(Canadian Nickel, 6.May.2024) — Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) provided an update on its 2024 exploration program with assay results from four new holes at its Reid property, which included the best drill result to date from the property.
Six drill rigs are currently operating across the company’s exploration portfolio. As outlined in a conference call held on 23 Feb. 2024, the company’s 2024 exploration program is targeting delivery of seven new resources by Q2-2025 and six further discoveries, unlocking the regional exploration potential of the Timmins Nickel District.
“Reid continues to deliver excellent results with yet another best drill interval to date. We are encouraged by these four additional drill results with long drill intervals and three of the four holes reporting higher grade intervals”, said Mark Selby, CEO of Canada Nickel.
“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,” Selby said.
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