CEO Mark Selby stated, “These are very exciting results and one of the highest-grade nickel intervals discovered this year – highlighting the potential of our district scale land package and significant nickel resources to also deliver high grade nickel. I look forward to further unlocking the potential of the Bannockburn F-Zone target, while also continuing to test the other high potential conductors identified in other zones of the Bannockburn property.”

Bannockburn Trait

The Bannockburn Trait is situated 65 kilometres south of Timmins and roughly 20 kilometres west of Matachewan, Ontario and is situated within the neighborhood of the Corporate’s Midlothian and Sothman houses.  The Corporate has been essentially targeted at the immense tonnage, low grade nickel zone (the B-Zone) and has known plenty of brandnew potential goals that are being examined for higher-grade subject matter. 

Bannockburn F-Zone

Effects from assays for large sulphides known in drillhole BAN24-18 showed very high-grade nickel mineralization of three.95% nickel over 4 metres and as much as 4.65% nickel over 1 metre inside a neatly mineralized zone of one.61% nickel in 12 metre drillhole range. (Figures 1a,b,c).

Canada Nickel used to be checking out the prior to now known F-Zone (Determine 2) which have been traditionally drilled through Outokumpu Mining Oy and Mustang Minerals Corp. within the overdue Nineteen Nineties and early 2000s and yielded slender durations of net-textured and large sulphide mineralization together with 2.8 metres of two.9% nickel roughly 50 metres east of the wave interlude.

The Corporate is now undertaking a borehole electromagnetic (BHEM) survey.  The BHEM survey will check for the presence of conductive sulphide mineralization past the extents of the drillhole and will point out the approximate measurement and placement of the conductor representing the mineralized sulphide gadget. Spare holes will probably be drilled in response to the BHEM effects.

Canada Nickel could also be following up with related goals throughout the B-Zone that had been highlighted all over a semi-airborne EM survey (drone and garden loop) that used to be flown all over the summer time of 2024, carried out through Rosor Corp. The survey presentations two alternative increased conductivity/decrease resistivity goals inside the B-Zone.

Desk 1: Decided on Assays BAN24-18

^{*Drillhole range. True width no longer calculated}

Desk 2: Drillhole Orientation

Observation Referring to TSX Project

Neither TSX Project Trade nor its Law Services and products Supplier (as that time period is outlined in insurance policies of the TSX Project Trade) accepts accountability for the adequacy or accuracy of this reduce.

Attribute Word and Keep an eye on, Drilling and Assaying

Edwin Escarraga, MSc, P.Geo., a “qualified person” as outlined through Nationwide Tool 43-101 – Requirements of Disclosure for Mineral Initiatives, is answerable for the on-going drilling and sampling program, together with property promise (QA) and property regulate (QC). The core is amassed from the drill in sealed core trays and transported to the core logging facility. The core is marked and sampled at 1.5 metre lengths and scale down with a diamond blade noticed. One poised of samples is transported in tied baggage immediately from the Canada Nickel core shack to Actlabs Timmins, time a 2nd poised of samples is securely shipped to SGS Lakefield for preparation, with research carried out at SGS Burnaby or SGS Callao (Peru). All are ISO/IEC 17025 approved labs. Research for treasured metals (gold, platinum and palladium) are finished through Hearth Assay time research for nickel, cobalt, sulphur and alternative components are carried out the usage of a peroxide fusion and ICP-OES research. Qualified requirements and blanks are inserted at a charge of three QA/QC samples in line with 20 core samples creating a accumulation of 60 samples which are submitted for research.

Certified Particular person and Knowledge Verification

Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a “qualified person” as such time period is outlined through Nationwide Tool 43-101 – Requirements of Disclosure for Mineral Initiatives, has verified the information disclosed on this information reduce, and has differently reviewed and authorized the technical data on this information reduce to the behalf of Canada Nickel.

About Canada Nickel Corporate

Canada Nickel Corporate Inc. is advancing the after past of nickel-sulphide tasks to bring nickel required to feed the tall enlargement electrical car and stainless-steel markets. Canada Nickel Corporate has implemented in a couple of jurisdictions to trademark the phrases NetZero Nickel^TM, NetZero Cobalt^TM, NetZero Iron^TM and is pursuing the advance of processes to permit the manufacturing of web 0 carbon nickel, cobalt, and iron merchandise. Canada Nickel supplies buyers with leverage to nickel in low political possibility jurisdictions. Canada Nickel is these days anchored through its 100% owned flagship Crawford Nickel-Cobalt Sulphide Mission within the center of the prolific Timmins–Cochrane mining camp. For more info, please discuss with www.canadanickel.com.

For additional data, please touch:

Mark Selby
CEO
Telephone: 647-256-1954
Electronic mail: [email protected]   

Cautionary Observation Relating to Ahead-Having a look Statements

This press reduce incorporates positive data that can represent “forward-looking information” underneath appropriate Canadian securities regulation.  Ahead browsing data contains, however isn’t restricted to, drill and exploration effects in the case of the objective houses described herein (the “Properties”), the usefulness of drill effects, the facility to proceed drilling, the affect of drilling at the definition of any useful resource, the potential for the Crawford Nickel Sulphide Mission and the Houses, timing and of entirety (if in any respect) of mineral useful resource estimates, the facility to promote marketable fabrics, strategic plans, together with pace exploration and construction plans and effects, company and technical goals, and the of entirety of assays, follow-up geophysics and additional drilling.  Ahead-looking data is essentially primarily based upon a number of guesses that, time regarded as affordable, are matter to identified and unknown dangers, uncertainties, and alternative elements which might purpose the unedited effects and pace occasions to fluctuate materially from the ones expressed or implied through such forward-looking data.  Elements that would impact the end result come with, amongst  others:  pace costs and the provision of metals, the pace call for for metals, the result of drilling, incapacity to boost  the cash important to incur the expenditures required to store and move the detail, environmental liabilities  (identified  and  unknown), normal industry, financial, aggressive, political and social uncertainties, result of  exploration methods, dangers of the mining business, delays in acquiring governmental approvals, failure to acquire  regulatory or shareholder approvals. There can also be disagree promise that such data will turn out to be correct, as unedited effects and pace occasions may fluctuate materially from the ones expected in such data.  Accordingly, readers must no longer playground undue reliance on forward-looking data.  All forward-looking data contained on this press reduce is given as of the generation hereof and is primarily based upon the critiques and estimates of control and knowledge to be had to control as on the generation hereof.  Canada Nickel disclaims any purpose or legal responsibility to replace or revise any forward-looking data, whether or not as a result of brandnew data, pace occasions or differently, excluding as required through legislation.

SOURCE Canada Nickel Corporate Inc.

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