Canada Nickel Company (TSE:CNC) has released an update.
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Canada Nickel Company has announced an initial resource estimate for its Reid Nickel Sulphide Project, revealing significant potential with 0.59 billion tonnes of indicated resources and 0.99 billion tonnes of inferred resources. This project is part of a larger effort to explore the Timmins Nickel District, with the Reid resource being more than twice the size of the company’s initial Crawford project. The development of Reid indicates promising growth prospects for Canada Nickel in the nickel industry.
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