MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Completion of Drill Program at Deloro

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today provided an update on its 2024 exploration program with assay results from eleven holes on its Deloro property, which now completes the infill drilling in advance of the first resource estimate. “We are very pleased with the 2024 drilling program at Deloro, which built on our successful campaign in 2022. Deloro is just 8 km south of Timmins, with shallow overburden and a large 1.2 km long and up to 0.7 km wide footprint,” said Mark Selby, CEO of Canada Nickel. “Work is now underway on our initial resource on the property, which is expected to be one of seven resource estimates that we plan to complete within the next 12 months. With this work amongst the rest of our portfolio, we are clearly demonstrating that our regional exploration program continues to be very successful. We now have seven drill rigs turning. This includes two rigs collecting samples for pilot plant material from Crawford to support downstream processing test work, and five rigs exploring at Reid and Texmont. Once drilling is completed at these properties, we will begin drilling at our Mann properties.”

To view the full press release, visit https://ibn.fm/bOSzP

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.

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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