Canada Nickel Company (TSXV: CNC) announced this morning assays from the infill drilling program at its Crawford nickel-sulphide project, particularly in the East zone. The results highlighted an intersect of 0.32% nickel over 10.1 metres true width.
The results come from six drill holes out of the East zone, with results from further 22 holes still pending. “The most recent infill and expansion drilling at the Crawford East Zone continues to confirm our target of increasing the East Zone resource by 2-3x,” said Canada Nickel CEO Mark Selby.
Highlights of the results include:
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- CR21-142A: 0.32% nickel over 10.1 metres
- including 0.37% nickel over 9.9 metres, and 0.43% nickel over 3.6 metres
- CR21-146: 0.27% nickel over 275.5 metres
- including 0.32% nickel over 18.1 metres, and 0.44% nickel over 6.9 metres
The mining firm relayed that the infill drilling will continue for the rest of the year, with results expected to contribute to the resource update in 2022 to support and feasibility study at the property.
Canada Nickel last traded at $2.93 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.
