Key facts
| Company | Canada Nickel (TSXV: CNC) |
|---|---|
| Commodity | Nickel |
| Location | Canada |
| Stage | Feasibility |
Mineral resource estimates
14 reported estimates, newest first. Categories are as disclosed by Canada Nickel; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Effective |
|---|---|---|
| Proven reserveNI 43-101 | 994.0 Mt | Aug 31, 2023 |
| Probable reserveNI 43-101 | 721.0 Mt | Aug 31, 2023 |
| Measured & indicatedNI 43-101 | 1034.6 Mt | Aug 31, 2023 |
| Measured & indicatedNI 43-101 | 1527.2 Mt | Aug 31, 2023 |
| InferredNI 43-101 | 157.3 Mt | Aug 31, 2023 |
| InferredNI 43-101 | 1535.8 Mt | Aug 31, 2023 |
| Measured & indicatedNI 43-101 | 724.1 Mt | May 19, 2022 |
| Measured & indicatedNI 43-101 | 701.0 Mt | May 19, 2022 |
| InferredNI 43-101 | 144.8 Mt | May 19, 2022 |
| InferredNI 43-101 | 525.3 Mt | May 19, 2022 |
| Measured & indicatedNI 43-101 | 47.5 Mt | Dec 11, 2020 |
| Measured & indicatedNI 43-101 | 605.9 Mt | Dec 11, 2020 |
| InferredNI 43-101 | 320.1 Mt | Dec 11, 2020 |
| InferredNI 43-101 | 177.1 Mt | Dec 11, 2020 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
Economic studies
Feasibility study
Oct 1, 2023- IRR
- 17.1%
- Mine life
- 41 years
Preliminary economic assessment
Jul 9, 2021- IRR
- 15.8%
- Payback
- 7.4 years
- Initial capex
- US$1188M
- Mine life
- 25 years
Preliminary economic assessment
Jul 9, 2021- IRR
- 15.8%
- Payback
- 7.4 years
- Initial capex
- US$1188M
- Mine life
- 25 years
Figures as extracted from each study, in US dollars as the studies report them. Open the report before relying on one.