• This company is completing a NI 43-101 compliant resource for its NISK high-grade nickel sulphide project in Quebec. NISK contains class 1 nickel; the type used in lithium-ion batteries of electric vehicles/EVs.
    • Since our previous report in December 2022, the company has completed a 15,000 m drill program that was initiated in H2-2022. The program encountered multiple high-grade zones, and expanded the known mineralized envelope from 1.5 km long x 0.50 km wide x 0.35 km deep, to 1.70 km long x 0.50 km wide x 0.65 km deep.
    • Based on our review of all the published data and maps, we believe the Nisku Main zone has potential for 188 Mlbs Nickel Equivalent (NiEq). This is in comparison to the project’s historic resource of 92 Mlbs, grading 1.4%. We consider grades of >1% NiEq high.
    • This company is pursuing a geophysical survey to identify new targets for a 15,000 m drill program in H2-2023.
        • This report is currently available to premium subscribers – Free subscribers will gain access on Jul 13th, 2022
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