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Churchill Resources Inc V.CRI

Alternate Symbol(s):  CRICF

Churchill Resources Inc. is a Canadian exploration company focused on high grade, magmatic nickel sulfides in Canada, principally at its prospective Taylor Brook and Florence Lake properties in Newfoundland and Labrador. The Company also holds the White River project in Ontario. The 100% owned Taylor Brook Nickel Property is located about 60 kilometers (km) north of Deer Lake, Newfoundland, and consists of nine contiguous map-staked licenses containing 705 claims totaling approximately 176.25 square kilometers. The Florence Lake Property consists of four map-staked licenses, with the northern Florence Lake Block comprising Licenses 027520M (50 claims) and 032167M (151 claims) totaling 5,025 hectares (ha). The southern Seahorse Lake Block consists of license 032231M containing 172 claims which cover 4,300 ha. The White River hosts about 20 km of diamond-bearing kimberlitic dykes. The White River property is located on the Trans-Canada Highway in New Diamond District.


TSXV:CRI - Post by User

Churchill Resources Inc
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Post by sdhakaon Jul 16, 2024 2:57pm
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Post# 36135308

ChurchillResources raising $2.5M through a private placement

ChurchillResources raising $2.5M through a private placement
Did you guys catch the latest news from Churchill Resources? They’re raising $2.5M through a private placement to push exploration at Taylor Brook and Florence Lake in Newfoundland and Labrador. These sites have some serious potential for nickel sulphide deposits, which are key for class 1 nickel in lithium-ion batteries. Looks like exciting times ahead! What do you all think?
 
I used this weekly report for insights. If you want to check it out make sure you sign in before .. its free : https://www.researchfrc.com/content/analyst-ideas/post/115/dovish-fed-softbank-bets-on-ai-gold-junior-commences-production
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