Quebec Nickel Corp C.QNI

Quebec Nickel Cashed-up for 2023 Ni-Cu-Co-PGE-Au Exploration

[GrowthOps]

Qubec Nickel Corp. (CSE: QNI) (OTCQB: QNICF) (Frankfurt: 71B) is the subject of a Market Equities Research Group Market Bulletin, full copy may be viewed at https://marketequitiesresearch.com/marketbulletin-qni-jan-2023.htm online.
 
After encountering spectacular success in the 2022 exploration season, QNI’s geological team, led by V.P. of Exploration Gary DeSchutter, M.Sc., P.Geo., is looking to generate success across multiple fronts in 2023 on its large (~15,000 hectares), 100%-owned, Ni-Cu-Co-PGE-Au Ducros Project – the geological team is planning to drill a number of targets believed to be highly prospective for new discovery. In-short, QNI knows what they have found to date is significant and its understanding of what has the potential to be there across the project is enormous.
 
Independent Mining Analyst, Eric Lemieux, summarized matters well in November-2022, providing a noteworthy endorsement following a site visit of Qubec Nickel Corp's Ducros Ni-Cu-PGE Project; "We estimate for the 7 intersections disclosed by QNI in the Fortin Sill system an average of 4.95m @ 0.72% Ni, 0.78% Cu, 1.32 g/t Pt-Pd-Au" -- Since then additional impressive results have come forth.
 
Qubec Nickel Corp. closed out 2022 by announcing it has completed the closing of its second and final tranche of its previously announced brokered private placement, raising a total of ~C$8.7 million to be primarily used for its 2023 exploration program. This news falls on the heels of an announcement regarding additional assay results from drilling completed at its Ducros Ni-Cu-Co-PGE-Au Project, 80 kilometres northeast of Val-d’Or, located in the prolific Abitibi Greenstone belt.
 
Exceptional Risk-Reward Metrics:
 
The company was formed in 2020 to specifically tackle Ducros after it was identified as an outlier with grades ~4 - 5 times what is found in the region for nickel, but also spectacular elevated copper, cobalt, platinum, palladium, and gold. This combination of high-grades across a mix of companion elements proximal exceptional infrastructure (all weather roads within meters, nearby power, rail, and a trained local workforce, in a mining-friendly region) sets-up a potential scenario with a low economic threshold; assuming continued exploration success, the ingredients are there to potentially become one of the lowest cost nickel concentrate producers. QNI currently has a nominal market cap of ~C$19 million (~110.8 million shares trading near ~C$0.17). The majority of the company shares are institutionally held, and the company is well capitalized to accomplish key objectives thru 2023. The share price of QNI appears poised for upside revaluation as continued news flow occurs, and as the significance of what Qubec Nickel Corp. possesses is better appreciated by the market.
 
High-grade Ni-Cu-Co-PGE-Au Fortin Sill Deposit & big-upside for 2023 across the property:
 
Drilling to date (in only one season!) has indicated near-surface, high grade and bulk tonnage potential at the Fortin Sill target with significant upside potential as the Fortin Sill trend is +1 km in strike length. There is also similar potential, if not even larger, at the other targets at the Ducros project set to be tested for 2023.

see url above for full copy, very bullish year ahead of us imo