Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced the initial results from preliminary metallurgical test work on the first set of samples from the Texmont Nickel Sulphide Project, which demonstrates a range of grades could be processed using a simple flowsheet and recoveries that meet or exceed historical results. “Texmont continues to deliver excellent results, with initial metallurgy yielding nickel and cobalt recoveries and concentrate grades exceeding our expectations,” said the company’s CEO Mark Selby. “Further, these results were achieved with a simple flowsheet, which will maximize potential opportunities to toll mill our initial production. I look forward to the next phases of work while we complete our initial resource on Texmont and complete a Preliminary Economic Analysis (‘PEA’) by year-end.”
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About Canada Nickel Company Inc.
Canada Nickel is advancing the next generation of nickel-sulfide projects to deliver nickel required to feed the high-growth electric vehicle and stainless steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel(TM), NetZero Cobalt(TM) and NetZero Iron(TM) and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulfide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.CanadaNickel.com.
NOTE TO INVESTORS: The latest news and updates relating to CNIKF are available in the company’s newsroom at https://ibn.fm/CNIKF
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