Canada Nickel Company Completes NI 43-101 Technical Report for Texmont Nickel Sulphide Project

Canada Nickel Company Issues NI 43-101 Technical Report

Toronto, September 2, 2025
Canada Nickel Company Inc., often referred to as Canada Nickel, has announced a major development by officially filing an independent technical report with SEDAR+. This report is prepared in accordance with the National Instrument 43-101 (NI 43-101), a pivotal standard for the disclosure of mineral projects. This technical report specifically supports the initial mineral resource estimate for the company's Texmont Nickel Sulphide Project.

The Texmont Project is a strategic asset located approximately 36 kilometers south of Timmins in Ontario. The ownership of the project is entirely held by Canada Nickel Company through its wholly-owned subsidiary, Central Timmins Nickel Ltd. Notably, there are no significant discrepancies in the contents of this report when compared to results disclosed in the company's earlier releases dated July 15, 2025.

The mineral resource estimate for the Texmont Project is effective from April 10, 2025, and has been prepared following the CIM (Canadian Institute of Mining) Definition Standards on Mineral Resources and Reserves as well as Best Practice Guidelines for estimation. Mark Selby, the CEO of Canada Nickel, expressed enthusiasm about this development, noting, "We have now published six of nine resource estimates. We anticipate publishing three additional resources by the end of 2025, demonstrating the potential of the Timmins Nickel District."

The filed report, dated August 21, 2025, and marked with the effective date of April 10, details the mineral resource estimates along with technical evaluations concerning the Texmont deposit, which comprises Nickel (Ni), Cobalt (Co), Palladium (Pd), and Platinum (Pt) resources. Caracle Creek International Consulting Inc. prepared this pivotal report.

Furthermore, Stephen J. Balch, P.Geo. and VP of Exploration at Canada Nickel, reviewed the scientific and technical aspects of the report. His designation as a “Qualified Person” under NI 43-101 adds a layer of credibility and reliability to the disclosed information.

The Canada Nickel Company continues to make advancements in the nickel-sulphide project domain, focusing on delivering nickel to cater to the rapidly growing markets of electric vehicles and stainless steels. With an ambitious vision, the company is operating on the branding of NetZero Nickel™, NetZero Cobalt™, and NetZero Iron™, aiming to pioneer the production of net-zero carbon nickel, cobalt, and iron products.

The flagship Crawford Nickel-Cobalt Sulphide Project serves as the cornerstone of Canada Nickel’s assets, positioning the company favorably within the Timmins-Cochrane mining camp—a region known for its mineral wealth.

Prospective investors and stakeholders should be aware that this announcement contains "forward-looking information," which incorporates projections and aspirations based on various assumptions. It's essential to understand that actual future results could vary considerably from the projections due to various risk factors, including market fluctuations and operational challenges.

To explore more about Canada Nickel and its innovative practices, interested parties can visit www.canadanickel.com.

For additional inquiries, Mark Selby, the CEO of Canada Nickel, can be reached directly for any detailed questions concerning their upcoming endeavors or this significant filing.