(via TheNewswire)
The primary purpose of the initial reconnaissance program will be to build upon theairborne geophysical survey work completed previously (Geotech’s Helicopter Borne VTEM) which has delineated a series of high-priority electromagnetic anomalies within the Property (Figure 1) through a soil sampling program, and toassess access for future work including its planned drill program in early 2022.
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Figure1 - Location of VTEM Conductors on the North Claim Block
"We are thrilled to start our work program at
The Property
The Property consists of two (2) separate mineral claim blocks and is located within the
The “North Block” consists of 236 claims located approximately 21 kilometres west of Canada Nickel Company’s (CNC’s)
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Figure2 - Location of the “North Claim Block”
The “South Block” consists of 50 claims contiguous to Canada Nickel’s
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Figure3 - Location of the “South Claim Block”
Qualified Person
The technical content of this news release has been reviewed and approved by Mr.
About
Xander is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in Val-d’Or,
We seek Safe Harbor
ON BEHALF OF THE BOARD OF DIRECTORS
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Neither
Forward-looking statements:
This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.
The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
iPreliminary Economic Assessment, titled "Crawford Nickel-Sulphide Project National Instrument 43-101 Technical Report and Preliminary Economic Assessment", Effective Date of
ii https://canadanickel.com/wp-content/uploads/2021/04/20210422-Canada-Nickel-Acquires-Option-Properties-final.pdf
iii https://canadanickel.com/wp-content/uploads/2021/10/2021-10-26-East-Zone-High-Grade-vFinal2.pdf
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