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Class 1 Nickel and Technologies Ltd. NICLF


Primary Symbol: C.NICO

Class 1 Nickel and Technologies Limited is a Canada-based mineral resource company. The principal business of the Company is mining, exploration and development of minerals and base metals in Canada. It is focused on the exploration and development of its 100% owned Somanike komatiite hosted nickel-copper sulphide project in Quebec, which includes the historical Marbridge Mine. The Somanike Property consists of approximately 110 mining titles covering over 5146.06 hectares located in the Abitibi area of the Province of Quebec. The Company also owns the Alexo-Dundonald Project, a portfolio of komatiite-hosted magmatic nickel-copper-cobalt sulphide deposits located near Timmins, Ontario, which covers an area of over 1,895 hectares and comprises 95 Boundary Cell Mining Claims, Single Cell Mining Claims, Leased Claims and Patented Claims. Its River Valley PGE Project is located immediately south of New Age Metals River Valley Palladium Project, about 65 km northeast of Sudbury, Ontario.


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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