Canada Nickel signs unique agreement with First Nation at Crawford project
The core shack at Canada Nickel s Crawford project in Ontario. Credit: Canada Nickel Company.
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) is partnering with the Taykwa Tagamou First Nation to develop electric power for its Crawford nickel-cobalt sulphide project in Ontario’s Timmins-Cochrane mining camp.
Under a memorandum of understanding, the Taykwa Tagamou Nation will develop the electrical transmission assets to supply Crawford with reliable power and the junior exploration company will then rent the assets from TTN over the life of the mine or for a 20-year period, whichever comes first.