TORONTO, September 29, 2021 — Class 1 Nickel and Technologies Ltd. (CSE: NICO/OTCQB: NICLF) (“Class 1 Nickel” or the “Company”) is pleased to announce intersection of high-grade nickel sulphides in Phase 1 diamond drilling on the Alexo-Dundonald Property near Timmins, Ontario (Figure 1). The goal of Class 1 Nickel’s mineral exploration program is discovery of high-grade (>1% Ni) nickel sulphide deposits for direct shipping to existing mineral processing plants in this region of northeastern Ontario.
- Massive and net-textured nickel sulphides intersected in Alexo North diamond drill hole AN-21-04;
- Hole designed to test strong plate conductor model to the northeast of the Alexo North Deposit; and
- Follow-up geophysical surveys and drill programs planned for fall 2021/winter 2022.
Figure 1. Location of the Alexo-Dundonald Property in northeastern Ontario.