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Canada Nickel Company Inc.
Summary
| Project: | Crawford | |
|---|---|---|
| Deposit: | Crawford | |
| Location: | Canada | |
| Commodities: | Nickel-Cobalt | |
| Date: | 4/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-4-2020: Canada Nickel Company Inc. announces an Exploration/Drilling Update report for its Crawford deposit at the Crawford project. Drilling results incl. 333m @ 0.25% Ni, 0.005% Co from 87m. TORONTO, April 6, 2020 - Canada Nickel Company Inc. (TSX-V:C | |
| Resources: | ||
| CP/QP: | [Overall Report]: Stephen J. Balch (Internal) | |
| ABSTRACT: | TORONTO, April 6, 2020 - Canada Nickel Company Inc. (TSX-V:CNC) ("Canada Nickel" or the "Company") today announced the discovery of a new palladium-platinum zone from drilling conducted at its 100% owned Crawford Nickel-Cobalt Sulphide Project (“Crawford”) near Timmins, Ontario. These results represent the remaining holes from the initial drilling campaign on the Main Anomaly at Crawford. The Main Anomaly remains open to the west and at depth. Mark Selby, Chair and CEO of Canada Nickel commented “With palladium prices in excess of C$3,000 per ounce and few new palladium discoveries globally, the discovery of this new near-surface multi-gram palladium-platinum zone sitting parallel to Crawford’s existing nickel-cobalt-palladium resource further underscores Crawford’s significant potential and provides additional optionality to unlock value for shareholders. With less than 20% of the main structure drilled and multiple targets on the property, we look forward to the next phase of exploration where we will begin to explore the main nickel-cobalt-palladium and PGM Zone across the 8 kilometre strike length of structure.” | |
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