A total of 34 holes have been drilled at Reid this year, all of which intersected mineralized dunite and minor peridotite. Assay results are complete for 18 holes, with 13 announced Aug. 8 and results for the remaining holes still pending.
Results for five holes were previously released on March 18 and May 6, 2024.
“With a target geophysical footprint larger than our flagship Crawford project and a width in the central core more than double Crawford, we look forward to the initial resource estimate for Reid expected to be released in the fourth quarter of 2024,” Canada Nickel CEO Mark Selby said in a news release.
Currently, seven drill rigs are active, targeting Reaume, Reid, Mann Central, Mann Northwest-SE and Mann Northwest-NE.
The Reid property is situated 16 km southwest of the Crawford nickel project, which is under construction. Crawford’s feasibility study, published late last year, includes a carbon capture…
