"
Mari-Ann Green,
C.E.O.
For further information please contact:
E.R.
(Rick) Honsinger, P.Geo.
V.P.
Corporate Communications
Formation Metals Inc.
1730 - 999 West Hastings Street
Vancouver, BC, V6C 2W2
Tel: 604-682-6229
Email:
Web: formcap.com
The statements contained in this news release in regard to Formation
Metals Inc that are not purely historical are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including Formation Metals Inc.s beliefs,
expectations, hopes or intentions regarding the future.
All
forward-looking statements are made as of the date hereof and are based
on information available to the parties as of such date.
It is
important to note that actual outcome and the actual results could
differ from those in such forward-looking statements.
Factors that
could cause actual results to differ materially include risks and
uncertainties such as technological, legislative, corporate, commodity
price and marketplace changes.
You can also view this News Release on our website at:
http://www.formationmetals.com/s/News.asp?ReportID=479122
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Copyright (c) 2009 FORMATION METALS INC.
(FCO) All rights reserved.
For more information visit our website at
http://www.formationmetals.com/ or send
mailto:
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