Canada Nickel Files NI 43-101 Report for Texmont Nickel Project Ontario

Heliostar Resources reported a strong Q2 2025 performance with an operating margin of 51% driven by favorable gold prices, and plans to restart mining at San Agustin later in 2025 while expanding production into 2026. The company is also advancing technical studies for its La Colorada, Cerro Del Gallo, and Ana Paula projects, with a $9.5 million drilling program at Ana Paula aimed at supporting a 10-year mine life. Meanwhile, Canada Nickel Company filed a NI 43-101 technical report confirming the initial mineral resource estimate for its Texmont Nickel Sulphide Project near Timmins, Ontario, marking the sixth of nine resource publications expected by the end of 2025. Canada Nickel focuses on nickel-sulphide projects to supply materials for electric vehicles and stainless steel, with efforts underway to produce net zero carbon nickel, cobalt, and iron products. The Texmont report was prepared by Caracle Creek International Consulting and adheres to CIM standards, reinforcing Canada Nickel's commitment to advancing the Timmins Nickel District's potential. Both companies are progressing technical and operational plans to support growth in critical mineral sectors.