Canada Nickel Announces Positive Exploration Results and Confirms New Discovery at Mann Township Properties
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Canada Nickel Announces Positive Exploration Results and Confirms New
Discovery at Mann Township Properties
Highlights
• Positive results continue at Mann West with 28 of 31 holes with intervals greater than 0.3%
nickel including 0.52% nickel over 37.5 metres in MAN24-61 within 0.28% nickel over 356
metres
• New discovery at Mann South with MAN24-81 delivering 0.24% nickel over 508 metres
• Several holes with anomalous PGM horizons such as 0.82 g/t Pt+Pd over 18.6 metres and 0.77
g/t Pt+Pd over 24.5 metres in MAN24-100C at Mann South
• Over 117,000 metres successfully drilled on 14 properties to date in 2024 as part of regional
exploration program – on-track to deliver six additional resources in 2025
TORONTO, December 11, 2024 – Canada Nickel Company Inc. ("Canada Nickel " or the
"Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce additional successful results from its
2024 exploration program from three separate properties at Mann West, Mann Central, and Mann South.
As part of its ongoing regional exploration program, t he Company has now successfully drilled over
117,000 metres on 14 properties, including the Mann properties, all located within 100 kilometres of
Timmins, Ontario in the Timmins Nickel District.
CEO Mark Selby said, “Today we announce another set of excellent results from our 2024 regional
exploration program from three separate targets as we continue to unlock the potential of the Timmins
Nickel District. Today’s results confirm the significance of the discovery of Mann West with strong
mineralization across a strike length of 1.7 kilometres long by 0.6 kilometres wide, and remaining open in
multiple direction. The Company also confirms an excellent new discovery at Mann South while providing
further positive results at Mann Central. We look forward to publishing six additional resources, in
addition to Crawford and Deloro, from now through the first half of 2025, clearly demonstrating the scale
of the nickel sulphide potential of the Timmins Nickel District.”
Mann Property
The Mann property is located 22 kilometres east of Crawford between Timmins and Cochrane and is 80%
owned by Canada Nickel and 20% by Noble Mineral Exploration. The Company has completed a drill
program on four separate targets within the property in 2024, Mann North, Mann West (together
formerly Mann Northwest), Mann Central and Mann South. (Figure 1). This release provides an assay
update from 31 holes, 16 holes at Mann West, 11 holes at Mann South, and four holes at Mann Central.
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Mann West
Mann West is approximately 3.5 kilometres long by up to 1.1 kilometres wide (covering 3.4 square
kilometres). The drill program completed focused on the southern half of the target with drilling
completed over a strike length of 1.7 kilometres and a width of at least 600 metres. All drillholes
intersected long sections of well-serpentinized peridotite and minor dunite with disseminated and visible
nickel sulphide mineralization consisting primarily of pentlandite and heazlewoodite. The Company has
drilled a total of 39 holes to date at Mann West (Figure 2), with 31 holes drilled during the 2024 program.
With this drilling, the Company has completed the first phase of exploration that is required for an initial
resource estimate, expected in the first quarter of 2025. Assays from 16 additional holes are presented in
this release.
Figure 1 - Mann Properties
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Table 1 – Drilling highlights Mann Properties
Hole ID From
(m) To (m) Length
(m)* Ni % Co % Pd g/t Pt g/t Cr % Fe % S %
Mann West
MAN24-42 9.0 345.2 336.2 0.24 0.012 0.004 0.007 0.20 6.40 0.068
and 371.7 402.0 30.3 0.19 0.010 0.003 0.005 0.38 6.82 0.053
MAN24-61 17.8 374.3 356.5 0.28 0.012 0.033 0.017 0.26 5.98 0.133
including 75.0 112.5 37.5 0.52 0.013 0.107 0.058 0.14 5.80 0.203
MAN24-70 18.0 501.0 483.0 0.24 0.011 0.007 0.008 0.27 6.12 0.067
including 144.0 172.5 28.5 0.29 0.011 0.007 0.007 0.14 5.52 0.076
MAN24-73 74.2 500.4 426.2 0.25 0.012 0.009 0.009 0.25 6.30 0.061
MAN24-74 7.9 278.5 270.6 0.19 0.014 0.027 0.016 0.40 7.40 0.057
including 25.5 31.5 6.0 0.31 0.013 0.028 0.013 0.82 6.67 0.125
and 318.0 402.0 84.0 0.24 0.013 0.003 0.005 0.16 7.45 0.026
MAN24-76 12.6 495.0 482.4 0.26 0.011 0.011 0.010 0.16 5.95 0.042
including 81.0 117.0 36.0 0.29 0.012 0.036 0.014 0.16 6.11 0.089
and 162.0 196.5 34.5 0.31 0.011 0.010 0.012 0.13 5.24 0.024
MAN24-78 19.4 402.0 382.6 0.24 0.013 0.012 0.010 0.38 6.54 0.053
including 261.0 294.0 33.0 0.30 0.013 0.031 0.021 0.52 6.67 0.100
including 274.5 282.0 7.5 0.41 0.015 0.057 0.027 0.72 6.95 0.178
MAN24-82 22.0 481.5 459.5 0.21 0.012 0.017 0.016 0.37 6.76 0.047
including 61.5 360.0 298.5 0.25 0.012 0.019 0.013 0.35 6.17 0.050
including 255.0 277.5 22.5 0.30 0.013 0.025 0.014 0.58 5.91 0.069
MAN24-83 6.0 403.0 397.0 0.21 0.013 0.016 0.011 0.58 7.43 0.087
including 144.0 195.9 51.9 0.27 0.014 0.030 0.024 0.68 7.87 0.064
and 305.5 336.0 30.5 0.27 0.013 0.019 0.009 0.60 6.30 0.080
MAN24-85 69.0 493.0 424.0 0.25 0.012 0.012 0.008 0.26 6.25 0.042
MAN24-86 14.2 462.0 447.8 0.23 0.012 0.006 0.006 0.41 6.33 0.027
MAN24-89 99.0 191.2 92.2 0.22 0.012 0.013 0.009 0.47 6.71 0.042
and 210.6 428.9 218.3 0.24 0.012 0.009 0.008 0.35 6.31 0.053
including 386.0 395.0 9.0 0.35 0.013 0.054 0.020 0.75 6.45 0.120
MAN24-92 27.4 426.9 399.5 0.25 0.012 0.016 0.008 0.39 6.27 0.046
including 267.0 286.5 19.5 0.34 0.015 0.083 0.034 0.66 6.57 0.114
and 324.0 349.5 25.5 0.30 0.012 0.037 0.015 0.57 6.29 0.125
and 433.6 501.0 67.4 0.20 0.013 0.013 0.021 0.50 7.35 0.047
MAN24-93 18.0 391.0 373.0 0.24 0.012 0.009 0.007 0.34 6.43 0.039
and 406.8 470.0 63.2 0.16 0.011 0.005 0.004 0.36 7.34 0.031
MAN24-94 102.0 501.0 399.0 0.24 0.012 0.012 0.009 0.39 6.50 0.039
including 400.5 415.5 15.0 0.30 0.011 0.044 0.021 0.57 6.57 0.083
MAN24-97 18.0 360.0 342.0 0.21 0.013 0.015 0.009 0.37 6.63 0.053
and 406.5 501.0 94.5 0.23 0.012 0.003 0.003 0.39 7.10 0.021
*True width undetermined. All lengths are drillhole lengths.
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Figure 2 - Mann West
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Mann South
This target is approximately 5.9 kilometres long by up to 1.2 kilometres wide, having an arcuate and
irregular shape, with an overall area of 4.1 square kilometres. The Company's drill program at Mann South
started in August 2024 consisting of 20 drillholes, all of which intersected serpentinized peridotite and
dunite. Assay results for 11 drillholes are provided in this release with nine drillhole assay results still
pending. Mineralogical analyses are underway to help identify and prioritize the best areas, although
almost half of the strike length of the target remains untested (Figure 3).
Table 2 – Mann South drilling Highlights
Hole ID From
(m) To (m) Length
(m)* Ni % Co % Pd g/t Pt g/t Cr % Fe % S %
Mann South
MAN24-66 39.0 139.5 100.5 0.23 0.013 0.003 0.003 0.29 8.03 0.070
and 187.5 402.0 214.5 0.18 0.013 0.003 0.004 0.43 6.61 0.019
MAN24-72 54.5 501.0 446.5 0.20 0.013 0.005 0.006 0.43 6.80 0.019
MAN24-75 16.9 420.0 403.1 0.24 0.010 0.018 0.006 0.30 7.92 0.051
MAN24-77 39.0 46.0 7.0 0.44 0.017 0.051 0.126 0.57 9.28 0.036
and 60.0 448.5 388.5 0.14 0.014 0.019 0.013 0.41 6.96 0.016
MAN24-81 44.3 552.0 507.7 0.24 0.011 0.003 0.003 0.38 7.55 0.056
MAN24-84 28.4 501.0 472.6 0.24 0.011 0.003 0.003 0.42 7.70 0.057
MAN24-90 49.3 501.0 451.7 0.23 0.012 0.004 0.005 0.37 6.33 0.015
MAN24-91 49.0 323.3 274.3 0.17 0.013 0.004 0.004 0.44 6.93 0.043
and 338.7 483.0 144.3 0.22 0.012 0.003 0.003 0.37 6.13 0.021
MAN24-99 51.3 402.0 350.7 0.17 0.013 0.004 0.012 0.46 6.60 0.011
MAN24-100C 21.0 112.4 91.4 0.16 0.014 0.036 0.096 0.37 7.46 0.010
and 131.0 172.0 41.0 0.22 0.012 0.010 0.010 0.61 5.69 0.031
and 340.5 378.4 37.9 0.19 0.013 0.005 0.003 0.56 6.52 0.027
MAN24-103 34.0 402.0 368 0.24 0.012 0.027 0.003 0.36 7.67 0.016
*True width undetermined. All lengths are drillhole lengths.
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Figure 3 - Mann South
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Mann Central
The outline of the ultramafic body at Mann Central is estimated by magnetics to be 4.5 kilometres long
and between 0.5 to 1.0 kilometres wide (or 3.1 square kilometres). Drilling at this target was completed
during the spring/summer of 2024 and now totals 32 drillholes, 27 of which were drilled during the 2024
program. Mineralization is more consistent near the center of the target over an area of 1.9 kilometres
by 600 metres (1.1 square kilometres). This release provides an update for four drillholes (Table 3), all of
which intersected peridotite.
Anomalous platinum group metals (PGM) consisting of platinum (Pt) and palladium (Pd) were identified
in several holes, predominantly within pyroxenite units near the peridotite contacts on all properties
(Table 4).
Table 3 – Mann Central drilling Highlights
Hole ID From
(m) To (m) Length
(m)* Ni % Co % Pd g/t Pt g/t Cr % Fe % S %
Mann Central
MAN24-41 111.9 153.0 41.1 0.18 0.012 0.004 0.005 0.52 7.42 0.096
MAN24-48 75.0 402.0 327.0 0.21 0.011 0.005 0.006 0.29 6.58 0.084
including 148.5 157.5 9.0 0.35 0.015 0.019 0.008 0.14 8.73 0.199
MAN24-64 14.3 48.5 34.2 0.22 0.012 0.005 0.008 0.18 6.66 0.584
and 55.8 334.9 279.1 0.19 0.012 0.014 0.017 0.40 7.00 0.053
MAN24-68 366.0 406.0 40.0 0.24 0.012 0.003 0.006 0.15 8.77 0.028
*True width undetermined. All lengths are drillhole lengths.
Table 4 – Mann Properties PGM Highlights
Hole ID From
(m)
To
(m)
Length
(m)
Pt+Pd
(g/t)
Pd
g/t)
Pt
(g/t)
Ni
(%)
Co
(%)
Cr
(%)
Fe
(%)
S
(%)
Mann West
MAN24-74 278.5 309.0 30.5 0.48 0.28 0.20 0.037 0.007 0.394 5.763 0.011
MAN24-82 481.5 501.0 19.5 0.52 0.28 0.24 0.024 0.007 0.324 5.919 0.014
MAN24-97 378.5 400.5 22 0.40 0.23 0.17 0.040 0.008 0.360 5.179 0.018
Mann South
MAN24-66 160.0 180.7 20.7 0.49 0.33 0.16 0.026 0.005 0.362 3.957 0.017
MAN24-72 44.0 54.5 10.5 0.37 0.12 0.24 0.037 0.009 0.313 5.849 0.011
MAN24-77 37.0 60.0 23 0.55 0.16 0.39 0.216 0.012 0.409 6.386 0.016
and 444.0 457.5 13.5 0.34 0.10 0.24 0.098 0.013 0.596 6.776 0.015
and 492.0 529.5 37.5 0.35 0.14 0.21 0.055 0.008 0.499 5.450 0.008
MAN24-100C 75.0 91.5 16.5 0.53 0.11 0.42 0.131 0.013 0.314 6.600 0.011
and 112.4 131.0 18.6 0.82 0.31 0.51 0.064 0.009 0.474 5.288 0.006
and 172.0 196.5 24.5 0.77 0.32 0.46 0.048 0.009 0.518 5.375 0.007
Mann Central
MAN24-64 334.9 351.5 16.6 0.52 0.33 0.19 0.043 0.008 0.371 5.291 0.019
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Figure 4 - Mann Central
Table 5: Drillhole Orientation
Hole ID Easting (mE) Northing (mN) Azimuth (⁰) Dip (⁰) Length (m)
MANN WEST
MAN24-42 496024 5411983 35 -50 402
MAN24-61 496859 5412156 215 -50 402
MAN24-70 496492 5412296 215 -50 501
MAN24-73 496604 5412445 215 -50 500
MAN24-74 495656 5412189 215 -85 402
MAN24-76 496560 5412057 215 -50 495
MAN24-78 495969 5412226 215 -85 402
MAN24-82 495980 5412379 215 -50 501
MAN24-83 496980 5412318 215 -50 450
MAN24-85 496493 5412451 215 -50 493
MAN24-86 496442 5411894 215 -50 489
MAN24-89 496297 5412494 215 -50 495
MAN24-92 496177 5412332 215 -50 501
MAN24-93 496373 5412289 215 -50 471