Canada Nickel Announces Filing of NI 43-101 Technical Reports for Previously Announced Updated Deloro Project Resource and Initial Nesbitt Project Resource
Rhea-AI Summary
Canada Nickel (CNIKF) has filed independent NI 43-101 technical reports on SEDAR+ for the initial mineral resource estimate at its 100% owned Nesbitt Nickel Sulphide Project and the updated mineral resource estimate for its 100% owned Deloro Nickel Sulphide Project near Timmins, Ontario.
The Mineral Resource Estimates are effective as of July 23, 2026 and were prepared in accordance with CIM Definition Standards (November 29, 2019). The reports, dated September 8, 2026, were prepared by Caracle Creek International Consulting and show no material differences from the July 23, 2026 news release. The company states that qualified person Stephen J. Balch, P.Geo., has reviewed and approved the scientific and technical information in this announcement.
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The two full technical reports, issued September 8, 2026 and with Mineral Resource Estimates having an effective date of July 23, 2026, are titled "National Instrument 43-101 Mineral Resource Estimate and Technical Report for the Deloro Ni-Co-Pd-Pt Deposit, Deloro Nickel Sulphide Project", and "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Nesbitt Ni-Co-Pd-Pt Deposit, Nesbitt Nickel Sulphide Project" The Reports were prepared for Canada Nickel by Caracle Creek International Consulting Inc. and can be found under the Company's issuer profile at SEDAR+ www.sedarplus.com.
Qualified Person
Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" as defined in NI 43-101, has reviewed and approved the scientific and technical information in this news release.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless-steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its
For further information, please contact:
Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.com
Cautionary Note and Statement Concerning Forward Looking Statements
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, the potential of the Midlothian and Bannockburn Projects, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Canada Nickel Company Inc.
FAQ
Where can investors access the new NI 43-101 technical reports for Deloro and Nesbitt?
The two NI 43-101 technical reports for the Deloro and Nesbitt nickel sulphide projects can be found under Canada Nickel's issuer profile on SEDAR+ at www.sedarplus.com.
What are the exact titles and dates of the Deloro and Nesbitt technical reports?
The reports are titled "National Instrument 43-101 Mineral Resource Estimate and Technical Report for the Deloro Ni-Co-Pd-Pt Deposit, Deloro Nickel Sulphide Project" and "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Nesbitt Ni-Co-Pd-Pt Deposit, Nesbitt Nickel Sulphide Project". Both reports were issued on September 8, 2026, with Mineral Resource Estimates effective July 23, 2026.
Who is the qualified person responsible for reviewing the technical information in this announcement?
Stephen J. Balch, P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" as defined in NI 43-101, has reviewed and approved the scientific and technical information in this news release.