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Canada Nickel Company ( (TSE:CNC) ) has issued an update.
Canada Nickel Company has announced successful exploration results from its ‘Three Giants’ projects: Reid, Mann West, and Midlothian. The drilling results indicate high-grade nickel intervals, particularly at Mann West, and demonstrate the large-scale potential of the Timmins Nickel District. The company plans to publish additional resources by mid-2025, highlighting the vast nickel resources within the district.
More about Canada Nickel Company
Canada Nickel Company Inc. operates in the mining industry, focusing on the exploration and development of nickel resources. The company is primarily engaged in the exploration of nickel sulphide projects, with a significant emphasis on the Timmins Nickel District in Canada.
YTD Price Performance: 8.44%
Average Trading Volume: 21,439
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $130.4M
See more insights into CNC stock on TipRanks’ Stock Analysis page.