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Class 1 Nickel and Technologies Ltd NICLF


Primary Symbol: C.NICO

Class 1 Nickel and Technologies Limited is a mineral resources company focused on the exploration and development of its 100% owned komatiite-hosted nickel sulphide projects: the Alexo-Dundonald Project, near Timmins, Ontario and the Somanike Project, near Val-d’Or, Quebec (includes the historical Marbridge Ni-Cu Mine). Its Alexo-Dundonald Nickel Project is located about 45 kilometers (km) northeast of the City of Timmins, Ontario, and covers an area of approximately 3,666 hectares. Its River Valley PGE Project is located about 65 km northeast of the City of Sudbury, the operating nickel-copper-cobalt-PGE mining camp. The Somanike Project consists of 148 mining titles (mining rights area) covering 6,882 hectares. The Alexo-Dundonald Project comprises four deposits comprising 92 granted exploration licenses, with a combined area of 19 square kilometers (km2) and over a 14 km strike-length of folded komatiite units: Alexo North, Alexo South, Dundonald North and Dundonald South.


CSE:NICO - Post by User

Class 1 Nickel and Technologies Ltd
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Post by Betteryear2on Oct 30, 2023 7:29pm
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Post# 35708318

Multiple Diamond Drill Hole Intercepts of High-Grade Nickel

Multiple Diamond Drill Hole Intercepts of High-Grade Nickel TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO | OTCQB: NICLF) ("Class 1 Nickel" or the "Company") is pleased to announce the results of its 2022-2023 exploration program (diamond drilling, Borehole EM, surface TDEM, Drone Mag-LiDAR) on its Somanike Nickel Sulphide Project (“Somanike” or the “Project”) in the central Abitibi Region of Qubec. The 6,882 ha (148 mining claims) Project, acquired by the Company in early 2021, is located about 25 km north of the mining centre of Malartic, 40 km northwest of Val-d’Or, and 60 km east of Rouyn-Noranda includes the historical Marbridge Ni-Cu Mine which closed in 1968 (Figure 1).

Class 1 Nickel Reports Multiple Diamond Drill Hole (globenewswire.com)
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