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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

Bullboard Posts
Comment by nomoneyon Aug 06, 2020 1:51pm
81 Views
Post# 31374196

RE:news is out

RE:news is out

Main Zone Infill Results

Infill drilling on the Main Zone continued to focus on more clearly defining and upgrading the Higher-Grade Core resource, which was previously defined as part of the resource estimate and dips steeply within the ultramafic unit and having a true thickness that varies from 40 m to 160 m.

All four infill holes contained in this release intersected thick intersections of nickel mineralization, and continue to extend and better define the higher grade resource shells. Assays from the remaining 12 in-fill holes will be released over the next several weeks. See Table 1 and Figure 1 for results.

Highlights of the drilling include:

Infill hole CR20-56 will extend the strike length of the Main Zone by 375 metres and is expected to extend the 0.3% higher grade shell by 168 metres. Mineralization remains open along strike to the west. 0.35% grade shell is expected to be created in western portion of mineralization as hole returned 0.42% nickel over core length of 31 metres from 186 metres, within 0.34% nickel over core length of 148 metres from 114 metres

Infill hole CR20-46 intersected thick intersections of nickel mineralization with 0.31% nickel across entire core length of 363 metres within the steeply dipping higher-grade core which varies in true thickness from 40 to 160 m

Infill hole CR20-44 returned 0.41% nickel over core length of 52 metres from 350 metres, within 0.33% nickel over core length of 118 metres from 283 metres which further expand width of higher grade shells on this section


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