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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 Property consists of approximately 110 mining titles covering over 5146.06 hectares located in the Abitibi area of the Province of Quebec. The Company also owns the Alexo-Dundonald Project, a portfolio of komatiite-hosted magmatic nickel-copper-cobalt sulphide deposits located near Timmins, Ontario, which covers an area of over 1,895 hectares and comprises 95 Boundary Cell Mining Claims, Single Cell Mining Claims, Leased Claims and Patented Claims. Its River Valley PGE Project is located immediately south of New Age Metals River Valley Palladium Project, about 65 km northeast of Sudbury, Ontario.


CSE:NICO - Post by User

Post by Betteryear2on Mar 23, 2022 7:37am
107 Views
Post# 34536836

Class 1 Nickel Announces Key Appointments

Class 1 Nickel Announces Key Appointments
  • Alex Beloborodov joins the Class 1 Nickel Team as the Exploration Manager Quebec and Robin Adair joins as an Independent Geological Technical Advisor
  • Approvals and line cutting have been completed for the ground geophysics program at the Somanike Project
  • Ground EM crew from Geophysique TMC is currently mobilizing on site for a planned 35km time-domain electromagnetic survey (TDEM)
  • TDEM deeper penetrating ground-based geophysics will be deployed to confirm possible extensions to historical mineralization and to identify new drill targets ahead of an extensive drilling campaign in 2022.

TORONTO, March 23, 2022 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO/OTCQB: NICLF) ("Class 1 Nickel" or the "Company") is pleased to announce the appointments of Mr. Alex Beloborodov and Mr. Robin Adair to the Class 1 Nickel team to accelerate exploration at the Somanike Nickel Project in Quebec, a komatiite-hosted magmatic sulphide Ni-Cu property, which includes the famous Marbridge Nickel Mine.

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