Canada Nickel Confirms High Grade Near-Surface Mineralization at Texmont

Highlights

Nine of first twelve holes with intervals of greater than 1% nickel
First twelve holes confirm high grade mineralization over 400 metres of strike length that remains open to the north and at depth
High grade intervals within thick mineralized sections include:
Hole 22-03: 5.2 metres of 2.60% nickel within 21.0 metres of 1.22% nickel within 91.5 metres of 0.50% nickel from 58.5 metres
Hole 22-06: 4.0 metres of 2.43% nickel within 12.0 metres of 1.45% nickel within 28.0 metres of 0.77% nickel from 76.5 metres

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) today announced assay results from the first twelve holes of its initial drill program at the Texmont property that confirm high grade, near-surface nickel mineralization. Texmont is located 36 kilometres south of Timmins .

The Company has drilled a total of 39 holes and 9,670 metres, completing its initial phase to support the development of a mineral resource at Texmont expected to be delivered later this year.

Mark Selby , Chair & CEO of Canada Nickel Company, said, "We are excited by the results of our initial phase of drilling and assay results at Texmont which confirm our thesis of near-surface, high grade intervals of nickel that is present within thick mineralized sections, which support the potential for near-term, smaller scale, open pit production. This near-term production potential is highly complementary to our large-scale Crawford and regional nickel sulphide project."

Texmont Nickel Property

The Texmont Property is located 36 kilometres south of Timmins . It is considered to be a komatiite flow rather than a dunite sill with sections of highly mineralized peridotite and dimensions approximately 1.2 kilometres long by up to 150 metres wide (see Figure 1).

Canada Nickel has drilled 39 drill holes to date, 34 of which targeted the known mineralization and five of which targeted a possible north extension (Figure 2). This news release contains the assay results from the first 12 holes totaling 3,204 metres (see Tables 1,2). Historic drilling confirms the mineralization pinches out to the south but remains open to the north and at depth. Further drilling to the north of the former mine shaft intersected thick sections of mineralized peridotite but assay results are not yet available. This drilling is expected to be incorporated, along with historic drilling by Fletcher Nickel (which drilled 28,883 metres from 2006-2008) into an initial resource estimate to be released later this year.

Table 1: Texmont exploration drilling results high grade highlights

Hole ID	From	To	Length*	Ni	Co	Pd	Pt	S
	(m)	(m)	(m)	( %)	( %)	(g/t)	(g/t)	( %)
TEX22-01	22.0	44.1	22.1	0.52	0.01	0.042	0.036	0.34
TEX22-02	10.5	56.2	45.7	0.55	0.02	0.041	0.033	0.45
*Including*	27.0	33.0	6.0	1.08	0.03	0.094	0.079	0.66
TEX22-03	58.5	150.0	91.5	0.50	0.01	0.031	0.023	0.45
*Including*	129.0	150.0	21.0	1.22	0.03	0.108	0.070	1.09
*Including*	138.8	144.0	5.2	2.60	0.06	0.265	0.226	2.46
*And*	131.0	132.0	0.5	6.85	0.16	0.513	0.055	5.97
TEX22-04	127.3	161.5	34.2	0.56	0.02	0.046	0.046	0.33
*Including*	145.5	151.0	4.4	0.99	0.03	0.073	0.056	0.61
TEX22-05	201.0	226.0	25.0	0.48	0.02	0.036	0.028	0.54
*including*	219.0	226.0	7.0	0.74	0.02	0.063	0.048	0.85
TEX22-06	76.5	105	28.5	0.77	0.02	0.065	0.071	0.91
*including*	82.5	94.5	12.0	1.45	0.04	0.137	0.156	1.74
*including*	88.0	92.0	4.0	2.43	0.06	0.246	0.314	2.94
*including*	90.1	90.6	0.5	10.6	0.25	1.200	1.680	12.4
TEX22-07	106.5	132.0	25.5	0.50	0.02	0.030	0.024	0.61
*including*	106.5	114.0	7.5	0.79	0.02	0.068	0.046	0.97
TEX22-08	70.7	84.0	13.3	0.51	0.02	0.033	0.024	0.48
*including*	70.7	74.0	3.3	1.12	0.03	0.097	0.065	1.13
TEX22-11	93.0	139.5	46.5	0.57	0.02	0.036	0.033	0.67
*including*	94.5	109.5	15.0	1.06	0.03	0.081	0.073	1.32

* True widths are unknown

Table 2: Texmont exploration drilling results - downhole average

Hole ID	From	To	Length*	Ni	Co	Pd	Pt	Cr	Fe	S
	(m)	(m)	(m)	( %)	( %)	(g/t)	(g/t)	( %)	( %)	( %)
TEX22-01	8.3	249.0	240.7	0.29	0.01	0.015	0.014	0.17	6.01	0.44
TEX22-02	6.0	126.0	120.0	0.34	0.01	0.021	0.019	0.12	5.35	0.47
TEX22-03	1.8	150.0	148.2	0.40	0.01	0.021	0.017	0.14	5.26	0.39
TEX22-04	127.3	307.5	200.2	0.31	0.01	0.019	0.017	0.15	5.72	0.33
TEX22-05	39.0	401.8	362.8	0.18	0.01	0.010	0.010	0.14	6.75	0.25
Including	189.7	345.5	155.8	0.28	0.01	0.014	0.012	0.13	5.51	0.31
TEX22-06	14.2	300.0	285.8	0.24	0.01	0.013	0.014	0.11	5.97	0.37
TEX22-07	6.0	300.0	294.0	0.24	0.01	0.011	0.011	0.16	6.32	0.45
and	199.8	300.0	100.2	0.33	0.01	0.010	0.009	0.15	5.31	0.47
TEX22-08	9.3	282.0	272.7	0.22	0.01	0.008	0.008	0.15	5.77	0.28
Including	61.5	163.5	102.0	0.31	0.01	0.010	0.009	0.15	5.27	0.33
TEX22-09	9.0	252.0	243.0	0.20	0.01	0.010	0.010	0.14	6.68	0.34
Including	110.0	159.3	49.3	0.35	0.01	0.017	0.013	0.14	5.84	0.49
and	180.0	244.5	64.5	0.28	0.01	0.008	0.008	0.18	5.60	0.39
TEX22-10	7.5	255.0	247.5	0.18	0.01	0.007	0.007	0.16	6.19	0.66
Including	86.5	151.7	65.2	0.25	0.01	0.006	0.006	0.16	5.20	0.22
TEX22-11	6.6	222.8	216.2	0.28	0.01	0.013	0.014	0.18	6.37	0.41
including	93.0	222.8	129.8	0.37	0.01	0.017	0.017	0.16	5.90	0.44
and	236.1	303.0	66.9	0.25	0.01	0.008	0.009	0.15	5.51	0.28
TEX22-12	62.0	141.6	79.6	0.23	0.01	0.007	0.007	0.15	5.27	0.21
and	164.0	211.0	47.0	0.21	0.01	0.006	0.005	0.18	6.12	0.37

TEX22-01 was collared directly over komatiite, and intersected a thick sequence of mineralized peridotite, ending in strongly serpentinized dunite, with minor dykes encountered near the top of the hole. The hole averaged 0.29% Ni over 240.7 metres, including a higher-grade section of 0.52% Ni over 22.1 metres (see Table 3 for all high grade composites, and Table 4 for whole mineralized lengths).

TEX22-02 was collared 100 metres northeast of TEX22-01 and intersected mineralized komatiite 6 metres below surface, intersecting mineralized peridotite for a length of 120.0 metres until encountering gabbro at the lower contact. The hole averaged 0.34% nickel over 120.0 metres, including 0.55% nickel over 45.7 metres from 10.5 metres downhole.

TEX22-03 was collared with an east azimuth 20 metres southwest of the existing mining shaft and intersected mineralized peridotite from 1.8 meters to the end of hole at 150.0 metres. The hole averaged 0.40% nickel over 148.2 metres, including 1.22% nickel and 0.18 g/t Pt+Pd over 21.0 metres.

TEX22-04 was collared within the hanging wall intersecting mafic volcanics and then gabbro before encountering mineralized peridotite. The mineralized peridotite averaged 0.31% Ni over 200.2 metres, including 0.56% Ni over 34.2 metres. The hole intersected the footwall, ending in mafic volcanics and giving a good indication of the overall thickness of the mineralized ultramafics.

TEX22-05 was collared in hanging wall mafic volcanics and was aimed to cut across the strike length of the mineralized komatiite. The hole intersected 362.8 metres of peridotite averaging 0.18% Ni over 362.8 metres, including 42.0 metres of 0.41% nickel. A few minor dykes were encountered within the hole.

TEX22-06 was drilled 100 m southeast of TEX22-03 in komatiite and intersected mineralized peridotite, with minor intersections of late dykes. The hole averaged 0.24% nickel over 285.8 metres, including a high-grade section of 1.45% nickel and 0.28 g/t Pt+Pd over 12.0 metres.

TEX22-07 was collared 100 southeast of TEX22-03, intersecting komatiite followed by a moderate to strongly mineralized peridotite, interrupted by minor diabase dykes. The hole averaged 0.24% Ni over 294.0 metres including 0.33% Ni over 100.2 metres and 0.41% Ni over 43.5 metres.

TEX22-08 was collared 50 metres south of TEX22-07 and drilled to the west. The hole started in komatiite and continued into peridotite, ending in peridotite. The hole averaged 0.22% Ni over 272.7 metres including 0.31% Ni over 100.2 metres.

TEX22-09 was collared at the same location as TEX22-08 but at a steeper dip (-70 ^o versus -50 ^o ). The hole started in komatiite and continued into peridotite, ending in peridotite. Mineralization averaged 0.20% Ni over 243.0 metres, including 0.28% Ni over 64.5 metres and 0.35% Ni over 49.3 metres.

TEX22-10 was collared 50 metres south of TEX22-08 and intersected a thick section of mineralized peridotite interrupted by a minor sliver of metasedimentary rocks. The hole averaged 0.18% Ni over 247.5 metres including 0.24% over 75.0 metres.

TEX22-11 was collared at the same location as TEX22-10 but drilled at a steeper angle. The hole intersected two sections of mineralized peridotite, 0.28% Ni over 216.2 metres and 66.9 metres of 0.25% Ni, with the intervals separated by metasedimentary rocks. The upper mineralized interval included a higher-grade section of 129.8 metres of 0.37% and 19.5 metres of 0.96% Ni.

TEX22-12 was collared 50 metres south of TEX22-10 and intersected 2 sections of mineralized peridotite separated by metasediments, the upper section averaging 0.23% Ni over 79.5 metres, and the lower section averaging 0.21% Ni over 47.0 metres.

Table 1: Texmont Drillhole Orientation

Hole ID	Easting (mE)	Northing (mN)	Azimuth (⁰)	Dip (⁰)	Length (m)
TXT22-01	484872	5334590	270	-78	249
TXT22-02	484872	5334590	270	-50	126
TXT22-03	484802	5334530	90	-65	150
TXT22-04	484985	5334595	270	-50	345
TXT22-05	485012	5334504	270	-50	420
TXT22-06	484890	5334471	270	-50	300
TXT22-07	484890	5334471	270	-70	300
TXT22-08	484855	5334421	270	-50	282
TXT22-09	484855	5334420	270	-70	252
TXT22-10	484850	5334364	270	-48	255
TXT23-11	484850	5334364	270	-65	303
TXT23-12	484830	5334318	270	-52	222

Assays, Quality Assurance/Quality Control and Drilling and Assay

Edwin Escarraga , MSc, P.Geo., a "qualified person" as defined by National Instrument 43-101, is responsible for the on-going drilling and sampling program, including quality assurance (QA) and quality control (QC). The core is collected from the drill in sealed core trays and transported to the core logging facility. The core is marked and sampled at 1.5 metre lengths and cut with a diamond blade saw. One set of samples is transported in secured bags directly from the Canada Nickel core shack to Actlabs Timmins, while a second set of samples is securely shipped to SGS Lakefield for preparation, with analysis performed at SGS Burnaby or SGS Callao ( Peru ). All are ISO/IEC 17025 accredited labs. Analysis for precious metals (gold, platinum, and palladium) are completed by Fire Assay while analysis for nickel, cobalt, sulphur and other elements are performed using a peroxide fusion and ICP-OES analysis. Certified standards and blanks are inserted at a rate of 3 QA/QC samples per 20 core samples making a batch of 60 samples that are submitted for analysis.

Qualified Person and Data Verification

Stephen J. Balch P.Geo . (ON), VP Exploration of Canada Nickel and a "qualified person" as is defined by National Instrument 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc.

The magnetic images shown in this press release were created from Canada Nickel's interpretation of datasets provided by the Ontario Geological Survey.

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
Chair and 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, drill and exploration results relating to the target properties described herein (the "Properties"), the potential of the Crawford Nickel Sulphide Project and the Properties, timing of economic studies and mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development results, 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: 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 press 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.

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SOURCE Canada Nickel Company Inc.

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Canada Nickel TSXV:CNC Base Metals Investing

CNC:CA

Canada Nickel Makes New Discovery at Newmarket Property, Achieves Best Drill Results at Reid to Date and Announces Grant of Options and RSUs

Highlights

First two holes at Newmarket successfully intersect target mineralization including 373 metres of 0.24% nickel in NEW24-01
Best interval to date at first hole at Reid - 675 metres of 0.25% nickel including 142 metres of 0.32% nickel and 24 metres of 0.40% nickel in REI24-17
First five holes at Reid each intersect over 650 metres of target mineralization within an 800-metre-thick ultramafic sequence – approximately 2 times thicker than Crawford's Main zone

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce positive initial assay results from its 2024 exploration program including the first two holes at the Company's Newmarket property and results from the first hole from its Reid property, which delivered the best drill results to date from Reid.

A total of six holes have been completed at Reid and seventeen holes have also been completed at Crawford as part of a program to delineate an initial palladium-platinum (PGM) resource for which assays are pending. Four drill rigs are currently operating, and a fifth drill rig is expected to begin on April 1 ^st . As outlined in a conference call held on February 23, 2024 , the Company's 2024 exploration program is targeting delivery of seven additional resources by Q2-2025 and six further discoveries.

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Canada Nickel Confirms Discovery at Mann Central, Successfully Completes Initial Drilling at Mann Northwest Property

Highlights

A new discovery, Mann Central, successfully delineated across 2.5 kilometre strike length by six holes
Three additional drill holes at previously announced Mann Northwest discovery, extended mineralization across a 2.7 kilometre strike length
Mann Northwest and Mann Central are two of five targets (others are Mann Southeast, Newmarket and Reaume) each with a geophysical footprint larger than Crawford, and a combined strike length of over 25 kilometres

Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce the final set of assay results from its initial exploration program at the Mann Property, a joint venture with Noble Mineral Exploration Inc. ("Noble") whereby Canada Nickel can earn an 80% interest by completing certain cash and share payments and exploration expenditures (see original press release dated November 22, 2021 ).

Hole ID	From (m)	To (m)	Length (m)	Ni %	Co %	Pd g/t	Pt g/t	Cr %	Fe %	S %
MANN NORTHWEST
MAN23-06	6.9	402.0	395.1	0.20	0.01	0.007	0.010	0.39	7.18	0.04
MAN23-13	40.5	152.4	111.9	0.20	0.01	0.023	0.015	0.43	6.88	0.06
and	166.5	183.0	16.5	0.04	0.01	0.263	0.166	0.41	4.32	0.02
and	185.5	444.0	258.5	0.20	0.01	0.003	0.004	0.40	7.23	0.02
MAN23-14	30.0	420.0	390.0	0.23	0.01	0.005	0.007	0.22	5.96	0.03
MAN23-15	36.0	298.5	262.5	0.15	0.01	0.020	0.018	0.30	6.94	0.06
and	357.4	450.0	92.6	0.21	0.01	0.025	0.025	0.29	6.51	0.11
MANN CENTRAL
MAN23-07	80.4	266.5	186.1	0.24	0.01	0.004	0.007	0.17	6.16	0.10
and	283.5	444.0	160.5	0.24	0.01	0.005	0.007	0.17	6.22	0.02
MAN23-08	39.1	396.0	356.9	0.22	0.01	0.005	0.007	0.39	6.69	0.04
MAN23-09	96.0	402.0	306.0	0.21	0.01	0.005	0.006	0.25	6.59	0.16
including	202.5	258.4	55.9	0.25	0.01	0.005	0.007	0.12	6.31	0.12
MAN23-10	11.5	402.0	390.5	0.21	0.01	0.004	0.007	0.45	7.17	0.04
MAN23-11	10.5	402.0	391.5	0.17	0.01	0.028	0.022	0.36	6.89	0.03
*including*	117.0	145.5	28.5	0.03	0.01	0.330	0.220	0.34	5.32	0.02
and	157.7	306.0	148.3	0.22	0.01	0.003	0.004	0.33	6.82	0.03
MAN23-12	14.8	402.0	387.2	0.22	0.01	0.003	0.005	0.32	6.23	0.03

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AWALÉ ANNOUNCES C$10 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 16,130,000 units of the Corporation (the "Units") at a price of C$0.62 per Unit (the "Offering Price") for gross proceeds of C$10,000,600 (the "Underwritten Offering").

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Vizsla Copper Completes Acquisition of Universal Copper

Vizsla Copper Corp. (TSXV: VCU) (" Vizsla Copper ") and Universal Copper Ltd. (TSXV: UNV) (" Universal Copper ") are pleased to announce the completion of the plan of arrangement under the Business Corporations Act ( British Columbia ) (the " Arrangement "), as previously disclosed on February 14, 2024 . Pursuant to the terms of the Arrangement, among other things, (i) Vizsla Copper acquired 100% of the issued and outstanding common shares in the capital of Universal Copper (the " UNV Shares ") in exchange for the issuance of 0.23 common shares in the capital of Vizsla Copper (each whole common share, a " Vizsla Copper Share ") to shareholders of Universal Copper (" Shareholders ") in exchange for each UNV Share (the " Exchange Ratio "), (ii) Universal Copper's outstanding stock options (" Options ") were exchanged for options of Vizsla Copper, and (iii) Universal Copper's outstanding warrants became exercisable to acquire Vizsla Copper Shares, in amounts and at exercise prices adjusted in accordance with the Exchange Ratio.

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FPX Nickel Announces Expansion to Generative Alliance with JOGMEC

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce an expansion of the Company's Global Generative Alliance (the " Generative Alliance ") program with Japan Organization for Metals and Energy Security (" JOGMEC "). Building on Year One progress and positive momentum achieved to-date, FPX and JOGMEC have agreed to an expanded Year Two budget. The program will remain focused on the global identification and acquisition of high-quality awaruite nickel properties similar in geological character to the Company's flagship Baptiste Nickel Project (" Baptiste ") in central British Columbia.

Highlights

Global Generative Alliance budget increased from initially planned $650,000 to $1,500,000 for Year Two
Through ongoing evaluations in five international and three Canadian jurisdictions, the Generative Alliance program remains on track to define Designated Projects to be joint ventured by FPX and JOGMEC starting in Year Two
The Generative Alliance program has staked approximately 120 km ² of prospective ground in British Columbia

"We are pleased with our progress during Year One of our Generative Alliance with JOGMEC and look forward to increasing momentum through a significantly expanded Year Two budget," commented Andrew Osterloh , FPX's Senior Vice-President of Projects and Operations. "Our shared vision of realizing new globally significant awaruite nickel deposits remains resolute, and with ongoing evaluations in multiple Canadian and International jurisdictions, we are on track to achieve our shared objective of defining Designated Projects starting in Year Two."

A JOGMEC representative commented: "JOGMEC has decided to increase funding for Year Two activities with a view to identifying significant new awaruite deposits, which could be a globally significant, low-carbon, source of nickel for the electric vehicle battery supply chain toward the realization of a carbon-neutral society."

In April 2023 , FPX and JOGMEC initiated a Generative Alliance to carry out mineral exploration activities for the identification and acquisition of high-quality awaruite nickel targets on a worldwide basis. Under the terms of the agreement, JOGMEC funded 100% of the $650,000 budget in Year One (covering the year ended March 31, 2024 ) and will fund 100% of the first $650,000 budgeted for Year Two (for the year ended March 31, 2025 ).

Building on Year One progress and the positive results of work completed to-date, FPX and JOGMEC have agreed to expand the Year Two budget to a total of $1,500,000 . Under the terms of the agreement for Year Two, after JOGMEC has funded a cumulative total of $1,300,000 , the parties will fund ensuing exploration activities on pro-rata basis (FPX 40% and JOGMEC 60%).

Subject to agreement between FPX and JOGMEC, one or more specific targets identified by the Generative Alliance may be advanced to a second phase to be further developed as a separate designated project (" Designated Project "). Each Designated Project will have its own work program and budget with the objective, of testing and further developing the identified targets. For each Designated Project, JOGMEC and FPX will respectively fund 60% and 40% for approved work programs.

During Year One of the Generative Alliance, FPX's exploration team conducted evaluations and/or sampling programs in five international and three Canadian jurisdictions. With multiple evaluations ongoing, and further prospective opportunities identified, the program is on track to identify Designated Projects in its second year.

Representing the first ground staked under the Generative Alliance, the Company is pleased to announce the acquisition of approximately 120 km ² of new mineral claims in British Columbia. This staking was based on historic sampling by FPX coupled with updated geological interpretation based on FPX's learnings at Baptiste.

The Company is currently strategizing on additional mineral tenure acquisitions within British Columbia , elsewhere in Canada , and in multiple international jurisdictions across multiple continents; one or more of such land packages may ultimately be selected as a Designated Project under the terms of the Generative Alliance. As and when Designated Projects are confirmed, FPX will provide additional disclosure regarding the location and planned work programs for such Projects.

Keith Patterson , P.Geo., FPX's Vice President, Generative Exploration, FPX's Qualified Person under NI 43-101, has reviewed and approved the scientific and technical content of this news release.

About the Decar Nickel District

The Company's Baptiste Nickel Project represents a large-scale greenfield discovery of nickel mineralization in the form of a sulphur-free, nickel-iron mineral called awaruite (Ni ₃ Fe) hosted in an ultramafic/ophiolite complex. The Baptiste mineral claims cover an area of 245 km ² west of Middle River and north of Trembleur Lake, in central British Columbia. In addition to the Baptiste Deposit itself, awaruite mineralization has been confirmed through drilling at several target areas within the same claims package, most notably at the Van Target which is located 6 km to the north of the Baptiste Deposit. Since 2010, approximately US $30 million has been spent on the exploration and development of Baptiste.

The Baptiste Deposit is located within the Baptiste Creek watershed, on the traditional and unceded territories of the Tl'azt'en Nation and Binche Whut'en, and within several Tl'azt'enne and Binche Whut'enne keyohs. FPX has conducted mineral exploration activities to date subject to the conditions of agreements with First Nations and keyoh holders.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ .

On behalf of FPX Nickel Corp.

"Martin Turenne"
Martin Turenne , President, CEO and Director

Forward-Looking Statements

Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE FPX Nickel Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2024/18/c3991.html

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Northern Dynasty: USACE Updates the Pebble Permitting Process in Light of the EPA Veto

Northern Dynasty Minerals Ltd. (TSX:NDM);(NYSE American:NAK) ("Northern Dynasty" or the "Company") and 100%-owned U.S.- based subsidiary Pebble Limited Partnership ("Pebble Partnership" or "PLP") have been advised by the US Army Corps of Engineers ("USACE") that, after months of successive delays, the USACE has declined to engage in the remand process related to the November 25, 2020 denial of a permit application for the Pebble Project, citing the U.S. Environmental Protection Agency's ("EPA") intervening veto of the development at Pebble

After the November 25, 2020, denial of the permit application for the Pebble Project, a separate division of the USACE remanded the denial decision back to the USACE Alaska District on April 25, 2023, after an administrative review found numerous errors with the denial decision. Today, after several requests for extensions, the USACE has announced that it has declined to engage in the remand process altogether. The USACE reasoning is due to the EPA veto, which effectively prevents them from altering their decision while that veto is in place. On March 15, 2024, we announced we were filing an appeal of the EPA veto in Federal District Court in Alaska, and the State of Alaska filed its action against the veto on April 11, 2024.

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Atico Reports Consolidated Financial Results for 2023

(All amounts expressed in US dollars, unless otherwise stated)

Atico Mining Corporation (the "Company" or "Atico") (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the year ended December 31, 2023, posting income from mining operations of $7.4 million and a net loss of $5.8 million. Production for the year at Atico's El Roble mine totaled 13.2 million pounds ("lbs") of copper and 10,149 ounces ("oz") of gold in concentrate at a cash cost ( 1) of $2.04 per payable pound of copper (2) .

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Hole ID	Easting (mE)	Northing (mN)	Azimuth (⁰)	Dip (⁰)	Length (m)
REI24-17	456365	5403800	0	-60	702
REI24-18	456760	5404150	180	-60	720
REI24-19	456960	5404305	180	-60	726
REI24-20	456565	5404100	180	-60	702
REI24-21	456565	5404300	180	-60	702
REI24-22	456565	5404300	0	-60	492

Hole ID	From (m)	To (m)	Length (m)	Ni %	Co %	Pd g/t	Pt g/t	Pd+Pt g/t	S %
BAN23-01	65.0	347.0	282.0	0.27	0.010	0.004	0.008	0.012	0.01
including	239.0	284.0	45.0	0.30	0.010	0.006	0.015	0.021	0.01
including	275.0	279.5	4.5	0.34	0.010	0.010	0.056	0.066	0.01
BAN23-02	63.5	386.0	322.5	0.28	0.010	0.007	0.008	0.015	0.09
including	285.5	360.5	75.0	0.31	0.010	0.021	0.018	0.039	0.10
including	300.5	312.5	12.0	0.34	0.012	0.098	0.068	0.166	0.12
BAN23-03	32.0	332.0	300.0	0.29	0.009	0.003	0.004	0.007	0.02
including	239.0	263.0	24.0	0.34	0.010	0.010	0.004	0.014	0.03
BAN23-04	44.0	399.9	355.9	0.27	0.010	0.011	0.009	0.020	0.05
including	197.0	251.0	54.0	0.38	0.011	0.034	0.017	0.051	0.05
including	233.0	249.5	16.5	0.54	0.013	0.072	0.034	0.106	0.21
BAN23-05	10.8	401.0	390.2	0.28	0.010	0.005	0.005	0.010	0.02
including	98.0	108.5	10.5	0.34	0.010	0.017	0.014	0.031	0.03
and	143.0	146.0	3.0	0.48	0.011	0.066	0.039	0.105	0.09
BAN23-06	62.0	214.8	152.8	0.21	0.010	0.006	0.008	0.014	0.13
and	271.7	332.0	60.3	0.21	0.010	0.005	0.006	0.011	0.07

Hole ID	From (m)	To (m)	Length (m)	Ni %
GBN21-01	71.5	232.4	160.9	0.24
*including*	103.0	125.6	22.6	0.30
*with*	118.0	125.6	7.6	0.38
GBN21-02	40.5	337.0	296.5	0.28
*including*	98.0	210.0	112.0	0.32
*with*	147.0	195.0	48.0	0.34
GBN21-03	39.3	381.0	341.7	0.28
*including*	256.5	321.0	64.5	0.30
GBN21-04	115.5	309.0	193.5	0.31
*including*	133.5	162.0	28.5	0.40
*and*	225.0	247.5	22.5	0.41
GBN21-05	49.7	219.0	169.3	0.20
*including*	79.5	105.0	25.5	0.27
GBN21-06	60.0	247.5	189.0	0.27
*including*	133.5	174.0	40.5	0.30
*and*	210.0	235.5	25.5	0.31
GBN21-07	36.0	405.0	369.0	0.24
*including*	160.5	273.0	112.5	0.27
*with*	231.0	273.0	42.0	0.29
GBN21-08	72.0	303.0	231.0	0.24
*including*	132.0	258.0	126.0	0.28

Hole ID	Zone	Easting (mE)	Northing (mN)	Azimuth (⁰)	Dip (⁰)	Length (m)
BAN23-01	B	506714	5313946	245	-50	347
BAN23-02	B	507020	5313630	235	-50	386
BAN23-03	B	507113	5313412	240	-61	332
BAN23-04	B	506820	5313767	245	-55	401
BAN23-05	B	506890	5313398	55	-50	401
BAN23-06	B	506855	5313908	120	-50	332

	Q1	Q2	Q3	Q4	Total
Production (Contained in Concentrates) ⁽³⁾
Copper (000s pounds)	2,310	2,803	3,762	4,367	13,242
Gold (ounces)	2,553	2,313	2,705	2,578	10,149
Silver (ounces)	8,335	7,826	9,979	10,810	36,949
Mine
Tonnes of ore mined	60,568	72,340	77,947	78,132	288,987
Mill
Tonnes processed	62,793	68,471	74,580	73,030	278,874
Tonnes processed per day	747	799	888	853	825
Copper grade (%)	1.87	2.04	2.46	2.89	2.34
Gold grade (g/t)	2.23	1.80	1.83	1.75	1.89
Silver grade (g/t)	11.20	9.98	10.13	9.86	10.26
Recoveries
Copper (%)	89.2	90.6	93.0	93.9	91.8
Gold (%)	57.0	58.4	61.9	62.7	60.1
Silver (%)	37.5	36.6	41.0	47.0	40.7
Concentrates
Copper Concentrates (dmt)	5,815	6,789	9,336	10,727	32,667
Copper (%)	18.0	18.7	18.3	18.5	18.4
Gold (g/t)	13.7	10.5	9.0	7.5	9.7
Silver (g/t)	44.8	34.9	33.2	31.3	35.0

Payable copper produced (000s lb)	2,169	2,639	3,536	4,108	12,451
Cash cost per pound of payable copper ⁽¹⁾⁽²⁾ ($/lb)	2.20	2.22	1.97	1.91	2.04

_{⁽¹⁾ Alternative performance measures; please refer to "Non-GAAP Financial Measures" at the end of this release.}
_{⁽²⁾ Net of by-product credits}
_{⁽³⁾ Subject to adjustments on final settlement}

Hole ID	Zone	Easting (mE)	Northing (mN)	Azimuth (⁰)	Dip (⁰)	Length (m)
MAN23-01	NW	495641	5412486	235	-50	432
MAN23-02	NW	495967	5412226	235	-50	402
MAN23-03	NW	495967	5412226	35	-50	402
MAN23-04	NW	496257	5411972	235	-50	402
MAN23-05	NW	495360	5412699	225	-50	402
MAN23-06	NW	499728	5413633	0	-50	402
MAN23-07	CE	498762	5410346	345	-50	444
MAN23-08	CE	498762	5410346	180	-50	396
MAN23-09	CE	499200	5410800	160	-50	402
MAN23-10	CE	497600	5410380	0	-50	402
MAN23-11	CE	497600	5410380	180	-50	402
MAN23-12	CE	496800	5410171	0	-50	402
MAN23-13	NW	494930	5413340	240	-50	444
MAN23-14	NW	494429	5413990	62	-50	420
MAN23-15	NW	494845	5413725	60	-50	450

Canada Nickel Confirms High Grade Near-Surface Mineralization at Texmont

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Overview

Company Highlights

Key Project

Crawford Nickel-Sulphide Project

Management Team

Mark Selby - CEO

Wendy Kaufman – CFO

Steve Balch – VP Exploration

Pierre-Philippe Dupont – VP Sustainability

Desmond Tranquilla – VP Projects

Chris Chang – VP of Corporate Development

John Leddy – Senior Advisor Legal & Strategic Matters

Adam Schatzker – VP Corporate Development

David Smith – Chairman

Francisca Quinn – Director

Jennifer Morais – Director

Mike Cox – Director

Kulvir Singh Gill – Director

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