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Canada Nickel Company Inc.

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Summary

Project:

Crawford

Deposit:Crawford
Location:Canada
Commodities:Nickel-Cobalt
Date:2/28/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:28-2-2020: Canada Nickel Company Inc. announces a Resource Estimation report for its Crawford deposit at the Crawford project. Initial Mineral Resource Estimate for Crawford Project. TORONTO, Feb. 28, 2020 /CNW/ - Canada Nickel Company Inc. (TSX-V:CNC) ("
Resources:(Resources, M+I): 600.4Mt @ 0.25% Ni, 0.013% Co
CP/QP:[Resources]: Luis Oviedo (Caracle Creek International Consulting Inc.)
ABSTRACT:TORONTO, Feb. 28, 2020 /CNW/ - Canada Nickel Company Inc. (TSX-V:CNC) ("Canada Nickel" or the "Company") today announced a maiden mineral resource estimate for its 100% owned Crawford Nickel-Cobalt Sulphide Project ("Crawford") near Timmins, Ontario. Mark Selby, Chair and CEO of Canada Nickel commented "We believe the results of this initial campaign and resource are a clear demonstration of Crawford's potential scale. The Canada Nickel team will continue to leverage the project's excellent location and infrastructure, and our team's extensive project, industry and capital markets experience to explore and advance this large-scale nickel-cobalt project. With exploration activities and mineralogy work well underway, we expect a steady stream of news flow that will underpin an exciting inaugural year for the Company. As the global demand for electric vehicle battery components shifts into high gear, the timing is ideal for the launch of this new pure play nickel-cobalt company in one of the world's best mining jurisdictions." 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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