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Figure 1 – Plan appearance of North Zone in affiliation to Main Zone and East Zone resources, Crawford Nickel-Cobalt Sulphide Project, Ontario. (CNW Group/Canada Nickel Company Inc.)

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Figure 1 – Plan appearance of North Zone in affiliation to Main Zone and East Zone resources, Crawford Nickel-Cobalt Sulphide Project, Ontario. (CNW Group/Canada Nickel Company Inc.)


TORONTO, Dec. 16, 2020 /PRNewswire/ – Canada Nickel Company Inc. (“Canada Nickel” or the “Company”) (TSX-V:CNC) (OTCQB: CNIKF) today appear its fourth new analysis – North Zone, at its Crawford Nickel-Cobalt Sulphide project, from the aboriginal two assignment holes. The assays from the North Zone are pending.

“This is addition accomplished analysis – a abundant aberration with cogent calibration abeyant and added acceptance of our geophysical archetypal which we will be applying to the afresh completed geophysics programs on our advantage properties.” said Mark Selby, Chair and CEO of Canada Nickel. “The aboriginal two assignment holes were spotted based on the aforementioned casual geophysical signatures as we saw at the Main Zone and accept delivered moderately mineralized dunite agnate to boilerplate brand portions of the Main Zone. I attending advanced to seeing these appraisal after-effects and added analysis after-effects from the three drills at the property, as we abide to alleviate the abeyant at Crawford and adapt to analysis the analysis abeyant of our advantage properties.”

The Crawford Nickel-Cobalt Sulphide Action is amid in the affection of the abounding Timmins-Cochrane mining affected in Ontario, Canada, and is adjoining to well-established, above basement associated with over 100 years of bounded mining activity.

North Zone Discovery

The two holes, collared 100 metres apart, were both collared in serpentinized dunite, constant with mineralization apparent in the Crawford Main Zone. The aboriginal hole, CR20-84, remained in mineralized dunite beyond its absolute amount breadth of 501 metres. Additionally, the additional hole, CR20-87, collared in and intersected mineralized dunite for 218 metres afore intersecting assorted peridotite/pyroxenite sequences agnate to ones apparent in afresh apparent PGM zones at Crawford. The aberration in the North Zone is 1.1 km by 400 metres and confirms the Company’s compassionate of ancillary alluring and force geophysical anomalies as a adviser to mineralization, as apparent in the Main Zone. See Figures 1, 2 and 3, and Table 1 for area and position of holes about to geophysical anomaly.

Table 1 – Assignment Aperture Orientation, Crawford Nickel-Cobalt Sulphide Project, Ontario
























Qualified Person and Abstracts Verification

Stephen J. Balch P.Geo. (ON), VP Analysis of Canada Nickel and a “qualified person” as such appellation is authentic by National Instrument 43-101, has absolute the abstracts appear in this account release, and has contrarily advised and accustomed the abstruse advice in this account absolution on account of Canada Nickel Company Inc.

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the abutting bearing of nickel-cobalt sulphide projects to bear nickel and azure appropriate to augment the aerial beforehand electric agent and stainless animate markets. Canada Nickel Company has activated in assorted jurisdictions to brand the agreement NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is advancing the development of processes to acquiesce the assembly of net aught carbon nickel, cobalt, and adamant products. Canada Nickel provides investors with advantage to nickel and azure in low political accident jurisdictions. Canada Nickel is currently anchored by its 100% endemic flagship Crawford Nickel-Cobalt Sulphide Action in the affection of the abounding Timmins-Cochrane mining camp. For added information, amuse appointment www.canadanickel.com.

Cautionary Statement Concerning Forward-Looking Statements

This columnist absolution contains assertive advice that may aggregate “forward-looking information” beneath applicative Canadian balance legislation. Advanced attractive advice includes, but is not bound to, assignment after-effects apropos to the Crawford Nickel-Cobalt Sulphide Project, the abeyant of the Crawford Nickel-Cobalt Sulphide Project, timing of bread-and-butter studies and ability estimates, cardinal plans, including approaching analysis and development results, and accumulated and abstruse objectives. Advanced advice is necessarily based aloft a cardinal of assumptions that, while advised reasonable, are accountable to accepted and alien risks, uncertainties, and added factors which may account the absolute after-effects and approaching contest to alter materially from those bidding or adumbrated by such advanced information. Factors that could affect the aftereffect include, amid others: approaching prices and the accumulation of metals, the approaching appeal for metals, the after-effects of drilling, disability to accession the money all-important to acquire the expenditures appropriate to absorb and beforehand the property, ecology liabilities (known and unknown), accepted business, economic, competitive, political and amusing uncertainties, after-effects of analysis programs, timing of the adapted ability estimate, risks of the mining industry, delays in accepting authoritative approvals, and abortion to access authoritative or actor approvals. There can be no affirmation that such advice will prove to be accurate, as absolute after-effects and approaching contest could alter materially from those advancing in such information. Accordingly, readers should not abode disproportionate assurance on advanced information. All advanced advice independent in this columnist absolution is accustomed as of the date hereof and is based aloft the opinions and estimates of administration and advice accessible to administration as at the date hereof. Canada Nickel disclaims any ambition or obligation to amend or alter any advanced information, whether as a aftereffect of new information, approaching contest or otherwise, except as appropriate by law.

View aboriginal agreeable to download multimedia: http://www.prnewswire.com/news-releases/canada-nickel-makes-fourth-new-discovery–north-zone-at-crawford-nickel-cobalt-sulphide-project-301194582.html

SOURCE Canada Nickel Company Inc.

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