Canadian Nickel Industry Announces New drilling results of a Nickel-Cobalt Sulfide Project

SMM9, March 28 / PRNewswire-FirstCall-Asianet /-- Nickel Canada has reported encouraging results in filling drilling for its nickel-cobalt sulphide project in Crawford, Ontario. The company has obtained drilling results for the last three holes from the western end of the main area, with a nickel content of 0.34%, is expected to be tested from the last three filling holes at the eastern end of the main area next week, and plans to deliver the latest resources in the first half of October.

"We expect to receive tests from the last three filling holes at the eastern end of the main area within the next week. We also expect to analyze the three subsequent holes of the previously reported PGM hole CR20-32 in the coming weeks (this hole produces three separate intersections, including 2.6g / t PGM) at 7.5m. In addition, we expect that the current drilling on the expected geophysical nickel target a few kilometers from the Crawford structure will produce a series of stable test results. Nickel Canada hopes to continue to provide regular important updates by the end of 2020, and we are still expected to complete the preliminary economic assessment by the end of the year. "

The Crawford Nickel-Cobalt-Cobalt sulphide project is located in the heart of the prolific Timmins-Cochrane mining camp in Ontario, Canada.