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Canada Nickel Announces Successful Drill Results from Recently Acquired Deloro target and Provides Corporate Update

Canada Nickel Company Inc.

Highlights

  • First hole in recently acquired properties intersects 480 metres of dunite at Deloro using a sixth drill rig acquired at start of year.
  • All nine holes from Dargavel, Mahaffy, MacDiarmid, Kingsmill intersected multi-hundred metre intersections of mineralization with best interval from first hole at Dargavel of 162 metres of 0.30% nickel including 0.34% nickel over 28.5 metres.
  • Completion of Crawford feasibility study expected by fourth quarter of 2022 and formal start of permitting process in first quarter of 2022.
  • Announces management additions in engineering and environment to support Company efforts to advance Crawford through feasibility and subsequent steps towards development.

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