#Canada #Ontario #Canada Nickel #Nickel Sulphide #Midlothian Nickel

Canada Nickel Reports Positive Drilling Results at Midlothian Nickel Property

Canadian Nickel Company Inc. recently announced encouraging exploration drilling results from its Midlothian Nickel Sulphide property, located approximately 70 km south-southeast of Timmins, Ontario. This property, a joint venture between Canada Nickel and Canadian Gold Miner Corp., as well as Laurion Mineral Exploration Inc., is demonstrating significant potential as a key asset in Canada Nickel's portfolio.

Key Highlights of the Drilling Results

The exploration results are impressive, with drill hole MID25-17A revealing a strong nickel concentration of 0.30% over an extended length of 348.7 m. Another drill hole, MID25-18A, showed 0.29% nickel over 449 m, with a notable section of 10.5 m yielding 0.36% nickel. Not to overlook, the third hole, MID25-19, also reported consistent mineralization of 0.29% over 378.6 m.

These results collectively showcase a substantial extension of nickel mineralization by an estimated 200-300 meters to the south of the site, affirming Midlothian’s viability as an important nickel source. The company anticipates releasing its initial mineral resource estimate by the end of 2025, which is highly awaited by investors and stakeholders alike.

The Strategic Importance of Midlothian Property

Mark Selby, CEO of Canada Nickel, emphasized the growing significance of the Midlothian site, stating, "The third of our 'Three Giants' continues to exceed expectations. These recent findings are the most consistently higher-grade intervals found across any of our 18 drilled properties. With a bigger target footprint than our prominent Crawford project and shallower overburden, we are optimistic about realizing the potential of Midlothian."

The property’s accessibility is also noteworthy, as it is reachable by road year-round, enhancing the feasibility for development and exploration. The current drilling campaign included six infill drill holes during the summer of 2025, all of which provided extensive and largely continuous intervals of mineralized material. As the data from the combined drilling efforts (2023-2025) comes together, Canada Nickel aims to shape a promising resource estimate.

Future Plans and Share Issuance

In addition to their drilling progress, Canada Nickel announced that it plans to issue a total of 333,120 common shares to a service provider in line with their obligations, pending approval from the TSX Venture Exchange. This share issuance is estimated to equate to approximately $249,840.51 and will be held for a four-month period under applicable securities laws.

The company is focused on advancing nickel-sulfide projects to meet the increasing demand for nickel driven by high growth sectors, including electric vehicles and stainless steel markets. Canada Nickel is committed to sustainable mining practices and aims to develop processes that lead to net-zero carbon outputs for its nickel, cobalt, and iron products.

In concluding their announcements, Canada Nickel reaffirms its position and strategy for the future, ready to tackle both challenges and opportunities as it navigates the resource exploration landscape. As stakeholders await further updates, Canada Nickel remains a vibrant player within this essential sector for global sustainability efforts.

For more information about Canada Nickel and their ongoing projects, visit their official website.

Conclusion

The latest developments at the Midlothian Nickel Property not only highlight Canada Nickel's exploration capabilities but also mark a significant step further in the company's trajectory towards being a leading supplier in the critical minerals landscape. Investors and environmental advocates are encouraged to keep an eye on how this promising venture unfolds over the coming months.