Canada Nickel Files Technical Report for Deloro Project
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Canada Nickel Files Technical Report for Deloro Project
Canada Nickel Company Inc. (TSXV: CNC) (OTCQB: CNIKF) has successfully filed an independent technical report on SEDAR+ pertaining to the initial mineral resource estimate for its wholly owned Deloro Nickel Sulphide Project. This project, located near Timmins, is a critical part of the company's strategic growth in the nickel market.
Technical Report Overview
The report, prepared in accordance with National Instrument 43-101 (NI 43-101), confirms that there are no material differences from the previously disclosed results. This assurance comes in the wake of the Mineral Resource Estimate, which was effectively dated earlier in the year.
About the Deloro Nickel Sulphide Project
Mark Selby, CEO of Canada Nickel, expressed enthusiasm about the Deloro project, noting its favorable geographic location close to Timmins and the existing mining infrastructure, as well as its manageable overburden of only 6 meters on average. The company envisions Deloro as a starting point for its ongoing regional exploration, which aims to reveal additional resources in the coming years.
Company Highlights
Canada Nickel is focused on advancing its nickel-sulphide projects to cater to the growing demand from electric vehicle and stainless-steel markets. The company has aggressively pursued trademarks for NetZero NickelTM, NetZero CobaltTM, and NetZero IronTM, aspiring to produce net zero carbon products in these metals.
Strategic Vision and Future Plans
Alongside its flagship Crawford Nickel-Cobalt Sulphide Project, Canada Nickel's proactive stance positions it as a key player in the low-political-risk jurisdictions. The company is looking forward to providing comprehensive updates regarding their exploration initiatives soon, including further information about other prospective resources.
Qualified Person Statement
Stephen J. Balch P.Geo., the VP of Exploration at Canada Nickel, reviewed and approved the technical information disclosed in this release. His insights underline the company's commitment to adhering to the stringent standards of NI 43-101.
Contact Information
For further inquiries, Mark Selby, CEO at Canada Nickel, can be reached at Phone: 647-256-1954 or through email at [email protected].
Frequently Asked Questions
What is the Deloro Nickel Sulphide Project?
The Deloro Nickel Sulphide Project is a mining project owned entirely by Canada Nickel Company, aimed at establishing a mineral resource estimate for nickel production.
Who is responsible for the technical report filed?
The technical report was prepared by Caracle Creek International Consulting Inc., ensuring compliance with established mining standards.
What does NI 43-101 stand for?
NI 43-101 stands for National Instrument 43-101, which outlines standards of disclosure for mineral projects in Canada, ensuring clarity and reliability in mining reporting.
Why is Canada Nickel pursuing NetZero metals?
Canada Nickel is committed to sustainability and aims to produce nickel and cobalt with a net zero carbon footprint to meet the demands of environmentally conscious markets.
How can investors learn more about Canada Nickel?
Investors can find additional information about Canada Nickel and its projects by visiting the company's official website or reviewing their filings on SEDAR+.
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