Canada Nickel Provides Update on Crawford Project Optimization and Commencement of Pilot Plant Operation
Canada Nickel Company (TSXV:CNC) (OTCQX:CNIKF) has announced positive results from metallurgical testing on the Crawford East Zone. A locked cycle test produced a 60% nickel sulphide concentrate, believed to be the world's highest grade, with a total nickel recovery of 47%, exceeding the feasibility study model by 9%. Ten new open circuit variability tests demonstrated nickel recoveries averaging 28% higher than the feasibility study model.
The company has also initiated a pilot plant program at SGS Lakefield, which is four times larger than the previous plant used in 2022. This plant will focus on generating substantial quantities of nickel and NiCr magnetite concentrate for the NetZero Metals downstream business. The pilot plant is expected to operate until September.
La Canada Nickel Company (TSXV:CNC) (OTCQX:CNIKF) ha annunciato risultati positivi dai test metallurgici effettuati sulla Zona Crawford Est. Un test a ciclo chiuso ha prodotto un concentrato di solfuro di nichel del 60%, ritenuto il grado più alto al mondo, con un recupero totale di nichel del 47%, superando il modello di studio di fattibilità del 9%. Dieci nuovi test di variabilità in circuito aperto hanno dimostrato recuperi di nichel mediamente superiori del 28% rispetto al modello di studio di fattibilità.
L'azienda ha anche avviato un programma di impianto pilota presso SGS Lakefield, che è quattro volte più grande dell'impianto precedente utilizzato nel 2022. Questo impianto si concentrerà sulla generazione di quantità significative di concentrato di nichel e magnetite NiCr per l'attività downstream di NetZero Metals. Si prevede che l'impianto pilota operi fino a settembre.
La Canada Nickel Company (TSXV:CNC) (OTCQX:CNIKF) ha anunciado resultados positivos de las pruebas metalúrgicas realizadas en la Zona Crawford Este. Una prueba de ciclo cerrado produjo un concentrado de sulfuro de níquel del 60%, considerado el más alto grado del mundo, con un recupero total de níquel del 47%, superando el modelo de estudio de viabilidad en un 9%. Diez nuevas pruebas de variabilidad en circuito abierto demostraron recuperos de níquel en promedio un 28% más altos que el modelo de estudio de viabilidad.
La empresa también ha iniciado un programa de planta piloto en SGS Lakefield, que es cuatro veces más grande que la planta anterior utilizada en 2022. Esta planta se enfocará en generar cantidades sustanciales de concentrado de níquel y magnetita NiCr para el negocio downstream de NetZero Metals. Se espera que la planta piloto opere hasta septiembre.
캐나다 니켈 컴퍼니 (TSXV:CNC) (OTCQX:CNIKF)는 크로포드 동부 지역의 메탈루기컬 테스트에서 긍정적인 결과를 발표했습니다. 잠금 사이클 테스트에서 60% 니켈 황화물 농축물이 생산되었으며, 이는 세계에서 가장 높은 품질로 여겨지며, 총 니켈 회수율이 47%로 나타나며, 타당성 조사 모델을 9% 초과했습니다. 10개의 새로운 오픈 사이클 변동성 테스트에서는 평균 28% 더 높은 니켈 회수율을 보여주었습니다.
회사는 SGS 레이크필드에서 파일럿 플랜트 프로그램을 시작했습니다. 이는 2022년 사용된 이전 플랜트보다 4배 큰 규모입니다. 이 플랜트는 NetZero Metals의 다운스트림 비즈니스를 위해 상당량의 니켈 및 NiCr 자철 농축물을 생산하는 데 중점을 둘 것입니다. 파일럿 플랜트는 9월까지 운영될 예정입니다.
La Canada Nickel Company (TSXV:CNC) (OTCQX:CNIKF) a annoncé des résultats positifs des tests métallurgiques réalisés dans la Zone Est de Crawford. Un test à cycle fermé a produit un concentré de sulfure de nickel de 60%, considéré comme le plus élevé au monde, avec un taux de récupération du nickel total de 47%, dépassant le modèle d'étude de faisabilité de 9%. Dix nouveaux tests de variabilité en circuit ouvert ont montré des récupérations de nickel en moyenne 28% plus élevées que le modèle d'étude de faisabilité.
L'entreprise a également lancé un programme d'usine pilote chez SGS Lakefield, qui est quatre fois plus grand que l'usine précédente utilisée en 2022. Cette usine se concentrera sur la production de quantités substantielles de concentré de nickel et de magnétite NiCr pour l'activité en aval de NetZero Metals. L'usine pilote devrait fonctionner jusqu'en septembre.
Die Canada Nickel Company (TSXV:CNC) (OTCQX:CNIKF) hat positive Ergebnisse aus metallurgischen Tests in der Crawford East Zone bekannt gegeben. Ein geschlossenes Zyklustestverfahren produzierte einen 60%-Nickelsulfidkonzentrat, das als das höchste weltweit gilt, mit einem gesamten Nickelrückgewinn von 47%, was das Modell der Machbarkeitsstudie um 9% übersteigt. Zehn neue offene Variabilitätstests zeigten Nickelrückgewinnungen, die im Durchschnitt 28% höher waren als das Modell der Machbarkeitsstudie.
Das Unternehmen hat auch ein Pilotanlagenprogramm bei SGS Lakefield gestartet, welches viermal größer ist als die vorherige Anlage, die 2022 verwendet wurde. Diese Anlage wird sich darauf konzentrieren, erhebliche Mengen an Nickel- und NiCr-Magnetitkonzentrat für die nachgelagerte Geschäftstätigkeit von NetZero Metals zu erzeugen. Die Pilotanlage soll bis September in Betrieb sein.
- Locked cycle test produced a 60% nickel sulphide concentrate, exceeding feasibility study model by 9%
- Open circuit variability tests showed nickel recoveries averaging 28% higher than feasibility study model
- Pilot plant program initiated at SGS Lakefield, four times larger than previous plant
- Potential for improvements in East Zone nickel recovery equations identified
- None.
Highlights
- Testwork demonstrates opportunity for improvements in recovery from the Crawford East Zone
- Locked cycle test delivered a
60% nickel sulphide concentrate – believed to be world's highest nickel grade sulphide concentrate produced – and a total nickel recovery of47% exceeding the feasibility study model by9% - Ten new open circuit variability tests demonstrated nickel recoveries averaging
28% higher than the feasibility study model
- Locked cycle test delivered a
- Pilot plant program initiated at SGS Lakefield
Mark Selby, Canada Nickel CEO, said, "We believe there remains significant optimization potential at Crawford, which is supported with today's metallurgical results on the East Zone that produced a high grade concentrate from a blended East Zone sample and 10 further metallurgical tests from the existing starter pit area that averaged
Mr.
Crawford Nickel Sulphide Project East Zone Metallurgical Variability Program
A metallurgical variability program was initiated at the start of 2024 in order to increase confidence in the recovery and concentrate quality estimates and evaluate optimization opportunities for the East Zone. To date, 10 open circuit tests and one locked cycle test have been completed on samples from the East Zone which are indicating potential for improvements in the East Zone nickel recovery equations.
Table 1 summarizes the results from the locked cycle test which was completed on a composite of samples taken from the Feasibility Study, East Zone starter pit. The composite had a head grade of
Table 1. Crawford Nickel Sulphide Project East Zone Locked Cycle Test Result
Head Grades (%) | Recovery (%) | Concentrate Grades (%) | ||||||||||
Ni Conc. | NiCr Conc. | |||||||||||
Ni | S | Fe | Ni | Co | Fe | Cr | Ni | Co | Fe | Cr | Ni | |
Actual | 0.29 | 0.04 | 5.1 | 47 | 1 | 57 | 31 | 60 | 0.10 | 55 | 4.2 | 0.62 |
Modelled | - | - | - | 43 | 4 | 58 | 28 | 40 | 0.23 | 55 | 3.7 | 0.72 |
Difference | - | - | - | +4 | -3 | -1 | +3 | +20 | -0.13 | 0 | +0.5 | -0.10 |
In addition to this locked cycle test result, 10 open circuit variability tests on samples from the East Zone were successfully completed. Of the initial 10 new samples that have been tested in 2024, eight of the samples exceeded the modelled total nickel recovery. The average difference between achieved and modelled recoveries for the 10 samples was
Table 2. Crawford Nickel Sulphide Project - Summary of New Open Circuit Test Results for East Zone Starter Pit
Head Grades (%) | Total Recoveries (%) | Recovery Performance (%) Actual - Modelled | ||||||||||
Sample ID | Ni | S | Fe | Ni | Co | Fe | Cr | Ni | Co | Fe | Cr | |
CNS-001 | 0.17 | 0.03 | 6.9 | 55 | 1.5 | 60 | 14 | 17 | -3 | -3 | -19 | |
CNS-002 | 0.27 | 0.04 | 5.6 | 54 | 4.9 | 52 | 34 | 10 | 1 | -4 | 5 | |
CNS-003 | 0.26 | 0.01 | 5.3 | 23 | 0.5 | 44 | 28 | -4.6 | -4 | -12 | -1 | |
CNS-005 | 0.27 | 0.09 | 5.7 | 71 | 5.2 | 49 | 28 | 14 | -5 | -3 | 0 | |
CNS-006 | 0.30 | 0.05 | 5.5 | 67 | 4.7 | 61 | 35 | 17 | 1 | 6 | 6 | |
CNS-007 | 0.28 | 0.04 | 5.5 | 43 | 0.7 | 59 | 32 | -0.3 | -3 | 4 | 4 | |
CNS-008 | 0.18 | 0.01 | 7.5 | 36 | 1.1 | 55 | 31 | 7.9 | -3 | -8 | 0 | |
CNS-009 | 0.27 | 0.01 | 5.2 | 33 | 2.0 | 47 | 29 | 5.0 | -2 | -16 | -2 | |
CNS-010 | 0.20 | 0.02 | 7.7 | 42 | 0.7 | 63 | 37 | 10 | -3 | 3 | 8 | |
CNS-011 | 0.16 | 0.03 | 7.4 | 60 | 1.5 | 61 | 20 | 23 | -3 | -1 | -13 | |
Average | 0.23 | 0.03 | 6.2 | 48 | 2.3 | 55 | 29 | 10 | -2 | -3 | -1 | |
Pilot Plant Program
Canada Nickel is completing a 130 tonne mineral processing pilot plant program at SGS Lakefield. The program will see the full process flowsheet piloted and is being completed to generate samples of concentrate for NetZero Metals and provide additional data to support the engineering of the project. Updates will be provided as the project progresses.
Qualified Person and Data Verification
Arthur G. Stokreef, P.Eng (ON), Manager of Process Engineering & Geometallurgy and a "qualified person" as such term is defined by National Instrument 43-101, has reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc.
About Canada Nickel
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, the results of metallurgical testing on Crawford East Zone relating to the Crawford Nickel Sulphide Project, the potential of the mineral processing pilot plant program at SGS Lakefield, the potential of the Crawford Nickel Sulphide Project, 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, and corporate and technical objectives. 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.
Neither the 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
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SOURCE Canada Nickel Company Inc.
FAQ
What was the nickel recovery percentage in Canada Nickel's recent locked cycle test for CNIKF?
How much higher were the nickel recoveries in Canada Nickel's new open circuit tests for CNIKF?
When is Canada Nickel's new pilot plant at SGS Lakefield expected to operate until for CNIKF?
What is the size of Canada Nickel's new pilot plant compared to the previous one for CNIKF?
