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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Canada Nickel Company Inc. is pleased to announce that the unit component of the best efforts private placement financing previously announced on April 02, 2020 is now oversubscribed and as a result the syndicate of agents led by PI Financial Corp., which includes Red Cloud Securities Inc. and Haywood Securities Inc., have exercised their agents [...]
Canada Nickel Company Inc. today announced that the Company has filed on SEDAR an independent technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects supporting the maiden mineral resource estimate for its 100% owned Crawford Nickel-Cobalt Sulphide Project near Timmins, Ontario [...]
Highlights Separate PGM Zone with grades up to 1.7 g/t of palladium + platinum over 7.5 metres delineated from near surface to a depth of 500+ metres across a strike length of 600 metres – remains open to the west and at depth Westernmost hole to date CR19-25 , collared within higher grade zone, showed continuity of higher-grade zone with 0.34 [...]
Shows 89% of Nickel Contained in Nickel Sulphide and Nickel-Iron Alloy Minerals in Higher Grade Resource Area Canada Nickel Company Inc. is pleased to announce positive initial results from a mineralogical assessment of sample material from its Crawford Nickel-Cobalt Project. Highlights: 89% of the nickel in the Higher Grade Core of the resource is [...]
Toronto Stock Exchange, TSX Venture Exchange TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for February 2020. TSX welcomed 15 new issuers in February 2020, compared with 24 in the previous month and 23 in February 2019. The new listings were 14 exchange traded funds and one mining company. Total [...]