Highlights: Third hole at Nesbitt Nickel Property drilled 1.8 kilometres east of initial discovery holes intersected 302 metres of nickel mineralization with intervals of visible disseminated sulphides Consistent results with the first two Nesbitt drill holes and Higher Grade Zone at Crawford Canada Nickel Company Inc. today announced additional results from its drilling program currently underway at the Nesbitt Nickel [...]
Canada Nickel Company Inc. , has filed a Preliminary Economic Assessment for its wholly-owned Crawford Nickel Sulphide Project located in Timmins, Ontario, Canada. The PEA is available on www.sedar.com and on www.canadanickel.com. The PEA, titled "Crawford Nickel Sulphide Project NI 43-101 Technical Report and Preliminary Economic Assessment" was independently prepared by Ausenco Engineering Canada Inc., in accordance [...]
Canada Nickel Company Inc. is pleased to announce it has entered into an agreement with Cantor Fitzgerald Canada Corporation and Echelon Wealth Partners as joint bookrunners and lead underwriters on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, flow-through common shares of the Company at a price of $4.10 per FT Share , for [...]
Highlights: Significant discovery at Nesbitt - first two drill holes returned significant intersections of mineralization with intervals of visible disseminated sulphides consistent with Higher Grade Zone at Crawford Additional discovery at Mahaffy further confirm district scale potential of property Canada Nickel Company Inc. today announced initial results from its drill program testing targets located on its regional [...]
Highlights Main Zone drilling extended mineralization to the north and northwest by 1.8 kilometres across true widths of 120 to 320 metres First higher grade PGM intersections in main dunite mineralization - two holes yielded true width of 3.9 metres of 1.6 g/t PGM and 0.49% nickel, and 6.7 metres of 1.6 g/t PGM and 0.30% nickel PGM zone successfully intersected by an additional 5 holes . New PGM zone discovered at North [...]
Highlights: Life-of-mine Crawford CO2 footprint lower than 99.7% of global nickel production Crawford estimate of 2.05 tonnes of CO2 per tonne of nickel-equivalent production, 93% lower than the industry average of 29 tonnes CO2 Estimate excludes potential carbon offsets expected from company's waste rock and tailings, which is expected to result in net zero CO2 production Canada Nickel Company Inc. today announced its [...]
Highlights $1.2 billion after-tax NPV8% and 16% after-tax IRR First quartile net C1 cash cost of $1.09/lb and net AISC of $1.94/lb of nickel Production of 1.9 billion pounds nickel over 25 years Annual EBITDA of $439 million and annual free cash flow of $274 million Immediately advancing to feasibility study Canada Nickel Company Inc. , is pleased to announce that the Preliminary Economic Assessment has confirmed robust [...]
Highlights: First three drill holes returned significant intersections of mineralized dunite Canada Nickel Company Inc. today announced preliminary results from the start of its drill program at the MacDiarmid Nickel Project located 23 kilometres southwest of the Company's initial Crawford discovery. Assays are pending on all holes. Canada Nickel Announces Discovery at MacDiarmid Nickel Project Mark Selby, Chair & CEO [...]
Canada Nickel Company Inc. is pleased to announce that it has entered into a binding letter of intent with Noble Mineral Exploration to acquire the properties previously optioned by the Company plus additional claims held by Noble. Under the terms of the Transaction, the current option agreements with Noble will be terminated and Canada Nickel will acquire 100% of the optioned claims and other interests in return for 3.5 [...]
Canada Nickel Company Inc. is pleased to announce that, further to the Company's news release on February 17, 2021 to consolidate ownership of certain claims in MacDiarmid and Loveland Townships ), Canada Nickel has now entered into a longer-form option agreement with Noble, has received conditional approval from the TSX Venture Exchange, and plans to close the Transaction as soon as possible following the issuance of [...]
Canada Nickel Company Inc. is pleased to announce that it has initiated its Environmental and Social Impact Assessment for its Crawford Nickel Cobalt Sulphide project. "Canada Nickel is rapidly advancing the development of the Crawford mine to deliver NetZero Nickel and Cobalt products in a sustainable, environmentally responsible way. We will be announcing results from our Preliminary Economic Analysis shortly and expect [...]
Canada Nickel Company Inc. is pleased to announce that it has signed a Memorandum of Understanding with Taykwa Tagamou Nation , regarding the financing of the Company's expected Mine Fleet for the Crawford Nickel Cobalt Sulphide Project . "We welcome TTN as our partner in this initiative and acknowledge TTN's ongoing commitment to protect and enhance the land and resource-based economy within their Traditional Territory [...]