Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company focused on advancing the next generation of nickel-sulphide projects, today announced that its latest test work results support the incorporation of carbon capture and storage into the Crawford Project. According to the update, Canada Nickel’s In-Process Tailings (“IPT”) Carbonation process is a novel method for accelerated carbon capture and storage that the company believes has transformative potential. The latest test work confirms that existing process streams can be utilized for IPT Carbonation, which Canada Nickel believes should allow it to be timely and cost effectively engineered and incorporated into the flowsheet. “We believe the Crawford Project has the potential to be a case study in how critical minerals are developed in Ontario and Canada,” said Mark Selby, chair and CEO of Canada Nickel. “Crawford is poised to support the energy transition through the large scale production of critical minerals, including nickel and cobalt, and to become the sole North American producer of chromium, while also supporting the country’s climate objectives through large scale carbon capture and storage.”
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About Canada Nickel Company Inc.
Canada Nickel is advancing the next generation of nickel-sulphide 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 Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.CanadaNickel.com.
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