Bullboard - Stock Discussion Forum Canada Nickel Company Inc V.CNC

Alternate Symbol(s): CNIKF

Metals & Mining Industrial Metals & Minerals

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the... see more

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TSXV:CNC - Post Discussion

Canada Nickel Company Inc > CNC~MARK SELBY "WE NEED TO BUILD CRAWFORD BY END OF YEAR"

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Post by moneywagon on Nov 21, 2024 10:03am

CNC~MARK SELBY "WE NEED TO BUILD CRAWFORD BY END OF YEAR"

https://www.timminspress.com/news/dont-underestimate-world-demand-for-nickel-ceo-says

The company will continue drilling until December.

Canada Nickel (TSX-V: CNC) is on track to complete the second stage of the federal permitting process for Crawford, their flagship Nickel sulphide project, by the end of the summer. Once submitted, the government has 365 days to respond. They are also forging ahead with all of their provincial permits.

"We need to build Crawford by the end of the year,” Selby said.

The Crawford Nickel Project has a total reserve of 3.8 million tonnes, making it the second largest nickel reserve, second only to the Russian Norilsk mine, according to Wood Mackenzie company filings.

This represents 3 per cent of total global nickel reserves of 130,000,000 tonnes, as estimated by the United States Geological Survey.

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