Canada Nickel Co Inc Stock Price, News & Analysis

Canada Nickel (OTCQB:CNIKF) has filed a NI 43-101 technical report on SEDAR+ for its Texmont Nickel Sulphide Project, located 36 kilometers south of Timmins, Ontario. The report supports the previously announced initial mineral resource estimate for the project, with an effective date of April 10, 2025.

CEO Mark Selby highlighted that this represents the sixth of nine planned resource publications, with the remaining three resources expected to be published by the end of 2025. The technical report was prepared by Caracle Creek International Consulting Inc. and demonstrates the company's continued efforts to establish the potential of the Timmins Nickel District.

Canada Nickel (OTCQB: CNIKF) has released its 2024 ESG Report, highlighting significant achievements in sustainable mining practices and Indigenous partnerships. The company made substantial progress in its Crawford Nickel Sulphide Project, securing a landmark $20 million investment from Taykwa Tagamou Nation - the first Indigenous Nation in Canada to invest in a critical minerals project.

Key achievements include the development of In-Process Tailings Carbonation technology capable of storing up to 1.5 million tonnes of CO₂ annually, improved water efficiency with intensity decreasing to 0.38 m³/metre, and strong local economic impact with 60% local hiring and 37% local procurement of $32.5 million spent. The company maintains impressive diversity metrics with 33% female board representation and 34% female workforce.

Canada Nickel (OTCQB: CNIKF) has filed an NI 43-101 technical report on SEDAR+ for its Mann Nickel Sulphide Project's initial mineral resource estimate. The project, located 40 kilometers northeast of Timmins, Ontario, is owned through East Timmins Nickel Ltd., with Canada Nickel holding an 80% stake and Noble Mineral Exploration Inc. owning 20%.

The company has now published six out of nine planned resources, totaling over 9.2 million tonnes of Measured and Indicated nickel and 9.5 million tonnes of Inferred nickel. The Mann West and Mann Central resource is notably larger than the initial Crawford resource, with three additional resources expected to be published by the end of 2025.

Canada Nickel (OTCQB: CNIKF) has announced a comprehensive share-based compensation package for its officers, employees, and directors. The company granted 2,165,000 stock options at $0.86 per share with a five-year term, 835,000 restricted share units (RSUs), and 3,495,000 cash-settled RSUs tied to the Crawford Project's construction.

The stock options and RSUs will vest annually in equal thirds. The cash-settled RSUs will fully vest upon board approval for Crawford Project construction, with alternative vesting conditions if construction decision is delayed. Additionally, the company implemented a new Deferred Share Unit (DSU) Plan, granting 425,000 cash-settled DSUs to directors.

Canada Nickel (OTCQB:CNIKF) announced initial mineral resource estimates for its Mann Central and Texmont nickel sulphide projects in the Timmins Nickel District. The company's total district resources now contain 9.2 million tonnes of Measured & Indicated nickel and 9.5 million tonnes of Inferred nickel across six deposits.

Mann Central revealed an Indicated Resource of 236.7M tonnes at 0.22% nickel (0.52M tonnes contained) and Inferred Resource of 543.2M tonnes at 0.21% nickel (1.15M tonnes contained), with an additional exploration target of 0.6-2.0B tonnes. Texmont showed a Measured & Indicated Resource of 37.8M tonnes at 0.29% nickel, including higher-grade portions of 1.69M tonnes at 0.71% nickel.

The company expects to publish three additional mineral resource estimates by year-end and is advancing Crawford towards a construction decision.

Canada Nickel (OTCQX:CNIKF) has announced positive exploration results from its MacDiarmid property, located 23 kilometers southwest of Crawford. The drilling program identified mineralization extending over a 2,200-meter strike length and 400-meter width.

Key drilling results include an intersection of 0.25% nickel over 363 meters in hole MAC 25-09. The Company has completed 12 holes at MacDiarmid, with seven drilled during the 2025 campaign. The mineralization consists primarily of pentlandite and heazlewoodite in serpentinized dunite and minor peridotite.

CEO Mark Selby announced plans to resume drilling at Midlothian property on July 14th, with expectations to publish initial resources for Mann Central and Texmont properties. The company aims to release three additional resource estimates by year-end, bringing the total to nine resources in the Timmins Nickel District.

Canada Nickel Company announced an initial mineral resource estimate for its Mann West Nickel Sulphide Project near Timmins, Ontario. The project, located 21km east of Crawford, shows significant potential with an Indicated Resource of 0.4 billion tonnes grading 0.23% nickel (containing 0.95M tonnes of nickel) and an Inferred Resource of 0.6 billion tonnes grading 0.22% nickel (containing 1.31M tonnes of nickel). The resource also includes 397,000 ounces of palladium and platinum in the Indicated category and 593,000 ounces in the Inferred category. Mann West's geophysical target is more than twice the size of Crawford, with an additional Exploration Target of 0.5-1.0 billion tonnes grading 0.20-0.22% nickel. This marks the third of eight new nickel resources expected to be announced by the end of 2025.

Canada Nickel Company has partnered with Australia-based NetCarb to advance carbon sequestration technology that could increase CO2 storage capacity at its Crawford site by up to 10 times compared to their current IPT Carbonation process. The new NetCarb technology targets complete carbonation of serpentine minerals through a CO2 activity swing reactor, potentially enabling 10-15 million tonnes of annual CO2 storage and over 500 million tonnes throughout Crawford's 40+ year mine life. The partnership aims to develop a Zero Carbon Industrial Cluster in Timmins, Ontario, with potential for multi-gigatonne carbon sequestration across 20 regional ultramafic exploration properties. The companies plan to seek government funding and attract industrial partners across various sectors including natural gas power, hydrogen production, and biomass industries.

Canada Nickel Company's Crawford Nickel Sulphide Project has been recognized by the Government of Ontario as one of five strategic critical minerals projects ready for near-term development. The project, located near Timmins, will provide domestic supply of critical minerals including nickel, cobalt, and North America's only chromium source. Ontario's government support includes a $500 million Critical Minerals Processing Fund and $3.1 billion in various funding to support Indigenous partnerships. The Crawford Project features direct access to power, road, and rail infrastructure, and has established partnerships with local Indigenous Nations. The project will utilize Canada Nickel's innovative IPT Carbonation process for carbon capture, positioning it to become one of Canada's largest carbon storage facilities while contributing to economic development in Northern Ontario.