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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

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Comment by Andrewskion Jun 22, 2020 5:28pm
84 Views
Post# 31178453

RE:RE:Grades are too low

RE:RE:Grades are too lowNotice how no one is interested in building/buying Dumont, it’s also a low grade junk property. Compare it to a nickel mine actually being developed lol

EndZonefor7 wrote: Not sure WTF you're talking about. Crawford has similar if not better grades than Dumont. 



"The Dumont deposit contains approximately 6.1 billion pounds of nickel in the proven and probable reserve categories (a proven and probable reserve of 1,028 million tonnes at 0.27% nickel) and 9.75 billion pounds of nickel resources in the measured and indicated category (a measured resource of 372 million tonnes at 0.28% nickel and an indicated resource of 1.29 billion tonnes at 0.26% nickel). In the inferred resource category there is approximately 2.9 billion pounds of nickel (500 million tonnes at 0.26% nickel). Once in operation, the mine will produce nickel for over 30 years."


Crawford:


  • Hole CR20-33 extended East Zone nickel and PGM mineralization along strike by 400 metres to the east (to 2.1 kilometres) and yielded another higher grade intersection with elevated PGM grades – 38 metres of 0.37% nickel and 0.17 g/t palladium + platinum (0.12 g/t Pd, 0.05 g/t Pt) within 315 metres of 0.25% nickel from 120 metres downhole.
     
  • Hole CR20-32 extended Main Zone nickel mineralization by 1.5 km along strike to the north (to 3.2 km) and yielded 243 meters of 0.25% nickel and 0.013% cobalt from 390 metres downhole and ended in mineralization with the final 57 metres grading 0.30% nickel and 0.013% cobalt. (Assays from PGM portion of this hole were announced in Canada Nickel press release dated May 19, 2020.)



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