Page 19 Corporate Office 130 King St W est Suite 1900 T oronto ON M5X 1E3 i nfocanadanickelcom T witter CanadaNickel 1 647 2561954 TSXV CNC Delivering the Next Generation of Nickel Sulphide Projects www canadanickelcom Canada Nickel CNC owns 100 of the Crawford NickelCobalt Sul phide project A new nickel discovery with large scale potential in an establis hed mining camp adjacent to existing infrastructure north of T immins Ontario Canada Proud to be part of T immins Mining W eek W e are well financed to complete a PEA on the Crawford Project after completing a 44 million financing in May 2020 CNC has 67 million shares outstanding Exploration Mgr Bill MacRae ways been a very high demand growth metal said Selby in a recent television interview Selby and other nickel producers are hopeful that as the demand for nickel grows so too will the price Canada Nickel consolidated the project from two other junior companies in late 2019 to pursue this project Noble Minerals and Spruce Ridge The company s Exploration Manager Bill Mac Rae has been with the project since 2018 when they drilled their frst set of holes by Spruce Ridge Resources The Crawford Project site which straddles high way 655 between the Kidd Creek Mine and the town of Cochrane was frst drilled by INCO in 1965 and 1966 INCO was looking for a large nickel deposit be cause of the large magnetic anomaly they were aware of at that time MacRae told Mining Life The grade was low for them at that time so they didnt do anything about it When the assays came back Spruce Ridge was able to reproduce the same values that INCO uncovered more than fve decades earlier As of midMay the company was approaching 50 drill holes according to MacRae Financial markets were encouraged by what turning heads with they saw The company went to market to raise 25 million and they ended up raising 44m MacRae says Canada Nickel is planning a series of largediameter drilling that will help better defne what is in the ground As for the palladium and platinum content the com pany is still modeling what theyve discovered before they can include it in the resource estimates MacRae says the company expects to fnalize another resource estimate by the summer or at the very latest the fall I think we will move well up on that chart said Mac Rae referencing the company s estimate that it sits with the 12th largest global nickel deposit Interestingly in its most recent presenta tion the company ref erences market data supplied by Glencore as well as identify ing the proximity of the Glencoreowned Kidd Creek Metallurgi cal Complex MLEN SPRING 2020 Page 19