Highlights Infill hole on Main Zone returned 0.33% nickel over core length of 357 metres from the start of the hole at 45 metres, beginning with 0.36% nickel over 249 metres, within the steeply dipping higher-grade core which varies in true thickness from 40 to 160 m Final four holes from this phase of East Zone drilling intersected thick intersections of nickel mineralization including hole CR20-39 with 0.24% nickel over [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining companies discuss [...]
Canada Nickel Company Inc. is pleased to announce it has created a wholly-owned subsidiary, NetZero Metals, to begin the research and development of a processing facility that would be located in the Timmins, Ontario region with the goal of utilizing existing technologies to produce zero-carbon nickel, cobalt and iron products. The Company has applied for trademarks for the terms NetZero NickelTM, NetZero CobaltTM, and [...]
Canada Nickel Company Inc. today announced that it is accelerating the expiry date of its common share purchase warrants issued on May 5, 2020 under the warrant indenture between TSX Trust Company and the Company. "The acceleration and exercise of these Warrants would provide us with the additional capital to allow us to continue to aggressively advance our Crawford Nickel-Cobalt sulphide Project and complete our [...]
Highlights Seven separate nickel-bearing target structures with more than 30 kilometres of total strike length ranging from 150 to 600 metres wide have been identified Historic drilling yielded nickel-bearing intersections on all of the target structures. Kingsmill – 0.30% Ni over core length of 503 metres from 118 metres in historic hole KML-12-02 and 0.31% Ni over 302 metres core length from 20 metres in historic hole [...]
Highlights First infill hole on Main Zone returned 0.42% nickel over 306 m starting at 43 metres, including 0.51% nickel over 27 m starting at 304 metres. Entire hole returned 0.40% nickel, 0.017% cobalt, 0.05 g/t PGM over 361 m within the steeply dipping higher-grade core which varies in true thickness from 40 to 160 m. Canada Nickel Company Inc. today announced the initial results from infill drilling on the Main Zone [...]
Highlights Multiple holes extend PGM mineralization, up and downdip, on East Zone with consistent grade and thickness 1.8 g/t palladium + platinum over 4.5 metres core length in hole CR20-34, 340 metres downdip from previously reported hole CR20-28 2.0 g/t palladium + platinum over 3.0 metres core length in hole CR20-37, 150 metres updip from previously reported hole CR20-31 Multiple intersections of nickel mineralization [...]
Canada Nickel Company Inc. today announced it has commenced the Preliminary Economic Assessment for the Crawford Nickel-Cobalt Sulphide Project and has retained Ausenco Engineering Canada Inc. as the lead study consultant. Canada Nickel also appointed Mr. Christian Brousseau, P.Eng., to the Canada Nickel team as the Project Director for Crawford. Reporting to the Chair and CEO, Mr. Brousseau will have overall [...]
Highlights Hole CR20-33 extended East Zone nickel and PGM mineralization along strike by 400 metres to the east and yielded another higher grade intersection with elevated PGM grades – 38 metres of 0.37% nickel and 0.17 g/t palladium + platinum within 315 metres of 0.25% nickel from 120 metres downhole. Hole CR20-32 extended Main Zone nickel mineralization by 1.5 km along strike to the north and yielded 243 meters of [...]
Canada Nickel Company Inc. is pleased to announce that it has closed its previously announced property transactions with Noble Mineral Exploration Inc. . As part of the consideration for these transactions, Canada Nickel issued 500,000 common shares to Noble, which shares are subject to a four-month hold period under applicable securities laws. Pursuant to the policies of the TSX Venture Exchange, Canada Nickel obtained [...]
Highlights Hole CR20-32 extended the PGM zone by 1.5 km along strike and intersected 3 separate palladium-platinum zones including the most promising palladium-platinum intersection to date – 2.6 g/t palladium + platinum over 7.5 metres within 1.8 g/t over 12 metres at 123 metres downhole. Assays for target nickel zone for this hole are pending. Second nickel discovery – East Zone. Assays from hole CR19-28 yielded the [...]
Canada Nickel Company Inc. is pleased to announce that it has closed its previously announced brokered private placement financing for aggregate gross proceeds of $4,449,670 of 1,642,890 units of the Company at an offer price of $0.35 per Unit, 4,390,000 common shares of the Company each of which qualifies as a "flow-through share" as defined in subsection 66 of the Income Tax Act at an offer price of $0.40 per [...]