Tier-1 Location in the Timmins mining camp, one of the most highly prolific mining districts in the world, and the number one district in Canada The ever-expanding mining camp has been in production for over 100 years and is well supported with infrastructure including highways, relatively inexpensive hydroelectric power, a skilled workforce, and of course, is situated in the mining-friendly jurisdiction of Ontario, the second-largest producer of nickel in the world.
Large Historic Resources With a legacy of over 100 years of continuous production, Timmins has delivered more than:
77 million ounces of gold
312 million ounces of silver
16 billion lbs. of zinc
12 billion lbs. of copper
82 million lbs. of nickel
Strategically Situated Adjacent to and along trend with the high-profile Crawford Project and Reid Discovery from Canada Nickel Company Inc. (TSX.V: CNC) with a current market capitalization of $175 million.
Strong Initial Results Nickel mineralization confirmed in both North and South Blocks.
Drill-Ready with Approved Permits Fully permitted with defined targets, enabling immediate drilling to expand known mineralization.
Timmins North Nickel Project : NORTH BLOCK
The “North Block” consists of 236 claims located approximately 21 kilometres west of Canada Nickel Company’s (CNC’s) Crawford Project.
Only 8 holes drilled (NKV22-01 to 03, NKV23-01 to 03). Notable result: Hole NKV22-03 intersected 11.5 m of 0.15% nickel from 244 m depth.
This early-stage drilling confirms nickel-bearing ultramafic rocks and validates the geophysical targeting strategy. The next phase will include further drill testing and data integration to expand known mineralization.
Geophysical surveys have been completed, including VTEM, that have outlined a series of conductors.
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Timmins North Nickel Project : SOUTH BLOCK
The “South Block” consists of 50 claims contiguous to Canada Nickel’s MacDiarmid Project.
Potential to use Glencore’s nearby Kidd Creek Mill for smaller scale start-up.
Historic exploration work includes limited drilling with 0.132% Ni
Geophysical surveys reveal the MacDiarmid target to be approximately 1.8 kilometers long indicating a structural footprint averaging 400 meters in width and 15% larger than CNC’s original Crawford’s Main Zone discovery.