Canada Nickel Announces Positive Regional Exploration Results including Best Regional Exploration Result to Date at Midlothian

Highlights

• Midlothian: entire mineralized core length of 470 metres of 0.31% nickel, including 13.5 metres of 0.41% nickel in hole MID24-15
• Bannockburn: All eight holes yielded well-mineralized intervals with five of eight holes containing intervals > 0.3% nickel.
• Deloro: All eleven holes intersected well-mineralized intervals including hole DEL24-28 with 371 metres of 0.27% nickel including 39 metres of 0.30% nickel
• Nesbitt: Drilling resumed with 382 metres of 0.22% nickel, including 27 metres of 0.27% nickel intersected in NES24-13
• An additional regional resource to be published - total of eight resources by mid-2025

TORONTO, Jan. 23, 2025 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF)is pleased to announce additional exploration drilling results from the Company's Deloro, Bannockburn, Midlothian and Nesbitt properties. The Company completed over 118,000 metres of drilling on 14 properties during its successful 2024 drilling campaign, all located within 100 kilometres of the Timmins mining camp.