Mr. Selby continued, "We look forward to working with the government and the Major Projects Office to unlock the financing and permitting necessary to break ground and begin construction on the project by the end of next year. With aligned federal and provincial support, our experienced management team can continue to advance development of Crawford and unlock the Timmins Nickel District as an important secure, domestic supply of critical minerals – nickel, cobalt, and North America's only domestic source o ...

Core Insights - Canada Nickel Company Inc. has initiated an in-situ carbon sequestration pilot study at its Crawford Nickel Project in collaboration with the U.S. DOE ARPA-E team, led by the University of Texas at Austin [1][7] - The pilot aims to evaluate large-scale carbon capture by injecting carbon-enriched water into a 400-meter-deep well within the ultramafic body, building on previous bench-scale studies [2][4] Company Initiatives - The pilot program follows successful bench-scale studies that demonstrated the ability of magnesium-rich mineral brucite to capture CO2 by transforming into secondary minerals [2][3] - The pilot is designed to monitor the CO2-to-rock mineralizing process, which is expected to begin within hours of injection, with most CO2 turning into solid rock within six months [3][4] - This initiative is independent of Canada Nickel's existing In-Process Tailings (IPT) Carbonation Program and is a significant step in enhancing the company's carbon capture and storage capabilities [4][7] Strategic Goals - The results from this pilot study will inform future post-mining carbon sequestration strategies, aligning with Canada Nickel's vision for a Zero-Carbon Industrial Cluster in Timmins [4][6] - Canada Nickel is focused on advancing nickel-sulphide projects to meet the growing demand in electric vehicle and stainless-steel markets, while also pursuing processes for net zero carbon production of nickel, cobalt, and iron products [6][8]

Core Insights - Canada Nickel Company announced the results of an economic impact study for its Crawford Nickel Project, indicating a significant economic contribution to Canada's GDP over the project's lifespan [1][2][3] Economic Contribution - The Crawford project is estimated to generate over $70 billion to Canada's GDP over its projected 40+ year life, with $67 billion of that impact occurring in Ontario [2][6] - The project is expected to support approximately 1,000 direct jobs and 3,000 indirect and induced jobs, totaling around 185,000 person-years of employment and delivering approximately $16 billion in labor income [2][7] Tax Revenue Generation - Crawford is projected to generate $7.7 billion in federal tax revenues and $8.3 billion in provincial tax revenues [2][8] - Total tax revenues from the project are estimated at $9.9 billion, including corporate income tax, mining tax, and other taxes [8] Project Status and Community Engagement - The Crawford project is well-advanced in permitting, has major infrastructure in place, and enjoys strong community support, positioning it to deliver benefits efficiently [4][3] - The project includes collaborative partnerships with Indigenous Nations, who are engaged as co-developers [4] Economic Impact Study Methodology - The study assessed economic impacts at direct, indirect, and induced levels, quantifying changes in the economy due to the development and operation of the mine [5] - Direct impacts arise from businesses receiving operating revenues, while indirect impacts come from suppliers, and induced impacts result from employee spending in the general economy [5]

Core Insights - Canada Nickel Company Inc. announced positive exploration drilling results from its Midlothian Property, indicating its growing potential as a significant asset within the company's portfolio [1][2][3] Exploration Results - The latest drill assays from Midlothian have shown consistently higher-grade intervals, with three recent holes returning 0.29–0.30% nickel over several hundred meters [2][6] - The Midlothian property has a target footprint larger than the Crawford project, with a geophysical target measuring 2.7 kilometers long and 0.4 to 0.9 kilometers wide [3][6] - Six infill drillholes were completed in summer 2025, all intersecting long intervals of mineralized dunite, with significant nickel mineralization found at shallow depths [3][6] Drilling Highlights - Drillhole MID25-17A intersected 0.30% nickel over 330.0 meters, while MID25-18A intersected 0.29% nickel over 449.1 meters, including 0.36% nickel over 10.5 meters [4][6] - The company plans to produce an initial resource estimate for Midlothian by the end of 2025, based on the combined dataset from 2023, 2024, and 2025 drilling [3][6] Joint Venture and Financials - The Midlothian property is a joint venture between Canada Nickel and Canadian Gold Miner Corp. and Laurion Mineral Exploration Inc., with Canada Nickel needing to make a final payment of $400,000 and issue 140,000 shares to earn a 100% interest [3] - Canada Nickel also announced the issuance of 333,120 common shares to a service provider in satisfaction of $249,840.51, subject to TSX Venture Exchange approval [8]