Class 1 Nickel & Technologies Ltd. (TSE:NICO) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Class 1 Nickel & Technologies Ltd. has reported a substantial growth in their Alexo South Nickel Deposit resources, with a notable 44% increase in indicated resources and a staggering 693% surge in inferred resources compared to the 2020 estimate. The majority of the deposit’s nickel resources are now in the indicated category, which the company aims to convert to measured with further drilling. This update highlights the potential for resource expansion at one of the four high-grade nickel deposits at the company’s Alexo-Dundonald Nickel Project in Ontario.
For further insights into TSE:NICO stock, check out TipRanks’ Stock Analysis page.