Canada Nickel (TSX.V: CNC) (OTC: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, is reporting on the positive exploration drilling results from 48 holes at seven of its regional nickel properties: Reid, Mann (North, West, Central and South), Reaume and Texmont. According to the report, the company is on track to have eight resources published by the middle of 2025
In the report, the company noted that Reid’s strategic importance is continuing to grow, Mann West is emerging as an excellent large-scale, shallower overburden target, and the latest Texmont and Reaume results continue to improve both targets. In addition, the company is currently operating seven drill rigs and is shifting focus from the central and eastern properties to the southern properties, including Powell, Midlothian and Bannockburn. The company plans to focus its engineering resources on Crawford and larger targets such as Reid.
“The district-scale potential of Canada Nickel’s portfolio in the Timmins Nickel District is clearly demonstrated by today’s successful drilling results from seven different properties in addition to the two properties— Crawford and Deloro — for which we’ve already published resources,” said Canada Nickel CEO Mark Selby in the press release. “There are few mining companies with this breadth of active exploration targets.”
To view the full release, visit https://ibn.fm/E72U9
About Canada Nickel Company Inc.
Canada Nickel is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless-steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel(TM), NetZero Cobalt(TM) and NetZero Iron(TM), and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. Canada Nickel provides investors with leverage to nickel in low political-risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information about the company, visit www.CanadaNickel.com.
NOTE TO INVESTORS: The latest news and updates relating to CNIKF are available in the company’s newsroom at https://ibn.fm/CNIKF
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