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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by idlefreebirdon Jan 14, 2024 9:31am
199 Views
Post# 35825723

Midlothian would be my choice of next drill campain

Midlothian would be my choice of next drill campainyour  talking 4 hole at .29 % from surface and all 4 hole 345 meters of mineralisation..There's no swamp land easier to drill out and Mark once mentioned it would be like FPX recovery process..Send 8 drills out there have drilled up by summer lol

Mark Selby, CEO of Canada Nickel commented, “These outstanding Midlothian results, with all holes showing good nickel grades across long mineralized intervals of multi-hundred metres that start less than ten metres from surface, confirm Midlothian as a significant discovery. Midlothian is one of our ten properties with a target geophysical footprint larger than Crawford and these latest results further confirm the success of our geophysical targeting approach.  As well, these latest samples with high brucite content also demonstrate the potential for substantial carbon storage at Midlothian utilizing the In-Process Tailings (“IPT”) Carbonation process the Company is developing.” 

Mineralogy Results Mineralogical analysis from samples from hole MID23-04 indicate awaruite and heazlewoodite being the dominant nickel minerals, with awaruite representing approximately 70% of the recoverable nickel minerals.  Brucite, the most reactive carbon storage mineral, averaged 7.2%, nearly four times the amounts seen at Crawford which averages 1.9% brucite, with several individual samples over 11%.  See table 2. 

MID23-01* 1.5 345.0 343.5 0.28 0.01 0.003 0.003 0.16 4.55 0.02 

https://canadanickel.com/wp-content/uploads/2023/07/07.11.2023_CNC_PressRelease_Regional_July2023-VFF.pdf
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