Canada Nickel Company's NetZero Metals Intends to Develop Downstream Nickel & Stainless-Steel Processing Facilities in Timmins Region

Highlights

Processing facilities expected to be the largest nickel processing facility in North America and largest stainless-steel and alloy production facility in Canada , filling a key gap in the North American electric vehicle supply chain – utilizing proven, low environmental footprint technology.
Both processing facilities to be designed to be net zero-carbon – utilizing Canada Nickel Company's carbon storage capacity to store CO ₂ generated by each facility.
NetZero Metals led by Mike Cox with 35 years of nickel processing experience and senior leadership positions with Inco Ltd. and Vale SA overseeing a global portfolio of nickel refineries.

Canada Nickel Company Inc. ("Canada Nickel") (TSXV: CNC) (OTCQX: CNIKF) announced today its wholly-owned subsidiary, NetZero Metals Inc. ("NetZero Metals" or the "Company"), intends to develop two processing facilities in the Timmins Nickel District: a nickel processing facility and stainless-steel and alloy production facility.

These initiatives are expected to represent an important economic development for the Timmins Nickel District and provide significant additional capacity to fill a critical link in the development of North American critical minerals supply chains and the province's electric vehicle strategy. Each production facility is expected to utilize Canada Nickel's carbon storage capacity at its Crawford Nickel project to deliver zero carbon nickel and stainless steel and alloy production.

The Company is currently at the site-selection stage, considering several sites in the region. The Company is also in the process of choosing engineering firms to complete the design of both facilities and expects to announce the selected firms shortly. Feasibility studies are underway and expected to be completed by year-end, with the nickel processing plant expected to begin production by 2027.

"These processing facilities will position the Timmins Nickel District and Canada at the forefront of the global transition to greener energy and materials," said Mark Selby , CEO of Canada Nickel Company. "We are proud to lead the way in planning the development of new capacity to meet the growing demand for the local supply of critical minerals, and most importantly, zero carbon, environmentally responsible production in North America ."

Selby added, "I am excited that we have been able to assemble a global team led by Mike Cox , who has 35 years of nickel processing experience, to build and operate these new facilities. With the growth in electric vehicle manufacturing in Ontario , NetZero Metals provides a zero-carbon solution to produce stainless steel and critical mineral alloys while powering electric vehicles with truly clean nickel."

"We have what the world needs right in our backyard to fuel the electric vehicle revolution," said George Pirie , MPP for Timmins and Ontario Minister of Mines. "Thanks to companies like Canada Nickel that believe in our community's potential, Timmins is poised to become a hub for the clean nickel we need to build the supply chain for electric vehicles. This is another great example of a company committed to working in the Timmins region to create opportunity and local benefits for the people and our economy. Timmins is proud of our world-class mining operations, and we can't wait to add another strong project to the region to grow our community and create prosperity."

"When leaders like Canada Nickel invest in great northern cities like Timmins to expand our mineral processing capacity, it's a momentous day for the entire province," said Greg Rickford , Minister of Northern Development and Minister of Indigenous Affairs. "Our government will be there to support Northern communities as our processing capacity for critical minerals is built out. We have a tremendous opportunity to expand fully integrated supply chains for the electric battery future, and that starts with investments like these that create high quality jobs for hard working men and women."

The NetZero Metals initiative represents a paradigm shift in the nickel and stainless-steel industries. By combining world-class expertise from around the globe, environmentally conscious technology, and made-in- Canada talent and solutions, Canada Nickel is not just envisioning a greener future, but actively pursuing it.

"Since the very beginning of Canada Nickel's journey, our partnership has been based on mutual respect and ensuring our Treaty was honoured with a true seat at the decision-making table," said Chief Bruce Archibald of Taykwa Tagamou Nation. "Our First Nation is proud to see Canada Nickel's continued growth with their future downstream processing facilities, and we'll proudly continue to partner with them based upon the mutual principles we've always shared."

"Today's announcement highlights Timmins' position as a global leader in sustainable and environmentally responsible mining," added Michelle Boileau , Mayor for the City of Timmins . "We are essential to Canada's electric vehicle and critical mineral supply chain. This means long-term direct and indirect job creation to support Timmins Nickel District, which adds to the diversification and stability of our local economy. Canada Nickel's commitment to investing in the Timmins' region will benefit our people and our community."

For more information, contact:
Mark Selby
CEO and Director
647-256-1954
info@canadanickel.com

Media contacts:
Sydney Oakes
Director of Indigenous Relations and Public Affairs, Canada Nickel Company
sydneyoakes@canadanickel.com

Dylan Moore
Director of Communications and Legislative Affairs, Minister of Mines
dylan.moore3@ontario.ca

Background

About the Nickel Processing Facility
Over three phases, the nickel processing plant is expected to reach a capacity of more than 80,000 tonnes of nickel annually, which is expected to make it the largest nickel processing facility in North America . Subject to permitting approvals, the plant plans to begin production by the start of 2027 utilizing third party feeds. The facility is expected to be further expanded with the startup and expansion of Canada Nickel's Crawford project. This plant is expected to utilize proven, low environmental footprint technology to produce high-quality nickel products, catering to the needs of both the stainless-steel/superalloy and the electric vehicle markets.

About the Stainless-Steel and Alloy Processing Facility
In addition to the nickel processing plant, a stainless steel and alloy production facility is expected to be established to process the nickel-chromium (NiCr) magnetite concentrate from the Crawford Nickel project and other feeds to be transformed into more than 1 million tonnes of alloy products, including more than 500,000 tonnes of 304-grade stainless-steel annually. The facility is expected to grow along with the expansion at Crawford Nickel project and would become the largest stainless-steel production facility in Canada .

Production is planned to begin in the latter half of 2027, aligning with the planned start-up of the Crawford mine, subject to permitting approvals. Discussions are currently underway with leading global ferroalloy and stainless producers to partner on this project.

About Zero-Carbon Nickel & Stainless-Steel Production
A cornerstone of this venture, and all of Canada Nickel's work, is its environmental stewardship. All carbon emissions from both plants are expected to be captured and stored in the tailings of the planned Crawford mine. This approach positions both NetZero Metals plants as zero carbon emitters and pioneers in the green steel industry on a global scale.

The Company has applied for trademarks for the terms NetZero Nickel ^TM , NetZero Cobalt ^TM , and NetZero Iron ^TM in the U.S., Canada , and other jurisdictions related to zero-carbon production of nickel, cobalt, and iron products.

Biographies of Global Nickel Processing Leadership
NetZero Metals has assembled a world-class team with deep nickel industry processing expertise led by Mike Cox , who led Inco and later Vale's U.K. and Asian nickel refinery network.

Mike Cox
Mr. Cox has 35 years of experience in base metal operations with Inco Ltd and Vale SA. He has held a number of senior leadership positions in Europe , Canada and Asia including the oversight of operations which have delivered nickel products to consumers for use in multiple generations of nickel batteries. Most recently, Mr. Cox was the Head of UK and Asian Refineries at Vale with responsibility for a portfolio of precious metal and nickel refineries. Mr. Cox holds a BSc (Hons) in Chemistry and an MBA, both from the University of Glamorgan.

Myung Bae Kim
Mr. Kim has more than 33 years' experience in project, procurement and production management in non-ferrous material processing, metal smelting/refining and oil & gas refining. He has held senior roles in large projects in Korea, Oman , Turkmenistan and Saudi Arabia , and most recently was Project Manager for the construction of Lithium-ion rechargeable battery plants in Poland and China . Mr. Kim holds an MSc in Metallurgical Engineering from Chonbuk National University , Korea.

Keiji Okamoto
Mr. Okamoto has 25 years of experience in the fields of base metals processing and project management. He was Head of Research and Development at Vale's Matsusaka nickel refinery in Japan before becoming the General Manager of the company's utility nickel smelter in Kaoshiung, Taiwan . Most recently, Mr. Okamoto worked as Chief Engineer on a project to construct the largest automated warehouse in Japan . Mr. Okamoto holds an MSc in Global Environmental Engineering from Kyoto University .

Cautionary Note and Statement Concerning Forward Looking Statements

This news release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information in this news release includes, but is not limited to, statements relating to: the development of a nickel processing facility and stainless-steel and alloy production facility in the Timmins Nickel District; the facilities utilizing Canada Nickel's carbon storage capacity at its Crawford Nickel project to deliver zero carbon nickel and stainless steel and alloy production; meeting the demand for the local supply of critical minerals; providing a zero-carbon solution to produce stainless steel and critical mineral alloys; benefits for the local population, community and economy; timing and completion, if at all, of feasibility studies; timing and completion, if at all, of production at the planned facilities; expected production capacity and further expansion of the facilities; timing of receipt of permits and commencement of construction and initial production at the Crawford project; and corporate and technical objectives. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: receipt of all required permits, results of feasibility studies, procuring appropriate sites for the facilities, partnering with leading global ferroalloy and stainless producers, future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact of COVID-19 related disruptions in relation to the Company's business operations including upon its employees, suppliers, facilities and other stakeholders. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Canada Nickel Company Inc.

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Canada Nickel Closes Previously Announced US$15 Million Loan Facility with Auramet International, Inc.

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) today announced that it has closed a secured loan facility with Auramet International, Inc. ("Auramet") of US$15 million previously announced on June 24, 2024 .

The loan is due January 9, 2025 , carries an interest rate of 1.00% per month, and is subject to a 2.5% arrangement fee. At closing, Auramet also received 750,000 1-year warrants with a strike price of $1.42 per common share. The loan is subject to such terms and conditions including certain specified positive and negative covenants that are customary for a transaction of this nature. The warrants and the underlying shares are subject to a four month hold period under applicable Canadian securities laws. The Company expects to use the proceeds from the loan for working capital purposes.

About Auramet

Auramet is one of the largest physical precious metals merchants in the world with over US$20 billion in annual revenues and which provides a full range of services to all participants in the precious metals supply chain. Auramet is a private company established in 2004 by seasoned professionals who have assembled a global team of industry specialists with over 350 years combined industry experience. Their business consists of three main activities: physical metals trading, metals merchant banking (including direct lending) and project finance advisory services. The company has built a consistently successful and prominent franchise in the metals space on the back of an experienced management team that has proven to be innovative and capable of delivering the highest quality service to participants in the sector. In fiscal year 2023 it purchased over 7 million ounces of gold, 126 million ounces of silver and 3 million ounces of PGMs, and has provided term financing facilities in excess of US$1 billion to date. Auramet is looking to grow its capital investment business in equity, royalties and streams in the precious metals and battery related metals mining space. Auramet is proud to have been awarded a Gold Medal the past two years for its ESG commitment by EcoVadis, the most trusted provider of ESG ratings with a network of more than 90,000 rated companies. For more information on Auramet, please visit www.auramet.com .

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel™, NetZero Cobalt™, NetZero Iron™ and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins - Cochrane mining camp. For more information, please visit www.canadanickel.com .

For further information, please contact:

Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.com

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, the use of proceeds from the loan, the ability of the Company to deliver nickel required to feed the high growth electric vehicle and stainless steel markets, and the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Readers should not place undue reliance on forward looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canada Nickel to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. There are no assurances that Crawford will be placed into production. Factors that could affect the outcome include, among others: inability to repay the loan or comply with the covenants set out in the loan agreement; the actual results of development activities; project delays; inability to raise the funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices of metals or project costs could differ substantially and make any commercialization uneconomic; availability of alternative nickel sources or substitutes; actual nickel recovery; conclusions of economic evaluations; changes in applicable laws; changes in project parameters as plans continue to be refined; accidents, labour disputes, the availability and productivity of skilled labour and other risks of the mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental approvals, necessary permitting or in the completion of development or construction activities; mineral resource estimates relating to Crawford could prove to be inaccurate for any reason whatsoever; additional but currently unforeseen work may be required to advance to the feasibility stage; and even if Crawford goes into production, there is no assurance that operations will be profitable. Although Canada Nickel has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Canada Nickel disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Canada Nickel Company Inc.

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Canada Nickel Provides Corporate Update and Announces US$15 Million Loan Facility with Auramet International, Inc.

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) today announces that the Company has arranged a US$15 million loan facility with Auramet, which is expected to close on or before July 9, 2024.

Mark Selby , CEO, said, "I am pleased that our long supportive financing partner, Auramet, has agreed to provide a US$15 million bridge facility, which will allow us to remain well-funded to continue to advance our permitting, engineering, and financing activities. Discussions with offtake and project partners for Crawford are ongoing and expected to be completed before year end as we continue to target a mid-year 2025 construction decision for Crawford upon receipt of permits."

Loan Facility

The loan will be due January 9, 2025 , will carry an interest rate of 1.00% per month, and be subject to a 2.5% arrangement fee. At closing, Auramet will also receive 750,000 1 year warrants with a strike price of $1.42 . The loan will be subject to such terms and conditions including certain specified positive and negative covenants that are customary for a transaction of this nature. The warrants and the underlying shares will be subject to a four month hold period under applicable Canadian securities laws. The proceeds will be used for working capital purposes. The closing of the loan facility is subject to customary conditions including the approval of the TSX Venture Exchange.

About Auramet

Auramet is one of the largest physical precious metals merchants in the world with over US$20 billion in annual revenues and which provides a full range of services to all participants in the precious metals supply chain. Auramet is a private company established in 2004 by seasoned professionals who have assembled a global team of industry specialists with over 350 years combined industry experience. Their business consists of three main activities: physical metals trading, metals merchant banking (including direct lending) and project finance advisory services. The company has built a consistently successful and prominent franchise in the metals space on the back of an experienced management team that has proven to be innovative and capable of delivering the highest quality service to participants in the sector. In fiscal year 2023 it purchased over 7 million ounces of gold, 126 million ounces of silver and 3 million ounces of PGMs, and has provided term financing facilities in excess of US$1 billion to date. Auramet is looking to grow its capital investment business in equity, royalties and streams in the precious metals and battery related metals mining space. Auramet is proud to have been awarded a Gold Medal for its ESG commitment by EcoVadis, the most trusted provider of ESG ratings with a network of more than 90,000 rated companies. For more information on Auramet, please visit www.auramet.com .

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel ^TM , NetZero Cobalt ^TM , NetZero Iron ^TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins - Cochrane mining camp. For more information, please visit www.canadanickel.com .

For further information, please contact:

Mark Selby
CEO
Phone: 647-256-1954
Email: info@canadanickel.com

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, the carbon capture approach could allow production of Net Zero nickel and generation of an additional tonnes of CO2 credits per tonne of nickel produced after offsetting all emissions, the potential to turn nickel mine into a generator of carbon credits rather than generator of carbon emissions, the production of estimated average of 710,000 tonnes of carbon credits annually and 18 million total tonnes of CO2 of credits over expected life of mine at Crawford, the ability to monetize carbon credits, the ability to quantify carbon capture, emission estimates, the brucite content of the deposit, the scalability of the process, the metallurgical results, the timing and results of the feasibility study including the viability of the inclusion of the IPT Carbonation Process and related facilities as part of the project, the results of Crawford's PEA, including statements relating to net present value, future production, estimates of cash cost, proposed mining plans and methods, mine life estimates, cash flow forecasts, metal recoveries, estimates of capital and operating costs, timing for permitting and environmental assessments, realization of mineral resource estimates, capital and operating cost estimates, project and life of mine estimates, ability to obtain permitting by the time targeted, size and ranking of project upon achieving production, 5 economic return estimates, the timing and amount of estimated future production and capital, operating and exploration expenditures and potential upside and alternatives. Readers should not place undue reliance on forward looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canada Nickel to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. The PEA results are estimates only and are based on a number of assumptions, any of which, if incorrect, could materially change the projected outcome. There are no assurances that Crawford will be placed into production. Factors that could affect the outcome include, among others: the actual results of development activities; project delays; inability to raise the funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices of metals or project costs could differ substantially and make any commercialization uneconomic; availability of alternative nickel sources or substitutes; actual nickel recovery; conclusions of economic evaluations; changes in applicable laws; changes in project parameters as plans continue to be refined; accidents, labour disputes, the availability and productivity of skilled labour and other risks of the mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental approvals, necessary permitting or in the completion of development or construction activities; mineral resource estimates relating to Crawford could prove to be inaccurate for any reason whatsoever; additional but currently unforeseen work may be required to advance to the feasibility stage; and even if Crawford goes into production, there is no assurance that operations will be profitable. Although Canada Nickel has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and Canada Nickel disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Canada Nickel Company Inc.

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Canada Nickel Completes Drill Program at Deloro with Resource Estimate Expected in July

Highlights

2024 drilling increases mineralized footprint by 50% to 1.2 kilometres long by up to 700 metres wide.
Deloro is located just 8 kilometres south of Timmins with direct road and powerline access and shallow overburden averaging less than 9 metres thick.
11 holes successfully completed including DEL24-12 with 0.26% nickel over 431 metres and DEL24-17 with 0.27% nickel over 293 metres.
Resource estimate is underway and expected to be completed in July 2024 .

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) is pleased to provide an update on its 2024 exploration program with assay results from eleven holes on its Deloro property ("Deloro"), which now completes the infill drilling in advance of the first resource estimate.

BHID	From (m)	To (m)	Length (m)*	Ni %	Co %	Pd g/t	Pt g/t	Cr %	Fe %	S %
DEL24-12	9.9	441.0	431.1	0.26	0.01	0.003	0.005	0.28	5.25	0.10
*including*	103.5	130.5	30.0	0.30	0.01	0.003	0.005	0.20	5.00	0.03
DEL24-13	6.0	187.5	181.5	0.24	0.01	0.003	0.005	0.23	4.89	0.06
and	222.0	277.0	55.0	0.25	0.01	0.003	0.005	0.22	5.25	0.05
and	289.9	402.0	112.1	0.25	0.01	0.003	0.005	0.21	5.20	0.07
DEL24-14	5.3	92.7	87.4	0.22	0.01	0.003	0.005	0.19	4.75	0.05
DEL24-15	6.0	164.0	162.0	0.24	0.01	0.004	0.006	0.17	5.59	0.09
and	202.6	377.6	175.0	0.25	0.01	0.003	0.005	0.24	5.35	0.10
DEL24-16	9.5	219.5	210.0	0.20	0.01	0.004	0.005	0.18	5.63	0.05
and	234.0	286.5	52.5	0.23	0.01	0.003	0.004	0.24	5.70	0.04
and	361.0	408.0	47.0	0.26	0.01	0.003	0.004	0.20	5.33	0.06
DEL24-17	35.8	329.1	293.3	0.27	0.01	0.003	0.003	0.18	5.13	0.05
and	379.0	402.0	23.0	0.23	0.01	0.003	0.003	0.22	5.11	0.04
DEL24-18	9.0	233.5	224.5	0.26	0.01	0.003	0.005	0.18	4.84	0.08
and	371.6	401.0	29.4	0.23	0.01	0.003	0.005	0.46	5.83	0.08
DEL24-19	12.0	67.0	55.0	0.17	0.01	0.006	0.006	0.33	7.52	0.01
and	206.7	354.0	147.3	0.22	0.01	0.003	0.004	0.22	6.27	0.02
DEL24-20	3.0	319.6	316.6	0.24	0.01	0.003	0.005	0.13	4.88	0.10
DEL24-22	75.2	270.0	194.8	0.19	0.01	0.007	0.011	0.38	6.84	0.04

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Canadian Critical Minerals Closes $222,000 Financing

Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") has closed a financing for proceeds of $222,000, comprised of 3,700,000 Flow-Through Units with an issue price of $0.06 per unit. Each Flow-Through Unit consists of one common share and one half of one common share purchase warrant that is exercisable into a common share at an exercise price of $0.09 per share for a period of two years.

All securities issued are subject to a statutory hold period that expires four months and one day from issuance.

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The Falco Horne 5 Project in Front of the BAPE

Falco Resources Ltd. (TSX-V: FPC) ( "Falco" or the " Corporation" ) is pleased to announce that the Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, Benoit Charette, has given the mandate to the Office of Public Hearings on the Environment ( "BAPE" ) to hold an inquiry and a public hearing concerning Falco's Horne 5 project (the "Falco Horne 5 Project" or the " Project "). This mandate will begin on August 26 and will have a maximum duration of four months.

Falco is pleased with this decision which marks an important milestone for the Falco Horne 5 Project. Falco's team will be supported by expert resources, including the firms A2GC, Sanexen, SoftdB, BGC and WSP in order to respond to questions and requests from the population and the BAPE during the hearings. The inquiry commission will be composed of Joseph Zayed, who will act as President, as well as Martin Lessard and Geneviève Meloche, who will act as commissioners. The curricula vitae of the commissioners can be consulted on the BAPE website.

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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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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.

Hole ID	Easting (mE)	Northing (mN)	Azimuth (⁰)	Dip (⁰)	Length (m)
DEL24-12	480334	5361525	71	-50	441
DEL24-13	480905	5361212	250	-50	404
DEL24-14	480905	5361212	70	-50	102
DEL24-15	481013	5360908	250	-50	405
DEL24-16	480926	5361048	250	-50	408
DEL24-17	480549	5361266	70	-50	402
DEL24-18	480640	5360665	70	-50	401
DEL24-19	480640	5360665	250	-50	402
DEL24-20	480980	5360569	60	-60	396
DEL24-21	480824	5360648	62	-50	168
DEL24-22	480824	5360648	225	-50	402

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	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

Canada Nickel Company's NetZero Metals Intends to Develop Downstream Nickel & Stainless-Steel Processing Facilities in Timmins Region

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