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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 smallcap1967on Feb 14, 2022 4:59pm
163 Views
Post# 34427881

RE:RE:RE:RE:RE:Partner...

RE:RE:RE:RE:RE:Partner...Endzone, with all due respect let’s use the recent drill results with the recovery equations of Ausenco to evaluate if this is economical. Using the Dargavel – Bradburn drill cores as an example, the sulfur/nickel ratio is .0344. Using Ausenco’s equation the predicted recovery is NiRecovery(%) = 77*(S/N)+ 20. (page 10 PEA). This comes out to 23 percent of the nickel will be recovered. This property is worthless. Similarly, one can calculate these Sulphur/nickel ratios for the other drill results, and most of these have Sulphur/nickel ratios of near zero which makes them worthless. The news release of improved metallurgical results uses a sulphur/nickel ratio of .36 which is not representative of the recent drill results. There is one core, MAH-21-01 which has an adequate Sulphur/nickel ratio. Hopefully CNC can release data similar to this core over a wide scale, but I suspect they are hesitant to release more poor results.

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