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Canada Nickel Company Inc.

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Summary

Project:

Crawford

Deposit:Crawford
Location:Australia
Commodities:Nickel-Cobalt-Iron-Palladium-Platinum
Date:6/10/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:10-6-2020: Canada Nickel Company Inc. announces an Exploration/Drilling Update report for its Crawford deposit at the Crawford project. Drilling results incl. 253.5m @ 0.26% Ni, 0.013% Co, 0.032g/t Pd, 0.013g/t Pt, 6.28% Fe from 192m. TORONTO, June 10, 20
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stephen Balch (Internal)
ABSTRACT:TORONTO, June 10, 2020 – Canada Nickel Company Inc. (TSX-V:CNC) ("Canada Nickel" or the "Company") today announced results from drilling on the East Zone at its Crawford Nickel-Cobalt Sulphide project have extended PGM mineralization and yielded multiple nickel intersections. Mark Selby, Chair and CEO of Canada Nickel commented “These latest holes clearly demonstrate the PGM potential of the East Zone and the multi-kilometre strike length of the multiple structures at Crawford. Previous holes had intersected mineralization from near-surface to a range of depths, but these latest holes are the first on the East Zone on the same sections and extended PGM mineralization by as much as 340 metres up and downdip with consistent grade/thickness.” Mr. Selby continued “The drilling – even in the less prospective part of the East Zone where hole CR20-36 delivered more than 250 metres core length of nickel mineralization including 75 metres grading 0.3% nickel – continues to reinforce our belief that Crawford is one of the leading next generation nickel-cobalt sulphide and palladium projects. We have two drill rigs completing drilling on both the Main Zone and East Zone for the resource update expected by the end of July. Follow up drilling on the previously announced high grade PGM discovery in hole CR20- 32 will continue once spring thaw conditions permit.”

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