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Canada Nickel Company Inc.
Summary
| Project: | Crawford | |
|---|---|---|
| Deposit: | Crawford | |
| Location: | Australia | |
| Commodities: | Nickel-Cobalt-Iron-Sulphur-Palladium-Platinum | |
| Date: | 6/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-6-2020: Canada Nickel Company Inc. announces an Exploration/Drilling Update report for its Crawford deposit at the Crawford project. Drilling results incl. 361.5m @ 0.4% Ni, 0.017% Co, 0.036g/t Pd, 0.012g/t Pt, 0.52% S, 6.05% Fe from 43.5m. TORONTO, Ju | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Stephen Balch (Internal) | |
| ABSTRACT: | TORONTO, June 22, 2020 – Canada Nickel Company Inc. (TSX-V:CNC) ("Canada Nickel" or the "Company") today announced the initial results from infill drilling on the Main Zone at its Crawford Nickel-Cobalt Sulphide project. “This is an outstanding result from the first hole in our infill drilling program, which has delivered grades across the entire core length nearly one-third higher than our average high grade core resource of 0.31% nickel. These early results highlight the potential of the higher-grade core in our Main Zone,” said Mark Selby, Chair and CEO of Canada Nickel. “We expect to deliver a resource update by the end of July for use in our Preliminary Economic Analysis (PEA), expected by year-end.” The Crawford Nickel-Cobalt Sulphide Project is located in the heart of the prolific Timmins-Cochrane mining camp in Ontario, Canada, and is adjacent to well-established, major infrastructure associated with over 100 years of regional mining activity. | |
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