Class 1 Nickel and Technologies Ltd. is pleased to announce an updated mineral resource estimate for the Dundonald South Nickel Deposit . The D-S Deposit is one of 4 nickel deposits within the sizeable Alexo-Dundonald Nickel Sulphide Project , located about 45 km northeast of the City of Timmins, Ontario, and covering about 1,895 hectares [...]
Class 1 Nickel and Technologies Ltd. is pleased to provide an update on its advanced nickel sulphide project located about 45 km northeast of the City of Timmins, Ontario. Work is near-complete on the delivery of an updated Mineral Resource Estimate for the Dundonald South Nickel Deposit, one of 4 nickel deposits within the Alexo-Dundonald Nickel [...]
Class 1 Nickel and Technologies Ltd. reports that, further to the news release dated 22 May 2024, it has filed the National Instrument 43-101 Technical Report in support of an updated Mineral Resource Estimate for its Alexo North Nickel Sulphide Deposit dated 5 July 2024 and with an effective date of 21 May 2024. The NI 43-101 report is available [...]
Class 1 Nickel and Technologies Ltd. reports that further to its news release dated 24 April 2024, it has filed the National Instrument 43-101 Technical Report in support of an updated mineral resource estimate for its Alexo South Nickel Sulphide Deposit dated 7 June 2024, with an effective date of 19 April 2024, is available on SEDAR+ and on the [...]
Indicated Resources of 42,600 t at 0.92% Ni - 63% increase in Indicated tonnes and 8% increase in nickel pounds. Inferred Resources of 500 t at 0.32% Ni - 100% increase in Inferred tonnes and 100% increase in nickel pounds. 99.6% of the nickel pounds and 99% of the tonnes in Alexo North Deposit Mineral Resource Estimate are in the Indicated [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed a non-brokered private placement pursuant to which it has issued an aggregate of 10,400,000 common shares at a price of $0.05 per Share to raise aggregate gross proceeds of $520,000. The Shares are subject to a statutory hold period expiring on September 14, 2024 [...]
Indicated Resources of 572 kt at 0.61% Ni - 44% increase in Indicated tonnes and 10% increase in nickel pounds. Inferred Resources of 125 kt at 0.54% Ni - 693% increase in Inferred tonnes and 419% increase in nickel pounds. 84% of the nickel pounds and 82% of the tonnes in Alexo South Deposit Mineral Resource Estimate are in the Indicated category [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that Caracle Creek Chile SpA and their strategic partner Atticus Geoscience Consulting Ltd. have completed the first stage of a comprehensive independent review of both the Alexo-Dundonald and Somanike nickel projects. Work is near-complete on the delivery of an updated Mineral Resource [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue up to 15,000,000 common shares of the Company at a price of $0.05 per Subject Share. Insiders may subscribe in the Private Placement. The Company proposes to use the net proceeds from the Private [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has granted an aggregate of 11,765,502 stock options to service providers of the Company, including directors and officers. The stock options are each exercisable to acquire one common share of the Company at an exercise price of Cdn$0.07 until March 27, 2027. The options vest [...]
Class 1 Nickel and Technologies Ltd. announces that it has cancelled an aggregate of 11,765,502 stock options of the Company. Of these stock options cancelled, an aggregate of 11,165,502 stock options were exercisable to acquire common shares of the Company at an exercise price of $0.60 until June 11, 2024, and the balance of 600,000 stock options [...]
Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which it has issued convertible debentures in the aggregate principal amount of Cdn$400,000 . The Debentures have a three-year term and bear an interest rate of 2% per annum. The principal amount [...]