Northwire Canada EditionSunday, August 16, 2026
Northwire
ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2%
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Canada Nickel Announces Significant Awaruite at Midlothian Property

Advancing the Timmins Nickel District toward a zero-carbon future through large-scale sulphide deposits and innovative carbon sequestration.

Executive Summary

The most recent news (February 26, 2026) announces significant mineralogical results from the Midlothian property. Analysis confirms that 79% of the nickel is contained in awaruite (a high-grade nickel-iron alloy). Davis Tube Recovery (DTR) tests showed grades of 0.12% to 0.15% nickel. Furthermore, the brucite content averages 5.6%, which is 2.5 times higher than the flagship Crawford project, suggesting significantly higher carbon sequestration potential. CEO Mark Selby noted that these results were achieved at a coarser grind than other deposits, implying potential for even higher recovery with finer grinding.

Material Impact

The impact is Routine - Positive. While the mineralogical confirmation of awaruite and high brucite content is technically excellent and improves the potential economics of Midlothian, it is an incremental step in a long-term exploration program. The market was already aware of Midlothian’s scale (initial resource filed Feb 3, 2026). The news validates the "Three Giants" strategy but does not change the immediate financial or development status of the company, which remains focused on the Crawford construction decision. The high brucite content is a material "green" differentiator but requires commercial-scale validation.

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Company Overview

Canada Nickel is developing the Timmins Nickel District in Ontario. Its flagship is the Crawford Nickel Sulphide Project, one of the world's largest nickel sulphide discoveries. The project has a 40+ year mine life and is being designed as a zero-carbon operation using proprietary IPT Carbonation technology.

Read the original news release →

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