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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 N3tPr0pheton Apr 04, 2022 1:46pm
130 Views
Post# 34573792

RE:RE:RE:RE:Canada Nickel Completes Current Phase of Crawford Drilling,

RE:RE:RE:RE:Canada Nickel Completes Current Phase of Crawford Drilling, "Proprietary technology" is about as close to a response as you're going to get, I'm afraid.
PCGuy10 wrote: This question has been asked in the past, without a satisfactory answer. Here are the equations from page 9 of the PEA

Table 1.1: Ni Recovery Equations for the Metallurgical Domain S/Ni < 0.3="" metallurgical="" domain="" ore="" domain="" recovery="" equation="" s/ni=""><>
High-Grade Core Ni Recovery (%) = 90 (S/Ni) + 20
North Low-Grade Ni Recovery (%) = 77 (S/Ni) + 18
South Low-Grade Ni Recovery (%) = 77 (S/Ni) + 15
0.3 ≥ S/Ni <>
High-Grade Core Ni Recovery (%) = 48
North Low-Grade Ni Recovery (%) = 45
South Low-Grade Ni Recovery (%) = 42
S/Ni ≥ 0.5 All Domains Ni Recovery (%) = 52

A lot of these holes have very low sulfer - 0.02 - 0.03. The press releases to date showing better than PEA recoveries have S/NI ratios better than .3.

Someone please explain this to me. The first time I asked this question I  got the reply "If you already know the answer, then why did you ask the question" or "I have spoken to Selby, and I am comforable with what he told me". Well if so, then please shed some insight.


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