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Matheson gold builder sees open-ended potential – by Staff (Northern Ontario Business – January 9, 2023)

https://www.northernontariobusiness.com/

Moneta Gold firms up its case for open-pit and underground operation with intensive 2023 drilling campaign

The president of Moneta Gold is predicting many “upside opportunities” for its flagship Tower Gold Project near Matheson. In a recent news release, Gary O’Connor reflected on 2022 being “an extremely rewarding year” for the company.

Moneta posted an updated gold resource estimate for Tower Gold and released a positive preliminary economic assessment (PEA) in September, making the economic case for an open-pit and underground mining operation.

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Canada’s largest gold mine, an open pit in northern Ont., looks to expand underground – by Sergio Arangio (CTV News Northern Ontario – December 8, 2022)

https://northernontario.ctvnews.ca/

In one of the company’s first public addresses since merging with Kirkland Lake Gold in February and becoming the third-largest gold miner in the world (ranked by Canadian Mining Journal for the first half of 2022), Andre Leite, Agnico Eagle’s Ontario vice-president, said he sees more growth potential in northeastern Ontario.

That’s what he told local stakeholders at the Timmins chamber’s State of Mining conference Wednesday afternoon, saying there’s potential to dramatically boost output at Canada’s largest gold mine: the Detour Lake open pit.

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Timmins nickel explorer sees big tonnage potential at Shaw Dome Project – by Staff (Northern Ontario Business – November 1, 2022)

https://www.northernontariobusiness.com/

EV Nickel envisions “clean nickel” mining and processing operation to supply the electric vehicle makers

A little bit of Mark Selby and Canada Nickel appears to be rubbing off on an exploration startup company in the Timmins mining camp. EV Nickel hopes to replicate the marketing success of Canada Nickel’s Crawford Project by proving up a low-grade, large-tonnage nickel resource at its Shaw Dome Project, 25 kilometres southeast of the city.

The Toronto company recently released some promising early assay results from last summer’s drilling program that show a new zone of nickel mineralization at the CarLang area of its enormous 30,000-hectare exploration property.

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The New Faces of the North – by Diane Armstrong (Timmins Daily Press – October 19, 2022)

https://www.timminspress.com/

The story of Northern Ontario’s people has changed since the early days of the railway. At the turn of the last century, workers from many countries joined their friends when they learned of employment building the rails north – particularly from North Bay, the terminus for the Temiskaming & Northern Ontario Railway.

As the work reached Cobalt, many men decided to settle there, bring their families and work in the newly-discovered silver mines or to open businesses. Others ventured further north to Kirkland Lake and the Porcupine when gold was discovered further north. Soon clubs were established to serve the cultural needs of their people. With the culture, came the foods that reminded them of home.

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Mining company says Timmins could supplant Sudbury as global nickel capital – by Darren MacDonald (CTV News Northern Ontario – October 6, 2022)

https://northernontario.ctvnews.ca/

Deposits being explored in the Timmins area could become major source of high-quality nickel for the electric car battery market. That’s the word from officials with Canada Nickel, which is working on developing its Crawford deposit.

It’s also excited about another find, the Reid Property, located 16 kilometres southwest of Crawford, or 37 kilometres northwest of Timmins. Mark Selby, Canada Nickel CEO and director, told a news conference this week that deposits in the area have the potential to become one of the largest sources of nickel for EV batteries in the world.

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The case for low-grade sulfide nickel deposits – by Richard (Rick) Mills (A Head Of The Herd – October 4, 2022)

Home

Nickel deposits come in two forms: sulfide or laterite. About 60% of the world’s known nickel resources are laterites, which tend to be in the southern hemisphere. The remaining 40% are sulfide deposits. The main benefit of sulfide ores is that they can be concentrated using the fairly simple flotation technique.

There is no such technique for nickel laterites. The rock must be completely molten or dissolved to enable nickel extraction. As a result, laterite projects require large economies of scale at higher capital costs to be viable. They are also generally much higher cash-cost producers than sulfide operations.

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The gold exploration surge continues in Timmins – by Ian Ross (Northern Ontario Business – August 22, 2022)

https://www.northernontariobusiness.com/

Junior miners drilling and developing the next generation of gold mines in the Abitibi gold belt

Gold prices have slumped this month to below US$1,750 an ounce, but the Abitibi gold belt around Timmins continues to bustle with exploration activity this summer.

With more than 200 million ounces of historical production, this mineral-rich region remains a magnet for junior miners to make new discoveries or breathe new life into older ore bodies. In the West Timmins area, Galleon Gold is making preparations to begin test mining at its West Cache deposit in 2023.

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Canada Nickel begins federal permitting process for Crawford project – by Jackson Chen (Canadian Mining Journal – August 8, 2022)

https://www.canadianminingjournal.com/

Canada Nickel Company (TSXV: CNC; OTC: CNIKF) has commenced the federal impact assessment permitting process for its Crawford nickel project, following acceptance

Canada Nickel Company (TSXV: CNC; OTC: CNIKF) has commenced the federal impact assessment permitting process for its Crawford nickel project, following acceptance by the Impact Assessment Agency of Canada of the company’s initial project description (IPD).

The agency has determined the IPD conforms to the regulations and it has been posted online for an official 180-day comment period.

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Mark Selby has CO2-eating rocks in Timmins – by Staff (Northern Ontario Business – July 20, 2022)

https://www.northernontariobusiness.com/

Canada Nickel provides proof that its Crawford Project can sequester carbon

Canada Nickel Company CEO Mark Selby often points out that the rocks of his ultramafic-hosted nickel deposits, north of Timmins, spontaneously soak up carbon dioxide (CO2) when exposed to air.

Now the Toronto-based junior mining company is providing the lab results to back up his claim. For a couple of years, Selby has been pitching its Crawford Project and the Timmins area as an up-and-coming district for the North American electric vehicle sector to source a domestic large-scale and low-carbon supply of nickel.

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EV Nickel rises on high grade drill results at Shaw Dome in Ontario – by Naimul Karim (Northern Miner – July 11, 2022)

https://www.northernminer.com/

Shares of EV Nickel (TSXV: EVNI) jumped more than 50% in morning trading as the company’s latest drill results from its Shaw Dome project in Timmins, Ont., intersected high-grade nickel sulphide.

Highlights from the drill results included 14.30 metres grading 1.50% nickel starting from 311.8 metres in drillhole EV22-12, including 5.40 metres grading 2.96% nickel; and 5.50 metres grading 1.33% nickel starting from 373.50 metres in drillhole EV22-13.

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Canada Nickel doubles resource at Crawford project in Ontario – by Naimul Karim (Northern Miner – July 6, 2022)

https://www.northernminer.com/

Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) believes that its Crawford project in northern Ontario contains the fifth largest nickel sulphide resource globally, after a new estimate released by the company on July 6 more than doubled the project’s measured and indicated resource estimate.

Its latest measured and indicated resources now total 1.4 billion tonnes grading 0.24% nickel and 6.59% iron for 3.48 million tonnes of contained nickel and 93.9 million tonnes of iron. Inferred resources add 670.1 million tonnes grading 0.23% nickel and 6.85% iron for 1.55 million tonnes of nickel and 45.9 million tonnes of iron.

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Timmins suggested at Mining Expo to be a potential hotbed for nickel – by Andrew Autio (Timmins Daily Press – June 10, 2022)

https://www.timminspress.com/

‘We believe we’re on the verge of unlocking an entire nickel district here’

Mark Selby not only believes in Canada Nickel Company’s much-anticipated Crawford Project, he feels the Timmins area could see several more major deposits discovered in the coming years. Selby, the company’s chairman and CEO, was one of the speakers on Day 2 of the 2022 Canadian Mining Expo.

A series of presentations were made by mining industry companies and stakeholders in the ballroom of the McIntyre Community Complex in Schumacher, in addition to the hundreds of booths, displays, demonstrations, and networking opportunities inside and out.

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Timmins was set to prove this mining town would be here for the long haul – by Karen Bachmann (Timmins Daily Press – May 20, 2022)

https://www.timminspress.com/

“Near Famine Point at the Porcupine!” was the lead headline from the Toronto Globe newspaper in May 1912. The paper got all hot and bothered because word went out that the trestle bridge at Boston Creek was out and train service, on which the North depended so readily, was cut off and everyone in the Porcupine was in dire straits.

Well, nothing could be further from the truth, and the editor of the Porcupine Advance took it upon himself to defend the honour of the North.

“The unkind and ungallant reference to our dependency on Southern Ontario is an impertinent insinuation especially so coming from a Canadian journal styling itself ‘Canada’s national newspaper…’

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Canada Nickel raises $51.6 million to bring Timmins deposit to mine-ready stage – by Staff (Northern Ontario Business – April 6, 2022)

https://www.northernontariobusiness.com/

Mine developer intersects high-grade nickel at Crawford project

This is has been one of those ‘milestone’ weeks for Timmins mine developer Canada Nickel Company and its Crawford nickel sulphide project.

First, the Toronto-based company announced it had pulled the highest grade of nickel drill core ever recorded on the property, then it cashed up for the remainder of this year, taking in $51.6 million from the sale of flow-through shares.

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One of Mark Selby’s ‘most exciting days’ as Canada Nickel expands – by Staff (Mining Journal – November 24, 2021)

https://www.mining-journal.com/

The company completed 18 separate transactions to acquire or earn in to 13 target properties – including Sothman from Glencore – to consolidate district-scale potential in the Timmins region.

“Why are we doing this now?” Selby asked analysts rhetorically on a conference call, given Crawford was “already the largest nickel sulphide discovery since the 1970s”. “Very simply, nickel deposits generally fall into one of two categories, one-off deposits, or occur where you have multiple deposits occurring in clusters,” he said.

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