Canada Nickel Announces Results from Crawford PGM Zone Infill Drilling Campaign

Canada Nickel Announces Results from Crawford PGM Zone Infill Drilling Campaign

 
 

  Highlights  

 
  • Successful infill drilling campaign targeted PGM Zones at Crawford with 45 holes intersecting drill intervals of > 1g/t palladium + platinum
  •  
  • Results include:
    • 2.19 g/t palladium + platinum over core length of 76.5 metres in Crawford Main Zone including 3.90 g/t over core length of 13.5 metres
    •  
    • 1.15 g/t palladium + platinum over 38.5 metres in Crawford East Zone including 2.94 g/t over core length of 4.5 metres
    •  
  •  
  • PGM results will be included in development of a Crawford PGM Zone resource estimate and incorporated into the Crawford nickel mine plan
  •  

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) today announced additional results from its drilling program targeting the PGM zones that occur along the Crawford Main and East Zone boundaries and within the existing mine plan outlined in the Crawford Nickel Project feasibility study.

 

  Mark Selby , CEO of Canada Nickel, said, "We are very pleased with the drilling results of the PGM Zones for both the Crawford Main & East Zones, which occur within the existing feasibility study mine plan for Crawford. The opportunity to drill out these zones and to incorporate the findings into a PGM resource estimate have the potential to unlock incremental value from material that was previously unaccounted for, and in fact was treated as waste material within the Crawford feasibility study."

 

  Crawford PGM Drilling  

 

In early drilling campaigns at Crawford, "PGM zones" were identified (Figure 1) with platinum (Pt) and palladium (Pd) mineralization (Pt+Pd or PGM) occurring within a transitional boundary between the pyroxenite and peridotite units (the "PGM zone") that overlie the nickel-bearing dunites. In 2022, several areas were targeted for PGM mineralization throughout the whole Crawford property. Seventeen holes within the proposed Crawford pit are reported in this release. In 2024, a total of 31 holes were completed - 23 holes were drilled into the East zone, and eight new holes were drilled into the Main Zone to target the PGM zones. These zones are of interest as they reside within the boundaries of the proposed Crawford open pit and, as a resource had not been previously defined for the PGM zone, were treated as waste in the current feasibility study.

 

The purpose of the 2024 drill program was to provide sufficient infill drilling to produce a resource estimate on the PGM zones.  Canada Nickel successfully intersected mineralized peridotite/pyroxenite in 28 of the 31 holes drilled.   Assay results from both the 2022 and 2024 programs are tabulated in Table 1 and shown in Figure 2.

 

  Table 1: Crawford selected PGM intervals (2024 and 2022 drilling)  

 
 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 

   Hole ID

 
 

 
 

   From

 
 

 
 

   To

 
 

 
 

   Length

 
 

 
 

   Calculated
true
width
 
 

 
 

   Pt+Pd

 
 

 
 

   Pd

 
 

 
 

   Pt

 
 

 
 

   Ni

 
 

 
 

   Co

 
 

 
 

   Cr

 
 

 
 

   Fe

 
 

 
 

   S

 
 

 
 
 

   (m)   

 
 

   (m)   

 
 

   (m)   

 
 

   (m)   

 
 

   (g/t)   

 
 

   (g/t)   

 
 

   (g/t)   

 
 

   ( %)   

 
 

   ( %)   

 
 

   ( %)   

 
 

   ( %)   

 
 

   ( %)   

 
 

   EAST ZONE   

 
 

  CR24-345  

 
 

  201  

 
 

  205.5  

 
 

  4.5  

 
 

  2.8  

 
 

  0.55  

 
 

  0.20  

 
 

  0.35  

 
 

  0.05  

 
 

  0.01  

 
 

  0.37  

 
 

  6.99  

 
 

  0.08  

 
 

   CR24-344   

 
 

   286.5   

 
 

   297   

 
 

   10.5   

 
 

   1.5   

 
 

   1.53   

 
 

   0.81   

 
 

   0.72   

 
 

   0.07   

 
 

   0.01   

 
 

   0.49   

 
 

   7.27   

 
 

   0.05   

 
 

   including   

 
 

   289.5   

 
 

   292.5   

 
 

   3   

 
 

   0.4   

 
 

   2.97   

 
 

   1.57   

 
 

   1.40   

 
 

   0.06   

 
 

   0.01   

 
 

   0.53   

 
 

   8.02   

 
 

   0.05   

 
 

  CR24-342  

 
 

  370  

 
 

  382.5  

 
 

  12.5  

 
 

  10  

 
 

  0.51  

 
 

  0.28  

 
 

  0.23  

 
 

  0.04  

 
 

  0.01  

 
 

  0.24  

 
 

  6.54  

 
 

  0.21  

 
 

   including   

 
 

   378   

 
 

   381   

 
 

   3   

 
 

   2.4   

 
 

   1.16   

 
 

   0.52   

 
 

   0.64   

 
 

   0.05   

 
 

   0.01   

 
 

   0.4   

 
 

   7.01   

 
 

   0.04   

 
 

   CR24-338   

 
 

   228   

 
 

   234   

 
 

   6   

 
 

   2.8   

 
 

   1.87   

 
 

   0.87   

 
 

   1.00   

 
 

   0.02   

 
 

   0.01   

 
 

   0.28   

 
 

   5.74   

 
 

   0.17   

 
 

   CR24-336   

 
 

   199.5   

 
 

   208.5   

 
 

   9   

 
 

   3.1   

 
 

   1.02   

 
 

   0.48   

 
 

   0.54   

 
 

   0.02   

 
 

   0.01   

 
 

   0.34   

 
 

   5.55   

 
 

   0.06   

 
 

  CR24-335  

 
 

  69  

 
 

  78  

 
 

  9  

 
 

  6.7  

 
 

  0.86  

 
 

  0.38  

 
 

  0.48  

 
 

  0.03  

 
 

  0.01  

 
 

  0.31  

 
 

  6.13  

 
 

  0.06  

 
 

   including   

 
 

   73.5   

 
 

   78   

 
 

   4.5   

 
 

   3.3   

 
 

   1.53   

 
 

   0.67   

 
 

   0.86   

 
 

   0.03   

 
 

   0.01   

 
 

   0.27   

 
 

   5.94   

 
 

   0.06   

 
 

   CR24-333   

 
 

   205.5   

 
 

   212.9   

 
 

   7.4   

 
 

   2.7   

 
 

   1.07   

 
 

   0.42   

 
 

   0.65   

 
 

   0.06   

 
 

   0.01   

 
 

   0.5   

 
 

   6.74   

 
 

   0.18   

 
 

   including   

 
 

   207   

 
 

   210   

 
 

   3   

 
 

   1.1   

 
 

   2.10   

 
 

   0.84   

 
 

   1.26   

 
 

   0.05   

 
 

   0.01   

 
 

   0.59   

 
 

   6.39   

 
 

   0.08   

 
 

   CR24-332   

 
 

   87   

 
 

   90   

 
 

   3   

 
 

   1.3   

 
 

   1.66   

 
 

   0.79   

 
 

   0.87   

 
 

   0.03   

 
 

   0.01   

 
 

   0.32   

 
 

   5.75   

 
 

   0.09   

 
 

  CR24-330  

 
 

  210  

 
 

  217.5  

 
 

  7.5  

 
 

  2.3  

 
 

  0.29  

 
 

  0.22  

 
 

  0.07  

 
 

  0.16  

 
 

  0.01  

 
 

  0.59  

 
 

  6.95  

 
 

  0.04  

 
 

  CR24-328  

 
 

  58  

 
 

  65  

 
 

  7  

 
 

  4.8  

 
 

  0.91  

 
 

  0.39  

 
 

  0.52  

 
 

  0.05  

 
 

  0.01  

 
 

  0.43  

 
 

  6.88  

 
 

  0.1  

 
 

   including   

 
 

   61   

 
 

   63.5   

 
 

   2.5   

 
 

   1.7   

 
 

   2.06   

 
 

   0.95   

 
 

   1.11   

 
 

   0.04   

 
 

   0.01   

 
 

   0.39   

 
 

   6.46   

 
 

   0.03   

 
 

  CR24-327  

 
 

  306.5  

 
 

  324.8  

 
 

  18.3  

 
 

  5.0  

 
 

  0.38  

 
 

  0.13  

 
 

  0.25  

 
 

  0.06  

 
 

  0.01  

 
 

  0.37  

 
 

  7.82  

 
 

  0.03  

 
 

   including   

 
 

   311   

 
 

   312.5   

 
 

   1.5   

 
 

   0.8   

 
 

   1.24   

 
 

   0.30   

 
 

   0.94   

 
 

   0.06   

 
 

   0.01   

 
 

   0.34   

 
 

   7.67   

 
 

   0.03   

 
 

   CR24-326   

 
 

   210.5   

 
 

   249.5   

 
 

   38.5   

 
 

   11.9   

 
 

   1.15   

 
 

   0.52   

 
 

   0.63   

 
 

   0.03   

 
 

   0.01   

 
 

   0.39   

 
 

   5.84   

 
 

   0.11   

 
 

   including   

 
 

   216.5   

 
 

   221   

 
 

   4.5   

 
 

   1.4   

 
 

   2.94   

 
 

   1.35   

 
 

   1.59   

 
 

   0.04   

 
 

   0.01   

 
 

   0.35   

 
 

   5.3   

 
 

   0.22   

 
 

   including   

 
 

    233    

 
 

    240.5    

 
 

    7.5    

 
 

   2.3   

 
 

    2.06    

 
 

    0.98    

 
 

    1.08    

 
 

    0.03    

 
 

    0.01    

 
 

    0.35    

 
 

    5.3    

 
 

    0.22    

 
 

  CR24-325  

 
 

  147  

 
 

  156  

 
 

  9  

 
 

  2.8  

 
 

  0.88  

 
 

  0.38  

 
 

  0.50  

 
 

  0.04  

 
 

  0.01  

 
 

  0.36  

 
 

  5.96  

 
 

  0.15  

 
 

   including   

 
 

   151.5   

 
 

   154.5   

 
 

   3   

 
 

   0.9   

 
 

   2.36   

 
 

   1.07   

 
 

   1.29   

 
 

   0.04   

 
 

   0.01   

 
 

   0.31   

 
 

   6.27   

 
 

   0.28   

 
 

   CR24-323   

 
 

   88.5   

 
 

   93   

 
 

   4.5   

 
 

   3.3   

 
 

   1.01   

 
 

   0.48   

 
 

   0.53   

 
 

   0.07   

 
 

   0.01   

 
 

   0.42   

 
 

   7.32   

 
 

   0.1   

 
 

  CR24-322  

 
 

  237  

 
 

  249.5  

 
 

  12.5  

 
 

  3.9  

 
 

  0.99  

 
 

  0.46  

 
 

  0.53  

 
 

  0.05  

 
 

  0.01  

 
 

  0.45  

 
 

  6.86  

 
 

  0.07  

 
 

   including   

 
 

   240   

 
 

   244   

 
 

   4   

 
 

   1.2   

 
 

   2.75   

 
 

   1.31   

 
 

   1.45   

 
 

   0.05   

 
 

   0.01   

 
 

   0.46   

 
 

   7.67   

 
 

   0.03   

 
 

  CR24-321  

 
 

  64.5  

 
 

  67.5  

 
 

  3  

 
 

  1.2  

 
 

  0.91  

 
 

  0.43  

 
 

  0.48  

 
 

  0.06  

 
 

  0.01  

 
 

  0.4  

 
 

  7.71  

 
 

  0.1  

 
 

  CR24-320  

 
 

  195  

 
 

  198  

 
 

  3  

 
 

  0.9  

 
 

  0.24  

 
 

  0.17  

 
 

  0.07  

 
 

  0.11  

 
 

  0.02  

 
 

  0.49  

 
 

  8.15  

 
 

  0.03  

 
 

   CR24-319   

 
 

   119   

 
 

   124.5   

 
 

   5.5   

 
 

   1.3   

 
 

   1.19   

 
 

   0.51   

 
 

   0.68   

 
 

   0.04   

 
 

   0.01   

 
 

   0.48   

 
 

   6.13   

 
 

   0.11   

 
 

   CR24-318   

 
 

   69   

 
 

   76.5   

 
 

   7.5   

 
 

   5.6   

 
 

   1.22   

 
 

   0.56   

 
 

   0.66   

 
 

   0.05   

 
 

   0.01   

 
 

   0.49   

 
 

   7.69   

 
 

   0.07   

 
 

   including   

 
 

   72   

 
 

   75   

 
 

   3   

 
 

   2.2   

 
 

   2.52   

 
 

   1.16   

 
 

   1.36   

 
 

   0.05   

 
 

   0.01   

 
 

   0.46   

 
 

   6.94   

 
 

   0.02   

 
 

   Hole ID   

 
 

   From   

 
 

   To   

 
 

   Length   

 
 

   Calculated
true
width
 
 

 
 

   Pt+Pd   

 
 

   Pd   

 
 

   Pt   

 
 

   Ni   

 
 

   Co   

 
 

   Cr   

 
 

   Fe   

 
 

   S   

 
 

   CR24-317   

 
 

   190.3   

 
 

   208.5   

 
 

   18.2   

 
 

   5.6   

 
 

   1.09   

 
 

   0.54   

 
 

   0.55   

 
 

   0.03   

 
 

   0.01   

 
 

   0.38   

 
 

   6.11   

 
 

   0.08   

 
 

   including   

 
 

    199.5    

 
 

    205.5    

 
 

    6    

 
 

   1.9   

 
 

    2.16    

 
 

    1.04    

 
 

    1.12    

 
 

    0.02    

 
 

    0.01    

 
 

    0.35    

 
 

    5.76    

 
 

    0.05    

 
 

  CR24-316  

 
 

  115.5  

 
 

  120  

 
 

  4.5  

 
 

  3.3  

 
 

  0.92  

 
 

  0.35  

 
 

  0.56  

 
 

  0.06  

 
 

  0.01  

 
 

  0.48  

 
 

  7.22  

 
 

  0.05  

 
 

   including   

 
 

   115.5   

 
 

   117   

 
 

   1.5   

 
 

   1.1   

 
 

   1.57   

 
 

   0.57   

 
 

   1.0   

 
 

   0.05   

 
 

   0.01   

 
 

   0.53   

 
 

   7.41   

 
 

   0.03   

 
 

  CR24-315  

 
 

   324   

 
 

   339   

 
 

   15   

 
 

   7   

 
 

   1.10   

 
 

   0.57   

 
 

   0.53   

 
 

   0.06   

 
 

   0.01   

 
 

   0.39   

 
 

   7.67   

 
 

   0.03   

 
 

   including   

 
 

   324   

 
 

   330   

 
 

   6   

 
 

   2.8   

 
 

   2.50   

 
 

   1.32   

 
 

   1.18   

 
 

   0.06   

 
 

   0.01   

 
 

   0.4   

 
 

   7.75   

 
 

   0.03   

 
 

   including   

 
 

   324   

 
 

   327   

 
 

   3   

 
 

   1.4   

 
 

   3.73   

 
 

   1.96   

 
 

   1.77   

 
 

   0.06   

 
 

   0.01   

 
 

   0.42   

 
 

   8.1   

 
 

   0.04   

 
 

   CR22-298   

 
 

   90   

 
 

   96   

 
 

   6   

 
 

   4.1   

 
 

   1.65   

 
 

   0.79   

 
 

   0.86   

 
 

   0.02   

 
 

   0.01   

 
 

   0.26   

 
 

   5.32   

 
 

   0.03   

 
 

  CR22-296  

 
 

  159  

 
 

  165  

 
 

  6  

 
 

  2.8  

 
 

  0.39  

 
 

  0.22  

 
 

  0.16  

 
 

  0.05  

 
 

  0.01  

 
 

  0.42  

 
 

  6.13  

 
 

  0.01  

 
 

  CR22-295  

 
 

  114  

 
 

  118.5  

 
 

  4.5  

 
 

  3.3  

 
 

  0.97  

 
 

  0.54  

 
 

  0.44  

 
 

  0.02  

 
 

  0.01  

 
 

  0.34  

 
 

  4.86  

 
 

  0.02  

 
 

   CR22-294   

 
 

   186   

 
 

   190.5   

 
 

   4.5   

 
 

  2.1  

 
 

   1.57   

 
 

   0.76   

 
 

   0.81   

 
 

   0.03   

 
 

   0.01   

 
 

   0.35   

 
 

   6.01   

 
 

   0.01   

 
 

  CR22-291  

 
 

  106.5  

 
 

  112.5  

 
 

  6  

 
 

  4.5  

 
 

  0.42  

 
 

  0.15  

 
 

  0.27  

 
 

  0.04  

 
 

  0.01  

 
 

  0.37  

 
 

  6.04  

 
 

  0.01  

 
 

  CR22-288  

 
 

  120  

 
 

  130.5  

 
 

  10.5  

 
 

  4.9  

 
 

  0.86  

 
 

  0.37  

 
 

  0.49  

 
 

  0.05  

 
 

  0.01  

 
 

  0.36  

 
 

  6.93  

 
 

  0.25  

 
 

   including   

 
 

   123   

 
 

   127.5   

 
 

   4.5   

 
 

   2.1   

 
 

   1.69   

 
 

   0.72   

 
 

   0.97   

 
 

   0.04   

 
 

   0.01   

 
 

   0.31   

 
 

   6.25   

 
 

   0.02   

 
 

   CR22-287   

 
 

   92   

 
 

   98   

 
 

   6   

 
 

  4.5  

 
 

   1.02   

 
 

   0.45   

 
 

   0.57   

 
 

   0.07   

 
 

   0.01   

 
 

   0.51   

 
 

   7.79   

 
 

   0.04   

 
 

   CR22-286   

 
 

   98   

 
 

   105.5   

 
 

   7.5   

 
 

  3.5  

 
 

   1.53   

 
 

   0.66   

 
 

   0.87   

 
 

   0.05   

 
 

   0.01   

 
 

   0.41   

 
 

   6.93   

 
 

   0.01   

 
 

   CR22-286   

 
 

   101   

 
 

   104   

 
 

   3   

 
 

  1.4  

 
 

   3.37   

 
 

   1.48   

 
 

   1.89   

 
 

   0.05   

 
 

   0.01   

 
 

   0.43   

 
 

   7.51   

 
 

   0.01   

 
 

  CR22-285  

 
 

  73  

 
 

  74.5  

 
 

  1.5  

 
 

  1.1  

 
 

  1.52  

 
 

  0.56  

 
 

  0.96  

 
 

  0.06  

 
 

  0.01  

 
 

  0.71  

 
 

  7.38  

 
 

  0.04  

 
 

  CR22-284  

 
 

  76.5  

 
 

  84  

 
 

  7.5  

 
 

  5.6  

 
 

  0.99  

 
 

  0.44  

 
 

  0.56  

 
 

  0.04  

 
 

  0.01  

 
 

  0.28  

 
 

  6.8  

 
 

  0.06  

 
 

   including   

 
 

   79.5   

 
 

   82.5   

 
 

   3   

 
 

   2.2   

 
 

   2.14   

 
 

   1.00   

 
 

   1.14   

 
 

   0.04   

 
 

   0.01   

 
 

   0.21   

 
 

   6.11   

 
 

   0.06   

 
 

   CR22-283   

 
 

   106.5   

 
 

   126   

 
 

   19.5   

 
 

  7.6  

 
 

   1.20   

 
 

   0.53   

 
 

   0.67   

 
 

   0.03   

 
 

   0.01   

 
 

   0.37   

 
 

   5.13   

 
 

   0.11   

 
 

  CR22-281  

 
 

  129  

 
 

  133.5  

 
 

  4.5  

 
 

  3.3  

 
 

  0.76  

 
 

  0.34  

 
 

  0.42  

 
 

  0.03  

 
 

  0.01  

 
 

  0.38  

 
 

  6.1  

 
 

  0.02  

 
 

   including   

 
 

   130.5   

 
 

   133.5   

 
 

   3   

 
 

   2.2   

 
 

   1.92   

 
 

   0.86   

 
 

   1.06   

 
 

   0.03   

 
 

   0.01   

 
 

   0.36   

 
 

   6.06   

 
 

   0.02   

 
 

  CR22-267  

 
 

  120  

 
 

  130.5  

 
 

  10.5  

 
 

  4.1  

 
 

  0.22  

 
 

  0.11  

 
 

  0.12  

 
 

  0.06  

 
 

  0.01  

 
 

  0.35  

 
 

  7.15  

 
 

  0.13  

 
 

   CR22-265   

 
 

   200   

 
 

   246   

 
 

   46   

 
 

  .18.0  

 
 

   1.94   

 
 

   0.87   

 
 

   1.07   

 
 

   0.03   

 
 

   0.01   

 
 

   0.43   

 
 

   6.05   

 
 

   0.1   

 
 

   including   

 
 

   228.5   

 
 

   243   

 
 

   14.5   

 
 

   5.7   

 
 

   3.49   

 
 

   1.65   

 
 

   1.83   

 
 

   0.02   

 
 

   0.01   

 
 

   0.3   

 
 

   5.83   

 
 

   0.01   

 
 

   MAIN ZONE   

 
 

  CR24-341  

 
 

  457.5  

 
 

  468  

 
 

  10.5  

 
 

  1.3  

 
 

  0.26  

 
 

  0.12  

 
 

  0.14  

 
 

  0.06  

 
 

  0.01  

 
 

  0.4  

 
 

  7.47  

 
 

  0.03  

 
 

   CR24-334A   

 
 

   244.5   

 
 

   267   

 
 

   22.5   

 
 

   3.9   

 
 

   1.03   

 
 

   0.60   

 
 

   0.43   

 
 

   0.04   

 
 

   0.01   

 
 

   0.52   

 
 

   5.99   

 
 

   0.05   

 
 

   CR24-331   

 
 

   369   

 
 

   445.5   

 
 

   76.5   

 
 

   9.3   

 
 

   2.19   

 
 

   1.03   

 
 

   1.16   

 
 

   0.04   

 
 

   0.01   

 
 

   0.39   

 
 

   6.49   

 
 

   0.06   

 
 

   including   

 
 

   376.5   

 
 

   390   

 
 

   13.5   

 
 

   1.6   

 
 

   3.90   

 
 

   1.87   

 
 

   2.02   

 
 

   0.05   

 
 

   0.01   

 
 

   0.44   

 
 

   6.94   

 
 

   0.07   

 
 

  CR24-329  

 
 

  391.5  

 
 

  397.5  

 
 

  2.5  

 
 

  0.7  

 
 

  0.30  

 
 

  0.11  

 
 

  0.08  

 
 

  0.07  

 
 

  0.01  

 
 

  0.44  

 
 

  6.93  

 
 

  0.1  

 
 

  CR24-324  

 
 

  291  

 
 

  294  

 
 

  3  

 
 

  1.4  

 
 

  0.32  

 
 

  0.12  

 
 

  0.20  

 
 

  0.03  

 
 

  0.01  

 
 

  0.42  

 
 

  5.37  

 
 

  0.05  

 
 

  CR22-272  

 
 

  54  

 
 

  93  

 
 

  39  

 
 

  10.7  

 
 

  0.84  

 
 

  0.45  

 
 

  0.38  

 
 

  0.05  

 
 

  0.01  

 
 

  0.5  

 
 

  7.02  

 
 

  0.08  

 
 

   including   

 
 

   60   

 
 

   63   

 
 

   3   

 
 

   0.8   

 
 

   1.24   

 
 

   0.83   

 
 

   0.41   

 
 

   0.05   

 
 

   0.01   

 
 

   0.57   

 
 

   7.1   

 
 

   0.07   

 
 

   And   

 
 

   66   

 
 

   76.5   

 
 

   10.5   

 
 

   2.9   

 
 

   1.90   

 
 

   0.97   

 
 

   0.93   

 
 

   0.05   

 
 

   0.01   

 
 

   0.61   

 
 

   6.93   

 
 

   0.06   

 
 

   CR22-257   

 
 

   190.8   

 
 

   195.5   

 
 

   4.7   

 
 

  3.8  

 
 

   2.20   

 
 

   0.84   

 
 

   1.36   

 
 

   0.06   

 
 

   0.01   

 
 

   0.48   

 
 

   7   

 
 

   0.05   

 
 
 
 

  Figure 1 - Crawford PGM Highlights 2024 (CNW Group/Canada Nickel Company Inc.) 

 
 
 

  Figure 2 - Crawford PGM Cross Sections East Zone (CNW Group/Canada Nickel Company Inc.) 

 
 

  Table 3: Drillhole Orientation  

 
 
                                                                                                                                                                                                                                                                                    
 

   Hole ID   

 
 

   Easting (mE)   

 
 

   Northing (mN)   

 
 

   Azimuth (⁰)   

 
 

   Dip (⁰)   

 
 

   Length (m)   

 
 

  CR24-345  

 
 

  473300  

 
 

  5409950  

 
 

  356  

 
 

  -60  

 
 

  402  

 
 

  CR24-344  

 
 

  473205  

 
 

  5409985  

 
 

  0  

 
 

  -90  

 
 

  366  

 
 

  CR24-342  

 
 

  473373  

 
 

  5410260  

 
 

  170  

 
 

  -45  

 
 

  397  

 
 

  CR24-341  

 
 

  473833  

 
 

  5408690  

 
 

  0  

 
 

  -75  

 
 

  540  

 
 

  CR24-340  

 
 

  473278  

 
 

  5410290  

 
 

  173  

 
 

  -42  

 
 

  462  

 
 

  CR24-338  

 
 

  473610  

 
 

  5409950  

 
 

  0  

 
 

  -70  

 
 

  252  

 
 

  CR24-336  

 
 

  473827  

 
 

  5409967  

 
 

  0  

 
 

  -78  

 
 

  270  

 
 

  CR24-335  

 
 

  473950  

 
 

  5410000  

 
 

  0  

 
 

  -50  

 
 

  201  

 
 

  CR24-334A  

 
 

  473681  

 
 

  5408782  

 
 

  12  

 
 

  -70  

 
 

  372  

 
 

  CR24-333  

 
 

  474215  

 
 

  5409965  

 
 

  340  

 
 

  -77  

 
 

  236  

 
 

  CR24-332  

 
 

  474180  

 
 

  5410015  

 
 

  0  

 
 

  -72  

 
 

  252  

 
 

  CR24-331  

 
 

  473555  

 
 

  5408774  

 
 

  15  

 
 

  -74  

 
 

  501  

 
 

  CR24-330  

 
 

  474350  

 
 

  5409905  

 
 

  320  

 
 

  -80  

 
 

  450  

 
 

  CR24-329  

 
 

  473265  

 
 

  5408895  

 
 

  45  

 
 

  -70  

 
 

  450  

 
 

  CR24-328  

 
 

  474460  

 
 

  5409970  

 
 

  335  

 
 

  -55  

 
 

  231  

 
 

  CR24-327  

 
 

  473265  

 
 

  5408895  

 
 

  14  

 
 

  -66  

 
 

  351  

 
 

  CR24-326  

 
 

  474515  

 
 

  5409895  

 
 

  0  

 
 

  -80  

 
 

  273  

 
 

  CR24-325  

 
 

  474600  

 
 

  5409925  

 
 

  0  

 
 

  -80  

 
 

  201  

 
 

  CR24-324  

 
 

  472837  

 
 

  5409083  

 
 

  35  

 
 

  -55  

 
 

  351  

 
 

  CR24-323  

 
 

  474600  

 
 

  5409925  

 
 

  0  

 
 

  -50  

 
 

  261  

 
 

  CR24-322  

 
 

  474715  

 
 

  5409905  

 
 

  0  

 
 

  -80  

 
 

  306  

 
 

  CR24-321  

 
 

  474770  

 
 

  5409965  

 
 

  5  

 
 

  -75  

 
 

  300  

 
 

  CR24-320  

 
 

  474820  

 
 

  5409900  

 
 

  0  

 
 

  -80  

 
 

  270  

 
 

  CR24-319  

 
 

  474915  

 
 

  5409940  

 
 

  5  

 
 

  -84  

 
 

  171  

 
 

  CR24-318  

 
 

  474915  

 
 

  5409940  

 
 

  5  

 
 

  -50  

 
 

  204  

 
 

  CR24-317  

 
 

  475120  

 
 

  5409900  

 
 

  0  

 
 

  -80  

 
 

  300  

 
 

  CR24-316  

 
 

  475120  

 
 

  5409900  

 
 

  0  

 
 

  -50  

 
 

  207  

 
 

  CR24-315  

 
 

  473682  

 
 

  5410225  

 
 

  172  

 
 

  -54  

 
 

  399  

 
 

  CR22-298  

 
 

  473564  

 
 

  5410008  

 
 

  0  

 
 

  -55  

 
 

  252  

 
 

  CR22-296  

 
 

  473374  

 
 

  5409984  

 
 

  2  

 
 

  -70  

 
 

  201  

 
 

  CR22-295  

 
 

  473374  

 
 

  5409984  

 
 

  2  

 
 

  -50  

 
 

  282  

 
 

  CR22-294  

 
 

  475434  

 
 

  5409927  

 
 

  0  

 
 

  -70  

 
 

  192  

 
 

  CR22-291  

 
 

  475204  

 
 

  5409922  

 
 

  10  

 
 

  -50  

 
 

  210  

 
 

  CR22-288  

 
 

  474805  

 
 

  5409925  

 
 

  2  

 
 

  -70  

 
 

  171  

 
 

  CR22-287  

 
 

  474806  

 
 

  5409923  

 
 

  4  

 
 

  -50  

 
 

  252  

 
 

  CR22-286  

 
 

  474705  

 
 

  5409932  

 
 

  2  

 
 

  -70  

 
 

  180  

 
 

  CR22-285  

 
 

  474705  

 
 

  5409932  

 
 

  2  

 
 

  -50  

 
 

  252  

 
 

  CR22-284  

 
 

  474504  

 
 

  5409940  

 
 

  2  

 
 

  -50  

 
 

  261  

 
 

  CR22-283  

 
 

  474504  

 
 

  5409939  

 
 

  2  

 
 

  -75  

 
 

  222  

 
 

  CR22-282  

 
 

  474303  

 
 

  5409955  

 
 

  2  

 
 

  -75  

 
 

  222  

 
 

  CR22-281  

 
 

  474303  

 
 

  5409956  

 
 

  2  

 
 

  -50  

 
 

  252  

 
 

  CR22-272  

 
 

  473764  

 
 

  5408865  

 
 

  172  

 
 

  -82  

 
 

  651  

 
 

  CR22-267  

 
 

  474606  

 
 

  5410009  

 
 

  180  

 
 

  -75  

 
 

  650  

 
 

  CR22-265  

 
 

  474403  

 
 

  5410013  

 
 

  180  

 
 

  -75  

 
 

  577  

 
 

  CR22-257  

 
 

  473644  

 
 

  5408751  

 
 

  355  

 
 

  -45  

 
 

  354  

 
 
 

  Assays, Quality Assurance/Quality Control and Drilling and Assay  

 

  Edwin Escarraga , MSc, P.Geo., a "qualified person" as defined by National Instrument 43-101, is responsible for the on-going drilling and sampling program, including quality assurance (QA) and quality control (QC). The core is collected from the drill in sealed core trays and transported to the core logging facility. The core is marked and sampled at 1.5 metre lengths and cut with a diamond blade saw. One set of samples is transported in secured bags directly from the Canada Nickel core shack to Actlabs Timmins, while a second set of samples is securely shipped to SGS Lakefield for preparation, with analysis performed at SGS Burnaby or SGS Callao ( Peru ). All are ISO/IEC 17025 accredited labs. Analysis for precious metals (gold, platinum, and palladium) are completed by Fire Assay while analysis for nickel, cobalt, sulphur and other elements are performed using a peroxide fusion and ICP-OES analysis. Certified standards and blanks are inserted at a rate of 3 QA/QC samples per 20 core samples making a batch of 60 samples that are submitted for analysis.

 

  Qualified Person and Data Verification  

 

  Stephen J. Balch P.Geo . (ON), VP Exploration of Canada Nickel and a "qualified person" as is defined by National Instrument 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Canada Nickel.

 

The magnetic images shown in this press release were created from Canada Nickel's interpretation of datasets provided by the Ontario Geological Survey.

 

  About Canada Nickel Company  

 

 Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless-steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM , NetZero Cobalt TM , NetZero Iron TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.  

 

  For further information, please contact:  

 

  Mark Selby  
CEO
Phone: 647-256-1954
Email: info@canadanickel.com  

 

  Cautionary Note and Statement Concerning Forward Looking Statements
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation.  Forward looking information includes, but is not limited to, drill and exploration results, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the potential of the Crawford Nickel Sulphide Project, timing and completion (if at all) of mineral resource estimates, strategic plans, including future exploration and development plans and results, and corporate and technical objectives.  Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information.  Factors that could affect the outcome include, among  others:  future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise  the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities  (known  and  unknown), general business, economic, competitive, political and social uncertainties, results of  exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain  regulatory or shareholder approvals.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information.  All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof.  Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 
 

  Canada Nickel Logo (CNW Group/Canada Nickel Company Inc.) 

 
 

 Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/canada-nickel-announces-results-from-crawford-pgm-zone-infill-drilling-campaign-302211089.html  

 

SOURCE Canada Nickel Company Inc. 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2024/31/c2408.html  

 
 

 

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Canada Nickel Achieves Best Drill Results to Date at Reid

Canada Nickel Achieves Best Drill Results to Date at Reid

 
 

  Highlights  

 
  • Best Reid interval to date – 661 metres of 0.29% nickel including 100 metres of 0.42% nickel and 40 metres of 0.51% nickel in REI-24-35
  •  
  • All 8 holes targeting Reid Central Core intersected core lengths greater than 620 metres with average grades of 0.21% to 0.29% nickel
  •  

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce positive assay results from its ongoing 2024 exploration program at its Reid property, located 37 kilometres northwest of Timmins, Ontario .

 

 

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Canada Nickel Provides Update on Crawford Project Optimization and Commencement of Pilot Plant Operation

Canada Nickel Provides Update on Crawford Project Optimization and Commencement of Pilot Plant Operation

 
 

   Highlights   

 
  •   Testwork demonstrates opportunity for improvements in recovery from the Crawford East Zone  
    •   Locked cycle test delivered a 60% nickel sulphide concentrate – believed to be world's highest nickel grade sulphide concentrate produced – and a total nickel recovery of 47% exceeding the feasibility study model by 9%  
    •  
    •   Ten new open circuit variability tests demonstrated nickel recoveries averaging 28% higher than the feasibility study model  
    •  
  •  
  •   Pilot plant program initiated at SGS Lakefield  
  •  

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV:CNC) (OTCQX:CNIKF) is pleased to announce the successful completion of further metallurgical testing on Crawford East Zone material.

 

 

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Canada Nickel Company Announces Initial Deloro Nickel Sulphide Project Resource

Canada Nickel Company Announces Initial Deloro Nickel Sulphide Project Resource

 
 

  Highlights:  

 
  • First of seven new nickel resources expected to be published by end of the first quarter of 2025 demonstrating the potential scale of the Timmins Nickel District
  •  
  • Initial Deloro indicated Resource of 81 million tonnes grading 0.25% nickel containing 202kt of nickel plus a further Inferred Resource of 357 million tonnes grading 0.25% nickel containing 885kt of nickel
  •  
  • Seven exploration rigs currently drilling across the Timmins Nickel District
  •  

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQB: CNIKF) today announced an initial mineral resource for its 100% owned Deloro Nickel Sulphide Project ("Deloro") near Timmins, Ontario .

 

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Canada Nickel Closes Previously Announced US$15 Million Loan Facility with Auramet International, Inc.

Canada Nickel Closes Previously Announced US$15 Million Loan Facility with Auramet International, Inc.

 
 

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) today announced that it has closed a secured loan facility with Auramet International, Inc. ("Auramet") of US$15 million previously announced on June 24, 2024 .

 
 

  Canada Nickel Company Inc. logo (CNW Group/Canada Nickel Company Inc.) 

 

The loan is due January 9, 2025 , carries an interest rate of 1.00% per month, and is subject to a 2.5% arrangement fee.  At closing, Auramet also received 750,000 1-year warrants with a strike price of $1.42 per common share. The loan is subject to such terms and conditions including certain specified positive and negative covenants that are customary for a transaction of this nature. The warrants and the underlying shares are subject to a four month hold period under applicable Canadian securities laws. The Company expects to use the proceeds from the loan for working capital purposes.

 

  About Auramet  

 

Auramet is one of the largest physical precious metals merchants in the world with over US$20 billion in annual revenues and which provides a full range of services to all participants in the precious metals supply chain. Auramet is a private company established in 2004 by seasoned professionals who have assembled a global team of industry specialists with over 350 years combined industry experience. Their business consists of three main activities: physical metals trading, metals merchant banking (including direct lending) and project finance advisory services. The company has built a consistently successful and prominent franchise in the metals space on the back of an experienced management team that has proven to be innovative and capable of delivering the highest quality service to participants in the sector. In fiscal year 2023 it purchased over 7 million ounces of gold, 126 million ounces of silver and 3 million ounces of PGMs, and has provided term financing facilities in excess of US$1 billion to date. Auramet is looking to grow its capital investment business in equity, royalties and streams in the precious metals and battery related metals mining space. Auramet is proud to have been awarded a Gold Medal the past two years for its ESG commitment by EcoVadis, the most trusted provider of ESG ratings with a network of more than 90,000 rated companies. For more information on Auramet, please visit www.auramet.com .

 

  About Canada Nickel Company  

 

 Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel™, NetZero Cobalt™, NetZero Iron™ and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins - Cochrane mining camp. For more information, please visit www.canadanickel.com .

 

  For further information, please contact:  

 

  Mark Selby  
CEO
Phone: 647-256-1954
Email: info@canadanickel.com  

 

  Cautionary Statement Concerning Forward-Looking Statements  

 

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, the use of proceeds from the loan, the ability of the Company to deliver nickel required to feed the high growth electric vehicle and stainless steel markets, and the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Readers should not place undue reliance on forward looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canada Nickel to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. There are no assurances that Crawford will be placed into production. Factors that could affect the outcome include, among others: inability to repay the loan or comply with the covenants set out in the loan agreement; the actual results of development activities; project delays; inability to raise the funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices of metals or project costs could differ substantially and make any commercialization uneconomic; availability of alternative nickel sources or substitutes; actual nickel recovery; conclusions of economic evaluations; changes in applicable laws; changes in project parameters as plans continue to be refined; accidents, labour disputes, the availability and productivity of skilled labour and other risks of the mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental approvals, necessary permitting or in the completion of development or construction activities; mineral resource estimates relating to Crawford could prove to be inaccurate for any reason whatsoever; additional but currently unforeseen work may be required to advance to the feasibility stage; and even if Crawford goes into production, there is no assurance that operations will be profitable. Although Canada Nickel has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Canada Nickel disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/canada-nickel-closes-previously-announced-us15-million-loan-facility-with-auramet-international-inc-302192435.html  

 

SOURCE Canada Nickel Company Inc. 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2024/09/c7393.html  

 
 

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Canada Nickel Announces Creation of 'ExploreCo' Subsidiary with Spin-out of Eastern Exploration Properties and Consolidation of Crawford Regional Land Package

Canada Nickel Announces Creation of 'ExploreCo' Subsidiary with Spin-out of Eastern Exploration Properties and Consolidation of Crawford Regional Land Package

 
 

  Highlights  

 
  • Consolidation of the Canada Nickel-Noble joint venture in Mann Township and other Canada Nickel exploration projects East of Timmins into a single private company owned 80% by Canada Nickel and 20% by Noble Mineral Exploration.

  •  
  • Consolidation of all Crawford and adjacent township mining and surface rights facilitate and simplify acquisition of the required surface rights required to begin construction of the Crawford Nickel Sulphide Project.
  •  

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has signed a binding letter of Intent (the "LOI") with Noble Mineral Exploration Inc. ("Noble") dated July 5 th 2024 whereby Canada Nickel and Noble will contribute certain mining properties, including the existing Mann joint venture, into a new private company ("ExploreCo") to consolidate their respective interests in the portfolio of nickel projects northeast of Timmins, Ontario .

 

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Bold Ventures Provides Update on Field Work at Burchell Property

Bold Ventures Provides Update on Field Work at Burchell Property

 

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to provide an update on the progress of field work at its Burchell Gold and Copper Property, located approximately 100 km west of Thunder Bay.

 

Prospecting, outcrop mapping and soil sampling were carried out during the months of May and June on a 1 km by 800 m flagged grid centered on the recently discovered 111 Zone, where grab samples returned between 10 ppb gold and 68 g/t gold last December (see news releases dated December 12, 2024 and January 9, 2025). More than 600 rock and soil samples have been submitted for analysis from this first phase of field work, with final results pending.

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Juggernaut Announces Financing Of $1,000,000 From One Strategic Investor

Juggernaut Announces Financing Of $1,000,000 From One Strategic Investor

 

(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

Vancouver, British Columbia July 3 rd 2025 TheNewswire - Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), is pleased to announce a $1,000,000 hard dollar financing from one strategic investor, further confirming the support and excitement of the newly discovered 11 km Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The discovery is in an area of glacial and snowpack abatement next door to the gold-rich porphyry systems at Newmont Mining's Galore Creek. The Big One Property is a discovery previously announced Jan 20 th (Click Link) with assays up to 79.01 gt gold (2.54 ozt gold) and 3157.89 gt silver (101.5 ozt silver) from over 200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that all remain open at surface. The Big One Project covers 33,693 hectares in a globally ranked tier 1 jurisdiction with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.

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Anteros Returns High-Grade Lead-Zinc-Silver in Surface Samples from the MMZ at its Havens Steady VMS Property, Newfoundland

Anteros Returns High-Grade Lead-Zinc-Silver in Surface Samples from the MMZ at its Havens Steady VMS Property, Newfoundland

 

Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce assay results from six grab samples collected at the Main Mineralized Zone ("MMZ") of its wholly-owned, road-accessible Havens Steady VMS Property ("Havens Steady" or the "Property") in central Newfoundland. These samples confirm high-grade lead-zinc-silver mineralization at surface and show associated gold and copper enrichment consistent with a polymetallic volcanogenic massive sulphide ("VMS") system.

 

The grab samples were collected during a recent field visit, focused on confirming the tenor and extent of exposed mineralization within the MMZ. All samples were collected from bedrock outcroppings of gossanous surface material. Surface grab sample highlights are given in Table 1, below.

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