#Canada #Ontario #Canada Nickel #Mann West #Nickel Project

Canada Nickel Unveils Initial Mineral Resource at Mann West

On June 11, 2025, Canada Nickel Company Inc. officially announced its initial mineral resource estimate for the Mann West Nickel Sulphide Project, located near Timmins, Ontario. This significant development highlights that Mann West is substantially larger than the initial Crawford resource, boasting an indicated resource of 0.4 billion tonnes grading 0.23% nickel, translating to approximately 0.95 million tonnes of contained nickel. Furthermore, the inferred resource stands at 0.6 billion tonnes with a grade of 0.22%, encompassing an additional 1.31 million tonnes of nickel. This project marks a vital step for Canada Nickel as it continues to explore the rich geological potential of the Timmins Nickel District.

Overview of the Mann West Nickel Sulphide Project

The Mann West Project, strategically located just 21 kilometers east of the Crawford project, spans an impressive geophysical target of 3.4 square kilometers. Notably, Mann West encompasses more than double the area compared to Crawford, as indicated by the geological assessments carried out in the region. Currently, around 40% of the total targeted area has been included in the resource estimation, which showcases the project's potential for substantial nickel output year-round.

Mark Selby, CEO of Canada Nickel, expressed enthusiasm regarding the announcement, stating, "Mann West marks a significant milestone with today's announcement, demonstrating a resource that surpasses the size and scale of our initial Crawford resource, validating our belief in the potential of the Timmins Nickel District." His insights underline the promising future that lies ahead and the company's commitment to unveiling additional mineral resources by the end of 2025.

Detailed Breakdown of Mineral Resource Estimates

The initial mineral resource estimation was derived from an extensive 16,833 meters of core drilling across 37 drill holes. The results are promising:

• - Indicated Resources: 406 million tonnes grading 0.23% nickel (0.95 million tonnes contained nickel)
• - Inferred Resources: 599 million tonnes grading 0.22% nickel (1.31 million tonnes contained nickel)

The mineralization is characterized by an approximate 1.9 kilometers length, 800 meters width, and extension to 500 meters depth, with further exploration anticipated in the northwest direction. There remains an exploration target of an additional 0.5-1.0 billion tonnes grading between 0.20% and 0.22% nickel, pending additional drilling activity.

Positive Future Prospects

The Mann West project not only holds nickel reserves but also boasts significant quantities of platinum and palladium, with an indicated resource comprising 397,000 ounces of these precious metals and an inferred resource of 593,000 ounces. These figures hint at a lucrative future for the project, potentially catering to the ever-growing demand for these metals in technological and industrial applications.

Substantial drilling work completed in 2023 and 2024 has paved the way for this resource estimate, ensuring that geological understanding and sampling procedures are in place to support further initiatives for mineralogical analysis and recovery assessments. As a pivotal component of Canada Nickel's expansion plan, further reports and updates are anticipated throughout the remainder of 2025.

Next Steps for Canada Nickel

The company is set to file a comprehensive technical report in support of the mineral resource estimate within 45 days of this announcement. The focus will remain on infill drilling to enhance the accuracy and upgrade the current inferred resources. Additionally, ongoing mineralogical and metallurgical analysis will aim to refine metal recovery estimates, further solidifying Canada Nickel's position within the mining sector.

As Canada Nickel collaborates with industry partners and undertakes its strategic vision of delivering essential nickel for a growing electric vehicle market, the results from Mann West exemplify the organization's dedication to providing sustainable and economically viable mineral resources. Canada Nickel's commitment to responsible mining practices and innovative green technology establishes the foundation for longstanding success in the competitive field of mineral exploration and development.