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Canada Nickel Announces 46% Increase in Measured & Indicated Resource at Reid Nickel Sulphide Project
Prnewswire· 2026-01-12 11:45
Core Viewpoint - Canada Nickel Company has announced an updated mineral resource estimate for its Reid Nickel Sulphide Project, confirming it as one of the world's largest nickel sulphide deposits, with significant potential for further exploration and development [2][4]. Mineral Resource Estimate - The updated mineral resource estimate shows a 46% increase in Measured & Indicated resources to 2.1 million tonnes of contained nickel, and a 47% increase in Inferred resources to 3.2 million tonnes [5][6]. - The total mineral resources now include 0.04 billion tonnes Measured at 0.27% nickel, 0.87 billion tonnes Indicated at 0.23% nickel, and 1.45 billion tonnes Inferred at 0.22% nickel [6][12]. - The dimensions of the mineral resource are approximately 2.3 kilometers long, 1.1 kilometers wide, and extend to 720 meters deep, remaining open in multiple directions [7][12]. Exploration Potential - An additional exploration target of 0.5 to 1.4 billion tonnes at grades of 0.21% to 0.22% nickel is identified, pending further drilling [8][12]. - The exploration target is based on the geophysical signature and core drilling results, indicating a consistent geological setting [8][12]. Project Development - The Reid project is strategically located 16 kilometers southwest of the Crawford Nickel Sulphide Project and is more than twice its size based on geophysical targets [2][4]. - The company plans to continue drilling and sampling programs to upgrade the mineral resource and aims to produce a Preliminary Economic Assessment (PEA) in the future [17][19]. Technical and Operational Details - The mineral resource estimate was prepared by Caracle Creek International Consulting Inc. and follows CIM guidelines [10][20]. - The average stripping ratio is 1.19:1, with an average overburden thickness of 25.8 meters [11][12]. - The drilling campaigns were conducted in 2022, 2024, and 2025, with the 2025 campaign focused on infilling previous sections to enhance resource classification [9][19].
Noble Mineral highlights Mann Central Nickel Sulphide Initial Resource as announced by Canada Nickel
Thenewswire· 2025-07-16 11:30
Core Insights - Noble Mineral Exploration Inc. announced the initial mineral resource estimate for the Mann Central Nickel Sulphide Project, in collaboration with Canada Nickel Company [1][2] - The Mann Central project is located 40 km northeast of Timmins, Ontario, and is part of the East Timmins Nickel Company joint venture [2][3] - The initial mineral resource estimate indicates significant potential, with over 9 million tonnes in both Measured & Indicated and Inferred categories [2] Mineral Resource Estimate - The Mann Central Project has an Indicated Mineral Resource of 237 million tonnes grading 0.22% nickel, totaling 0.52 million tonnes of contained nickel [4][6] - Inferred Mineral Resources are estimated at 537 million tonnes grading 0.21% nickel, equating to 1.15 million tonnes of contained nickel [4][6] - An Exploration Target of an additional 0.6 to 2.0 billion tonnes grading between 0.19% and 0.20% nickel is identified, pending further drilling [4][6] Project Details - The Mann Central project covers a geophysical target area of 3.1 square kilometers, with the current MRE covering approximately 40% of this area [3] - The dimensions of the Mann Central MRE are approximately 2.4 kilometers long, up to 700 meters wide, and extending to 500 meters deep, remaining open in all directions [4] - Drilling for the initial MRE involved 12,563 meters from 32 drill holes, conducted in 2023 and 2024 [4][8] Future Plans - Canada Nickel plans to advance the Crawford project towards a construction decision by year-end and aims to publish three additional mineral resource estimates by the end of the year [2][20] - Ongoing drilling and sampling programs will focus on upgrading Inferred Mineral Resources to Indicated Mineral Resources [20]
Noble Mineral highlights Mann West Nickel Sulphide Initial Resource as announced by Canada Nickel
Thenewswire· 2025-06-11 14:15
Core Insights - Noble Mineral Exploration Inc. announced the initial mineral resource estimate for the Mann West Nickel Sulphide Project, a joint venture with Canada Nickel Company, located in the Timmins area of Northern Ontario [1][2][4] Company Overview - Noble holds a 20% interest in East Timmins Nickel Ltd., which owns the Mann West project, while Canada Nickel holds the remaining 80% [2][3] - Noble Mineral Exploration has extensive mineral rights in Northern Ontario and other regions, focusing on nickel, cobalt, and base metals [29][30] Project Details - The Mann West project is located 21 kilometers east of Canada Nickel's Crawford Nickel Sulphide Project and has a geophysical target area of 3.4 square kilometers, more than double that of Crawford [3][4] - The initial mineral resource estimate includes 406 million tonnes of indicated resources grading 0.23% nickel and 599 million tonnes of inferred resources grading 0.22% nickel, totaling 0.95 million tonnes and 1.31 million tonnes of contained nickel, respectively [5][8] - An exploration target of an additional 0.5 to 1.0 billion tonnes grading between 0.20% and 0.22% nickel is anticipated, pending further drilling [5][8] Resource Estimates - The Mann West project has a significant PGM zone with indicated resources of 7.0 million tonnes grading 0.422 g/t palladium and platinum, and inferred resources of 7.7 million tonnes grading 0.411 g/t [5][8] - The resource dimensions are approximately 1.9 kilometers long, 800 meters wide, and extend to 500 meters deep, remaining open to the northwest and at depth [5][8] Future Plans - Canada Nickel plans to announce additional mineral resources, with expectations for eight new resources by the end of 2025, including two more this month [4][8] - Noble aims to increase and upgrade inferred resources through ongoing drilling campaigns and mineralogical analysis [28]