Nickel Sulphide

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Class 1 Nickel Confirms 3+ km PGE-Trend and Samples 1.11 g/t Pd+Pt+Au at the River Valley PGE-Cu-Ni Project, Ontario, Canada
Globenewswire· 2025-10-08 11:30
Core Insights - Class 1 Nickel and Technologies Limited has announced positive results from its 2025 prospecting and ground-truthing campaign at the River Valley PGE-Cu-Ni Project, located approximately 65 km northeast of Sudbury, Ontario [1][4] Project Overview - The River Valley Project spans about 2,916 hectares and features several kilometers of promising geology with known platinum group element (PGE)-bearing sulphide mineralization categorized as Contact-Style PGE-Cu-Ni [2][12] - The project is situated within the same intrusive complex as the advanced River Valley Palladium Project developed by New Age Metals Inc [2] Sampling Results - A total of 73 rock grab samples were collected, with 11 samples returning assays ranging from 0.26 to 1.11 g/t 3E (Pd + Pt + Au), 0.04 to 0.96% Cu, and 0.02% to 0.17% Ni [3][6] - The sampling program has generated several new targets for follow-up with ground geophysics and a potential drilling campaign [6] Future Exploration Plans - The CEO of Class 1 Nickel expressed confidence in continuing exploration in target areas, particularly the Crerar PGE Trend, to plan and complete a drilling program soon [4][8] - A surface geophysics program is being planned for the North PGE Trend and the Crerar PGE Trend [3] Historical Context - Historical exploration on the property includes a diamond drill program completed in 2001 by Mustang Minerals Corp, which targeted the Crerar PGE Trend [13] - The project provides exploration upside for PGE and critical minerals, including copper and nickel, with a focus on productive zones within the River Valley Intrusion [12][15]
Fathom Announces Completion of Final Requirements Under Gochager Lake Earn-in Agreement
Newsfile· 2025-10-07 11:50
Core Viewpoint - Fathom Nickel Inc. has successfully completed all requirements under the Gochager Lake Earn-In Agreement, securing a 100% interest in the Gochager Lake Property, subject to a 2% net smelter return royalty [1][4]. Group 1: Agreement Completion - The final cash payment and share issuance have been completed, allowing the company to hold a full interest in the property [1]. - The vendor requested changes to the agreement, resulting in a decrease of cash payments by $12,500 to a total of $79,500 and an increase in share issuance by 290,000 to a total of 1,210,000 shares [3]. - The earn-in period was accelerated from four years to three years due to the company's exploration success [3]. Group 2: Exploration Achievements - Since entering the agreement in September 2022, the company has expanded the Gochager Lake property from 4,696 hectares to over 34,000 hectares [2]. - A geological model has been developed that supports comparisons to world-class magmatic nickel sulphide projects [2]. - The original Gochager Lake deposit has been expanded into a mineralized corridor extending over 1.4 km, which remains open along strike in both directions [2]. Group 3: Future Plans and Potential - The company has identified numerous high-priority drill targets as part of its goal to establish a district-scale nickel camp in north-central Saskatchewan [2]. - The Gochager Lake deposit is treated as an Exploration Target, with potential estimates of 4-5 million tons grading 0.3%-0.4% Ni and 0.08%-0.09% Cu, including a higher-grade core of 1.5-2 million tons grading 0.6%-0.7% NiEq [14].
Core Nickel Announces Results from Property-Wide Airborne Electromagnetic Survey on the Mel and Odei River Projects and Provides Management Update
Newsfile· 2025-09-02 09:00
Core Viewpoint - Core Nickel Corp. has successfully completed property-wide airborne electromagnetic surveys on its Mel and Odei River Projects, providing valuable data for future exploration and target identification [1][2][3] Survey Results - The 2025 airborne survey covered 289 line-km for the Mel Project and 1,547 line-km for the Odei River Project, utilizing a 100-metre line spacing to refine historical EM survey results [3][4] - The surveys indicate a strong correlation between nickel sulphide mineralization and geophysical responses, highlighting new exploration targets at Mel, Hunter, and Odei River [2][4] Mel Project Insights - The Mel Deposit shows a historical mineral resource of 4,279,000 tons grading 0.875% Ni and an inferred resource of 1,010,000 tons grading 0.839% Ni [24] - Geophysical data suggests that mineralization at Mel is fault-controlled and extends beyond the currently defined resource area, with historical drillholes indicating potential for additional nickel sulphide lenses [12][15][24] Hunter and Odei River Properties - The Hunter block features two prominent magnetic trends associated with EM trends, suggesting potential nickel sulphide systems, with Hunter North being a 9.5 km long magnetic trend and Hunter Central a 12 km trend [20] - The VTEM survey has defined a robust target corridor across the Hunter and Odei River properties, warranting further drill testing [20] Management Update - Core Nickel announced the resignation of Caitlin Glew as Vice President, Exploration, effective August 31, 2025, acknowledging her contributions to the company's exploration strategies and technical understanding [21][22]
Lifezone Metals: Unveiling Value In Battery Metals' Next Frontier
Seeking Alpha· 2025-08-20 16:14
Group 1 - Lifezone Metals (NYSE: LZM) is positioned at the intersection of two significant industry trends: the battery metals revolution and the transition to cleaner metallurgy [1] - The company's primary asset is one of the largest and highest-grade undeveloped nickel sulphide deposits globally [1]
Centaurus Metals (CTM) 2025 Earnings Call Presentation
2025-08-05 06:20
Project Overview - Jaguar Project aims to become the Western World's next major nickel sulphide mine [1] - The project boasts a Tier-1 scale Mineral Resource of 138.2 million tonnes containing 1.2 million tonnes of nickel [4, 9] - It also has a 52 million tonnes Ore Reserve containing 406,100 tonnes of nickel [4, 9] - The project is moving towards a Final Investment Decision (FID) in H1 2026 [7, 61] Financials and Operations - The project anticipates a Life-of-Mine (LOM) Post-Tax operating cash flow of US$2 billion (A$3.12 billion) [10] - It has a Post-Tax Net Present Value (NPV) of US$735 million (A$1.15 million) and a 34% Internal Rate of Return (IRR) [10] - The capital payback period is estimated at 1.8 years [10, 48] - The project targets an average nickel production of 22,600 tonnes per annum (tpa) in the first 7 years [9, 45] - The Life-of-Mine All-In Sustaining Cost (AISC) is projected to be US$4.43/lb Ni (payable basis) [4, 9, 19, 48] Environmental and Approvals - All key environmental approvals have been received, including EIA approval and Preliminary & Installation Licences (LP & LI) [6, 54] - The project has a low carbon footprint, with a forecast of 6.54 tonnes of CO2 per tonne of Nickel [9, 10, 56]
Zeb Nickel Project to Commission a SpectremPlus(TM) EM Survey to Build on 2025 High-Resolution Gravity-Magnetic Dataset
Newsfile· 2025-07-17 12:54
Core Viewpoint - Zeb Nickel Corp has engaged Spectrem Air Proprietary Ltd. to conduct a 736 line-kilometre SpectremPlus™ airborne electromagnetic survey over its Zeb Nickel Project in Limpopo Province, South Africa, aiming to enhance the identification of potential nickel sulphide ore bodies [1][2]. Group 1: Survey Details - The airborne survey will cover approximately 736 line-kilometres, utilizing 150 m spaced traverse lines and 1,500 m tie-lines, with data acquisition scheduled for July 2025 [7]. - The SpectremPlus™ system is capable of imaging conductive bodies to depths exceeding 700 m, with a high RMS dipole moment of 756 kA·m² [3][7]. - The survey is expected to be completed within three days, with final processed data and interpretations anticipated within 30 days post-survey [7]. Group 2: Technical Integration and Benefits - The AEM survey will complement existing gravity-magnetic models, allowing for improved drill-target definition by distinguishing between conductive massive sulphides and resistive host rocks [3][4]. - By integrating EM conductivity data with gravity and magnetic models, the technical team aims to generate a prioritized pipeline of drill-ready targets for potential nickel-sulphide mineralization [4][6]. - The expected deliverables include a unified 3D geophysical block model that identifies and ranks high-priority target zones based on conductivity, density, and magnetic susceptibility signatures [13]. Group 3: Company Focus and Strategic Importance - Zeb Nickel Corp is focused on exploring and developing world-class mineral deposits, particularly those critical for rechargeable battery production, including nickel, lithium, and cobalt [14]. - The Zeb Nickel Project is strategically located in the Bushveld Complex, which is known for its rich mineral deposits [14].
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]
Class 1 Nickel Commences 2025 Exploration Program at the River Valley PGE-Cu-Ni Project, Ontario, Canada
Globenewswire· 2025-07-09 11:30
Core Viewpoint - Class 1 Nickel and Technologies Limited has launched its 2025 summer exploration program at the River Valley PGE-Cu-Ni Project, which is expected to enhance its portfolio focused on critical minerals such as PGE, copper, and nickel [1][4]. Group 1: Exploration Program Details - The 2025 field exploration program will focus on geological mapping, sampling, and ground-truthing of targets identified from a recent 254 line-kilometer VTEM™ Plus survey [2][10]. - The exploration will include detailed examination of known sulphide occurrences and will report results as they become available [2][10]. - The program aims to validate geophysical targets developed from the VTEM™ Plus survey, particularly along the Crerar PGE Trend [3][10]. Group 2: Project Overview - The River Valley PGE-Cu-Ni Project spans approximately 2,916 hectares and is located about 65 kilometers northeast of Sudbury, Ontario, featuring known PGE-bearing sulphide mineralization [1][4]. - The project is underlain by gabbroic to anorthositic rocks of the Paleoproterozoic River Valley Intrusion, with a focus on targeting productive Marginal and Inclusion-Bearing zones [4][14]. - The project is strategically positioned near the advanced River Valley Palladium Project being developed by New Age Metals Inc., providing additional exploration upside [1][4]. Group 3: Geophysical Survey Insights - A helicopter-borne VTEM™ Plus survey was conducted in March 2025, acquiring approximately 254 line-kilometers of geophysical data [7]. - The survey utilized advanced geophysical sensors, including a versatile time domain electromagnetic system and a horizontal magnetic gradiometer [7]. - The results from the survey will inform the summer exploration program, which includes geophysical ground-truthing and mapping [10][11].
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]
Class 1 Nickel Files Updated NI 43-101 Mineral Resource Estimate for Dundonald North, Alexo-Dundonald Nickel Sulphide Project
Globenewswire· 2025-05-13 14:24
Core Viewpoint - Class 1 Nickel and Technologies Ltd. has filed an independent NI 43-101 Technical Report for its Alexo-Dundonald Nickel Project, which includes an updated Mineral Resource Estimate for the Dundonald North Deposit, enhancing the company's resource base and positioning in the nickel market [1][2][3]. Group 1: Technical Report and Resource Estimate - The Technical Report, effective from March 27, 2025, was prepared by Qualified Persons from Aticus Geoscience Consulting Ltd. and Caracle Creek Chile SpA [2]. - The updated Mineral Resource Estimate for the Dundonald North Deposit indicates an inferred resource of 2,500,000 tonnes with a nickel grade of 0.75% and a nickel equivalent grade of 0.80% [5][6]. - The report replaces a previous NI 43-101 technical report from October 2024, reflecting advancements in resource estimation [3][6]. Group 2: Company Strategy and Future Plans - The company aims to expand known mineralization and resources at its four existing nickel sulphide deposits within the Alexo-Dundonald Nickel Sulphide Project [23]. - An exploration program is planned to investigate underexplored areas of the project, guided by recent airborne geophysics and historical drilling [24]. - The company is pursuing a dual strategy to develop both high-grade nickel sulphide resources and large tonnage, low-grade komatiite-hosted deposits [25][26]. Group 3: Project Overview - The Alexo-Dundonald Nickel Sulphide Project covers approximately 3,093 hectares and includes four nickel deposits, with historical production from the Alexo North and South deposits [29]. - The project is located in a folded komatiite-ultramafic rock sequence that has not been systematically explored, indicating potential for resource expansion [29]. - The company plans to commence a Preliminary Economic Assessment (PEA) study to evaluate the best path forward for the project [33].