NickelX (ASX: NKL) off to flying start with new Canadian uranium strategy (w/ Matt Gauci)

Small Caps

NickelX (ASX: NKL) managing director Matt Gauci joins Small Caps to discuss the company's early success with its foray into Canada's rich uranium mining sector.

The company recently announced it had identified significant uranium mineralisation at its new Elliot Lake project in Ontario.

NickelX's exploration team has identified three priority target areas with a first pass geological review.

Two of the areas have been historically proven to contain mineralisation over a combined 35 km strike of prospective tenure.

NickelX staked areas covering 4 highly prospective uranium targets at Elliot Lake in mid-February.

The new project lies in the Elliot Lake Uranium district which historically produced around 360 million pounds of uranium from 13 underground mines.

Back in WA, NickelX recently commenced an RC drilling program at the Dalwallinu nickel project.

Article:
https://smallcaps.com.au/nickelx-targets-uranium-riches-canada-historic-elliot-lake-district/

For more information on NickelX:
https://smallcaps.com.au/stocks/asx-nkl/

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