Aston are well positioned to ride the wave of success from Canada Nickel Company (CNC:TSX-V)
CNC are a very well managed company lead by Nickel expert Mark Selby.
Canada Nickel are very interested in what Aston have going on and have recently purchased land surrounding Aston.
In March 2023 CNC bought previously producing Texmont mine which is able to get into production as early as 2025 from Red cloud presentation today.
- Hole 22-03: 5.2 metres of 2.60% nickel within 21.0 metres of 1.22% nickel
- Hole 22-06: 4.0 metres of 2.43% nickel within 12.0 metres of 1.45% nickel
CNC property 'Bannockburn' to the east has historic high grade holes
'Bannockburn - Historic drilling with multiple high grade intervals greater than 2% nickel in “C”, “D”, “F” in addition to bulk tonnage “B” zone'
This shows that there certainly are high grade zones in the district.
As CNC are ahead of Aston in the mining cycle they will continue to show market the strategic important of Timmins district and potential to be the next Sudbury. This will have synergistic importance for Aston and help bring growth and capital to the Boomerang project.
Not to mention CNC would love to get their hands on Boomerang a huge and significant piece of their southern Timmins puzzle.
Source: https://canadanickel.com/wp-content/uploads/2023/10/CNC-Investor-Deck-October-2023_VFinal.pdf
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