Bullboard - Stock Discussion Forum 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... see more

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Class 1 Nickel and Technologies Ltd > Class 1 Nickel Provides Operations and Exploration Update

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Post by Betteryear2 on Apr 18, 2024 10:30am

Class 1 Nickel Provides Operations and Exploration Update

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO | OTCQB: NICLF) ("Class 1 Nickel" or the "Company") is pleased to announce that Caracle Creek Chile SpA (“Caracle”) and their strategic partner Atticus Geoscience Consulting Ltd. (“Atticus”) (together the “Consultants”) have completed the first stage of a comprehensive independent review of both the Alexo-Dundonald and Somanike nickel projects. Work is near-complete on the delivery of an updated Mineral Resource Estimate (“MRE”) for the Alexo South Nickel Deposit, one of 4 nickel deposits on the Alexo-Dundonald Project (the “Project”), located about 45 km northeast of the City of Timmins, Ontario and covering approximately 1,895 hectares (18.95 km2). Updates to the other 3 nickel mineral resources contained within the Project will be completed over the coming months.

Class 1 Nickel Provides Operations and Exploration Update (globenewswire.com)