Canada Nickel Announces Further Successful Exploration Results from the "Three Giants" including Highest Grade to Date at Mann West
Canada Nickel has announced successful exploration results from its 'Three Giants' properties - Reid, Mann West, and Midlothian. Mann West achieved its highest-grade interval to date with 0.63% nickel over 4.5 metres within 18 metres of 0.40% nickel, contained in a 452-metre mineralized core length of 0.27% nickel.
Midlothian demonstrated consistent higher grades, showing 0.32% nickel over 49 metres within a 441.5-metre hole length at 0.29% nickel. The Reid project continued its infill and extension drilling with notable results, including 0.48% nickel over 12.0 metres and 0.41% nickel over 37.5 metres within a 722.7-metre core length.
The company plans to publish six additional resources by mid-2025, bringing the total to eight regional resources in the Timmins Nickel District. Each of these targets has a footprint larger than the flagship Crawford Nickel Sulphide Project, with Reid covering 3.9 square kilometres, Midlothian 1.7 square kilometres, and Mann West 3.4 square kilometres.
Canada Nickel ha annunciato risultati di esplorazione di successo dalle sue proprietà 'Three Giants' - Reid, Mann West e Midlothian. Mann West ha raggiunto il suo intervallo di grado più alto fino ad oggi con 0,63% di nichel su 4,5 metri all'interno di 18 metri di 0,40% di nichel, contenuti in un nucleo mineralizzato lungo 452 metri con 0,27% di nichel.
Midlothian ha dimostrato gradi più elevati costanti, mostrando 0,32% di nichel su 49 metri all'interno di un foro lungo 441,5 metri con 0,29% di nichel. Il progetto Reid ha continuato la perforazione di infill e di estensione con risultati notevoli, inclusi 0,48% di nichel su 12,0 metri e 0,41% di nichel su 37,5 metri all'interno di un nucleo lungo 722,7 metri.
L'azienda prevede di pubblicare sei risorse aggiuntive entro la metà del 2025, portando il totale a otto risorse regionali nel Distretto di Nichel di Timmins. Ognuno di questi obiettivi ha un'area più grande rispetto al progetto di punta Crawford Nickel Sulphide, con Reid che copre 3,9 chilometri quadrati, Midlothian 1,7 chilometri quadrati e Mann West 3,4 chilometri quadrati.
Canada Nickel ha anunciado resultados de exploración exitosos de sus propiedades 'Three Giants' - Reid, Mann West y Midlothian. Mann West logró su intervalo de mayor grado hasta la fecha con 0,63% de níquel sobre 4,5 metros dentro de 18 metros de 0,40% de níquel, contenido en un núcleo mineralizado de 452 metros con 0,27% de níquel.
Midlothian demostró grados más altos de manera consistente, mostrando 0,32% de níquel sobre 49 metros dentro de un agujero de 441,5 metros de longitud con 0,29% de níquel. El proyecto Reid continuó su perforación de relleno y extensión con resultados notables, incluyendo 0,48% de níquel sobre 12,0 metros y 0,41% de níquel sobre 37,5 metros dentro de un núcleo de 722,7 metros.
La compañía planea publicar seis recursos adicionales para mediados de 2025, llevando el total a ocho recursos regionales en el Distrito de Níquel de Timmins. Cada uno de estos objetivos tiene una huella más grande que el proyecto insignia Crawford Nickel Sulphide, con Reid cubriendo 3,9 kilómetros cuadrados, Midlothian 1,7 kilómetros cuadrados y Mann West 3,4 kilómetros cuadrados.
캐나다 니켈은 'Three Giants' 자산인 Reid, Mann West, Midlothian에서 성공적인 탐사 결과를 발표했습니다. Mann West는 4.5미터에서 0.63% 니켈의 최고 등급 구간을 기록했으며, 18미터에서 0.40% 니켈을 포함하고 있는 452미터의 광물화된 코어 길이에서 0.27% 니켈이 포함되어 있습니다.
Midlothian은 441.5미터의 구멍 길이에서 0.29% 니켈을 포함하여 49미터에서 0.32% 니켈의 일관된 높은 등급을 보여주었습니다. Reid 프로젝트는 주목할 만한 결과를 포함하여 12.0미터에서 0.48% 니켈 및 37.5미터에서 0.41% 니켈을 포함하는 보강 및 확장 드릴링을 계속했습니다.
회사는 2025년 중반까지 여섯 개의 추가 자원을 발표할 계획이며, 이를 통해 Timmins Nickel District에서 총 여덟 개의 지역 자원으로 늘어납니다. 이러한 각 목표는 플래그십 Crawford Nickel Sulphide 프로젝트보다 더 큰 면적을 가지고 있으며, Reid는 3.9제곱킬로미터, Midlothian은 1.7제곱킬로미터, Mann West는 3.4제곱킬로미터를 차지하고 있습니다.
Canada Nickel a annoncé des résultats d'exploration réussis de ses propriétés 'Three Giants' - Reid, Mann West et Midlothian. Mann West a atteint son intervalle de grade le plus élevé à ce jour avec 0,63% de nickel sur 4,5 mètres, dans un intervalle de 18 mètres avec 0,40% de nickel, contenu dans un noyau minéralisé de 452 mètres de longueur avec 0,27% de nickel.
Midlothian a montré des grades plus élevés de manière constante, affichant 0,32% de nickel sur 49 mètres dans un trou de 441,5 mètres de longueur avec 0,29% de nickel. Le projet Reid a poursuivi son forage de remplissage et d'extension avec des résultats notables, y compris 0,48% de nickel sur 12,0 mètres et 0,41% de nickel sur 37,5 mètres dans un noyau de 722,7 mètres.
L'entreprise prévoit de publier six ressources supplémentaires d'ici mi-2025, portant le total à huit ressources régionales dans le district de nickel de Timmins. Chacun de ces objectifs a une empreinte plus grande que le projet phare Crawford Nickel Sulphide, avec Reid couvrant 3,9 kilomètres carrés, Midlothian 1,7 kilomètres carrés et Mann West 3,4 kilomètres carrés.
Canada Nickel hat erfolgreiche Explorationsergebnisse von seinen 'Three Giants'-Eigenschaften - Reid, Mann West und Midlothian - bekannt gegeben. Mann West erreichte sein bisheriges Höchstgradintervall mit 0,63% Nickel über 4,5 Meter innerhalb von 18 Metern mit 0,40% Nickel, das in einem 452 Meter langen mineralisierten Kern mit 0,27% Nickel enthalten ist.
Midlothian zeigte durchweg höhere Gehalte und wies 0,32% Nickel über 49 Meter innerhalb eines 441,5 Meter langen Bohrlochs mit 0,29% Nickel auf. Das Reid-Projekt setzte seine Infill- und Erweiterungsbohrungen mit bemerkenswerten Ergebnissen fort, darunter 0,48% Nickel über 12,0 Meter und 0,41% Nickel über 37,5 Meter innerhalb einer Kernlänge von 722,7 Metern.
Das Unternehmen plant, bis Mitte 2025 sechs weitere Ressourcen zu veröffentlichen, wodurch die Gesamtzahl auf acht regionale Ressourcen im Timmins Nickel District steigt. Jedes dieser Ziele hat eine größere Fläche als das Flaggschiff-Projekt Crawford Nickel Sulphide, wobei Reid 3,9 Quadratkilometer, Midlothian 1,7 Quadratkilometer und Mann West 3,4 Quadratkilometer abdeckt.
- Highest-grade nickel interval to date achieved at Mann West property
- Consistently higher grades discovered across Midlothian property
- All three properties show larger footprints than flagship Crawford project
- Strong drilling results across all three major properties
- Six additional resources to be published by mid-2025
- None.
Highlights
- The Three Giants - Reid, Mann West, and Midlothian continue to deliver strong results
- Mann West: Highest grade interval to date with
0.63% nickel over 4.5 metres within 18 metres of0.40% nickel within an entire mineralized core length of 452 metres of0.27% nickel, in hole MAN24-79 - Midlothian: Consistently higher grades across entire core lengths.
0.32% nickel over 49 metres, within an entire hole length of 441.5 metres at0.29% nickel in hole MID24-13. - Reid – infill and extension drilling continues in line with expectations including targeted higher-grade nickel intersected in two new holes:
0.48% nickel over 12.0 metres and0.41% nickel over 37.5 metres within 73.5 metres of0.34% in REI24-52, all within an entire core length of 722.7 metres at0.24% nickel0.47% nickel over 9.4 metres within 171.5 metres averaging0.27% nickel in REI24-51
- Mann West: Highest grade interval to date with
CEO Mark Selby said, "Our regional exploration program is consistently yielding excellent outcomes with each of the Three Giants delivering strong drilling results. These targets each have a target footprint larger than our flagship Crawford Nickel Sulphide Project, underscoring the large-scale potential of the Timmins Nickel District. We are excited to publish the remaining six resources by mid-2025, bringing the total to eight regional resources and showcasing the vast scale of nickel resources within the District."
Reid Project
Canada Nickel recently published its initial mineral resource for Reid (see news release dated December 23, 2024).
Following the initial resource estimate, the company continued with an infill drilling campaign in order to upgrade resources to Measured, Indicated, and Inferred categories. Assays from nine additional holes are presented in this release (Table 1, Figure 1).
Drilling continues this winter at Reid where there are now 18 new completed holes with assays pending. These holes continued to intersect long mineralized intervals comprised mainly of dunite and minor peridotite. REI24-52 was drilled near the center of the core anomaly where it intersected targeted higher grade nickel mineralization, confirming the continuity on strike of at least one higher grade horizon that is oriented west-northwest to east-southeast.
The Reid project is located just 16 kilometres southwest of Crawford and contains a geophysical target of 3.9 square kilometres which is nearly 2.4 times larger than Crawford.
Table 1 – Reid drilling highlights.
Hole ID | From | To (m) | Length | Ni % | Co % | Pd g/t | Pt g/t | Cr % | Fe % | S % |
Main Area | ||||||||||
REI24-51 | 57.0 | 228.5 | 171.5 | 0.27 | 0.012 | 0.018 | 0.013 | 0.67 | 5.91 | 0.08 |
including | 83.0 | 102.0 | 19.0 | 0.36 | 0.013 | 0.049 | 0.020 | 0.62 | 6.18 | 0.11 |
including | 87.0 | 96.4 | 9.4 | 0.47 | 0.015 | 0.045 | 0.016 | 0.68 | 5.88 | 0.14 |
and | 242.3 | 414.0 | 171.7 | 0.25 | 0.011 | 0.003 | 0.005 | 0.80 | 5.29 | 0.04 |
REI24-52 | 36.3 | 759.0 | 722.7 | 0.24 | 0.013 | 0.012 | 0.007 | 0.64 | 6.03 | 0.05 |
including | 309.0 | 321.0 | 12.0 | 0.48 | 0.019 | 0.058 | 0.032 | 0.60 | 6.68 | 0.12 |
and | 415.5 | 489.0 | 73.5 | 0.34 | 0.013 | 0.022 | 0.013 | 0.57 | 6.02 | 0.10 |
Including | 415.5 | 453.0 | 37.5 | 0.41 | 0.014 | 0.028 | 0.015 | 0.61 | 6.10 | 0.10 |
REI24-53 | 51.0 | 127.3 | 76.3 | 0.24 | 0.011 | 0.005 | 0.006 | 0.78 | 5.54 | 0.06 |
and | 141.9 | 307.9 | 166.0 | 0.26 | 0.012 | 0.007 | 0.006 | 0.82 | 5.73 | 0.09 |
REI24-54 | 30.5 | 118.7 | 88.2 | 0.19 | 0.013 | 0.003 | 0.003 | 0.55 | 6.62 | 0.02 |
and | 136.0 | 160.6 | 24.6 | 0.17 | 0.012 | 0.004 | 0.010 | 0.59 | 7.41 | 0.06 |
and | 308.5 | 313.0 | 4.5 | 0.06 | 0.013 | 0.708 | 0.827 | 0.50 | 7.53 | 0.02 |
REI24-55 | 45.0 | 301.1 | 256.1 | 0.20 | 0.013 | 0.005 | 0.005 | 0.53 | 7.00 | 0.03 |
and | 315.1 | 561.0 | 245.9 | 0.22 | 0.012 | 0.005 | 0.006 | 0.67 | 6.55 | 0.04 |
REI24-56 | 70.1 | 621.0 | 550.9 | 0.23 | 0.013 | 0.003 | 0.003 | 0.64 | 5.94 | 0.05 |
REI24-58 | 57.0 | 531.0 | 474.0 | 0.25 | 0.012 | 0.004 | 0.004 | 0.81 | 5.61 | 0.04 |
including | 160.5 | 174.0 | 13.5 | 0.30 | 0.013 | 0.003 | 0.005 | 0.68 | 5.77 | 0.07 |
Central Dyke Corridor | ||||||||||
REI24-49 | 40.0 | 189.2 | 149.2 | 0.28 | 0.012 | 0.006 | 0.006 | 0.76 | 5.55 | 0.05 |
including | 40.0 | 61.5 | 21.5 | 0.36 | 0.012 | 0.023 | 0.009 | 0.70 | 5.82 | 0.09 |
and | 226.5 | 280.5 | 54.0 | 0.26 | 0.012 | 0.003 | 0.005 | 0.73 | 5.51 | 0.08 |
and | 363.3 | 440.7 | 77.4 | 0.26 | 0.012 | 0.016 | 0.011 | 0.59 | 5.64 | 0.06 |
REI24-57 | 30.8 | 357.0 | 326.2 | 0.18 | 0.013 | 0.004 | 0.005 | 0.53 | 7.08 | 0.04 |
*True width undetermined. All lengths are drillhole lengths. |
Midlothian Property
The Midlothian property is located 70 kilometres south-southeast of
Table 2 – Midlothian drilling highlights.
Hole ID | From | To (m) | Length | Ni % | Co % | Pd g/t | Pt g/t | Cr % | Fe % | S % |
MID24-13 | 112.5 | 554.0 | 441.5 | 0.29 | 0.010 | 0.003 | 0.005 | 0.16 | 4.54 | 0.04 |
Including | 190.0 | 199.0 | 9.0 | 0.36 | 0.011 | 0.003 | 0.005 | 0.14 | 4.62 | 0.01 |
and | 505.0 | 554 | 49.0 | 0.32 | 0.009 | 0.003 | 0.005 | 0.10 | 3.56 | 0.06 |
MID24-14 | 9.0 | 474.3 | 465.3 | 0.27 | 0.012 | 0.003 | 0.004 | 0.26 | 5.49 | 0.02 |
*True width undetermined. All lengths are drillhole lengths. |
Mann Property
The Mann property is located 22 kilometres east of Crawford between
Mann West
Mann West is approximately 3.5 kilometres long by up to 1.1 kilometres wide (covering 3.4 square kilometres). The drill program completed focused on the southern half of the target with drilling completed over a strike length of 1.7 kilometres and a width of at least 600 metres. All drillholes intersected long sections of well-serpentinized peridotite and minor dunite with disseminated and visible nickel sulphide mineralization consisting primarily of pentlandite and heazlewoodite. The Company has drilled a total of 40 holes to date at Mann West (Figure 2), with 31 holes drilled during the 2024 program. The company is currently working on an initial resource estimate expected by April 2025. Assays from three holes are presented in this release and a final two holes are awaiting assays.
Table 3 – Mann West drilling highlights.
Hole ID | From | To (m) | Length | Ni % | Co % | Pd g/t | Pt g/t | Cr % | Fe % | S % |
MAN24-79 | 48.7 | 501.0 | 452.3 | 0.27 | 0.012 | 0.025 | 0.013 | 0.25 | 6.28 | 0.10 |
Including | 192.0 | 210.0 | 18.0 | 0.40 | 0.012 | 0.124 | 0.042 | 0.15 | 6.16 | 0.09 |
Including | 205.5 | 210.0 | 4.5 | 0.63 | 0.011 | 0.434 | 0.138 | 0.15 | 5.82 | 0.13 |
and | 358.5 | 412.5 | 54.0 | 0.34 | 0.013 | 0.037 | 0.017 | 0.15 | 6.11 | 0.15 |
MAN24-80 | 6.0 | 337.5 | 331.5 | 0.24 | 0.012 | 0.016 | 0.012 | 0.35 | 6.42 | 0.15 |
Including | 43.5 | 54.0 | 10.5 | 0.41 | 0.011 | 0.092 | 0.041 | 0.15 | 5.31 | 0.11 |
and | 118.5 | 157.5 | 39.0 | 0.29 | 0.014 | 0.019 | 0.006 | 0.57 | 6.32 | 0.12 |
MAN24-98 | 94.5 | 211.8 | 117.3 | 0.24 | 0.012 | 0.016 | 0.009 | 0.31 | 6.22 | 0.07 |
and | 218.4 | 501.0 | 282.6 | 0.23 | 0.013 | 0.021 | 0.011 | 0.37 | 6.78 | 0.09 |
*True width undetermined. All lengths are drillhole lengths. |
Mann South
This target is approximately 5.9 kilometres long by up to 1.2 kilometres wide, having an arcuate and irregular shape, with an overall area of 4.1 square kilometres. The company drilled 20 holes in 2024 and successfully intersected varying degrees of serpentinized peridotite and minor pyroxenite. Peridotite shows anomalous values of PGE in hole MAN24-96. Assays from three holes are presented in this release.
Table 4 – Mann South drilling highlights.
Hole ID | From | To | Length | Ni % | Co % | Pd g/t | Pt g/t | Cr % | Fe % | S % |
MAN24-88 | 61.4 | 496.5 | 435.1 | 0.23 | 0.011 | 0.003 | 0.005 | 0.48 | 5.70 | 0.05 |
MAN24-95 | 33.0 | 402.0 | 369.0 | 0.18 | 0.013 | 0.005 | 0.005 | 0.46 | 7.17 | 0.05 |
MAN24-96 | 32.1 | 402.0 | 369.9 | 0.17 | 0.013 | 0.052 | 0.065 | 0.38 | 7.06 | 0.01 |
including | 38.0 | 65.0 | 27.0 | 0.18 | 0.016 | 0.360 | 0.046 | 0.08 | 8.09 | 0.02 |
and | 92.5 | 154.5 | 62.0 | 0.08 | 0.014 | 0.109 | 0.347 | 0.33 | 7.58 | 0.01 |
*True width undetermined. All lengths are drillhole lengths. |
Table 5: Drillhole Orientation
Hole ID | Easting (mE) | Northing (mN) | Azimuth (⁰) | Dip (⁰) | Length (m) |
MANN WEST | |||||
MAN24-79 | 496793.5 | 5412392 | 215 | -50 | 501 |
MAN24-80 | 496749.9 | 5411989 | 215 | -50 | 474 |
MAN24-98 | 495901.7 | 5412589 | 220 | -50 | 501 |
MANN SOUTH | |||||
MAN24-88 | 503622 | 5408792 | 50 | -50 | 501 |
MAN24-95 | 502507 | 5405555 | 55 | -50 | 402 |
MAN24-96 | 502253 | 5405841 | 35 | -50 | 402 |
REID | |||||
REI24-49 | 456964.1 | 5404097 | 130 | -50 | 483 |
REI24-51 | 457900 | 5404100 | 90 | -60 | 447 |
REI24-52 | 457349.4 | 5404196 | 180 | -55 | 759 |
REI24-53 | 457930.1 | 5404253 | 90 | -60 | 372 |
REI24-54 | 456960 | 5403900 | 180 | -55 | 501 |
REI24-55 | 457754.4 | 5404635 | 90 | -60 | 561 |
REI24-56 | 457327.8 | 5404025 | 180 | -60 | 621 |
REI24-57 | 456960.9 | 5403900 | 130 | -55 | 537 |
REI24-58 | 457929.4 | 5404172 | 270 | -60 | 531 |
MIDLOTHIAN | |||||
MID24-13 | 500117 | 5303240 | 180 | -50 | 554 |
MID24-14 | 498707 | 5303083 | 180 | -52 | 537 |
Statement Regarding TSX Venture
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.
Quality Assurance and Control, Drilling and Assaying
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. 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 such term 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 Company Inc.
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 NickelTM, NetZero CobaltTM, NetZero IronTM 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
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, drill and exploration results relating to the target properties described herein (the "Properties"), 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 and the Properties, timing and completion (if at all) of mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development plans and results, corporate and technical objectives, receipt of TSX Venture Exchange approval for the acquisition described herein and the completion of the transaction. 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.
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SOURCE Canada Nickel Company Inc.
FAQ
What are the latest drilling results from Canada Nickel's (CNIKF) Mann West property?
How many regional resources does Canada Nickel (CNIKF) plan to publish by mid-2025?
What are the dimensions of Canada Nickel's (CNIKF) Reid project compared to Crawford?
What are the latest drilling results from Canada Nickel's (CNIKF) Midlothian property?
When is Canada Nickel (CNIKF) expected to release the initial resource estimate for Mann West?
