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Highlights

  • 3,585.5 metres drilled with 12 diamond drillholes at Halfway Lake Project
  • New pyrrhotite-rich massive sulphide zone discovered, open along strike and at depth
  • Drilling confirms key structural and geological features linked to Thompson-style deposits

Core Nickel Corp. (CSE: CNCO) has concluded its winter 2025 drill program at the 100%-owned Halfway Lake Project in Manitoba’s Thompson Nickel Belt. The program consisted of 3,585.5 metres of drilling across 12 diamond drillholes aimed at testing high-priority targets identified from the 2024 VTEM survey. This survey helped pinpoint areas with potential for nickel sulphide mineralization, a key focus for the project’s exploration.

The Halfway Lake Project is strategically positioned near critical infrastructure such as the Bucko Mill, rail systems, highways, and access to hydro-electric power, which could support future exploration activities. Drilling in the winter 2025 program confirmed the presence of several geological features vital to nickel sulphide deposit formation, including ultramafic-hosted sulphides, sulphidic Pipe Formation stratigraphy, and significant structural controls like folding and faulting.

One of the most notable outcomes of this drill program was the discovery of a pyrrhotite-rich massive sulphide zone, located near the surface. This new zone remains open both along strike and at depth, which could point to continued exploration potential in the area. Additionally, a newly identified zone in the southern part of the property, which closely mirrors geological features of the Thompson Deposit, could provide further insights into the project’s development.

Assay results for the winter 2025 drill program are still pending, with visible sulphide mineralization not directly indicating nickel grades. Core Nickel’s exploration efforts at the Halfway Lake Project continue to assess the potential of this property, aiming to better understand its long-term nickel prospects.