Canada Nickel Company Inc. announces appointment of Mr. Julian Ovens to its Board of Directors effective October 21, 2024. Mr. Mike Cox has retired as a director but continues to support the Company's continued development in leading Canada Nickel's wholly owned downstream subsidiary, NetZero Metals Inc. David Smith, Chair of Canada Nickel, said, "We are very glad to have Julian join our Board of Directors. His extensive [...]
Highlights Conditionally approved contribution to support pre-implementation studies for electrical infrastructure. Provided to Canada Nickel under Stream 1 of the Critical Minerals Infrastructure Fund . Pre-implementation studies began in April 2024 and are expected to be complete by June 2025. Canada Nickel Company Inc. announced today with the Government of Canada, that it has been conditionally approved for a C$4.38 [...]
Canada Nickel Company Inc. has begun the submission of the federal Impact Statement for the Crawford Nickel Sulphide Project and expects to complete this submission within the next six weeks. The federal Impact Statement includes critical baseline data and analysis of the environmental, social, and economic effects of the Project. It reflects Canada Nickel's commitment to responsible mining practices and outlines [...]
Canada Nickel Company Inc. has announced the appointment of an Advisory Board for NetZero Metals Inc. to support the advancement of its nickel, stainless-steel and alloy processing facilities that are planned for the Timmins District. The Company also announced the appointment of Scott Lauschke as Vice-President Business Development with NetZero Metals. The Advisory Board will include Dr. Ulrich Albrecht Frueh, Boyd [...]
Additional milestone in securing project financing for the Crawford Nickel Sulphide Project Canada Nickel Company Inc. today announced receipt on September 11, 2024 of a support letter from a leading financial institution stating its interest in providing long term debt financing of up to C$500 million of project debt, for development of the Crawford Nickel sulphide project in Timmins, Ontario. Terms and conditions will [...]
Highlights Company on track for eight resources published by mid-2025 Reid: 710 metres of 0.25% nickel including 105 metres of 0.35% nickel and 22 metres of 0.41% nickel in hole REI24-42 Mann Central: 223 metres of 0.29% nickel including 10 metres of 0.51% nickel Mann West: Successfully delineated mineralization over 1.7 kilometre strike length by up to 600 metres width Reaume: Improved nickel mineralization intersected [...]
Important milestone in securing project financing for the Crawford Nickel Sulphide Project Canada Nickel Company Inc. today announced receipt of a Letter of Interest from Export Development Canada , signed on August 30, 2024, stating its interest in providing long term debt financing of up to US$500 million of project debt, as Mandated Lead Arranger, for development of the Crawford Nickel Sulphide Project in Timmins [...]
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 initial mineral resource estimate for its 100% owned Deloro Nickel Sulphide Project near Timmins, Ontario. There are no material differences in the Report from those results disclosed in the [...]
Highlights Best Reid interval to date - 661 metres of 0.29% nickel including 100 metres of 0.42% nickel and 40 metres of 0.51% nickel in REI-24-35 All 8 holes targeting Reid Central Core intersected core lengths greater than 620 metres with average grades of 0.21% to 0.29% nickel Canada Nickel Company Inc. is pleased to announce positive assay results from its ongoing 2024 exploration program at its Reid property, located [...]
Highlights Successful infill drilling campaign targeted PGM Zones at Crawford with 45 holes intersecting drill intervals of > 1g/t palladium + platinum Results include: 2.19 g/t palladium + platinum over core length of 76.5 metres in Crawford Main Zone including 3.90 g/t over core length of 13.5 metres 1.15 g/t palladium + platinum over 38.5 metres in Crawford East Zone including 2.94 g/t over core length of 4.5 metres [...]
Highlights Testwork demonstrates opportunity for improvements in recovery from the Crawford East Zone Locked cycle test delivered a 60% nickel sulphide concentrate - believed to be world's highest nickel grade sulphide concentrate produced - and a total nickel recovery of 47% exceeding the feasibility study model by 9% Ten new open circuit variability tests demonstrated nickel recoveries averaging 28% higher than the [...]
Highlights: First of seven new nickel resources expected to be published by end of the first quarter of 2025 demonstrating the potential scale of the Timmins Nickel District Initial Deloro indicated Resource of 81 million tonnes grading 0.25% nickel containing 202kt of nickel plus a further Inferred Resource of 357 million tonnes grading 0.25% nickel containing 885kt of nickel Seven exploration rigs currently drilling [...]
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