Canada Nickel Company Inc · TSXV:CNC
Canada Nickel — Investor Presentation (February 2020)
24 slides from Canada Nickel's investor presentation, February 2020
Slide 1: Introduction to Canada Nickel Company
Introduction to Canada Nickel Company TSX-V: CNC February 2020
Slide 2: Forward Looking Statements
Forward Looking Statements This Presentation contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation about Canada Nickel Company Inc. (“CNC”). Forward-looking information includes statements about strategic plans, including futu
Slide 3: Why Invest in Canada Nickel?
Why Invest in Canada Nickel? Canada Nickel owns 100% of the Crawford Nickel-Cobalt project: A new nickel discovery with large scale potential in an established mining camp adjacent to existing infrastructure north of Timmins, Ontario, Canada. – Follow-up drilling in 2019 has outlined mineralization
Slide 4: Board and Management Team
Board and Management Team David Smith • Senior Vice-President, Finance and Mark Selby • Previous President and CEO of Royal Director Chief Financial Officer of Agnico Eagle Chairman, CEO Nickel Corporation P.Eng., C.Dir. Mines Limited. B.Com. • Corporate development, strategy, • Previously a mining
Slide 5: Nickel Demand: A Leader Among Metals
Nickel Demand A Leader Among Metals Nickel demand a leader among metals over the last decade (5%) driven by continued strong growth in stainless steel (5.4%) with little contribution from electric vehicles to date Base Metals & Other Metals Demand CAGR% (2007 - 2017) 5.4% 5.2% 5.0% 4.2% 3.8% 2.4% 2.
Slide 6: 2019 Base Metals - Supply and Demand
2019 Base Metals - Supply and Demand Nickelcontinued Nickel demand grew a further to have 9.4% during the highest demand2018 and 2019 growth of theoutpacing allmetals major base other inmajor both base 2018 metals. and 2019 Demand Growth – Base Metals 2018 & 2019f (YoY) 10% 9.4% 8% 2019 6% 3.8% 4.1%
Slide 7: Electric Vehicles to Drive Significant Additional Demand
Electric Vehicles to Drive Significant Additional Demand Recent Glencore presentation highlights massive growth expected in nickel demand from electric vehicles 7
Slide 8: Nickel Demand: EVs Going to Multiply Demand Requirements
Nickel Demand EVs Going to Multiply Demand Requirements By 2025, EV + 4% trend demand growth (slower than 5% trend) requires nearly 1 Mtpa of new supply. By 2030, 2.5 million tonnes (or double today) is required. 2.5 Mt would require (at best) - $50-$75 billion of new investment this decade. Increme
Slide 9: Nickel Supply - Significant Political Risk
Nickel Supply – Significant Political Risk Is there an ONEC in our future ?? Nickel supply facing increasing political risk as Indonesia now dominates nickel supply growth. Just 3 countries are expected to control as much of the nickel supply as OPEC did of global oil supply at its peak in 1973 Nick
Slide 10: Nickel Supply: Few Large Scale Nickel Sulphide Discoveries
Nickel Supply Few Large Scale Nickel Sulphide Discoveries Large nickel sulphide discoveries are rare - few projects with > 2Mt nickel 15.6 Nickel Sulphide Resources Total Contained (Ni kt) Top 10 + Selected Assets 5.7 5.5 4.8 4.0 3.8 3.6 3.6 2.7 2.4 1.9 0.9 0.7 0.4 0.3 Owner Norilsk RNC Jinchuan GIG
Slide 11: Crawford Nickel-Cobalt Project
Crawford Nickel-Cobalt Project Located in a well-established mining camp with infrastructure • World class jurisdiction Ontario, Canada • Established Timmins mining camp with 100 year history of mining • Adjacent to all major infrastructure • Active permitting and development of mines 11
Slide 12: Crawford: Part of Relatively Underexplored Property
Crawford Nickel-Cobalt Project Part of Relatively Underexplored Property Why Crawford undiscovered until now? • A few drill holes by Inco in 1960s in each large anomaly • Minimal exploration in 1970/1980s • Land owned by forestry company for several decades until acquired by Noble in 2011 12
Slide 13: Large Scale Potential: Geophysical Footprint Larger than Dumont
Large Scale Potential Geophysical Footprint Larger than Dumont Mineralization at Crawford is contained in a serpentinized dunite which has a distinct geophysical signature. Crawford has multiple structures with approximately 7.9 km of strike length versus 6km at Dumont Dumont Nickel-Cobalt Project C
Slide 14: Initial 2018 Drilling Demonstrated Potential
Initial 2018 Drilling Demonstrated Potential Long intersections with several holes ending in mineralization • CR18-01 : 0.26% Ni over 558 m • CR18-03 : 0.25% Ni over 318 m • CR18-04 : 0.32% Ni over 208 m Potential higher grade core: • CR 18-01: 0.38% over 45 m • CR 18-03: 0.32% over 55 m • CR 18-04:
Slide 15: Current Drilling: Only a Fraction of Potential Explored to Date
Current Drilling Only a Fraction of Potential Explored to Date Drilling in 2019 has significantly expanded the deposit. Only a fraction of the nearly 8 kilometres of potential strike length at Crawford has been explored to date and remains open in multiple directions. Crawford Nickel-Cobalt Project
Slide 16: Potential for Higher Grade Core
Potential for Higher Grade Core The higher grade core has been defined for nearly one kilometre with >0.3% mineralization over 126 to 260 metres and >0.35% from 35 to 140 metres widths Please refer to Noble Mineral Exploration Inc.’s press release dated December 9, 2019 for more information. 16
Slide 17: Large Anomaly Open for Nearly 1 kilometre at Depth
Large Anomaly Open for Nearly 1 kilometre at Depth Large geophysical anomaly which runs across entire length of structure remains untested at depth and both north and south contacts relatively untested Crawford Nickel-Cobalt Project – Section 200 East 17
Slide 18: Ownership Structure
Ownership Structure Canada Nickel has consolidated 100% ownership of the Crawford property from Noble Mineral Explorations Inc. (NOB.V), Spruce Ridge Resources Ltd. (SHL.V), and 3 private investors. The Company, post share distribution to Noble and Spruce Ridge shareholders and the proposed financin
Slide 19: Canada Nickel Undervalued Versus its Peers
Canada Nickel Undervalued Versus its Peers 200 192 175 150 125 121 100 72 75 52 52 50 34 25 19 19 14 - Canada FPX Nickel GIGA Metals Cassini St George Balmoral Talon Metals Garibaldi Legend Nickel Corp. Corporation Resources Mining Resources Corporation Resources Mining Company Limited Limited Ltd.
Slide 20: New Nickel Sulphide Discoveries Acquired at Significant Valuations
New Nickel Sulphide Discoveries Have Been Acquired at Significant Valuations Multiple Nova Voisey’s Bay Cosmos Mines Bollinger Acquisition C$4.5 B A$3.1 B C$6.8 B A$1.8B Value & Year (1996) (2007) (2007) (2015) Share Price Accumulation 37x 58x 6.5x 15x Reserve (Mt) 0.9 0.09 1.4 0.27 Resource (Mt) 2.
Slide 21: Why Invest in Canada Nickel?
Why Invest in Canada Nickel? Canada Nickel owns 100% of the Crawford Nickel-Cobalt project: A new nickel discovery with large scale potential in an established mining camp adjacent to existing infrastructure north of Timmins, Ontario, Canada. – Follow-up drilling in 2019 has outlined mineralization
Slide 22: 2019 Drilling Confirms Significant New Nickel Discovery
2019 Drilling Confirms Significant New Nickel Discovery 2019 Crawford Nickel-Cobalt Project (Drilling from North Side from East to West) • Mineralization now defined over 1.4 km by 350 to 600 metres wide to a depth of 500 metres – remains open along strike, at depth and to the north • North side dri
Slide 23: 2019 Drilling Confirms Significant New Nickel Discovery
2019 Drilling Confirms Significant New Nickel Discovery 2019 Crawford Nickel-Cobalt Project • Mineralization now defined over 1.4 km (Drilling from South Side from East to West) by 350 to 600 metres wide to a depth of 500 metres – remains open along strike, at depth and to the north • North side dri
Slide 24: Canada Nickel Company
CANADA NICKEL COMPANY www.canadanickel.com
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