Power Nickel, which entered the project in 2021, noted it plans to deploy additional drilling rigs and advance exploration over the summer.
NISK, in Quebec’s James Bay region, is expected to become Canada’s first carbon-neutral nickel mine by using carbon capture and hydroelectric power.
The company has partnered with Australia-based Fleet Space Technologies to use ambient noise tomography to explore for nickel. The method uses satellites and hand-held devices to capture background vibrations and develop 3D images of the subsurface down to 2 km in depth.
Historic nickel source
Inco, now a part of Vale (NYSE: VALE), discovered nickel in the area in 1962. Golden Goose Resources produced a historical resource for NISK in 2008 of 2 million measured and indicated tonnes and 783,000 inferred tonnes. Critical Elements Lithium (TXS-V: CRE) bought the site in 2014, but little work was done.
NISK holds 4.9 million indicated tonnes…
