Bullboard - Stock Discussion Forum Class 1 Nickel and Technologies Ltd. C.NICO

Alternate Symbol(s): NICLF

Class 1 Nickel and Technologies Limited is a Canada-based mineral resource company. The principal business of the Company is mining, exploration and development of minerals and base metals in Canada. It is focused on the exploration and development of its 100% owned Somanike komatiite hosted nickel-copper sulphide project in Quebec, which includes the historical Marbridge Mine. The Somanike... see more

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Class 1 Nickel and Technologies Ltd. > Class 1 Nickel Provides Operations and Exploration Update

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Post by Betteryear2 on Apr 18, 2024 10:30am

Class 1 Nickel Provides Operations and Exploration Update

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO | OTCQB: NICLF) ("Class 1 Nickel" or the "Company") is pleased to announce that Caracle Creek Chile SpA (“Caracle”) and their strategic partner Atticus Geoscience Consulting Ltd. (“Atticus”) (together the “Consultants”) have completed the first stage of a comprehensive independent review of both the Alexo-Dundonald and Somanike nickel projects. Work is near-complete on the delivery of an updated Mineral Resource Estimate (“MRE”) for the Alexo South Nickel Deposit, one of 4 nickel deposits on the Alexo-Dundonald Project (the “Project”), located about 45 km northeast of the City of Timmins, Ontario and covering approximately 1,895 hectares (18.95 km2). Updates to the other 3 nickel mineral resources contained within the Project will be completed over the coming months.

Class 1 Nickel Provides Operations and Exploration Update (globenewswire.com)