# Nickel North Announces New Flow Through Private Placement Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nickel-north-announces-new-flow-through-private-placement--f88606c4-4474-493a-a228-1a68dac56e7a Original source: https://money.tmx.com/en/quote/NNX/news/5437770677164619/nickel-north-announces-new-flow-through-private-placement Publisher: tmx Original announcement: 2022-11-06T00:52:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Nickel North Exploration Corp. - Ticker: NNX - Exchange: TSX - Region: Quebec - Primary commodity: Nickel - Secondary commodities: Copper, Cobalt, Palladium, Platinum, Gold - Document categories: Resource update, Capital raise, Other - Extracted: 2026-09-14 15:33:41 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Nickel North Exploration Corp. has announced a non-brokered flow-through private placement of up to 10,000,000 units at $0.05 per unit, aiming for gross proceeds of up to $500,000. The funds are earmarked for field exploration programs at the Hawk Ridge Ni-Cu-PGE-Co project in Quebec. Reasoning: The company is raising a relatively small amount of capital via a non-brokered flow-through placement to fund exploration. - Positive factor: non-brokered flow through private placement - Positive factor: proceeds to be used for field exploration on Hawk Ridge project - Negative factor: small gross proceeds of up to $500,000 Facts used in scoring: 6 ## Classification and evidence **Inferred Resource** Polarity: negative Story-specific tag Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The project resource is described as 100% Inferred. Evidence · text > total Inferred Mineral Resources for four mineralized deposits... recently updated to 34.66 Mt ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Resource Estimates (6) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-north-announces-new-flow-through-private-placement--f88606c4-4474-493a-a228-1a68dac56e7a#fact-resource-facts-0) Hawk Ridge · nickel #### Identity - Project: Hawk Ridge - Commodity: nickel - Region: canada\_qc - Reported Region: Quebec - Ticker: NNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:3ca96a43969d9b5da4b6 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 34660000 - Grade: 0.22 - Grade Unit: % #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2022-11-06T00:00:00.000Z Reasoning: Inferred resource component of the total project resource. Evidence · text > total Inferred Mineral Resources... recently updated to 34.66 Mt at 0.22%, 0.56% Cu, 0.013% Co, 0.19 g/t Pd, 0.05 g/t Pt and 0.025 g/t Au #### 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 **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-north-announces-new-flow-through-private-placement--f88606c4-4474-493a-a228-1a68dac56e7a#fact-resource-facts-1) Hawk Ridge · copper #### Identity - Project: Hawk Ridge - Commodity: copper - Region: canada\_qc - Reported Region: Quebec - Ticker: NNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:3ca96a43969d9b5da4b6 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 34660000 - Grade: 0.56 - Grade Unit: % #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2022-11-06T00:00:00.000Z Reasoning: Inferred resource component of the total project resource. Evidence · text > total Inferred Mineral Resources... recently updated to 34.66 Mt at 0.22%, 0.56% Cu, 0.013% Co, 0.19 g/t Pd, 0.05 g/t Pt and 0.025 g/t Au #### 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 **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-north-announces-new-flow-through-private-placement--f88606c4-4474-493a-a228-1a68dac56e7a#fact-resource-facts-2) Hawk Ridge · cobalt #### Identity - Project: Hawk Ridge - Commodity: cobalt - Region: canada\_qc - Reported Region: Quebec - Ticker: NNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:3ca96a43969d9b5da4b6 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 34660000 - Grade: 0.013 - Grade Unit: % #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2022-11-06T00:00:00.000Z Reasoning: Inferred resource component of the total project resource. Evidence · text > total Inferred Mineral Resources... recently updated to 34.66 Mt at 0.22%, 0.56% Cu, 0.013% Co, 0.19 g/t Pd, 0.05 g/t Pt and 0.025 g/t Au #### 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 **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-north-announces-new-flow-through-private-placement--f88606c4-4474-493a-a228-1a68dac56e7a#fact-resource-facts-3) Hawk Ridge · palladium #### Identity - Project: Hawk Ridge - Commodity: palladium - Region: canada\_qc - Reported Region: Quebec - Ticker: NNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:3ca96a43969d9b5da4b6 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 34660000 - Grade: 0.19 - Grade Unit: g/t #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2022-11-06T00:00:00.000Z Reasoning: Inferred resource component of the total project resource. Evidence · text > total Inferred Mineral Resources... recently updated to 34.66 Mt at 0.22%, 0.56% Cu, 0.013% Co, 0.19 g/t Pd, 0.05 g/t Pt and 0.025 g/t Au #### 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 **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-north-announces-new-flow-through-private-placement--f88606c4-4474-493a-a228-1a68dac56e7a#fact-resource-facts-4) Hawk Ridge · platinum #### Identity - Project: Hawk Ridge - Commodity: platinum - Region: canada\_qc - Reported Region: Quebec - Ticker: NNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:3ca96a43969d9b5da4b6 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 34660000 - Grade: 0.05 - Grade Unit: g/t #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2022-11-06T00:00:00.000Z Reasoning: Inferred resource component of the total project resource. Evidence · text > total Inferred Mineral Resources... recently updated to 34.66 Mt at 0.22%, 0.56% Cu, 0.013% Co, 0.19 g/t Pd, 0.05 g/t Pt and 0.025 g/t Au #### 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 **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-north-announces-new-flow-through-private-placement--f88606c4-4474-493a-a228-1a68dac56e7a#fact-resource-facts-5) Hawk Ridge · gold #### Identity - Project: Hawk Ridge - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: NNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:3ca96a43969d9b5da4b6 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 34660000 - Grade: 0.025 - Grade Unit: g/t #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2022-11-06T00:00:00.000Z Reasoning: Inferred resource component of the total project resource. Evidence · text > total Inferred Mineral Resources... recently updated to 34.66 Mt at 0.22%, 0.56% Cu, 0.013% Co, 0.19 g/t Pd, 0.05 g/t Pt and 0.025 g/t Au #### 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 **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 ## 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.