Core Nickel
Junior nickel exploration in the Thompson Nickel Belt.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | $580k | Private Placement non VC |
| Total Funding | 000k | ||
Core Nickel Corp. is a junior mineral exploration company founded on May 5, 2022, and headquartered in Saskatoon, Canada. The company was spun out of CanAlaska Uranium Ltd. in late 2023 to specifically focus on nickel exploration and development. Core Nickel holds a 100% interest in five projects spanning approximately 27,000 hectares within the Thompson Nickel Belt (TNB) in Northern Manitoba, Canada, a region known for its prolific nickel deposits.
The company's primary business is the exploration and discovery of economic magmatic nickel-sulphide deposits. Its portfolio includes five properties: Mel, Hunter, Odei River, Halfway Lake, and Resting Lake. These properties are strategically located near existing infrastructure such as highways, railways, hydroelectric lines, and operating mills, which is advantageous for future development. A key asset is the Mel project, which contains a historical mineral resource estimate. Core Nickel's business model is centered on advancing its exploration projects, adding value through discovery and resource definition, and potentially partnering with or being acquired by larger mining companies. The company is funded through equity financing, including private placements, and has received non-dilutive grants from the Manitoba Mineral Development Fund.
The management team includes CEO Misty Urbatsch, a geoscientist with over 15 years of experience in the mining industry, including exploration and commodity trading. The board of directors was enhanced in October 2024 with the appointment of Paul Reid and Marc Pais, the co-founders of Arizona Metals Corp., who became significant shareholders and bring extensive experience in corporate advisory, capital raising, and geological engineering.
Keywords: nickel exploration, Thompson Nickel Belt, mineral exploration, junior mining, Manitoba mining, magmatic nickel-sulphide, Mel deposit, Halfway Lake project, critical minerals, resource development, Canadian Securities Exchange, base metals, exploration drilling, geophysical surveys, mining investment, project generator, sustainable exploration, clean energy metals, nickel-copper projects, Canadian exploration