Canada Nickel makes new discovery at Newmarket, drills 0.4% nickel at Reid

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Mark Selby, CEO of Canada Nickel, said: “Our 2024 exploration program has started very strongly with the best drill interval to date at Reid and a new discovery at Newmarket. The long drill interval of higher-grade material at Reid is very encouraging and the first section delineating an over-800-metre width of target ultramafic sequence – nearly two times thicker than Crawford – highlights the very large-scale potential of this property.

“The initial Newmarket results are also very encouraging, despite the fact we were only able to drill at the least attractive geophysical target due to seasonal logistical constraints,” he continued. “This initial drilling occurred on the edge of the eastern end of the 7-km long Newmarket target, which is contiguous with the Mann Southeast target and is part of an overall geophysical target more than three times larger than Crawford,” Selby continued.

The Newmarket target is 35 km…

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