First Nickel Inc. - FNI.TO - TSX >> MiningNerds.com

First Nickel Inc.
Ticker:	FNI : TSX	Description:	First Nickel, Inc. primarily engages in the acquisition, exploration, and development of nickel mineral prospects in Canada. The company's principal properties include Dundonald and Kamiskotia properties, located in the Abitibi Belt region near the City of Timmins in northeastern Ontario. It holds 100% interests in Dundonald Property, which comprises 15 unpatented claims, 38 lease-patented, and 3 patented mining claims totaling 946 hectares. The Kamiskotia Property consists of 19 unpatented mining claims comprising 109 units totaling 1,744 hectares in the townships of Reid, Loveland, Moberly, Byers, and Cote located in the Kamiskotia area northwest of Timmins, Ontario. The company also holds 100% interests in the Lockerby Mine, located in Graham and Denison Townships, 30 kilometers west of the city of Sudbury, Ontario. The Lockerby Mine property comprises 10 contiguous patented mining claims totaling 244.41 hectares. In addition, it holds an option to acquire interests in North Range properties, located in the north range of the Sudbury Basin; 100% interest in Premiere Ridge property, located in southwest Bowell Township; and 50% interest in Morgan-Lumsden property, located 12 km east of the Falconbridge's Strathcona Mill Complex and 1.5 km west of the Bowell Deposit. Further, the company holds an option to acquire 50% interests in Foy Mouth property, which is located in the north range of the Sudbury Basin. It also holds a right to acquire 85% interest in West Graham property, located in the south of the Lockerby East Zone. The company has a strategic alliance agreement with Falconbridge Limited. First Nickel was incorporated in 2003 and is headquartered in Toronto, Canada.
Shares (mm):	93.7
Market Cap (mm):	$21.5
Cash Flow (mm):	-$3.2
Cash (mm):	$7.4
Last Price:	$0.23
$ Change:	+0
% Change:	0.00%
Volume:	363,880
Website:	www.firstnickel.com
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