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Infill drilling further strengthens Canada Nickel's numbers at Crawford nickel-cobalt project

Aug 7, 2020

The positive news continues mounting for Canada Nickel as it pushes toward a potential new mining operation in north Timmins.  Canada Nickel Company has announced additional encouraging results from infill drilling on the Main Zone at its Crawford Nickel-Cobalt Sulphide project.

"Our infill drilling program continues to deliver outstanding results," said Mark Selby, Chair and CEO of Canada Nickel. "Most importantly, the higher grade resource shell has been significantly extended westward and establishes a second higher grade resource shell area in the western end of mineralization. The other three infill holes extended and will help to better define the higher grade resource shells which will be the initial focus of the mine plan in the Preliminary Economic Assessment currently underway and expected to be completed by year-end." 

"Drier weather will allow us to resume drilling this coming Monday. Once infill drilling is completed, we will also follow up on the previously reported excellent PGM results from hole CR20-32 (three separate intersections including 2.6 g/t PGM over 7.5 metres) and several other prospective geophysical nickel targets on the several kilometres of the Crawford structure which remain untested."

The Crawford Nickel-Cobalt Sulphide Project is located in the heart of the prolific Timmins mining camp 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 true thickness that varies from 40 m to 160 m.

All four infill holes contained in this release intersected thick intersections of nickel mineralization, and continue to extend and better define the higher grade resource shells. Assays from the remaining 12 in-fill holes will be released over the next several weeks. See Table 1 and Figure 1 for results.

Highlights of the drilling include:

  • Infill hole CR20-56 will extend the strike length of the Main Zone by 375 metres and is expected to extend the 0.3% higher grade shell by 168 metres. Mineralization remains open along strike to the west. 0.35% grade shell is expected to be created in western portion of mineralization as hole returned 0.42% nickel over core length of 31 metres from 186 metres, within 0.34% nickel over core length of 148 metres from 114 metres
  • Infill hole CR20-46 intersected thick intersections of nickel mineralization with 0.31% nickel across entire core length of 363 metres within the steeply dipping higher-grade core which varies in true thickness from 40 to 160 m
  • Infill hole CR20-44 returned 0.41% nickel over core length of 52 metres from 350 metres, within 0.33% nickel over core length of 118 metres from 283 metres which further expand width of higher grade shells on this section

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