Canada Nickel Company Announces Initial Deloro Nickel Sulphide Project Resource
The mining industry in Canada continues to be a significant contributor to the country’s economy, with various projects and developments constantly being announced. One such recent development is the announcement by the Canada Nickel Company of the initial resource estimate for the Deloro Nickel Sulphide Project. This project, located in eastern Ontario, has the potential to be a significant nickel deposit in Canada and represents a promising opportunity for the company.
The initial resource estimate for the Deloro Nickel Sulphide Project is reported to be 4.28 million tonnes with an average grade of 0.99% nickel, 0.03% copper, and 0.04 g/t PGM+Au. This estimate is based on drilling results from the 2021 exploration program, which focused on defining the mineralization at the project site. The company has expressed optimism about the potential for further resource expansion at Deloro, as exploration efforts continue to uncover additional mineralization.
Canada Nickel Company’s CEO, Mark Selby, has highlighted the strategic importance of the Deloro Nickel Sulphide Project within the company’s portfolio. The project’s proximity to the company’s Crawford Nickel-Cobalt Sulphide project is seen as a logistical advantage, providing an opportunity for potential synergies and operational efficiencies in the future. Selby also emphasized the positive implications of the initial resource estimate for advancing the project through further exploration and development stages.
In addition to the resource estimate, the company has also announced plans for metallurgical testing to evaluate the potential for processing the nickel sulphide mineralization at Deloro. This testing will be crucial in determining the optimal processing methods for extracting nickel and other valuable metals from the ore. The results of the metallurgical testing will inform the company’s decisions regarding the next steps in advancing the project towards potential production.
The announcement of the initial resource estimate for the Deloro Nickel Sulphide Project represents a significant milestone for the Canada Nickel Company. The project’s promising mineralization, combined with its strategic location and potential synergies with existing projects, position it as a key asset within the company’s growing portfolio. As exploration and development activities at Deloro continue, the company remains focused on unlocking the full potential of this nickel deposit and creating long-term value for its stakeholders.