Monday, August 4, 2025

Canada Nickel Announces Preliminary Discovery At MacDiarmid

Canada Nickel Company (TSXV: CNC) this morning announced preliminary drill results from its drill program at its MacDiarmid Nickel Property in Ontario. Initial results have indicated that the company has intersected significant intersections of mineralized dunite, similar to the firms Crawford property.

The MacDiarmid property is located 23 kilometres southwest of the firms flagship Crawford Nickel property, where the company found initial success with finding significant quantities of nickel. After conducting three drill holes in an initial drill program at this property, much of the same style of mineralization has been found, pointing to the potential for another discovery.

Drilling at the property is focused on a geophysical target measuring 1.8 kilometres long by 400 metres wide, within a larger intrusion. Mineralization has been defined across a strike of 400 metres to a depth of 360 metres, with widths currently ranging between 150 to 200 metres.

Assays remain pending for the three drill holes.

Canada Nickel last traded at $3.55 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Canada Nickel Intersects 0.29% Nickel Over 325.5 Metres At Reid Property

Assay results from recent drilling conducted by Canada Nickel (TSXV: CNC) were released this morning....

Thursday, December 1, 2022, 08:25:12 AM

Nickel 28 Anticipates Cash Flow From Ramu Nickel-Cobalt Project By The End Of Q2

Nickel 28 Capital Corp (TSXV: NKL) this morning provided production results for its largest asset,...

Tuesday, May 18, 2021, 03:43:00 PM

Nickel 28 Capital Corp: Corporate Overview

Nickel 28 Capital Corp. (TSX-V: NKL) is a Toronto-based nickel-cobalt producer that has an 8.5%...

Tuesday, June 1, 2021, 02:30:00 PM

Spruce Ridge Resources: Corporate Overview

Spruce Ridge Resources Ltd. (TSXV: SHL) is a junior copper explorer whom owns a 100%...

Sunday, January 24, 2021, 05:05:00 PM

Freeland Says Canada And Allies To Challenge China And Indonesia’s Nickel Hegemony

Deputy Prime Minister Chrystia Freeland has revealed that Canada and its allies are considering taking...

Wednesday, April 24, 2024, 12:17:00 PM