05:17 PM EST, 01/23/2025 (MT Newswires) -- Canada Nickel ( CNIKF ) on Thursday released additional exploration drilling results from the company's Deloro, Bannockburn, Midlothian and Nesbitt properties.

The company said best results from the Midlothian property included 470 meters testing at 0.31% nickel, while all eight holes at the Bannockburn property showed nickel content, while best results at Nesbitt included 382 meters testing at 0.22% nickel.

The company completed over 118,000 meters of drilling on 14 properties during its successful 2024 drilling campaign, all located within 100 kilometers of the Timmins mining camp in northern Ontario.

"Today's results from four separate regional properties continue to demonstrate the scale of the sulphide nickel potential of the Timmins Nickel District," said chief executive Mark Selby. "Midlothian's drilling results are showing consistent grades with an average grade that is the highest to date of all the company's regional properties. Bannockburn drilling continues to yield excellent results -- including identification of other high-grade targets as well as the intersection of a higher-grade zone within the bulk tonnage zone. We continue to successfully infill and extend the resource at Deloro, and we have successfully resumed drilling at Nesbitt, which is located just seven kilometres from Crawford, and which will become an additional resource by mid-2025."

The company's shares closed unchanged at $0.82 on the TSX Venture Exchange.