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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 02, 2021 10:50pm
220 Views
Post# 32210669

I believe this statement is bring misread

I believe this statement is bring misread“Several lab tests yielded a portion of recovered nickel with concentrate grades in excess of 30%. The next phases of work will focus on continued flowsheet optimization and developing a broad base of test samples. These are essential given the wide range of mineralogy in these types of deposits which typically results in nickel recoveries for a specific block ranging from 10-15% to as much as 60%.”

what i'm reading we did get portion of recovered nickel in excess of 30% but our average is 26% for the overall M&I resource .. with 41% grades for HGC but the higher grade HGC is 31%  nickel in concentrates for the HGC in the M&I category or for most of the first minning sequence of 280 million tons..the sulfur is helpfull for heat while combined with oxygen in the smelting process, it's a fuel

now the wide range of mineralogy in these types of deposits is a broad statement for all deposits not singling CNC deposits wich can range in specific blocks from 10-15% to as much as 60%

Fe or iron recoveries are decent

Cobalt is low but as stated expected as thesesamples contain primarily heazlewoodite (rather than pentlandite) which contains little cobalt. PGM assays are pending
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