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Class 1 Nickel & Technologies ( (TSE:NICO) ) has shared an update.
Class 1 Nickel & Technologies Ltd. has announced an updated mineral resource estimate for the Dundonald North Nickel Sulphide Deposit, revealing significant increases in tonnage and contained metals. The updated estimate shows a 31.4% increase in total tonnes, with notable rises in contained nickel, copper, and cobalt. This development highlights the potential for further exploration and resource expansion, positioning the company favorably within the nickel mining sector and offering promising opportunities for future drilling and development.
More about Class 1 Nickel & Technologies
Class 1 Nickel & Technologies Ltd. operates in the mining industry, focusing on the exploration and development of nickel sulphide deposits. The company is dedicated to building a robust portfolio of nickel resources, primarily within the Alexo-Dundonald Nickel Sulphide Project located in Ontario, Canada.
YTD Price Performance: 42.22%
Average Trading Volume: 1,078
Technical Sentiment Signal: Sell
Current Market Cap: $22.49M
Find detailed analytics on NICO stock on TipRanks’ Stock Analysis page.