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Junior Miner Stakes New Nickel Property

Nickel is in strong demand given its use across both the steel and electric vehicle sectors. And shares of this company are up as they stake new property.

Stuhini Exploration Ltd. (TSX-Venture:STU), a mineral exploration company, acquired seven Mineral Exploration Licenses (MEL) covering 47,509 hectares in Manitoba. The five separate blocks cover relatively untested target horizons and covers parts of the Winnipegosis Komatiite Belt.

Shares have choppy but trending upward since the beginning of the year, and were up almost 7% in early-afternoon trading.