Class 1 Nickel and Technologies Limited (NICO.CN)
- GlobeNewswire
Class 1 Nickel Updates Resource Estimate on High-Grade Alexo North Nickel Sulphide Deposit – Significant Increases in Indicated Resources Over the 2020 Estimate
Indicated Resources (open pit and underground*) of 42,600 t at 0.92% Ni (864k lbs Ni) – 63% increase in Indicated tonnes and 8% increase in nickel pounds.Inferred Resources (open pit and underground*) of 500 t at 0.32% Ni (3k lbs Ni) – 100% increase in Inferred tonnes and 100% increase in nickel pounds.99.6% of the nickel pounds and 99% of the tonnes in Alexo North Deposit Mineral Resource Estimate are in the Indicated category with drilling planned to update to Measured.With only 1% of the Alex
- GlobeNewswire
Class 1 Nickel and Technologies Ltd. Completes Private Placement
TORONTO, May 13, 2024 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO/OTCQB: NICLF) ("Class 1 Nickel" or the "Company") is pleased to announce that it has completed a non-brokered private placement (the “Private Placement”) pursuant to which it has issued an aggregate of 10,400,000 common shares (the "Shares") at a price of $0.05 per Share to raise aggregate gross proceeds of $520,000. The Shares are subject to a statutory hold period expiring on September 14, 2024. Insiders
- GlobeNewswire
Class 1 Nickel Updates Resource Estimate on High-Grade Alexo South Nickel Sulphide Deposit – Significant Increases in Indicated and Inferred Resources Over the 2020 Estimate
Indicated Resources (open pit and underground*) of 572 kt at 0.61% Ni (7.7M lbs Ni) – 44% increase in Indicated tonnes and 10% increase in nickel pounds.Inferred Resources (open pit and underground*) of 125 kt at 0.54% Ni (1.5M lbs Ni) – 693% increase in Inferred tonnes and 419% increase in nickel pounds.84% of the nickel pounds and 82% of the tonnes in Alexo South Deposit Mineral Resource Estimate are in the Indicated category with drilling planned to update to Measured.With only 18% of the Ale
