# Canada Nickel Announces Initial Mineral Resource at Nesbitt and Delivers 46% Increase in Indicated Resource at Deloro

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338

Original source: https://money.tmx.com/en/quote/CNC/news/7064965282996713/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr

Publisher: tmx

Original announcement: 2026-07-23T12:56:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Canada Nickel Company Inc.

- Ticker: CNC

- Exchange: TSX

- Region: Ontario

- Primary commodity: Nickel

- Secondary commodities: Cobalt, Iron ore, Chromium, Sulfur, Palladium, Platinum

- Document categories: Resource update, Drill results

- Extracted: 2026-09-13 18:38:44 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Canada Nickel has announced an initial mineral resource for the Nesbitt Nickel Sulphide Project and an updated resource for the Deloro project. The Deloro update includes a 46% increase in Indicated resources, while Nesbitt adds a new ninth deposit to the company's Timmins Nickel District portfolio.

Reasoning: The announcement delivers a major milestone with a new maiden resource at Nesbitt and substantial resource expansion at Deloro, significantly increasing the company's total district resource base.

- Positive factor: Initial resource at Nesbitt establishes a new ninth deposit

- Positive factor: Significant Indicated resource growth at Deloro \(46%\)

- Positive factor: Large scale district-wide resources \(4.36 Bt M&amp;I\)

- Positive factor: QA/QC protocols and lab accreditation disclosed

- Negative factor: High Inferred component at Nesbitt \(152 Mt vs 24.5 Mt Indicated\)

Facts used in scoring: 73

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: Nesbitt is described as an initial mineral resource, representing the company's ninth deposit.

Evidence · text

> announcing an initial mineral resource \(the "Mineral Resource Estimate" or "MRE"\) for its 100% owned Nesbitt Nickel Sulphide Project

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: Deloro Indicated resources increased by 46% through infilling.

Evidence · text

> Indicated Resources increased 46% to 0.3 Mt contained nickel

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release details specific QA/QC methods including blanks, standards, and umpire assays.

Evidence · text

> QA/QC checks were made using industry-standard control charts for blanks, core duplicates and commercial certified reference material

## Extracted facts

Stored fact records: 73. Some facts used in scoring do not have a stored record.

## Resource Estimates (73)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-0)

Nesbitt · nickel

#### Identity

- Project: Nesbitt
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:8f87a77e90e64557d571
- Deposit or zone: Dunite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 19100000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 46.1
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt.

Evidence · table

> 0.24

Context: 19.1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-1)

Nesbitt · cobalt

#### Identity

- Project: Nesbitt
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:8f87a77e90e64557d571
- Deposit or zone: Dunite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 19100000
- Grade: 0.01
- Grade Unit: %
- Contained Metal: 2
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Byproduct cobalt grade in Dunite domain at Nesbitt.

Evidence · table

> 0.010

Context: 19.1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-2)

Nesbitt · iron\_ore

#### Identity

- Project: Nesbitt
- Commodity: iron\_ore
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:8f87a77e90e64557d571
- Deposit or zone: Dunite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 19100000
- Grade: 5.6
- Grade Unit: %
- Contained Metal: 1078.2
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 5.6

Context: 19.1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-3)

Nesbitt · chromium

#### Identity

- Project: Nesbitt
- Commodity: chromium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:8f87a77e90e64557d571
- Deposit or zone: Dunite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 19100000
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 39.3
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.21

Context: 19.1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-4)

Nesbitt · sulfur

#### Identity

- Project: Nesbitt
- Commodity: sulfur
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:8f87a77e90e64557d571
- Deposit or zone: Dunite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 19100000
- Grade: 0.078
- Grade Unit: %
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.078

Context: 19.1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-5)

Nesbitt · palladium

#### Identity

- Project: Nesbitt
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:8f87a77e90e64557d571
- Deposit or zone: Dunite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 19100000
- Grade: 0.006
- Grade Unit: g/t
- Contained Metal: 15
- Contained Unit: koz
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.006

Context: 19.1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-6)

Nesbitt · platinum

#### Identity

- Project: Nesbitt
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:8f87a77e90e64557d571
- Deposit or zone: Dunite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 19100000
- Grade: 0.007
- Grade Unit: g/t
- Contained Metal: 3.9
- Contained Unit: koz
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.007

Context: 19.1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-7)

Nesbitt · nickel

#### Identity

- Project: Nesbitt
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b6cce30bed273cb4afdc
- Deposit or zone: Dunite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99800000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 242.6
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.24

Context: 99.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-8)

Nesbitt · cobalt

#### Identity

- Project: Nesbitt
- Commodity: cobalt
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b6cce30bed273cb4afdc
- Deposit or zone: Dunite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99800000
- Grade: 0.011
- Grade Unit: %
- Contained Metal: 10.5
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.011

Context: 99.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-9)

Nesbitt · iron\_ore

#### Identity

- Project: Nesbitt
- Commodity: iron\_ore
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b6cce30bed273cb4afdc
- Deposit or zone: Dunite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99800000
- Grade: 5.7
- Grade Unit: %
- Contained Metal: 5729.8
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 5.7

Context: 99.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-10)

Nesbitt · chromium

#### Identity

- Project: Nesbitt
- Commodity: chromium
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b6cce30bed273cb4afdc
- Deposit or zone: Dunite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99800000
- Grade: 0.2
- Grade Unit: %
- Contained Metal: 199.8
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.20

Context: 99.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-11)

Nesbitt · sulfur

#### Identity

- Project: Nesbitt
- Commodity: sulfur
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b6cce30bed273cb4afdc
- Deposit or zone: Dunite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99800000
- Grade: 0.072
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.072

Context: 99.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-12)

Nesbitt · palladium

#### Identity

- Project: Nesbitt
- Commodity: palladium
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b6cce30bed273cb4afdc
- Deposit or zone: Dunite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99800000
- Grade: 0.008
- Grade Unit: g/t
- Contained Metal: 72.1
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.008

Context: 99.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-13)

Nesbitt · platinum

#### Identity

- Project: Nesbitt
- Commodity: platinum
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b6cce30bed273cb4afdc
- Deposit or zone: Dunite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99800000
- Grade: 0.007
- Grade Unit: g/t
- Contained Metal: 24.5
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.007

Context: 99.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-14)

Nesbitt · nickel

#### Identity

- Project: Nesbitt
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:a060b5d2b13bf165d768
- Deposit or zone: Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 5400000
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 11.4
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.21

Context: 5.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-15)

Nesbitt · cobalt

#### Identity

- Project: Nesbitt
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:a060b5d2b13bf165d768
- Deposit or zone: Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 5400000
- Grade: 0.011
- Grade Unit: %
- Contained Metal: 0.6
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.011

Context: 5.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-16)

Nesbitt · iron\_ore

#### Identity

- Project: Nesbitt
- Commodity: iron\_ore
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:a060b5d2b13bf165d768
- Deposit or zone: Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 5400000
- Grade: 6.4
- Grade Unit: %
- Contained Metal: 347.1
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 6.4

Context: 5.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-17)

Nesbitt · chromium

#### Identity

- Project: Nesbitt
- Commodity: chromium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:a060b5d2b13bf165d768
- Deposit or zone: Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 5400000
- Grade: 0.3
- Grade Unit: %
- Contained Metal: 16
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.30

Context: 5.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-18)

Nesbitt · sulfur

#### Identity

- Project: Nesbitt
- Commodity: sulfur
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:a060b5d2b13bf165d768
- Deposit or zone: Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 5400000
- Grade: 0.088
- Grade Unit: %
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.088

Context: 5.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-19)

Nesbitt · palladium

#### Identity

- Project: Nesbitt
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:a060b5d2b13bf165d768
- Deposit or zone: Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 5400000
- Grade: 0.007
- Grade Unit: g/t
- Contained Metal: 4.8
- Contained Unit: koz
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.007

Context: 5.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-20)

Nesbitt · platinum

#### Identity

- Project: Nesbitt
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:a060b5d2b13bf165d768
- Deposit or zone: Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 5400000
- Grade: 0.007
- Grade Unit: g/t
- Contained Metal: 1.2
- Contained Unit: koz
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.007

Context: 5.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-21)

Nesbitt · nickel

#### Identity

- Project: Nesbitt
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9e9fd47aaaa1b7dc542d
- Deposit or zone: Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 52300000
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 108.4
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.21

Context: 52.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-22)

Nesbitt · cobalt

#### Identity

- Project: Nesbitt
- Commodity: cobalt
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9e9fd47aaaa1b7dc542d
- Deposit or zone: Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 52300000
- Grade: 0.011
- Grade Unit: %
- Contained Metal: 5.8
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.011

Context: 52.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-23)

Nesbitt · iron\_ore

#### Identity

- Project: Nesbitt
- Commodity: iron\_ore
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9e9fd47aaaa1b7dc542d
- Deposit or zone: Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 52300000
- Grade: 6.6
- Grade Unit: %
- Contained Metal: 3459.6
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 6.6

Context: 52.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-24)

Nesbitt · chromium

#### Identity

- Project: Nesbitt
- Commodity: chromium
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9e9fd47aaaa1b7dc542d
- Deposit or zone: Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 52300000
- Grade: 0.31
- Grade Unit: %
- Contained Metal: 163.1
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.31

Context: 52.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-25)

Nesbitt · sulfur

#### Identity

- Project: Nesbitt
- Commodity: sulfur
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9e9fd47aaaa1b7dc542d
- Deposit or zone: Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 52300000
- Grade: 0.068
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.068

Context: 52.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-26)

Nesbitt · palladium

#### Identity

- Project: Nesbitt
- Commodity: palladium
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9e9fd47aaaa1b7dc542d
- Deposit or zone: Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 52300000
- Grade: 0.009
- Grade Unit: g/t
- Contained Metal: 35.4
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.009

Context: 52.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-27)

Nesbitt · platinum

#### Identity

- Project: Nesbitt
- Commodity: platinum
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9e9fd47aaaa1b7dc542d
- Deposit or zone: Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 52300000
- Grade: 0.007
- Grade Unit: g/t
- Contained Metal: 14.7
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.007

Context: 52.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-28)

Nesbitt · nickel

#### Identity

- Project: Nesbitt
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:c3259582f4591eb0e45f
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 24500000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 57.5
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.23

Context: 24.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-29)

Nesbitt · cobalt

#### Identity

- Project: Nesbitt
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:c3259582f4591eb0e45f
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 24500000
- Grade: 0.01
- Grade Unit: %
- Contained Metal: 2.6
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.010

Context: 24.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-30)

Nesbitt · iron\_ore

#### Identity

- Project: Nesbitt
- Commodity: iron\_ore
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:c3259582f4591eb0e45f
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 24500000
- Grade: 5.8
- Grade Unit: %
- Contained Metal: 1425.3
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 5.8

Context: 24.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-31)

Nesbitt · chromium

#### Identity

- Project: Nesbitt
- Commodity: chromium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:c3259582f4591eb0e45f
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 24500000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 55.3
- Contained Unit: kt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.23

Context: 24.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-32)

Nesbitt · sulfur

#### Identity

- Project: Nesbitt
- Commodity: sulfur
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:c3259582f4591eb0e45f
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 24500000
- Grade: 0.081
- Grade Unit: %
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.081

Context: 24.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-33)

Nesbitt · palladium

#### Identity

- Project: Nesbitt
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:c3259582f4591eb0e45f
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 24500000
- Grade: 0.021
- Grade Unit: g/t
- Contained Metal: 19.8
- Contained Unit: koz
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.021

Context: 24.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-34)

Nesbitt · platinum

#### Identity

- Project: Nesbitt
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:c3259582f4591eb0e45f
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 24500000
- Grade: 0.022
- Grade Unit: g/t
- Contained Metal: 5.2
- Contained Unit: koz
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from multi-commodity resource table for completeness.\)

Evidence · table

> 0.022

Context: 24.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-35)

Nesbitt · nickel

#### Identity

- Project: Nesbitt
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c1d1927a8d380441a93a
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 152100000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 351
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.23

Context: 152.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-36)

Nesbitt · cobalt

#### Identity

- Project: Nesbitt
- Commodity: cobalt
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c1d1927a8d380441a93a
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 152100000
- Grade: 0.011
- Grade Unit: %
- Contained Metal: 16.3
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.011

Context: 152.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-37)

Nesbitt · iron\_ore

#### Identity

- Project: Nesbitt
- Commodity: iron\_ore
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c1d1927a8d380441a93a
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 152100000
- Grade: 6
- Grade Unit: %
- Contained Metal: 9189.4
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 6.0

Context: 152.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-38)

Nesbitt · chromium

#### Identity

- Project: Nesbitt
- Commodity: chromium
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c1d1927a8d380441a93a
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 152100000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 362.9
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.24

Context: 152.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-39)

Nesbitt · sulfur

#### Identity

- Project: Nesbitt
- Commodity: sulfur
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c1d1927a8d380441a93a
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 152100000
- Grade: 0.071
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.071

Context: 152.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-40)

Nesbitt · palladium

#### Identity

- Project: Nesbitt
- Commodity: palladium
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c1d1927a8d380441a93a
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 152100000
- Grade: 0.026
- Grade Unit: g/t
- Contained Metal: 107.5
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.026

Context: 152.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-41)

Nesbitt · platinum

#### Identity

- Project: Nesbitt
- Commodity: platinum
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c1d1927a8d380441a93a
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 152100000
- Grade: 0.023
- Grade Unit: g/t
- Contained Metal: 39.2
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.023

Context: 152.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-42)

Deloro · nickel

#### Identity

- Project: Deloro
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:4ff29721e1196a7a6dbe
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 118700000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 300.3
- Contained Unit: kt
- Cutoff Grade: 9
- Cutoff Unit: C$/t

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Significant expansion of Indicated resource at Deloro.

- Positive factor: 46% increase in Indicated resource

Evidence · table

> 0.25

Context: 118.7

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-43)

Deloro · cobalt

#### Identity

- Project: Deloro
- Commodity: cobalt
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:4ff29721e1196a7a6dbe
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 118700000
- Grade: 0.011
- Grade Unit: %
- Contained Metal: 12.8
- Contained Unit: kt
- Cutoff Grade: 9
- Cutoff Unit: C$/t

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Significant expansion of Indicated resource at Deloro. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: 46% increase in Indicated resource

Evidence · table

> 0.011

Context: 118.7

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-44)

Deloro · iron\_ore

#### Identity

- Project: Deloro
- Commodity: iron\_ore
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:4ff29721e1196a7a6dbe
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 118700000
- Grade: 5.2
- Grade Unit: %
- Contained Metal: 6.1
- Contained Unit: mt
- Cutoff Grade: 9
- Cutoff Unit: C$/t

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Significant expansion of Indicated resource at Deloro. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: 46% increase in Indicated resource

Evidence · table

> 5.2

Context: 118.7

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-45)

Deloro · chromium

#### Identity

- Project: Deloro
- Commodity: chromium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:4ff29721e1196a7a6dbe
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 118700000
- Grade: 0.26
- Grade Unit: %
- Contained Metal: 302.4
- Contained Unit: kt
- Cutoff Grade: 9
- Cutoff Unit: C$/t

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Significant expansion of Indicated resource at Deloro. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: 46% increase in Indicated resource

Evidence · table

> 0.26

Context: 118.7

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-46)

Deloro · sulfur

#### Identity

- Project: Deloro
- Commodity: sulfur
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:4ff29721e1196a7a6dbe
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 118700000
- Grade: 0.057
- Grade Unit: %
- Cutoff Grade: 9
- Cutoff Unit: C$/t

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Significant expansion of Indicated resource at Deloro. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: 46% increase in Indicated resource

Evidence · table

> 0.057

Context: 118.7

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-47)

Deloro · palladium

#### Identity

- Project: Deloro
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:4ff29721e1196a7a6dbe
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 118700000
- Grade: 0.003
- Grade Unit: g/t
- Contained Metal: 67.5
- Contained Unit: koz
- Cutoff Grade: 9
- Cutoff Unit: C$/t

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Significant expansion of Indicated resource at Deloro. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: 46% increase in Indicated resource

Evidence · table

> 0.003

Context: 118.7

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-48)

Deloro · platinum

#### Identity

- Project: Deloro
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:4ff29721e1196a7a6dbe
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 118700000
- Grade: 0.004
- Grade Unit: g/t
- Contained Metal: 11.4
- Contained Unit: koz
- Cutoff Grade: 9
- Cutoff Unit: C$/t

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Significant expansion of Indicated resource at Deloro. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: 46% increase in Indicated resource

Evidence · table

> 0.004

Context: 118.7

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-49)

Deloro · nickel

#### Identity

- Project: Deloro
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6f61cadc1f80243362a8
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 498200000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 1253.7
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.25

Context: 498.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-50)

Deloro · cobalt

#### Identity

- Project: Deloro
- Commodity: cobalt
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6f61cadc1f80243362a8
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 498200000
- Grade: 0.011
- Grade Unit: %
- Contained Metal: 53.5
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.011

Context: 498.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-51)

Deloro · iron\_ore

#### Identity

- Project: Deloro
- Commodity: iron\_ore
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6f61cadc1f80243362a8
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 498200000
- Grade: 5.3
- Grade Unit: %
- Contained Metal: 26.2
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 5.3

Context: 498.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-52)

Deloro · chromium

#### Identity

- Project: Deloro
- Commodity: chromium
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6f61cadc1f80243362a8
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 498200000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 1135.3
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.23

Context: 498.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-53)

Deloro · sulfur

#### Identity

- Project: Deloro
- Commodity: sulfur
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6f61cadc1f80243362a8
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 498200000
- Grade: 0.059
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.059

Context: 498.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-54)

Deloro · palladium

#### Identity

- Project: Deloro
- Commodity: palladium
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6f61cadc1f80243362a8
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 498200000
- Grade: 0.004
- Grade Unit: g/t
- Contained Metal: 295.5
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.004

Context: 498.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-55)

Deloro · platinum

#### Identity

- Project: Deloro
- Commodity: platinum
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6f61cadc1f80243362a8
- Deposit or zone: Dunite-Peridotite
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 498200000
- Grade: 0.005
- Grade Unit: g/t
- Contained Metal: 60
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.005

Context: 498.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-56)

Crawford · nickel

#### Identity

- Project: Crawford
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:5f8781ee6187ce6612e1

#### Resource Data

- Category: indicated
- Tonnes: 2560000000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 6.03
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.24

Context: 2.56

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-57)

Crawford · nickel

#### Identity

- Project: Crawford
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:ef78d94dfded03811297

#### Resource Data

- Category: inferred
- Tonnes: 1690000000
- Grade: 0.22
- Grade Unit: %
- Contained Metal: 3.73
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.22

Context: 1.69

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-58)

Reid · nickel

#### Identity

- Project: Reid
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:2d9d26794e3fbec7c4df

#### Resource Data

- Category: indicated
- Tonnes: 910000000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 2.14
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.23

Context: 0.91

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-59)

Reid · nickel

#### Identity

- Project: Reid
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b6d0863bb6dd87109ae2

#### Resource Data

- Category: inferred
- Tonnes: 1450000000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 3.22
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.23

Context: 1.45

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-60)

Mann W · nickel

#### Identity

- Project: Mann W
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:1160cb2c3acb4ad2cc96

#### Resource Data

- Category: indicated
- Tonnes: 410000000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 0.95
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.23

Context: 0.41

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-61)

Mann W · nickel

#### Identity

- Project: Mann W
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:0d1c86ec424854b17e2c

#### Resource Data

- Category: inferred
- Tonnes: 600000000
- Grade: 0.22
- Grade Unit: %
- Contained Metal: 1.31
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.22

Context: 0.60

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-62)

Mann CE · nickel

#### Identity

- Project: Mann CE
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f608127b7192199d5f8e

#### Resource Data

- Category: indicated
- Tonnes: 240000000
- Grade: 0.22
- Grade Unit: %
- Contained Metal: 0.52
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.22

Context: 0.24

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-63)

Mann CE · nickel

#### Identity

- Project: Mann CE
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b9d623bc133eeb2b2ffe

#### Resource Data

- Category: inferred
- Tonnes: 540000000
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 1.15
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.21

Context: 0.54

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-64)

Deloro · nickel

#### Identity

- Project: Deloro
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:b21b64c794e272be5e6b
- Deposit or zone: Dunite-Peridotite
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 120000000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 0.3
- Contained Unit: mt
- Cutoff Grade: 9
- Cutoff Unit: C$/t

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Significant expansion of Indicated resource at Deloro. \(Expanded from portfolio resource summary table.\)

- Positive factor: 46% increase in Indicated resource

Evidence · table

> 0.25

Context: 0.12

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-65)

Deloro · nickel

#### Identity

- Project: Deloro
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c6af99571983f7bb7cf3

#### Resource Data

- Category: inferred
- Tonnes: 500000000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 1.25
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.25

Context: 0.50

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-66)

Texmont · nickel

#### Identity

- Project: Texmont
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:dd026aafa6d733f0a05b

#### Resource Data

- Category: indicated
- Tonnes: 40000000
- Grade: 0.29
- Grade Unit: %
- Contained Metal: 0.11
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.29

Context: 0.04

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-67)

Texmont · nickel

#### Identity

- Project: Texmont
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:8c7d01e3d0e873b34137

#### Resource Data

- Category: inferred
- Tonnes: 50000000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 0.14
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.25

Context: 0.05

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-68)

Bannockburn · nickel

#### Identity

- Project: Bannockburn
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:5c97734b95737f138bec

#### Resource Data

- Category: indicated
- Tonnes: 60000000
- Grade: 0.28
- Grade Unit: %
- Contained Metal: 0.18
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.28

Context: 0.06

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-69)

Bannockburn · nickel

#### Identity

- Project: Bannockburn
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:e312834c5929af8318d6

#### Resource Data

- Category: inferred
- Tonnes: 130000000
- Grade: 0.27
- Grade Unit: %
- Contained Metal: 0.34
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.27

Context: 0.13

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-70)

Midlothian · nickel

#### Identity

- Project: Midlothian
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d3d3b33b40084d3cc47f

#### Resource Data

- Category: inferred
- Tonnes: 590000000
- Grade: 0.28
- Grade Unit: %
- Contained Metal: 1.68
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.28

Context: 0.59

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-71)

Nesbitt · nickel

#### Identity

- Project: Nesbitt
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dr. Scott Jobin-Bevans
- Resource group id: resource:888fd938811e23634188
- Deposit or zone: Dunite
- Material type: unknown

#### Resource Data

- Category: indicated
- Tonnes: 20000000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 0.06
- Contained Unit: mt
- Cutoff Grade: 0.1
- Cutoff Unit: % Ni

#### Prior Estimate

- Resource Date: 2026-07-23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Initial indicated resource for the Dunite domain at Nesbitt. \(Expanded from portfolio resource summary table.\)

Evidence · table

> 0.23

Context: 0.02

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/canada-nickel-announces-initial-mineral-resource-at-nesbitt-and-delivers-46-incr--5c84e7da-5980-4011-acd5-b49d6219d338#fact-resource-facts-72)

Nesbitt · nickel

#### Identity

- Project: Nesbitt
- Commodity: nickel
- Ticker: CNC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:e21422d8abc2e6afe673

#### Resource Data

- Category: inferred
- Tonnes: 150000000
- Grade: 0.23
- Grade Unit: %
- Contained Metal: 0.35
- Contained Unit: mt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-23T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.23

Context: 0.15

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
