Class 1 Nickel Announces Soaring Resource Estimates

Class 1 Nickel & Technologies Ltd. (TSE:NICO) has released an update.

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.

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