1844 Announces Closing of Flow-Through Private Placement

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") is pleased to announce the closing of its non-brokered private placement of flow-through units (each, an "FT Unit") previously announced on September 23, 2023 and November 10, 2023 (the "FT Unit Offering"). The Company issued 3,587,500 FT Units at a price of $0.03 per FT Unit for aggregate gross proceeds of $107,625. Each FT Unit consists of one common share, issued as a "flow-through share" (an "FT Share") within the meaning of the Income Tax Act (Canada) (the "Tax Act"), and one-half of one common share purchase warrant (each whole warrant, an "FT Unit Warrant"). Each FT Unit Warrant entitles the holder thereof to acquire one common share in the capital of the Company at a price of $0.05 for a period of 36 months following the closing of the FT Unit Offering.

1844 will use the gross proceeds of the FT Unit Offering for exploration activities on its properties in Quebec. The gross proceeds from the issuance of the FT Shares will be used to incur resource exploration expenses that will constitute "Canadian exploration expenses" and "flow through mining expenditures" as defined in the Tax Act (the "Qualifying Expenditures") on the Company's Native Copper project or, if the Company's previously announced amended and restated option agreement with Nickel North Exploration Corp. is accepted by the TSX Venture Exchange (the "Exchange"), the Hawk Ridge property.

In connection with the FT Unit Offering, the Company paid a cash finder's fee of $4,860 and 162,000 non-transferable common share purchase warrants (each, a "Finder's Warrant") to a certain finder who referred investors to the Company, in accordance with applicable law and the policies of the Exchange. Each Finder's Warrant entitles the holder thereof to purchase a Warrant Share at a price of $0.05 per Warrant Share for a period of 36 months following closing of the FT Unit Offering.

All securities issued pursuant to the FT Unit Offering are subject to a statutory hold period expiring April 29, 2024.

The Company expects to close its previously announced offering of up to 50,000,000 units (each, a "Unit"), with each Unit comprised of one common share and one-half of one common share purchase warrant (each whole warrant, a "Unit Warrant"), at a price of $0.02 per Unit for aggregate gross proceeds of up to $1,000,000 (the "Unit Offering") in early 2024. Each Unit Warrant will entitle the holder thereof to acquire one common share in the capital of the Company at a price of $0.05 for a period of 36 months following the closing of the Unit Offering. Completion of the Unit Offering remains subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the Exchange.

None of the securities issued in the FT Unit Offering or the Unit Offering will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and underexplored regions "Gaspé, Nunavik Québec". With a dedicated management team, the Company's goal is to create shareholder value through the discovery of new deposits.

1844 Resources Inc.

(signed) "Sylvain Laberge"

Sylvain Laberge
President and CEO
514.702.9841
Slaberge@1844resources.com

FORWARD-LOOKING INFORMATION

This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the use of proceeds of the FT Unit Offering, the amended and restated option agreement with Nickel North Exploration Corp. and completion of the Unit Offering. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: general business and economic conditions; the availability of additional exploration and mineral project financing; and Exchange approval.

There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include exploration or other risks detailed from time to time in the filings made by the Company with securities regulators, including those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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1844 Resources EFF:CA TSXV:EFF Base Metals Investing

EFF:CA

1844 Announces Changes to the Board of Directors

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") is pleased to announce the appointment of Mr. Mathieu Olivier to the board of directors effective immediately. Mr. Olivier will replace Mr. Denis Clement, who had been a board member since 2012.

Holding a bachelor's degree in business administration from Laval University, Mr. Olivier has led a 20-year career in wealth management and financial advisory in Quebec and has a strong history of managing investment in the junior natural resources industry. Mr. Olivier has extensive expertise in entrepreneurship and business development and is also involved in various charitable works, including sitting as the Chairman of Directors of Adaptavie Inc.

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1844 Receives Final Payment for Sale of Lac Arsenault Project

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") is pleased to provide an update with respect to its previously announced sale (the "Transaction") of the Lac Arsenault project to Canadian Gold Resources Ltd. (the "Purchaser"). Pursuant to the terms of the Transaction, the Purchaser paid 1844 Six Hundred Thousand Canadian Dollars (CAN$600,000.00) as follows:

One hundred thousand Canadian dollars (CAN$100,000) in cash; and

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1844 Closes Non-Brokered Private Placement of Units

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844"), is pleased to announce it has closed its previously announced non-brokered private placement of units (each, a "Unit"). At closing, the Company issued 14,117,500 Units at a price of $0.02 per Unit for aggregate gross proceeds of $282,350 (the "Unit Offering").

Each Unit is comprised of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.05 for a period of 36 months following closing of the Unit Offering.

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1844 Provides Updates on Hawk Ridge Option Agreement and Non-Brokered Private Placement of Units

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") announces that its previously announced amended and restated option agreement (the "Amended and Restated Option Agreement") with Nickel North Exploration Corp. has terminated in accordance with the terms of the Amended and Restated Option Agreement due to market conditions. As a result, the Company has no right to acquire any interest in the Hawk Ridge property.

With the termination of the Amended and Restated Option Agreement, the Company now intends to use the aggregate gross proceeds of up to $1,500,000 from its previously announced non-brokered private placement of up to 75,000,000 units (each, a "Unit) at a price of $0.02 per Unit (the "Unit Offering") for general and administrative expenses and for other properties in the Company's portfolio. The Company expects to close the Unit Offering on or about March 8th, 2024, subject to TSX Venture ("TSX-V") approval.

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1844 Gives Update on Non-Brokered Private Placement of Units

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844"), as previously announced, the Company has entered into an amended and restated option agreement with Nickel North Exploration Corp. (the "Option Agreement") with respect to the Hawk Ridge property in Quebec. In connection with the Option Agreement the Company previously announced a non-brokered private placement of up to 75,000,000 units (each, a "Unit") at a price of $0.02 per Unit for aggregate gross proceeds of up to $1,500,000 (the "Unit Offering"). The Company is proceeding with the Unit Offering and expects to close the Unit Offering concurrently with the closing of the Option Agreement. Closing of the Unit Offering and the Option Agreement remain subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange (the "Exchange").

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Osisko Metals Provides Update at Gaspé Copper

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V:OM ; OTCQX:OMZNF ; FRANKFURT:0B51 ) is pleased to provide an update on the activities being carried out this summer as part of the development of the Gaspé Copper project.

Mr. Robert Wares, President and CEO of Osisko Metals, commented: "Since the beginning of the summer, significant work has been completed marking key advances in our efforts to eventually re-open the mine. Our 2024 drilling program is progressing well, as is surface water characterization of the mine site and surrounding area, both of which will continue into the fall. Detailed sampling of the pit waters as well as experimental fishing downstream from the mine site are also planned to better understand the health of fish populations and the potential impacts of pit dewatering. Publication of the preliminary economic assessment( PEA) is still scheduled for early 2025. In parallel with our technical work, we are pleased to support local community activities by sponsoring several events."

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World Copper Ltd. and CEO Provide Corporate Update

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE:7LY0) ("World Copper" or the "Company") is pleased to provide the following update on corporate activities, as well as additional insights into the Company's operations over the past six months from Gordon Neal, President, Director and CEO of World Copper.

World Copper appointed Gord Neal as its CEO a little over six months ago, and it would like to properly introduce him and his work history to the Company's shareholders. Gord Neal originally began in the resource sector in 2003 as the Vice President of Corporate Development for MAG Silver (NYSE: MAG) (TSX: MAG). He left MAG after ten years to join Silvercorp Metals (NYSE: SVM) (TSX: SVM) as Vice President of Corporate Development. Gord made the decision to join Silvercorp to expand his knowledge of silver mining production, and in 2017, he was appointed as President of New Pacific Metals (NYSE: NEWP) (TSX: NUAG). Gord worked in Bolivia with New Pacific Metals for seven years and brought its Silver Sand project from discovery to a Preliminary Economic Assessment. Gord has taken pride in his work and his association with the many companies he has had the opportunity to serve, and he has been instrumental in creating significant corporate and shareholder value. All three of the abovementioned companies reached billion-dollar market cap valuations under his watch, and his plan is to produce similar results for World Copper.

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Significant Citizen Interest in the Immersive Workshop

Falco Resources Ltd. (TSX-V: FPC) (" Falco " or the " Corporation ") is delighted with citizen participation in the immersive public workshop which was held on July 17 th at the Rouyn-Noranda Convention Center. The population was invited to experience sound and vibration simulations and meet acoustics experts.

In addition to explaining the sound and vibration phenomena that surround us, the evening aimed to collect the concerns, understandings and proposals for improvement formulated by citizens regarding Falco's Horne 5 Project.

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World Copper Establishes At-The-Market Equity Program

Amends Loan Extension Agreement

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) ("World Copper" or the "Company") announces that the Company has established an at-the-market equity program (the "ATM Program") that allows World Copper to issue and sell common shares from treasury ("Common Shares") having an aggregate gross sales amount of up to $25 million to the public, over an approximately two (2) year period (subject to earlier termination as described below), from time to time through BMO Capital Markets (the "Agent"), as sole agent. Sales of the Common Shares under the ATM program will be made pursuant to the terms and conditions of an equity distribution agreement (the "Distribution Agreement") dated July 17, 2024, entered into between the Company and the Agent.

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Hole ID	From (m)	To (m)	Min	Description
SR24-022	0	33.5		Cape Storm Formation
	33.5	35.1		Allen Bay Formation
	35.1	38.1	cc, ma	Veins of cc with patchy py (0.2%)
	38.1	62.5		Allen Bay dolomudstones
	62.5	67.1	py, cp	Patchy cp (0.1%)
	67.1	86.9	py	Patchy py (0.1%)
	86.9	140.2		Allen Bay dolomudstone
SR24-030	0	24.38		Cape Storm Formation
	24.4	35.1	py	py veins (up to 0.5%)
	35.1	74.7	cc, bn, py, cp, cu	Vein with up to 5% cc, up to 1% bn, 0.5% cp, patchy py (0.2%)
	74.7	77.7		Allen Bay Fm. Dolomudstone
	77.7	115.8	bn, cc, cp, py	Veins up to 0.5% bn, 0.1% cp, up to 1.5% cc and 0.2% py
	115.8	118.9	cc	Breccia/vein cc (7.5%)
	118.9	125	cc, cp, py	1% patchy cc and 0.1% patchy bn and cp
SR24-034	0	18.3		Allen Bay Formation
	18.3	68.6	py, cp	Intermittent cp and py (0.1%)
	68.6	115.8	py, cp	Mostly cp with cc veinlets (0.5%)
	115.8	140.2	py, cp	Cp mineralization decreasing with depth (0.2%)
SR24-040	0	47.2		Cape Storm Formation
	47.2	83.8	cu, cc	cc veins and breccia throughout, 5% cc at 70.1m
	83.8	123.4		Allen Bay dolomudstone
	123.4	129.5		Allen Bay dolomudstone
SR24-042	0	39.6		Cape Storm Formation
	39.6	45.7		Allen Bay Formation
	45.7	80.8	cc	Breccia cc (3-5%)
	80.8	118.9	cc	Breccia cc (1-2%)
	118.9	140.2		Allen Bay Formation

Hole ID	From (m)	To (m)	Min	Description
SR24-036	0	35.1		Cape Storm Formation
	35.1	76.2	py, cp	Patchy cc and py (0.1%)
	76.2	123.4		Allen Bay Formation
	123.4	140.2		Patchy py (0.1%)
SR24-038	0	39.6		Cape Storm Formation, trace ma (0.1%)
	39.6	77.7	cc, cp	Trace cc and cp (0.2%)
	77.7	117.4		Allen Bay Formation, dark brown
	117.4	140.2		Allen Bay Formation

Hole ID	From (m)	To (m)	Min	Description
SR24-032	0	13.7		Overburden
	13.72	62.5		Allen Bay Formation
	62.5	100.6	cp	Cp veins (0.1%), more abundant 76.2-88.4m (1%)
	100.6	199.6		Allen Bay dolomudstone
SR24-044	0	22.9		Cape Storm Formation
	22.9	67.1		Allen Bay Formation
	67.1	106.7	cc	Cc veins (0.5%), more abundant 86.9-89.9m (2%)
	106.7	135.6		Allen Bay - BFP
	135.6	155.5		Allen Bay dolomudstones
	155.5	167.6		Allen Bay dolomudstones, trace chert nodules

Hole ID	From (m)	To (m)	Min	Description
SR24-031	0	22.9		Cape Storm Formation
	22.9	50.3		Allen Bay Fm. Dolomudstone
	50.3	56.4	py, cp	Patchy cp (0.1%) and py (0.1%)
	56.4	65.5		Allen Bay Fm. Dolomudstone
	65.5	80.8	ma, py	Trace vein selvage py (0.1%), ma (0.1%)
	80.8	85.3		Allen Bay Fm. Dolomudstone
	85.3	96	cp, py	Patchy cp (0.1%) and py (0.1%)
	96	109.7	cc, py, bn	cc vein and patchy py, with trace bn (0.2%)
	109.7	111.3	cc, py	cc veins and vein selvage 2%
	111.3	121.9	cp, py, cc	cc and cp vein selvage, patchy py (0.2%)
	121.9	132.6	py, cp	Patchy intermittent py (0.1%)
	132.6	150.9		Allen Bay Fm. Dolomudstone
SR24-055	0	48.8		Cape Storm Formation
	48.8	88.4	cc, cp	Fe alt with cc and cp (0.5%)
	88.4	126.5	cc	Trace cc (0.2%)
	126.5	170.7		Allen Bay Formation

Hole ID	From (m)	To (m)	Min	Description
SR24-035	0.0	12.2	ma	Cape Storm - patchy ma (0.1%) near top of hole
	12.2	18.3	py	Cape Storm - patchy py (0.1%)
	18.3	32.0	py, ma	py (0.1%) vein selvage and veinlets, ma (0.1%)
	32.0	36.6	py	Patchy py (0.1%)
	36.6	44.2	py, cp	Patchy py (0.1%) and cp (0.2%)
	44.2	48.8	ma, py	Trace patchy py and ma (0.1%)
	48.8	50.3	cc, cu	Trace cc and native Cu (0.1%)
	50.3	54.9	py, ma, cc, cu	Trace py, ma, cc (0.1%) and native Cu (0.1%)
	54.9	57.9		Allen Bay Fm. Dolomudstone
	57.9	61.0	cc	cc vein selvage and veins (2%)
	61.0	67.1		Allen Bay fm. Dolomudstone
	67.1	76.2	ma, cc, cuox	Up to 5% ma, trace cc (0.1%) and CuOx (0.1%)
	76.2	97.5		Allen Bay Fm. Dolomudstone
	91.4	120.4	ma	Allen Bay Fm. Dolomudstone with ma (0.1%)
SR24-037	0.0	12.2		Cape Storm Formation
	12.2	16.8		Allen Bay Fm. Dolomudstone
	16.8	25.9	py	Patchy to vein selvage py (0.1%)
	25.9	33.5		Allen Bay Fm. Dolomudstone
	33.5	38.1	py	Trace patchy py (0.1%)
	38.1	44.2		Allen Bay Fm. Dolomudstone
	44.2	50.3	py	Trace patchy py (0.1%)
	50.3	54.9	py, cc, cp	cc (0.5%) vein, patchy cp (0.1%) and py (0.1%)
	54.9	61.0	py, cc	Intermittent cc (0.5%) vein and patchy py (0.1%)
	61.0	65.5		Allen Bay Fm. Dolomudstone
	65.5	67.1	cc	Trace cc (0.1%) vein selvage
	67.1	73.2		Allen Bay Fm. Dolomudstone with clay at 68.6m'
	73.2	74.7	cc, ma	Trace cc (0.1%) vein selvage, patchy ma
	74.7	99.1		Allen Bay Fm. with clay at 79.4m, 88.4m
SR24-039	0.0	15.2		Cape Storm Formation
	15.2	24.4		Allen Bay Fm. Dolomudstone
	24.4	30.5	py	Trace patchy and vein selvage py (0.1%)
	30.5	39.6		Allen Bay Fm. Dolomudstone
	39.6	44.2	py	Trace patchy and vein selvage py (0.1%)
	44.2	47.2		Allen Bay Fm. Dolomudstone
	47.2	51.8	py, cp	cp veinlets (0.3%) and patchy and vein py (0.1%)
	51.8	64.0	py	Intermittent trace py (0.1%)
	64.0	83.8		Allen Bay Formation
	83.8	86.9	cc, py	0.5% cc vein selvage and trace py (0.1%)
	86.9	115.8		Allen Bay Fm. Dolomudstone - BPF
	115.8	129.5		Allen Bay Fm. Dolomudstone - VSM
SR24-045	0.0	29.0	cp	Cape Storm F.5mormation with cp (0.1%)
	29.0	65.5	cp, cc	Patchy cc and cp (0.2%) with 5% cc at 57.9m
	65.5	71.6	cp, cc	Breccia cp and cc (5%) with 8% at 65
	71.6	79.3	cc	Vein and breccia cc (3%)
	79.3	108.2	cc	Vein and breccia cc (1%) with 4% at 88.4m
	108.2	160.0		Allen Bay Formation
SR24-047	0.0	18.3		Cape Storm Formation
	18.3	36.6		Allen Bay Formation
	36.6	41.2		Clay zone, poor recovery
	41.2	59.4	cc, cp	Trace cc and cp (0.1%)
	59.4	89.9	cc, cp, cu	Cc and cp (1%) with trace ma
	89.9	111.3		Allen Bay Formation
SR24-049	0.0	13.7		Cape Storm Formation, trace malachite
	13.7	32.0	cc, py	Weak Fe alt, cc veins (0.2%)
	32.0	35.1	cc, py	High cc sulfide content (5%)
	35.1	50.3	cc, py	Patchy cc and py (0.2%)
	50.3	74.7	cc, py	BMF, Patchy cc and py (0.2%)
	74.7	96.0		Allen Bay Formation
SR24-051	0.0	100.6	py	Douro Formation with trace py (0.1%)
SR24-053	0.0	33.5		Cape Storm Formation, trace malachite.
	33.5	53.3	cc	Cc (0.2%) and trace malachite
	53.3	57.9	cc, py	High sulfide content (1%)
	57.9	86.9	cc, py	Trace cc and py (0.2%)
	86.9	117.4		Allen Bay Formation, trace malachite.
	117.4	129.5		Allen Bay Formation with minor chalk

Hole ID	Prospect	Easting	Northing	Depth (m)	Azimuth	Inclination
SR24-001	Expl.	465403	8174839	251.5	180	-75
SR24-002	Cyclone	465497	8174396	140.2	180	-70
SR24-003	The Gap	464015	8173152	149.4	170	-45
SR24-004	The Gap	463975	8173143	199.6	130	-60
SR24-005	Graben	464200	8173324	251.5	180	-75
SR24-006	Chinook	466176	8172877	129.5	180	-60
SR24-007	Cyclone	464729	8174010	150.9	0	-70
SR24-008	Chinook	466216	8172870	140.2	180	-60
SR24-009	Cyclone	464629	8174021	120.4	0	-70
SR24-010	Chinook	466197	8172835	109.7	180	-60
SR24-011	Cyclone	464855	8174089	131.1	180	-70
SR24-012	Chinook	466317	8172830	115.8	180	-60
SR24-013	Cyclone	464945	8174144	120.4	180	-70
SR24-014	Lightning	466029	8172538	118.9	0	-50
SR24-015	Cyclone	464856	8174223	160.0	180	-70
SR24-016	Lightning	466091	8172538	129.5	0	-50
SR24-017	Cyclone	464765	8174233	120.4	180	-70
SR24-018	Lightning	466063	8172513	149.3	0	-50
SR24-019	Cyclone	464688	8174273	121.9	180	-75
SR24-020	Lightning	466201	8072538	140.2	0	-50
SR24-021	Cyclone	464763	8174300	131.1	180	-70
SR24-022	Thunder	465364	8172845	140.2	180	-60
SR24-023	Cyclone	464848	8174344	144.8	180	-70
SR24-024	Cyclone	464948	8174340	149.3	180	-61
SR24-025	Cyclone	465089	8174285	170.7	180	-65
SR24-026	Cyclone	465048	8174094	120.4	180	-70
SR24-027	Cyclone	465147	8174100	114.3	180	-63
SR24-028	Expl.	465867	8174040	140.2	180	-65
SR24-029	Expl.	465900	8174500	251.4	180	-65
SR24-030	Thunder	465234	8172845	140.2	180	-60
SR24-031	Cyclone	465397	8174393	150.9	179.7	-65.4
SR24-032	Thunder	465209	8172709	199.6	0.0	-60.0
SR24-033	Cyclone	465397	8174293	141.7	179.7	-65.1
SR24-034	Thunder	465299	8172845	140.2	182.9	-60.9
SR24-035	Cyclone	465397	8174139	120.4	180.1	-66.1
SR24-036	Thunder	465234	8172910	140.2	180.4	-60.0
SR24-037	Cyclone	465446	8174119	99.1	179.8	-61.5
SR24-038	Thunder	465169	8172910	140.2	177.1	-60.5
SR24-039	Cyclone	465493	8174177	129.5	180.0	-62.0
SR24-040	Thunder	465079	8172845	129.5	180.0	-60.0
SR24-041	Cyclone	464626	8173970	167.6	359.9	-70.0
SR24-042	Thunder	465169	8172845	140.2	180.0	-59.9
SR24-043	Cyclone	464581	8174035	160.0	359.9	-70.1
SR24-044	Thunder	465269	8172709	167.6	0.0	-60.1
SR24-045	Cyclone	464625	8174180	160.0	180.1	-61.5
SR24-046	Thunder W	464686	8172873	199.6	0.3	-60.0
SR24-047	Cyclone	464945	8174097	111.3	180.1	-70.0
SR24-048	Thunder W	464803	8172870	199.6	0.1	-60.1
SR24-049	Cyclone	465219	8174060	96.0	179.8	-70.0
SR24-050	Chinook W	465862	8172885	150.9	359.6	-60.3
SR24-051	Cyclone	465423	8174020	100.6	179.9	-63.1
SR24-052	Lightning	466029	8172538	150.9	335.1	-44.9
SR24-053	Cyclone	465337	8174210	129.5	179.9	-61.9
SR24-054	Lightning	466126	8172537	129.5	0.0	-50.1
SR24-055	Cyclone	465291	8174383	170.7	179.9	-65.0
SR24-056	Corona E	466834	8172386	150.9	0.2	-60.1
SR24-057	Cyclone	465497	8174343	141.7	180.2	-65.0
SR24-058	Corona E	467248	8172395	167.6	180.0	-60.4
SR24-059	Cyclone	465538	8174215	149.4	180.3	-65.1
SR24-061	Cyclone	465587	8174105	149.4	180	-65
SM24-01	Chinook	466275	8172777	79.0	0	-65
SM24-01A	Chinook	466275	8172777	98.0	0	-65
SM24-02	Chinook	466176	8172760	104.0	0	-60
SM24-02A	Chinook	466176	8172760	104.0	0	-60
SM24-03	Cyclone	465044	8174208	152.0	180	-70
SM24-03A	Cyclone	465044	8174208	18.0	180	-70

Mineral Resource Estimate										Contained Metal
DOMAIN	CLASS	TONNES (Mt)	Ni (%)	Co (%)	Fe (%)	Cr (%)	S (%)	Pd (g/t)	Pt (g/t)	Ni (kt)	Co (kt)	Fe (Mt)	Cr (kt)	S (kt)	Pd (koz)	Pt (koz)
MAIN	Indicated	81.3	0.25	0.011	5.2	0.24	0.056	0.0029	0.0045	201.8	8.6	4.2	193.6	45.6	7.7	11.8
MAIN	Inferred	357.5	0.25	0.011	5.2	0.23	0.063	0.0040	0.0053	885.4	38.0	18.6	835.4	224.9	45.7	60.6

1.	The independent Qualified Person for the Mineral Resource Estimate, as defined by NI 43-101, is Dr. Scott Jobin-Bevans (P.Geo., PGO #0183), of Caracle Creek International Consulting Inc. The effective date of the Mineral Resource Estimate is July 15, 2024.
2.	The quantity and grade of reported Inferred Resources in this Mineral Resource Estimate are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as Indicated or Measured. However, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.
3.	A cut-off grade of 0.10% Ni was used for the Main Domain (combined high- and low-grade estimated domains). Cut-offs were determined on the basis of core assay geostatistics and drill core lithologies for the deposit, and by comparison to analogous deposit types.
4.	Geological and block models for the Mineral Resource Estimate used data from a total of 22 surface drill holes, completed by CNC in 2022-2024. The drill hole database was validated prior to resource estimation and QA/QC checks were made using industry-standard control charts for blanks, core duplicates and commercial certified reference material inserted into assay batches by CNC and by comparison of umpire assays performed at a second laboratory.
5.	Estimates have been rounded to two significant figures.
6.	The Mineral Resource Estimate was prepared following the CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines (November 29, 2019) and the CIM Definition Standards for Mineral Resources & Mineral Reserves (May 19, 2014).
7.	The geological model as applied to the Mineral Resource Estimate comprises three mineralized domains hosted by variably serpentinized ultramafic rocks: a relatively higher-grade core (dunite) and two, western and eastern, lower-grade envelopes (peridotite). Individual wireframes were created for each domain in Leapfrog Geo 2023.2.3 software.
8.	A 20 m x 20 m x 15 m block model was created, and samples were composited at 7.5 m intervals. Grade estimation from drill hole data was carried out for Ni, Co, Fe, Cr, S, Pd and Pt using the Ordinary Kriging interpolation method in Isatis 2024.04 software.
9.	The mineral resource estimates have been revised to include a conceptual pit envelope constraint that was developed using the following optimization parameters. Metal prices used were US$21,000/t nickel, US$40,000/t cobalt, US$325/t magnetite, US$1,350/oz palladium, and US$1,150/oz platinum. Different pit slopes were used for each layer (in degrees): 9.5 in clay, 11.6 in sand, and 45.0 in rock. Exchange rate utilized was US$/C$ at $0.75. Mining costs utilized different values for overburden (clay, gravel), selective mining, and bulk mining, ranging from C$1.62 to C$3.28/t mined. Processing costs and general and administration costs for a 60 ktpd operation (similar to the initial stage of Crawford) were C$8.40/t. Based on the range of grade and ratio of sulphur to nickel, calculated recovery averages 49% for Ni, 56% for Fe, 5% for Co and 21% for Pt and Pd.
10.	Grade estimation was validated by comparison of input and output statistics (Nearest Neighbour and Inverse Distance Squared methods), swath plot analysis, cross-plots of declustered samples against the nearest OK estimate, and by visual inspection of the assay data, block model, and grade shells in cross-sections.
11.	Density estimation was carried out for the mineralized domains using the Ordinary Kriging interpolation method, on the basis of 954 specific gravity measurements collected during the core logging process, using the same block model parameters of the grade estimation. As a reference, the average estimated density value within dunite is 2.62 g/cm ³ (t/m ³ ), while peridotite domains yielded averages of 2.69 g/cm ³ (t/m ³ ) in the west and 2.75 g/cm ³ (t/m ³ ) in the east.

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