Canada Nickel files Technical Report on the Crawford Nickel Sulphide Project
Canada Nickel files Technical Report on the
Crawford Nickel Sulphide Project
TORONTO, August 23 , 2022 - Canada Nickel Company Inc. (TSX -V: CNC) (" Canada Nickel " or the
"Company") is pleased to announce that further to its news release dated July 6, 2022 it has filed on
SEDAR an independent technical report titled " Crawford Nickel Sulphide Project - NI 43-101 Technical
Report, Preliminary Economic Assessment & Upd ated Mineral Resource Estimate” (the " Technical
Report"). This report (the “Report”) was prepared by Caracle Creek International Consulting Inc (Caracle
Creek) with support from Ausenco Engineering Canada Inc. (Ausenco), and Wood Environment &
Infrastructure Solutions Canada Limited (Wood) (collec tively the “Authors”) for Canada Nickel Company
Inc. (CNC) to provide the updated mineral resource estimate as announced by CNC on July 6, 2022 and to
re-iterate the results of the Crawford Nickel Sulphide Project Preliminary Economic Assessment (PEA)
dated July 9, 2021 and with an effective date of May 21, 2021.
A copy of the Technical Report is available under the Company's profile page at www.sedar.com.
ABOUT CANADA NICKEL COMPANY
Canada Nickel Company Inc. is advanc ing 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 100% owned flagship Crawford Nickel-Cobalt 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
CHAIR AND CEO
PHONE: 647-256-1954
EMAIL: [email protected]
CAUTIONARY 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, drill
and exploration results relating to the target properties described herein (the "Properties"), the potential
of the Crawford Nickel Sulphide Project and the Properties and mineral resource estimates, the ability to
sell marketable materials, strategic plans, including future exploration and deve lopment 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 met als, 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, and the impact
of COVID -19 related disruptions in relation to the Company's bus iness operations including upon its
employees, suppliers, facilities and other stakeholders. 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 s uch 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, future events or otherwise, except as required
by law.