07:24 AM EDT, 03/12/2025 (MT Newswires) -- Canada Nickel ( CNIKF ) reported Wednesday additional exploration drilling results from its "Three Giants" targets comprising the Reid, Mann West and Midlothian properties in Ontario.

Results include the highest-grade interval at Mann West of 0.63% nickel over 4.5 meters, and 0.32% nickel over 49 meters at Midlothian. Highlights from Reid include 0.48% nickel over 12.0 meters.

"Our regional exploration program is consistently yielding excellent outcomes with each of the Three Giants delivering strong drilling results," CEO Mark Selby said. "These targets each have a target footprint larger than our flagship Crawford nickel sulfide Project, underscoring the large-scale potential of the Timmins nickel district."

Canada Nickel ( CNIKF ) said it plans to release the remaining six resources by mid-year, bringing the total to eight regional resources.

The company's share price closed 5.2% higher on Tuesday at $1.01 on the TSXV.