Welcome to our dedicated page for NORTHX NICKEL news (Ticker: NXNIF), a resource for investors and traders seeking the latest updates and insights on NORTHX NICKEL stock.
NorthX Nickel Corp (NXNIF) is a Canadian company focused on Ni-Cu-Co-PGE exploration and development, with assets in Quebec and Ontario. The flagship Grasset Project, with an indicated mineral resource, and a portfolio of properties in Sudbury, Ontario, showcase the company's growth strategy. Committed to responsible development, NorthX aims to be a leading nickel sulphide developer in pro-mining jurisdictions.
NorthX Nickel has provided an update on its Grasset Nickel Project in Quebec, Canada. The 2023-2024 exploration program led to the discovery of the H1X Discovery Zone, with notable drilling results including up to 2.97% Ni over 0.44 meters. The property-wide airborne magneto-telluric survey identified several untested conductive zones. The company plans further drilling to extend the H1X Discovery Zone and test new targets.
The 2023 program included 11 drill holes, achieving significant finds like the H1X, which is open for expansion. The H1X Zone features higher nickel grades than the existing resources. Sonic drilling also found strong geochemical anomalies, reinforcing the potential for future discoveries.
NorthX plans detailed reverse-circulation drilling and ground surveys to explore these findings. They also highlighted the need for more exploration to capitalize on the conductive zones identified by the airborne survey.
NorthX Nickel Corp. (CSE: NIX) (OTCQB: NXNIF) (FSE: 6YR) announced the results of its Annual General and Special Meeting of Shareholders held on June 25, 2024. Shareholders voted in favor of all business matters, with 12,737,439 common shares (44.75% of outstanding shares) participated. The number of directors was fixed at five, with over 96% support for each re-elected director. Tom Meyer, Simon Marcotte, Brian Penny, Adree DeLazzer, and Christian Kargl-Simard were re-elected. BDO Canada LLP was reappointed as the auditor with 99.72% approval, and the Omnibus Equity Incentive Compensation Plan was approved with 97.07% support.
FAQ
What is the current stock price of NORTHX NICKEL (NXNIF)?
What is the market cap of NORTHX NICKEL (NXNIF)?
What is NorthX Nickel Corp (NXNIF) focused on?
Where are NorthX Nickel Corp's assets located?
What is NorthX Nickel Corp's flagship asset?
What type of resources does the Grasset Project have?
How many properties does NorthX Nickel Corp hold in Sudbury, Ontario?
What is NorthX Nickel Corp's growth strategy?
What is NorthX Nickel Corp's vision?
How can I contact NorthX Nickel Corp for more information?
Who are the directors of NorthX Nickel Corp?
Who is the auditor of NorthX Nickel Corp?
