Canada Nickel Company Inc. today announced that it has extended the repayment date of the US$12 million loan facility announced September 18, 2023 with Auramet International, Inc. to January 18, 2024 by agreeing to issue 350,000 one year common share purchase warrants with a strike price of $1.19 per share and pay an extension fee of 1.5% of the repayment amount of US$185,519. The loan will carry an interest rate of 1.25 [...]
Canada Nickel Company Inc. , has filed a Bankable Feasibility Study for its wholly-owned Crawford Nickel Sulphide Project located in Timmins, Ontario, Canada. The BFS is available on www.sedarplus.ca and on www.canadanickel.com. The BFS, titled, "Crawford Nickel Sulphide Project NI 43-101 Technical Report and Feasibility Study" was independently prepared by Ausenco Engineering Canada Inc. , in accordance with National [...]
Highlights $2.5 billion after-tax NPV8% and IRR of 17.1%; increasing to $2.6 billion after-tax NPV8% and IRR of 18.3% with projected Carbon Capture & Storage tax credits Crawford is world's 2nd largest nickel reserve and 2nd largest resource1. Initial mineral reserve of 1.7 billion tonnes of ore grading 0.22% nickel Production of 1.6 million tonnes nickel, 24 kt cobalt, 490 koz palladium & platinum, 58 million tonnes iron [...]
Canada Nickel Company Inc. announces that the Company will be hosting a webcast and conference call on Thursday, October 12, 2023 at 11:00 a.m. Eastern Time to discuss the Definitive Feasibility Study for its Crawford Nickel Sulphide Project. Conference Call Details: Date: Thursday, October 12, 2023 Time: 11:00 a.m. ET Participants may join the webcast and call as follows: Audience URL: https://app.webinar.net/0Nly476d2WO [...]
Highlights Carbon Storage Pilot Plant confirms the Feasibility Study design parameters IPT Carbonation was also successfully applied to material from a third party company confirming the technologies' commercialization potential Consulting study confirms Canada Nickel Crawford project could reasonably expect more than C$25 per tonne of CO2 in storage fees Canada Nickel's carbon storage business bolstered by addition of [...]
Canada Nickel Company Inc. today announced that it has closed a secured loan facility with Auramet International, Inc. of US$12 million previously announced on September 6, 2023. The proceeds will be used towards working capital and will allow the Company to remain well-funded to continue to advance permitting and detailed engineering activities. The loan is due December 18, 2023, carries an interest rate of 1.00% per [...]
Canada Nickel Company Inc. is pleased to announce the publication of its 2022 Environmental, Social, and Governance Report . To view a pdf version of the Report, please click here. This document is the Company's inaugural ESG Report and contains key disclosures reported in accordance with the Global Reporting Initiative: Core Option. It also outlines the Company's contributions to the United Nations Sustainable [...]
Canada Nickel Company Inc. today provided an update on the Company's activities, including several new management appointments and a US$12 million loan facility with Auramet International, Inc. . Mark Selby, CEO of Canada Nickel, said, "I am very proud of everything our team has accomplished in just four years. As we look forward to the completion of the feasibility study later this month, we are making a number of key [...]
Highlights First eight holes drilled at Mann Northwest intersected multi-hundred metre intervals of mineralized peridotite and minor dunite across combined strike length of 2.7 kilometres Target remains open in all directions Mann Northwest target geophysical footprint of 6.0 km2 is more than triple the size of Crawford project footprint Hole MAN23-02 returned 0.26% Ni over core length of 210 metres including 0.31% nickel [...]
Highlights All drill holes yielded long intervals grading 0.29% nickel and ending in mineralization. All four holes collared in mineralization within 10 metres of surface Mineralization is delineated along 2.0 kilometres strike length and across a width of 250 metres within a target geophysical footprint 12% larger than the Crawford resource footprint Latest mineralogy results show significant brucite content, the mineral [...]
Highlights Initial metallurgy work yields excellent nickel and cobalt recoveries producing high-grade concentrates: Nickel recoveries of 79 - 84% Cobalt recoveries of 77 - 83% Final concentrate grades of 18 - 28% nickel with up to 0.7% cobalt Simple process can be used and would provide significant flexibility for potential toll milling opportunities Company acquires 9,520 hectares of mining claims covering 20 kilometres [...]
Highlights Carbon capture test work confirms ability to store one million tonnes of carbon annually Crawford Project has potential to achieve 7% of Canada's 15 megatonne carbon removal goal Canada Nickel has received approaches from several large multinational companies seeking carbon storage solutions Canada Nickel Company Inc. today announced that test work for its novel carbon storage process, In-Process Tailings [...]
+54,55 %
-46,88 %
