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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

Comment by PCGuy10on May 02, 2021 10:55am
245 Views
Post# 33110504

RE:RE:RE:RE:RE:RE:RE:negative

RE:RE:RE:RE:RE:RE:RE:negativeYes, they've already done the coarser grind size. That was the original reason for delaying the PEA so they could incorporate that into the overall cost. Also they are waiting on assay results from the other properties they now own. Thank's Covif.

"These latest results demonstrated that a 20% increase in grind size resulted in no material change in recovery. For large scale, lower grade projects such as Crawford, this significant improvement in primary grind requirements reduces the amount of energy needed to grind each tonne of material by 15%, which would allow for both higher throughput and lower costs per tonne,” said Mark Selby, Chair & CEO. “While the Company is eager to publish our PEA as soon as possible, it is important we include these significant improvements as they contribute to the overall project economics. Therefore, we now intend to release the PEA by the end of April 2021. In addition, work on the Kidd Creek smaller start-up option for Crawford is progressing well – our review of related capital and operating costs were in line with our expectations."

Microsoft Word - Canada Nickel Announces Further Metallurgical Test Results 20210304.docx
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