Kingfisher Metals Corp. press release

InvestorNewsBreaks - Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Releases Update Report on Reid Drill Results

2024-05-06

TSXV - TSX Venture Exchange · Gold · Copper · Silver · Canada · Drill Results

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Releases Update Report on Reid Drill Results

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, released an update on its 2024 exploration program at its Reid property. The update included assay results from four new holes, which included the best drill result to date from the property. According to the report, six drill rigs are currently operating across Canada Nickel’s exploration portfolio, which has a target delivery of seven new resources by the second quarter of 2025 and six further discoveries, unlocking the regional exploration potential of the Timmins Nickel District. Highlights from the update show the new best interval to date at Reid is 687 meters of 0.27% nickel including 36 meters of 0.41% nickel and 7.5 meters of 0.56% nickel in REI24-18; the update also indicated that all four holes intersected core lengths of at least 676 meters with average grades of 0.24% to 0.27% nickel. In addition, three of the four holes disclosed in the release intersected higher-grade mineralization within the main ultramafic body. The Reid property is located 16 kilometers southwest of the Canada Nickel’s Crawford Nickel Sulphide project and contains a geophysical target of 3.9 square kilometers, which is nearly 2.4 times larger than Crawford. “Reid continues to deliver excellent results with yet another best drill interval to date,” said Canada Nickel CEO Mark Selby in the press release. “We are encouraged by these four additional drill results with long drill intervals and three of the four holes reporting higher grade intervals. These results continue to highlight the very large-scale potential of this property. With six drill rigs now operating, we expect a steady flow of drill results from across the company's exploration portfolio.”

To view the full press release, visit https://ibn.fm/I3tSC

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 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

About InvestorWire

InvestorWire(“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio@ IBNthat delivers:(1) access to a vast network of wire solutions viaInvestorWireto efficiently and effectively reach a myriad of target markets, demographics and diverse industries;(2) article and editorial syndication to 5,000+ outlets;(3) enhanced press release enhancementto ensure maximum impact;(4) social media distributionvia IBN to millions of social media followers;and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire Los Angeles, CA www.InvestorWire.com 310.299.1717 Office Editor@InvestorWire.com

InvestorWire is powered by IBN