RENO, Nevada — The Northwest Mining Association (NWMA) has awarded Vancouver-based Formation Capital Corp. the 2008 Platinum Award for Corporate Excellence. The award was made on the basis of "perseverance and leadership in pursuing a mining operation which has minimal impact on the environment and for support the efforts of the NWMA."
Formation's chairman and CEO, Mari-Ann Green, was given the award during the NWMA annual award ceremony on Dec. 2, 2008, in Reno. She accepted the award on behalf of the many groups and individuals who have worked tirelessly in their efforts to bring the Idaho cobalt project from mineral discovery to exploration, feasibility, permitting, equipment procurement and what could eventually be commercial mine production.
Green added, "It was an honour for Formation Capital Corporation to be recognized for perseverance. Despite many setbacks, we have always kept our eye on the goal of becoming a fully integrated miner and refiner of high purity cobalt metal with a commitment to do so in an environmentally sensitive manner".
The NWMA is a 113-year-old, 1,800-member non-profit, non-partisan trade association supporting the mining industry throughout the United States and especially in Alaska, Idaho, Montana, Oregon, Washington, Utah, Nevada and Arizona. The NWMA has offices in Spokane, Washington, and may be contacted at www.NWMA.org.
Learn about Formation Capital's Idaho cobalt project and Big Creek hydrometallurgical complex at www.FormCap.com.
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