SPC Nickel Reports Positive Metallurgical Results from the West Graham Project, Sudbury, Ontario

The most recent news (February 27, 2026) reports positive metallurgical results from the West Graham Project in Sudbury. Testing confirmed that the mineralization responds well to conventional flotation flowsheets used in the Sudbury Basin. Key results include a 70% nickel recovery (equivalent to 96% of nickel present in sulphides) and 85% copper recovery into a combined concentrate grading 14.8% Cu+Ni. Crucially, the testing showed no penalty elements, suggesting the concentrate could be seamlessly integrated into existing local smelting and refining infrastructure as a blended feed. Additionally, recent drilling at the LKE (Lockerby East) target intersected 49.0 metres of mineralization with a strong off-hole EM anomaly (4,000 Siemens) identified up-dip.

The news is Routine - Positive. While the results are technically excellent and de-risk the project significantly, metallurgical testing is a standard milestone for a project at this stage. The "Routine" classification stems from the fact that the market generally expects Sudbury-basin ores to be compatible with Sudbury-basin mills; however, the high recovery of nickel sulphides (96%) and the absence of deleterious elements are strong positives that support the project's eventual "toll-milling" or "off-take" potential. The identification of a high-conductance EM anomaly at LKE adds immediate exploration upside but requires drill verification to be considered a "Game Changer."

SPC Nickel is a Canadian explorer focused on Ni-Cu-PGM assets. Its flagship is the Lockerby East Project (including the West Graham deposit) in Sudbury, Ontario. The project hosts a significant disseminated sulphide resource adjacent to the past-producing Lockerby Mine. The company is also advancing the Muskox Project in Nunavut, a district-scale (496 sq. km) mafic-ultramafic intrusion with geological similarities to the world-class Norilsk-Talnakh deposits.