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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 Mar 08, 2023 9:08pm
68 Views
Post# 35327254

RE:RE:RE:RE:RE:RE:Canada Nickel Confirms High Grade Nickel Near-Surface

RE:RE:RE:RE:RE:RE:Canada Nickel Confirms High Grade Nickel Near-Surface The rabbit hole is from a post on ceo.ca from a now retired executive who was a summer student on site when they were mining it in the early 70's.

According to him, they couldn't grade, because asbestos in the foot wall kept clogging the flotation circuit in the mill. They had to shut it all down and manually shovel it out into barrels, several times a week. This was also mentioned in an old file from 1981 that someone attached here a few days ago. It mentioned that there were issues, and that the property is being held by the owner as a tax loss, and might never again go into production. Other issues were that Ontario Hydro wouldn't hook them into the grid, despite the power lines being less than a mile away, so they had to use Diesel Generators. Factor the OPEC Embargo after the Yom Kippur War that drove up the cost of oil, and those 2 issues killed the project.

However, the original mine was an underground operation, while Mark is planning a open pit in the lower grade (for this site, but still much richer than Crawford) halo. Still, someone needs to do their homework on this one, and stay away from areas that were a problem 50 years ago. What's the first rule of first aid? Look for hazards to yourself first, and make sure you don't become a casualty before you attempt a rescue.
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