Canada Nickel's Crawford Nickel Project Named Under Ontario's One Project, One Process Framework

Executive Summary

• Canada Nickel’s Crawford Nickel Project was officially designated as the second project to advance under Ontario’s new “One Project, One Process” (1P1P) permitting framework.
• The designation highlights the project's advanced status, strategic importance to Ontario’s Critical Minerals Strategy, and supports accelerated construction plans slated for year‑end.
• Independent analysis estimates the Crawford project will generate > $70 billion in GDP over a 40+‑year life, create ~1,000 direct jobs and 3,000 indirect/induced jobs, and store up to 1.5 Mt of CO₂ annually via patented In‑Process Tailings Carbonation technology.

Key Details

• Designation: Crawford Nickel Project named as the second project under Ontario’s 1P1P framework, aligning permitting timelines across provincial ministries.
• Strategic Significance: Recognized as a cornerstone of Ontario’s Critical Minerals Strategy and Canada’s effort to reduce reliance on foreign nickel supply chains.
• Economic Impact: Projected > $70 billion total GDP contribution over its life; ~ $67 billion attributable to Ontario alone.
• Employment: Expected 1,000 direct jobs and 3,000 indirect/induced jobs during construction and operation phases.
• Environmental Benefit: In‑Process Tailings (IPT) Carbonation technology projected to permanently store up to 1.5 Mt of CO₂ per year, positioning Crawford as a net‑zero carbon nickel mine.
• Regulatory Milestones: First Canadian mining project to submit an Impact Statement under the amended Impact Assessment Act (Nov 2024); referred to Federal Major Projects Office (Nov 2025).
• Funding Outlook: Company intends to leverage Ontario’s newly announced Critical Minerals Processing Fund to support construction commencement by year‑end.
• Qualified Person: Stephen J. Balch, P.Geo., VP Exploration, Canada Nickel – verified technical data per NI 43‑101 standards.

Notable Quotes

“We congratulate Canada Nickel in their announcement today as to its Crawford Nickel Project being formally named for the Province of Ontario’s One Project, One Process. We believe this is a huge step forward in the potential development of the Crawford deposit.” – Vance White, CEO, Noble Mineral Exploration

“Ontario is moving at lightning speed to open this 100% Canadian owned mine to create 4,000 jobs for Canadian workers… we are going full‑tilt to unlock one of the world’s largest nickel deposits.” – Stephen Lecce, Minister of Energy and Mines

“Crawford is purpose‑built to anchor a new low‑carbon mining and clean metals manufacturing corridor in Northeastern Ontario…” – Mark Selby, CEO, Canada Nickel Company