A complete of 34 holes have been drilled at Reid this 12 months, all of which intersected mineralized dunite and minor peridotite. Assay outcomes are full for 18 holes, with 13 introduced Aug. 8 and outcomes for the remaining holes nonetheless pending.
Outcomes for 5 holes have been beforehand launched on March 18 and Could 6, 2024.
“With a goal geophysical footprint bigger than our flagship Crawford mission and a width within the central core greater than double Crawford, we look ahead to the preliminary useful resource estimate for Reid anticipated to be launched within the fourth quarter of 2024,” Canada Nickel CEO Mark Selby stated in a information launch.
At the moment, seven drill rigs are lively, focusing on Reaume, Reid, Mann Central, Mann Northwest-SE and Mann Northwest-NE.
The Reid property is located 16 km southwest of the Crawford nickel mission, which is beneath building. Crawford’s feasibility examine, printed late final 12 months, features a carbon seize course of that can be used on the mill, in addition to by third events.
The primary manufacturing at Crawford is deliberate by year-end 2027, with an anticipated annual output of 45,000 tonnes of nickel.