Northwire Canada EditionSaturday, August 22, 2026
Sign inSubscribe
Northwire
⌕
RCK 0.720 +2.9% SGML 16.03 +8.1% BKM 2.80 +0.0% CGNT 1.25 +2.5% TTS 2.10 −17.6% SVRS 0.500 +0.0% FMM 0.050 +0.0% GSPR 0.105 −4.5% MKO 14.50 +0.2% EVER 0.510 −1.9% HSTR 2.32 +0.0% MERG 0.880 +4.8% THM 1.20 −0.8% MON 0.660 +3.1% ELEF 0.145 +7.4% FAIR 0.065 +8.3% RCK 0.720 +2.9% SGML 16.03 +8.1% BKM 2.80 +0.0% CGNT 1.25 +2.5% TTS 2.10 −17.6% SVRS 0.500 +0.0% FMM 0.050 +0.0% GSPR 0.105 −4.5% MKO 14.50 +0.2% EVER 0.510 −1.9% HSTR 2.32 +0.0% MERG 0.880 +4.8% THM 1.20 −0.8% MON 0.660 +3.1% ELEF 0.145 +7.4% FAIR 0.065 +8.3%
Technical Study

Canada Nickel files NI 43-101 reports

By The Northwire Desk — AI Analysis Feb 03, 2026 · 14:19 CNC · 1.92 Canada Nickel Company Inc.
CNC · Price

Executive Summary

  • Canada Nickel Company Inc. filed independent NI 43-101 technical reports supporting the initial mineral resource estimates for its 100%-owned Midlothian and Bannockburn nickel sulphide projects near Timmins, Ontario.
  • The technical reports confirm the mineral resource estimates previously disclosed in a news release dated December 18, 2025, with no material differences.
  • The company also announced an amendment to its option agreement for the Midlothian property, involving the issuance of shares to defer and settle a final cash option payment.

Key Details

  • Technical Report Filing:
    • Filed on SEDAR+ independent technical reports prepared in accordance with National Instrument 43-101.
    • Reports support initial mineral resource estimates for the Midlothian and Bannockburn projects.
    • Reports were issued on February 2, 2026.
    • Mineral resource estimates have an effective date of December 15, 2025.
    • Estimates were prepared following CIM (Canadian Institute of Mining, Metallurgy and Petroleum) definition standards for mineral resources and reserves (Nov. 29, 2019).
    • Prepared by Caracle Creek International Consulting Inc.
    • No material differences exist between these reports and the results disclosed in the company's news release dated December 18, 2025.
  • Option Agreement Amendment (Midlothian Property):
    • Canada Nickel entered into an amendment to its option agreement regarding the Midlothian property.
    • Canada Nickel agreed to issue a total of 27,400 common shares to the optionors.
    • Consideration: Deferral of the time of payment for the final cash option payment from November 2025 to January 2026.
    • Status: The final cash option payment of $200,000 has now been made.
  • Qualified Person:
    • Stephen J. Balch, PGeo (Ontario), Vice-President, Exploration, reviewed and approved the scientific and technical information.

Notable Quotes

  • None provided in the source text.
Read the original news release →

More from Canada Nickel Company Inc.

Aug 12, 2026 · 08:46

Canada Nickel raises c$15m in bridge financing to fund permitting at its Crawford project and repay existing debt.

Financings Aug 06, 2026 · 17:00

Canada’s infill drilling at Reid’s deposit returned a 1.01% nickel grade, supporting the bulk-tonnage thesis for the project.

Drill Results Jul 31, 2026 · 07:39

Canada secured final federal approval for its first major mine under the amended Mining Act.

Regulatory Jul 28, 2026 · 06:45

Canada extends its bridge to November, buying time for Crawford’s federal permit decision.

Financings Jul 23, 2026 · 08:56

Canada expands its district resource, confirming project scale while rising cash burn and bridge maturity necessitate future capital raises.

Resource Estimate Jul 21, 2026 · 06:45

Canada’s Crawford project nears a final federal permitting decision, clearing the path for a construction start decision in 2027.

Regulatory