Hear from Chair & CEO, Mark Selby, on Canada Nickel’s IPT Carbonation process and why…
Tag: Canada Nickel Company Inc.
May 13, 2022 Canada Nickel Company Inc. (TSXV:CNC, BUY, C$4.45 target, Timothy Lee) announced that it had submitted the preliminary draft of the Initial Project
May 11, 2022 Canada Nickel Company Inc. (TSXV:CNC, BUY, C$4.45 target, Timothy Lee) reported drilling results from four regional targets at its 100%-owned Crawford Ni
Yesterday, Benchmark Mineral Intelligence (BMI) and Red Cloud hosted the Lithium-ion Battery Supply Chain Conference, which featured 13 presenting lithium and battery metal companies and four keynote speakers: Andy Miller and Daisy Jennings-Gray from Benchmark Intelligence, Sam Pigott from Ganfeng Lithium, and Iola Hughes from Rho Motion. The conference had close to 300 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the event.
The 2022 Canadian Budget was announced yesterday. It seems to get a passing grade from trade groups such as the Steel Producers Association and Mining Association of Canada.
Canada Nickel (CNC) has closed its previously announced, bought deal offering for total gross proceeds of C$51.4M. In addition, on April 4 the company announced assays from 33 drill holes from the recently completed drill program at its 100%-owned Crawford Ni sulphide project in Timmins, ON including the best high-grade interval to date. With this financing closed, the company emerges well-funded to complete its ongoing exploration and development work, while drilling results should help upgrade and expand the resource at Crawford, paving the way for completion of the feasibility study later this year.
Yesterday, Red Cloud hosted the first day of its three-day 2022 Very Pre-PDAC Mining Showcase, which featured 36 presenting uranium and battery metal companies including our keynote speakers Andrew Leyland, Head of Strategic Advisory at Benchmark Mineral Intelligence and Anna Bryndza, Executive Vice President at UxC, LLC and had over 1,000 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. If you would like to attend Day Two and Three of Red Cloud’s 2022 Very Pre-PDAC Mining Showcase, register here. Replays are available on the Red Cloud website.
We are seeing precious metals rise in the shadow of the Ukraine invasion. Gold is trading around US$1923.80/oz, down a couple percent on short term profit taking since reaching a high of US$1,975/oz overnight. Kitco News notes that the next resistance levels could be between US$2,022/oz and US$2,089/oz. Some such as Frank Holmes of US Global Investors is suggesting that 20% volatility in gold is a non-event, and that gold could go to US$2,800/oz. Other commodities are also moving.
February 16, 2022 Canada Nickel Company Inc. (TSXV:CNC, BUY, C$4.35 target, Timothy Lee) announced further metallurgical test results from its 100%-owned Crawford nickel sulphide project
Canada Nickel (CNC) announced drilling results from existing and newly acquired Ni properties near its 100%-owned flagship Crawford project in the Timmins area, Ontario. All holes confirmed the presence of ultramafic intrusions with potential nickel mineralization at each of the targets tested thus far, in line with the style and grade found at Crawford. Notably, significant near-surface dunite mineralization was encountered at the recently acquired Deloro property, validating the company’s decision to expand its portfolio of targets in the Timmins area. We believe these results demonstrate the upside potential of the company’s portfolio, offering long-term “blue sky” potential beyond Crawford, where a feasibility study is planned for completion this year.