Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has filed a bankable feasibility study (“BFS”) for its wholly owned Crawford Nickel Sulphide Project. Titled “Crawford Nickel Sulphide Project NI 43-101 Technical Report and Feasibility Study,” the study was prepared independently by Ausenco Engineering Canada Inc. The world’s second largest nickel reserve, the Crawford project is expected to become one of Canada’s largest carbon-storage facilities and be a net negative contributor of CO2. Highlights of the project include robust economics and a large initial mineral reserve anchored by a significantly larger mineral resource. The large-scale project, which is located in Ontario, is projected to be a low-cost, long-life operation, producing 83 million pounds of nickel on average over a 41-year life with projected revenue exceeding $1 billion over the project life with significant improvement in recoveries from PEA along with a minimal carbon footprint.
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About Canada Nickel Company Inc.
Canada Nickel is advancing the next generation of nickel-cobalt 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.
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