High-Grade Nickel Cobalt Concentrates from Texmont Project

Canada Nickel Company Inc. (TSXV:CNC), a Canadian nickel exploration and development company, announced encouraging initial metallurgical results from its Texmont nickel sulphide project and the consolidation of mining claims in the Texmont region.

The test results yielded excellent nickel and cobalt recoveries of 79-84% and 77-83% respectively, producing high-grade concentrates with 18-28% nickel and up to 0.7% cobalt. Canada Nickel CEO Mark Selby said the results exceeded expectations and were achieved through a simple flowsheet that provides flexibility for potential toll milling of initial production.

Canada Nickel also acquired 9,520 hectares of mining claims over 20km of strike length with the potential for more Texmont-style deposits. This is an important addition to Canada Nickel's 100% owned Crawford nickel-cobalt project in Timmins.

With high-grade projects and promising metallurgy results, Canada Nickel is well-positioned to capitalize on the growing demand for nickel and cobalt in electric vehicles and stainless steel. Investors should keep an eye on this nickel explorer as they advance Texmont towards production and expand resources across their Timmins nickel district.