Canada Nickel Announces Filing of NI 43-101 Technical Report for Previously Announced Texmont Initial Resource
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Canada Nickel Announces Filing of NI 43-101 Technical Report for
Previously Announced Texmont Initial Resource
TORONTO, September 2, 2025 – Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSX
V:CNC) (OTCQB:CNIKF) today announced that the Company has filed on SEDAR+ an independent technical
report (the “Report”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure
for Mineral Projects (“NI 43-101”) supporting the initial mineral resource estimate for its Texmont Nickel
Sulphide Project (the “Texmont Project”).
The Texmont Project, located about 36 kilometres south of Timmins, Ontario, is wholly owned by Canada
Nickel Company through its wholly owned subsidiary, Central Timmins Nickel Ltd. There are no material
differences in the Report from those results disclosed in the Company’s news releases dated July 15, 2025.
The Mineral Resource Estimate for the Texmont Project , effective as of April 10, 2025 , was prepared
following the CIM Definition Standards on Mineral Resources and Reserves (2014) and CIM Estimation of
Mineral Resources and Mineral Reserves Best Practice Guidelines (2019).
Mark Selby, CEO of Canada Nickel said, “We have now published six of nine resources. Three additional
resources are expected to be published by end of 2025 as we continue to demonstrate the potential of
the Timmins Nickel District.”
The Report, dated August 21, 2025, with an effective date of April 10, 2025, is titled, “National Instrument
43-101 Mineral Resource Estimates and Technical Report on the Texmont Ni-Co-Pd-Pt Deposit, Texmont
Nickel Sulphide Project, Timmins Nickel District, Ontario, Canada .” The Report was prepared for Canada
Nickel by Caracle Creek International Consulting Inc. and can be found under the Company's issuer profile
at www.sedarplus.com.
Qualified Person
Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a " Qualified Person" as defined in N I
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 trademar k 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 politi cal risk
jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel -Cobalt
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Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please
visit www.canadanickel.com.
For further information, please contact:
Mark Selby
CEO
Phone: 647-256-1954
Email: [email protected]
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 Texmont, 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, strat egic plans, including f uture 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, competiti ve, 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 p rove 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.