Back to mobile site

Canada Nickel reports drilling results from MacDiarmid property

July 7, 2025 8:42 AM EDT

Canada Nickel Company Inc. (TSXV: CNC) announced drilling results from its MacDiarmid nickel property in Ontario, with five holes testing the central region yielding multi-hundred meter intervals of nickel mineralization.

The drilling program identified mineralization extending over approximately 2,200 meters in strike length and 400 meters in width. The most significant result came from hole MAC 25-09, which intersected 0.25% nickel over 363 meters.

Other notable results include hole MAC25-07 with 0.26% nickel over 198.2 meters and 0.25% nickel over 175.2 meters in separate intervals, and hole MAC25-08 with 0.26% nickel over 232 meters.

The MacDiarmid property is located 23 kilometers southwest of the company's Crawford project and 27 kilometers northwest of Timmins, Ontario. The property hosts an ultramafic body measuring at least 3 kilometers in length and up to 600 meters in width.

Canada Nickel plans to commence a new exploration phase at its Midlothian property starting Monday. The company expects to publish initial resource estimates for its Mann Central and Texmont properties this week, which would represent the fourth and fifth resources in the Timmins Nickel District.

CEO Mark Selby stated the company anticipates publishing three additional resource estimates by year-end, bringing the total to nine including Crawford.

The company completed seven holes during the 2025 winter drilling campaign at MacDiarmid, with drilling intersecting serpentinized dunite and minor peridotite with disseminated nickel sulphide mineralization.

Canada Nickel trades on the TSX Venture Exchange under the symbol CNC and on the OTCQX under CNIKF.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News

Related Entities

Definitive Agreement, Maynard Um, Mark Zuckerberg, ARK