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The >0.30% Ni grade shell contains an estimated 96 Mt with a mean grade of 0.34% Ni and the >0.35% Ni grade shell contains an estimated 21 Mt with a mean grade of 0.38% Ni. A Technical Report in support of the Mineral Resource Estimate will be filed on SEDAR (www.sedar.com) within 45 days. William E. MacRae, MSc, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the on-going drilling and sampling program, including quality assurance (QA) and quality control (QC). Noble Mineral Exploration Inc. [NOB-TSXV; NLPXF-OTC; NB7-FSE] said Tuesday October 1 that it plans to create the Canada Nickel Company, an entity that will own a consolidated 100% interest in the Crawford nickel-cobalt sulphide project located in the Timmins-Cochrane area of northern Ontario. *n-v These holes were drilled at a steep angle of -82 deg. Since that material will likely be in great demand by EV battery manufacturers, which itself could force nickel prices even higher, the company could generate strong cash flows when commercial production begins at its Crawford and MacDiarmid properties. The company holds an interest in the Crawford Nickel Cobalt Sulphide Project. Apart from Giga Metals, fellow Canadian mining firm Canada Nickel Co. has also reached out to offer its services to Tesla. This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. These Mineral Resources are not Mineral Reserves as they do not have demonstrated economic viability. When typing in this field, a list of search results will appear and be automatically updated as you type. Table 2 – Ranking of Largest Resource Nickel Projects worldwide. Grade estimation was validated by comparison of input and output statistics (nearest neighbour and inverse distance cubed), swath plot analysis, and by manual inspection of the assay data, block model, and grade shells in cross-sections. Cautionary Statement Concerning Forward-Looking Statements. Example cross-section and block model views of the resource estimate are provided in Figure 1a and Figure 1b below. Canada Nickel Company Inc. (TSX.V: CNC) – is focused on advancing the next generation of high quality nickel-cobalt sulphide and PGM projects to deliver the metals needed to power the electric vehicle revolution and feed the high growth stainless steel market. Royal Nickel Corporation – $0.59 Metals and Mining. The host ultramafic body is approximately 1.8 km in strike length by 290-565 m wide by 650 m deep. The mineralization remains open along strike to the northwest, both north and south, and at depth based on 3D magnetic inversion and deeper drilling to date. The nearly one kilometre deep 3D magnetic inversion anomaly is only partially tested at depth (see Figure 1a above). As a result, any significant appreciation in Canada Nickel’s share price would likely positively affect Spruce Ridge’s shares as well. It contains an estimated 2.9 million tonnes of nickel, including measured, indicated and inferred resources. CIM Definition Standards for Mineral Resources and Reserves (May 10, 2014) have been followed. Mineralogical studies as part of the first phase of metallurgical testwork will continue through the second quarter 2020. On February 25, Tesla’s CEO, Elon Musk, reiterated his concerns about whether Tesla can procure enough nickel to satisfy the expected explosive demand for the silvery-white metal in electric vehicle (EV) batteries. Canada Nickel Co Inc is engaged in acquiring and exploring nickel-cobalt sulphide assets. 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. Canada Nickel Co., Inc. is an exploration & development company. Canada Nickel Company Inc. has created a wholly-owned subsidiary, NetZero Metals, to begin the research and development of a processing facility that would be located in the Timmins, Ontario region with the goal of utilizing existing technologies to … Geological and block models for the Mineral Resource Estimate used data from 24 surface drill holes completed by Spruce Ridge Resources (4 holes in 2018) and Noble Mineral Exploration and Canada Nickel Company (20 holes in 2019-2020). Estimates in Table 1 have been rounded to two significant figures. The Mineral Resource Estimate is effective as of February 27, 2020. The block model was prepared using Micromine 2020. Forward looking information includes, but is not limited to, mineral resource estimates relating to the Crawford Nickel-Cobalt Sulphide Project, the potential of the Crawford Nickel-Cobalt Sulphide Project, strategic plans, including future exploration and development results, and corporate and technical objectives. Always do additional research and consult a professional before purchasing a security. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. All drill holes intersected multi-hundred metre mineralization with multiple intersection of 19 to 92 metres in excess of 0.40% nickel and 0.014% cobalt.  Hole CR19-14A intersected 901 metres of mineralization with 0.31% nickel and extended mineralization to a depth of 850 metres (well below the current modelled resource bottom of 650 metres vertical). Certified standards and blanks are inserted at a rate of one QA/QC sample per 32 core samples making a batch of 35 samples that are submitted for analysis. Forward-looking information is necessarily based upon a number of 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. It will probably be required to sell equity in fiscal 2021 to fund exploration and drilling programs at the Crawford and MacDiarmid properties. Based on metrics utilized by Wood Mackenzie and SNL, the Crawford Nickel-Cobalt Sulphide Project already ranks as one of the largest 12 nickel sulphide resources globally according to WoodMac (Table 2). The quantity and grade of reported Inferred Resources in this Mineral Resource Estimate are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as Indicated or Measured, however it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. Canada Nickel Company and Spruce Ridge Resources are trading at $3.32 and $0.175, respectively, on the TSX Venture Exchange. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions in a geopolitically stable jurisdiction Canada Nickel is … Significant potential to expand resources as drilling has only tested <20% of the overall Crawford structure and maiden resource remains open in multiple directions. Table 1 – Maiden Mineral Resource Estimate for the Crawford Nickel-Cobalt Sulphide Project, Ontario. Get the latest stock price for Canada Nickel Company Inc. (CNC), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Individual wireframes were created for each domain. Analysis for precious metals (gold, platinum and palladium) are completed by Fire Assay while analysis for nickel, cobalt, sulphur and 17 other elements are performed using a peroxide fusion and ICP-OES analysis. The announcement comes on the same day that Spruce Ridge Resources Ltd. [SHL-TSXV] said it has … Canada Nickel’s properties contain substantial quantities of high-grade nickel resources. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. Blocks within the high-grade and low-grade portions of the resource model were assigned a single bulk density value of 2.65 g/cm3 (t/m3). The length of intersection represents the depth extent of the mineralization. Toronto, Ontario-- (Newsfile Corp. - March 1, 2021) - Canada Nickel Company (TSXV: CNC) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Pre-PDAC Mining Showcase. Other Projects are exploration / development / earlier stage, (1) Measured & Indicated resource only.  All other comparators are based on total resources (measured, indicated, and inferred), TABLE 3 – 2019 Crawford Nickel-Cobalt Project Drilling Results. Information for this briefing was found via Sedar and the companies mentioned. As the company continues to develop its properties, that deficit will likely expand further. It is engaged in the exploration and development of nickel sulphide assets to deliver future supply for … Just days after the electric … A cut-off grade of 0.15% Ni was used for the low-grade domain and 0.25% Ni for the high-grade domain of the Mineral Resource Estimate, both determined on the basis of core assay geostatistics for the deposit and by comparison to analogous deposit types. TABLE 3 – 2019 Crawford Nickel-Cobalt Project Drilling Results (continued), Assays, Quality Assurance/Quality Control and Drilling and Assay Procedures. Providing stock analysis for investors of the Canadian junior markets. The drilling program launched in Q4-2019 will continue in 2020, with the objective of 1) testing nearby targets for possible extensions and new areas of mineralization; and 2) testing the extension and the continuity of the mineralization. TORONTO, Feb. 28, 2020 /PRNewswire/ - 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. 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