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CaNickel Mining Ltd V.CML

Alternate Symbol(s):  CMLGF

CaNickel Mining Limited is a Canada-based resource company. The Company is focused on the development of its 100% owned Bucko Lake nickel sulfide project located near Wabowden, Manitoba. The Bucko Lake Property consists of four mineral leases, three surface leases and seven mining claims totaling 3,004 hectares in area containing the formerly producing Bucko Lake Mine and several known historical satellite deposits, including the Bowden Lake, M11A and Apex deposits. The Company also holds the Halfway Lake property located 20 kilometers (km) away from Bucko Lake Property. Together, the Bucko Lake and Halfway Lake properties make up the Thompson Nickel Belt properties (TNB).


TSXV:CML - Post by User

Post by Betteryear2on Dec 04, 2023 11:15am
61 Views
Post# 35767085

CaNickel Signs Option Agreement

CaNickel Signs Option AgreementVancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - CaNickel Mining Limited (TSXV: CML) ("CaNickel" or the "Company") announces that it has signed an Option Agreement with Cobalt One Energy Corporation ("Cobalt One") and Blackstone Minerals Limited ("Blackstone Minerals") pursuant to which Cobalt One has been granted the exclusive right and option for a 12-month period (the "Option") to purchase CaNickel's 100% owned Bucko Lake Mine Project (the "Project") located approximately 110 km southwest of Thompson, Manitoba, for total consideration of up to C$80 million.

CaNickel Signs Option Agreement for Proposed Sale of the Bucko Lake Mine for up to C$80 Million (newsfilecorp.com)
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