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InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Updates Regarding Assay Results, Projects
May 24, 2023

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Updates Regarding Assay Results, Projects

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) is reporting on assay results from its Ontario-based Sothman Property and status on its other projects. Highlights of the assay results indicate that long, shallow mineralized intervals have been reported at both Sothman and Midlothian, with Sothman returning 319 meters of 0.29% nickel starting at 15 meters in East Zone and Midlothian returning 343 meters of 0.28% nickel starting at 2 meters. In addition, high-grade mineralization has been confirmed at Sothman within larger mineralized intervals. “Our regional exploration program successfully continues to deliver positive results, as we add Mann Northwest to the string of successes at Reid, Deloro, Sothman, Texmont and Midlothian,” said Canada Nickel CEO Mark Selby in the press release. “We are very encouraged by the first assay results from Midlothian, which delivered above average nickel grades of 0.28% across the entire core length and our drilling at Sothman has confirmed the historical higher-grade results within a much larger mineralized envelope in Sothman West and a large bulk tonnage target at Sothman East. We look forward to releasing our latest results from our Texmont property shortly.”

To view the full release, visit https://ibn.fm/5YYJM

About Canada Nickel Company

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 Company 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 about the company, 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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