To date, the broader intervals at yielded weighted average grades of 0.22% nickel over an average interval of 272 metres.
“The success of this initial drilling, targeted solely with our team’s proprietary approach using provincial geophysical data, highlights the significant potential of our total regional land package with over 42 km of target geophysical footprint which is more than 20 times larger than our flagship Crawford project,” Selby stated in a news release.
In addition to the new drill results, Canada Nickel has also extended the repayment of its $10 million loan with Auramet to March 3, 2023. The extension “allows us to advance various financing initiatives, which we expect to complete during this timeframe,” Selby noted.
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