- Business
- SPC Nickel Corp. (TSXV: SPC) is a Canadian mineral exploration company focused on the acquisition, exploration, and development of nickel, copper, and platinum group metals (PGM) properties, primarily within the Sudbury Mining Camp in Ontario and the district-scale Muskox Intrusion in Nunavut. The company holds 100% interests in its key projects, including the advanced-stage Lockerby East Property, which hosts the near-surface West Graham Deposit featuring indicated resources of 224.8 million pounds of contained nickel and 155.0 million pounds of contained copper, alongside the deeper high-grade LKE massive sulfide deposit; the expansive 650 square kilometer Muskox Project with 19 identified Ni-Cu-PGM targets and recent high-grade surface samples up to 18.15% Cu, 97.90 g/t Pd, 11.65 g/t Pt, and 4.89 g/t Au; the past-producing Aer-Kidd Property in the Sudbury Basin; and the Janes Property northeast of Sudbury, all targeting disseminated, net-textured, semi-massive, and massive sulfide mineralization in norite, sublayer, and footwall environments. Operations span Ontario and Nunavut, Canada, with headquarters in Sudbury, Ontario, and the company founded in 2013 as Sudbury Platinum Corporation before rebranding to SPC Nickel Corp. in December 2020. Recent developments include a January 2023 option agreement with Vale Canada Limited granting rights to acquire 100% of the adjacent Crean Hill 3 Property to consolidate the West Graham Deposit; completion of a CAD 3.5 million rights offering in July 2025 backstopped by Dundee Corporation to fund airborne geophysical surveys at Muskox and environmental studies at West Graham; a 2024 flow-through financing in May raising funds for Canadian Exploration Expenditures; a 2,596-meter, 36-hole drill program at Lockerby East in 2024 yielding intercepts up to 1.46% Ni and 0.32% Cu over 10.5 meters to upgrade near-surface resources; commencement of drilling in October 2025 on high-conductivity electromagnetic targets below the LKE Deposit; a July 2025 MobileMT airborne survey and land expansion by 65 km² at Muskox, followed by 2025 summer field mapping and sampling programs; and a March 2023 option agreement with Bathurst Metals Corp. to acquire the McGregor Lake and Speers Lake properties, securing full control of the Muskox Intrusion.