Canada Nickel has discovered 0.42pc nickel over 306 meters in the drill first hole at its Crawford Nickel-Cobalt Sulphide mine. The findings include as much as 0.51pc nickel across about 27 meters.
In a news release, Mark Selby, chair and chief executive officer of Canada Nickel, said the first hole of the company’s infill drilling program has almost one-third above the average high-grade core resource, which is about 0.31pc nickel. He added that this opens the possibility to higher-grade core potential at the site’s main zone.
Canada Nickel mines nickel and cobalt for the emerging electric vehicle market, and for stainless steel production.