Canada Nickel Company Inc. announced initial results from its drill program testing targets located on its regional properties around its cornerstone Crawford Nickel Project. The first two discovery holes at the Nesbitt Nickel property intersected visible disseminated nickel sulphides on a geophysical target that is 3.7 kilometres long and 100 to 300 metres wide and located just 8 kilometres north of the company's Crawford Nickel Project. The first two holes at the Mahaffy Nickel property and the first two holes drilled by Canada Nickel on the Kingsmill property intersected mineralized dunite across core lengths up to 417 metres. Assays are pending on all holes. The Nesbitt Nickel property is located 8 kilometres north of the Company's initial discoveries in Crawford Township. The Mahaffy Nickel property is located 15 kilometres west of Crawford and the Kingsmill Nickel property is located 22 kilometres northwest of Crawford. The Crawford Nickel Sulphide Project is located in the heart of the prolific Timmins-Cochrane mining camp in Ontario, Canada, and is adjacent to well-established, major infrastructure associated with over 100 years of mining activity. The Nesbitt Nickel project is centered on an ultramafic sill that strikes east-west for a distance of 3.7 kilometres and a width that is estimated to vary between 100 to 300 metres. The ultramafic sill was previously drilled in 1966 with Historic hole 27083 yielding 0.28% nickel over a core length of 163 metres including 0.33% nickel over a core length of 43 metres and Historic hole 25027 yielding 0.23% nickel over 114 metres. See below Cautionary Statement Concerning Historical Information. Two holes were collared on the central Nesbitt trend to explore a coincident (high) magnetic and (low) gravity anomaly identified during Canada Nickel's geophysical interpretation earlier this year. The first hole was set up on the same section as Historic hole 27083. The second hole was positioned within the most intense section of the geophysical anomaly 300 metres to the east of the first hole. Nesbitt NES21-01 was collared on the south side of the intrusion and drilled to the north. The hole was pulled back into the volcanics to test for possible PGM (platinum group metals) mineralization at the pyroxenite-peridotite contact. It exited the volcanics and intersected dunite with visible sulphides for a core length of 154 metres from 315 metres until 469 metres where the hole returned to volcanics. NES21-02 was collared on the south side of the intrusion 300 metres east of the first hole, also pulled south into volcanic rocks to test for a possible PGM intersection. The hole encountered a gabbro, pyroxenite and peridotite sequence (similar to the north side of Crawford Main Zone hosting the PGM Zone) from 113 to 222 metres with visible sulphides throughout the pyroxenite and peridotite before intersecting mineralized dunite for 138 metres and remains underway in dunite at 360 metres. The Mahaffy Nickel project consists of 4 to 5 closely spaced ultramafic sills having an aggregate strike length of 24 kilometres. This prospect was previously tested by Historic hole 31901 (1966) which intersected 0.23% nickel over 127 metres, and hole T2-80-2 (1980) which intersected 277 metres of serpentinized ultramafic rock with no assays reported. For reference, the Crawford Main Zone resource is 1.7 kilometres long and 225 to 425 metres wide. The first hole at Mahaffy (MAH21-01A) was collared southwest of the intrusive sequence and was pulled back to the southwest to also test for PGM mineralization. The hole encountered 116.5 metres of overburden followed by 15.5 metres of volcanics before intersecting a thick interval of 427 metres of primarily peridotite (with lesser dunite) to the end of hole at 559 metres. A potential PGM interval was not identified in the drill core. Hole MAH21-02A was collared 100 metres to the west and along strike from MAH21-01A.