The first concession area, Telupid, Sabah, covers 40 sq km and Fortress Mineral is known to contain copper. The second concession area, Tongod, Sabah, covers 400 sq km and is known to contain nickel, copper and cobalt.
Iron ore producer Fortress Minerals has received two new prospecting licenses in Sabah, extending its operations into new areas. The company plans to spend up to RM30 million prospect the two concession areas starting from April.
Under terms of the licenses, issued by Land and Surveys Department State of Sabah, the company has up to December 2024 to undertake the prospecting activities.
