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Xander Resources Commences Fieldwork at Timmins Nickel Project

(TheNewswire) Vancouver, British Columbia - TheNeswire - November 4, ...

articleCore Critical Metals Corp.November 4, 20215/company/core-critical-metals-corp/news/xander-resources-commences-fieldwork-at-timmins-nickel-project
Xander Resources Commences Fieldwork at Timmins Nickel Project

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[{"type":"text","content":"Xander Resources Commences Fieldwork at Timmins Nickel Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, British Columbia -\n \n \n TheNeswire -\n \n \n November 4, 2021 - Xander Resources Inc.\n(“Xander” or the “Company”) (TSXV:XND) (OTC:XNDRF) (FSX:1XI)\n \n \n is pleased to announce that further to its news\nrelease dated November 1, 2021, it has commenced fieldwork at its\nTimmins Nickel Project\n \n \n (the “\n \n \n Property\n \n \n ”) located\nin Timmins, Ontario.\n \n \n \n \n The primary purpose of the initial reconnaissance\nprogram will be to build upon the\n \n \n airborne\ngeophysical survey work completed previously (Geotech’s Helicopter\nBorne VTEM) which has delineated a series of high-priority\nelectromagnetic anomalies within the Property (Figure 1) through a\nsoil sampling program, and to\n \n \n assess access for\nfuture work including its planned drill program in early 2022.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Figure\n \n \n \n \n 1\n \n \n -\nLocation of VTEM Conductors on the North Claim Block\n \n \n \n \n \"We are thrilled to start our work program at\nTimmins. We look forward to the results of the reconnaissance program\nas we move towards a more comprehensive program in the future\"\nstated Deepak Varshney, CEO of Xander Resources.\n \n \n \n \n The\nProperty\n \n \n \n \n The Property consists of two (2) separate mineral claim\nblocks and is located within the Timmins mining camp in Ontario,\nCanada, a highly prolific mining complex with over 100 hundred years\nof history and well supported by major infrastructure including\nhighways, rail, and relatively inexpensive hydroelectric power.\n \n \n \n \n The “North Block” consists of 236 claims located\napproximately 21 kilometres west of Canada Nickel Company’s\n(CNC’s) Crawford Project (as shown in Figure 2 below) where CNC has\ncompleted a preliminary economic assessment only 20 months after the\ncommencement of exploration drilling that indicates 25-year mine with\nan after-tax NPV\n \n \n 8%\n \n \n of $1.2\nbillion\n \n \n \n \n i\n \n \n \n \n . It is also\nsituated southwest of Kingsmill, Mahaffy-Aubin, and Nesbitt North,\nproperties acquired from Noble Mineral Exploration by Canada Nickel\nthrough option agreements earl...

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