Canada Nickel Signs MOU with Glencore Canada for Potential Use of the Kidd Concentrator and Metallurgical Site
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Canada Nickel or
The
Company ) (TSXV: CNC) (OTCQB: CNIKF) is pleased to announce that it has entered into a non-binding Memorandum of Understanding ( MOU ) with Glencore Canada Corporation ( Glencore ) in order to examine the potential use of Glencore s Kidd concentrator and metallurgical site ( Met Site ) in Timmins, Ontario for the treatment and processing of material mined from Canada Nickel s 100% owned Crawford Nickel-Cobalt Sulphide project ( Crawford ). Crawford is located 40 km north of Glencore s operations. The opportunity to utilize the excess capacity and existing infrastructure at the Kidd Met Site provides the potential to allow a faster, simpler, smaller scale start-up of Crawford at a vastly lower capital cost while the Company continues to permit and develop the much larger scale project currently being contemplated