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Canada Nickel determined to define top tier orebody near Timmins

Sep 25, 2020

One of Canada's upstart junior explorers is trying to turn a gold town into a nickel centre. 

Canada Nickel Company has announced additional results from infill drilling on the Main Zone at its Crawford Nickel-Cobalt Sulphide project near Timmins which has been a world-class gold mining camp for more than 110 years.

“We are encouraged by these ongoing excellent results from our infill drilling program.  These most recent results continue to expand and better define the higher-grade mineralization in the western end of the Main Zone which remains open to the west – the westernmost hole yielded a core length of 188 m of 0.34% nickel.  In addition, new drill results delivered another strong intersection from the PGM Zone,” said Mark Selby, Chair and CEO of Canada Nickel.

“We anticipate receiving assays from the final three infill holes from the eastern end of the Main Zone within the next week and expect to deliver the updated resource during the first half of October. We also expect assays from the three follow-up holes on the previously reported PGM results from hole CR20-32 (which yielded three separate intersections including 2.6 g/t PGM over 7.5 metres) during the next few weeks. Additionally, we are expecting a steady series of assay results from drilling now underway on prospective geophysical nickel targets on the several kilometres of the Crawford structure.  Canada Nickel looks forward to continue delivering regular and notable updates through the balance of 2020 and we remain on track to deliver a Preliminary Economic Assessment by year-end.”

The Crawford Nickel-Cobalt Sulphide Project is located in the heart of the prolific Timmins-Cochrane mining camp in Ontario, Canada, and is adjacent to well-established, major infrastructure associated with over 100 years of regional mining activity.

Main Zone Infill Results

Infill drilling on the Main Zone continued to focus on more clearly defining and upgrading the Higher-Grade Core resource, which was previously defined as part of the resource estimate and dips steeply within the ultramafic unit and having a previously reported true thickness that varies from 40 m to 160 m.  Assays from the remaining six in-fill holes will be released over the next several weeks. 

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