SPC Nickel

SPC Nickel Corp. is a Canadian mineral exploration company focused on the acquisition, exploration, and development of nickel, copper, and platinum group metal (PGM) properties. The company was incorporated on September 9, 2013, as Sudbury Platinum Corporation and rebranded to SPC Nickel Corp. in December 2020. Its primary operations are centered in premier Canadian mining jurisdictions, namely the Sudbury Basin in Ontario and the Muskox Project in Nunavut.

The management team is led by CEO and President Grant Mourre, a professional geologist with over 25 years of experience, particularly in magmatic nickel deposits within the Sudbury region. He is joined by Executive Director Scott McLean, a geologist with more than 30 years of experience, who was notably recognized as Prospector of the Year in 2004 for his role in the discovery of the Nickel Rim South Mine. The company's business model is focused on advancing its portfolio of mineral assets through exploration and development, with the goal of creating value for shareholders by leveraging the rising demand for nickel, driven by the electric vehicle and clean energy sectors. Revenue is not yet generated as the company is in the exploration and development phase and does not pay dividends.

SPC Nickel's portfolio includes several key projects. The flagship Lockerby East Project in the Sudbury Mining Camp contains the West Graham and LKE deposits. In January 2023, SPC entered a significant agreement with Vale Canada to consolidate the West Graham deposit with the adjacent Crean Hill 3 property, creating a large, near-surface resource with open-pit potential. The company's strategy for West Graham involves a phased approach, starting with a small-scale starter pit and utilizing toll-milling agreements with nearby producers like Vale and Glencore to minimize initial capital expenditures and potentially generate cash flow within 12-18 months. Another key asset is the district-scale Muskox Project in Nunavut, which shows geological similarities to major nickel camps like Sudbury and Norilsk and is considered a high-potential, large-scale exploration opportunity. The company also holds the Aer-Kidd and Janes projects in the Sudbury area.

Keywords: mineral exploration, nickel mining, copper exploration, platinum group metals, Sudbury Mining Camp, Muskox Project, Lockerby East Property, West Graham Project, Aer-Kidd Project, Canadian mining, resource development, battery metals, polymetallic deposits, mineral assets, junior mining, exploration drilling, toll milling, open-pit mining, base metals, Nunavut exploration