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Canada Nickel Files Bankable Feasibility Study For its Crawford Nickel Sulphide Project
Canada Nickel Files Bankable Feasibility Study For its Crawford Nickel Sulphide Project ...
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[{"type":"text","content":"\n \n \n \n Canada Nickel Files Bankable Feasibility Study For its Crawford Nickel Sulphide Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Nov. 24, 2023\n \n \n /CNW/ - Canada Nickel Company Inc. (\"Canada Nickel\" or the \"Company\") (TSXV: CNC) (OTCQB: CNIKF), has filed a Bankable Feasibility Study (\"BFS\") for its wholly-owned Crawford Nickel Sulphide Project (\"Crawford\") located in\n \n Timmins, Ontario, Canada\n \n . The BFS is available on\n \n www.sedarplus.ca\n \n and on\n \n www.canadanickel.com\n \n .  The BFS, titled, \"Crawford Nickel Sulphide Project NI 43-101 Technical Report and Feasibility Study\" was independently prepared by Ausenco Engineering Canada Inc. (\"Ausenco\"), in accordance with National Instrument 43-101  -\n \n Standards of Disclosure for Mineral Projects\n \n (\"NI 43-101\"), as previously announced in a news release dated\n \n October 12, 2023\n \n .\n \n \n \n \n \n \n \n \n \n Crawford, located in the\n \n Timmins\n \n nickel district, is the world's second largest nickel reserve1. Once in production, it is also expected to become one of\n \n Canada's\n \n largest carbon storage facilities and be a net negative contributor of CO\n \n 2\n \n over the project life.\n \n \n The previously announced highlights from the Crawford BFS are listed below (all amounts in US dollars, unless otherwise indicated).\n \n \n \n Crawford 2023 BFS Highlights\n \n \n \n \n Robust economics\n \n \n After-tax,\n \n $2.5 billion\n \n NPV\n \n 8%\n \n and 17.1% IRR; increasing to\n \n $2.6 billion\n \n NPV\n \n 8%\n \n and 18.3% IRR with projected Carbon Capture and Storage tax credits.\n \n \n \n \n Large initial mineral reserve anchored by significantly larger mineral resource\n \n \n Proven & P...