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Xander Resources Begins Exploration Work at the Timmins Nickel Project, Announces Non-Brokered Private Placement and Closing of Acquisition of Claims West of CNC's Crawford Project
(TheNewswire) NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. ...
About this update from Core Critical Metals Corp.
[{"type":"text","content":"Xander Resources Begins Exploration Work at the Timmins Nickel Project, Announces Non-Brokered Private Placement and Closing of Acquisition of Claims West of CNC's Crawford Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR\nDISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN\nOFFER OF THE SECURITIES DESCRIBED HEREIN\n \n \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire -\n \n \n November 17, 2022 – Xander Resources Inc.\n(“Xander” or the “Company”) (TSXV:XND) (OTC:XNDRF) (FSX:1XI)\n \n \n a North American mineral acquisition and\nexploration company focused on the development of drill-ready battery\nand precious metal projects, is pleased to announce that its technical\nteam has mobilized and arrived onsite in preparation for the start of\ndrilling for its near-term drill program at its Timmins Nickel\nProject (the “Project”) in\n \n \n located in\nTimmins, Ontario. The Company has begun clearing access roads and the\nconstruction of\n \n \n drill pads in preparation for\ndrilling.\n \n \n \n \n The drill program will commence in the coming weeks and\nis anticipated to comprise between 2,500 and 4,000 metres with a focus\non the Company’s “North Block” of claims, in particular near\nCanada Nickel Company’s (“CNC”) recently identified Reid\nDiscovery which has already through early exploration delineated a\nmineralized footprint 90% as large as CNC’s Crawford Project where\nCNC has completed a preliminary economic assessment only 20 months\nafter the commencement of exploration drilling that indicates 25-year\nmine with an after-tax NPV\n \n \n 8%\n \n \n of $1.2 billion.\n \n \n \n \n Deepak Varshney, CEO of Xander\nResources stated: “We are very excited to have boots on the ground\nand look forward to the start of drilling and beginning our journey in\nTimmins. Commencing exploratory drilling is an important milestone and\nwe believe that this project is part of the journey we will need to\ntake in North America to secure a domestic supply of nickel.”\n \n \n \n \n The Company is also pleased\n \n \n to\nannounce that, subject to the approval of the TSX Venture Exchange\n(the “\n \n \n...