FPX Nickel Subsidiary CO2 Lock Corp. Closes $1.1 Million Financing and Provides Technical Update on Standalone Carbon Capture and Storage Project in British Columbia

FPX Nickel Subsidiary CO2 Lock Corp. Closes $1.1 Million Financing and Provides Technical Update on Standalone Carbon Capture and Storage Project in British Columbia

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to provide an update on the activities of CO2 Lock Corp. (" CO2 Lock "), its majority-owned subsidiary focused on establishing standalone operations for the permanent storage of carbon dioxide in brucite-rich serpentinized peridotite (" BRSP ") host rock.  CO2 Lock has successfully completed its latest funding round, raising $1.1 million through a Simple Agreement for Future Equity (" SAFE ") from third-party investors.  Proceeds of the SAFE will be used to conduct additional field work and sample collection at CO2 Lock's wholly owned project site Sam, located southwest of Prince George utilizing ultramafic rocks and the mineral brucite for ex-situ carbon dioxide removal (" CDR ") or for in-situ CO 2 storage and sequestration as part of a carbon capture and storage (" CCS ") value chain.

FPX Nickel Corp. logo (CNW Group/FPX Nickel Corp.)

Highlights
  • Closing of $1.1M SAFE financing, funding CO2 Lock well into 2024
  • Recent completion of regional structural geology assessment and surficial terrain mapping at 100%-owned Sam project in central British Columbia
  • Planned commencement of significant, cutting-edge geophysics program to identify areas of higher porosity and permeability for groundwater flow

These technical programs advance CO2 Lock's understanding of key sub-surface parameters for future demonstration and pilot scale in-situ CO 2 mineralization programs.  Groundwater characteristics for in-situ mineralization are driven in large part by faulting and fracturing of the rock mass; with this work, CO2 Lock will be able to prioritize areas with more potential for high hydraulic conductivity most suitable for injection, and to follow up with exploration well drilling for injection testing, including CO 2 and other tracer elements to demonstrate carbon mineralization in the field.

Background

On March 30, 2022 , FPX announced the formation of CO2 Lock as a self-funding entity to pursue geoscience-related CCS opportunities.  FPX retains 100% of the carbon credits associated with CCS on its own properties, and will retain a right to use, free of charge, any intellectual property developed by CO2 Lock for the benefit of FPX's own properties.

CO2 Lock is working on three pathways to commercial CO 2 storage utilizing BRSP deposits; ex-situ rock, ex-situ water, and in-situ rock.  All three pathways utilize labile magnesium cations which combine with CO 2 to form stable carbonate minerals.  Both ex-situ pathways involve processing material from BRSP deposits above ground, mixing rock or water with CO 2 through various processes, and generating carbon minerals at surface.  The in-situ pathway involves injecting CO 2 rich water into BRSP deposits at depth; this process is similar to Project Orca in Iceland where a joint venture between Carbfix and Climeworks utilize basalts to permanently mineralize CO 2 in-situ.

Structural and Surficial Geologic Mapping

As part of CO2 Lock's ongoing site characterization work, a structural geology assessment was completed at the Sam project to identify major structures, faults, and stress regimes to identify prospective areas with high hydraulic conductivity.  Work was conducted at multiple scales using regional scale data, as well as site specific information from outcrop and geophysics.  Hydraulic conductivity is a key parameter for in-situ CO 2 injection; this structural lineament mapping will be utilized in the design of future exploration and well drilling as CO2 Lock looks to test in-situ CO 2 mineralization via injection in the near term prior to pilot scale injection design to permanently store captured CO 2 .

In addition, CO2 Lock completed surficial geology and terrain mapping to characterize surface materials across the Sam project area.  This work identified multiple areas with easy access to bedrock for ex-situ sample collection, as well as targets with limited cover for future ground-truthing and exploration as CO2 Lock looks to fully characterize site geology, mineral resources and CO 2 mineralization capacity.

Geophysics Program

CO2 Lock will also begin a towed transient electromagnetic (" tTEM ") survey at the Sam site.  This highly efficient system presents a new method of geophysics to map certain ground conditions and aquifer characteristics in the near-surface which are critical for shallow CO 2 injection testing.  This method provides high resolution data that can be interpreted and integrated with other structural and geologic data to prioritize areas for follow-up drilling and pilot scale testing.

About SAM

Located approximately 50 kilometers southwest of Prince George, BC , the 4084 hectare Sam project was staked in 2022 and hosts a large, serpentinized ultramafic body composed primarily of harzburgite, dunnite, and peridotite. This ultramafic assemblage is very similar to the Baptiste deposit in the Decar Nickel District owned by FPX Nickel Corp. ("FPX") where six years of foundational research on CO 2 mineralization was conducted, and which forms the basis for CO2 Lock's process. During the 2022 season, CO2 Lock initiated a rock sampling program to assess brucite mineralization of economically sizeable untested ultramafic rocks within the province of British Columbia . The Sam property contains ultramafic bodies identified by the BC Geological Survey through mapping and geophysical surveying along the same trend as the Decar Nickel District, and the Giga Metals Corp.'s Turnagain Nickel Project. These deposits and prospective bodies, including the Sam property, are all hosted within the Cache Creek Terrane, indicating similar geologically temporal and structural formation and obduction. These are key factors for brucite mineralization potential and increases the prospectivity of the Sam ultramafic bodies.

Dr. Peter M.D. Bradshaw , P. Eng., FPX Nickel's Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release.

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.

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.

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FPX Nickel Subsidiary CO2 Lock Corp. Named to Foresight 50 List of Canada's Most Investible Cleantech Ventures

FPX Nickel Subsidiary CO2 Lock Corp. Named to Foresight 50 List of Canada's Most Investible Cleantech Ventures

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce that CO2 Lock Corp. (" CO2 Lock "), its majority-owned subsidiary focused specializing in carbon capture and storage (" CCS ") has been named by Foresight Canada as one of the Foresight 50, Canada's Most Investible Cleantech Ventures.

FPX Nickel Corp. Logo (CNW Group/FPX Nickel Corp.)

"This recognition by one Canada's leading cleantech organization validates the progress CO2 Lock is making in advancing its carbon mineralization technology at its SAM project site in central British Columbia ," commented Martin Turenne , FPX's President and CEO. "Foresight has a long history of accelerating Canadian cleantech companies through to commercialization with financial and technical assistance, and CO2 Lock will be well-positioned to leverage their network and internal teams to advance its progress."

On March 30, 2022 , FPX announced the formation of CO2 Lock as a self-funding subsidiary entity to pursue geoscience-related CCS opportunities. FPX retains 100% of the carbon credits associated with CCS on its own properties, and will retain a right to use, free of charge, any intellectual property developed by CO2 Lock for the benefit of FPX's own properties.

The annual Foresight 50 list is selected by a panel of investors and stakeholders, based on multiple criteria including investibility, potential environmental and employment impact, leadership and team, and probability of success. More information on the Foresight 50, including the selection process and detailed information on each company chosen, can be found here: https://foresightcac.com/2023/11/08/2023-foresight-50

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 awaruite nickel mineralization. For more information, please view the Company's website at www.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.

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FPX Nickel Files Preliminary Feasibility Study for Baptiste Nickel Project

FPX Nickel Files Preliminary Feasibility Study for Baptiste Nickel Project

FPX Nickel Corp. (TSX-V: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") announces that further to its news release dated September 6, 2023 it has filed the associated National Instrument 43-101 Standards for Disclosure for Mineral Projects (" NI 43-101 ") technical report (the " Report ") for the Preliminary Feasibility Study (" PFS ") for the Baptiste Nickel Project (" Baptiste " or the " Project ") at its wholly-owned Decar Nickel District in central British Columbia. The report is dated October 18, 2023 and can be found under the Company's SEDAR+ profile at www.sedarplus.ca .

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FPX Nickel Announces Appointment of Chief Financial Officer and Corporate Secretary - Felicia de la Paz, Former Corporate Controller, Equinox Gold

FPX Nickel Announces Appointment of Chief Financial Officer and Corporate Secretary - Felicia de la Paz, Former Corporate Controller, Equinox Gold

 FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce the appointment of Felicia de la Paz as the Company's new Chief Financial Officer and Corporate Secretary. Ms. de la Paz has over 10 years of experience in mining, having previously served as a Senior Manager in KPMG LLP's mining practice and as the Corporate Controller for Equinox Gold Corp. The appointment of Ms. de la Paz is part of a planned succession plan, as previously announced by the Company on July 21 coinciding with the retirement of FPX's long-serving CFO and Corporate Secretary, Chris Mitchell who will be retained in advisory capacity to support an orderly changeover of duties.

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TSX VENTURE COMPANIES

None

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Canadian Investment Regulatory Organization Trade Resumption - FPX

Canadian Investment Regulatory Organization Trade Resumption - FPX

Trading resumes in:

Company: FPX Nickel Corp

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Pampa Metals Reports 130m From 362m @ 1.31% CuEq*, Within a Broader Interval of 558m From 362m @ 0.73% CuEq* Which Remains Open at Depth

Pampa Metals Reports 130m From 362m @ 1.31% CuEq*, Within a Broader Interval of 558m From 362m @ 0.73% CuEq* Which Remains Open at Depth

Pampa Metals Corp. ("PMC" or the "Company") (CSE:PM)(FSE:FIR)(OTCQB:PMMCF) is pleased to announce the assay results from the PIU16-DDH01 diamond drillhole (920.2 m) completed at the Piuquenes Project in the 2015-2016 season (refer 30 November 2023 News Release

Results include:
- 558.2 m (362-920.2 m EOH) @ 0.38% Cu & 0.42 g/ Au & 2.4 g/t Ag (0.73% CuEq)*
Including:
- 296 m (362-658 m) @ 0.5 % Cu & 0.5 g/t Au & 2.7 g/t Ag (0.91% CuEq)*,
- 180 m (362-542 m) @ 0.71% Cu & 0.61 g/t Au & 3.8 g/t Ag (1.22% CuEq)* and
- 130 m (362-492 m) @ 0.81% Cu & 0.6 g/t Au & 4 g/t Ag (1.31 % CuEq)*

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Canadian North Resources Announces the Engagement of Market Making Services

Canadian North Resources Announces the Engagement of Market Making Services

Canadian North Resources Inc. ("the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce the engagement of Independent Trading Group (ITG), Inc. ("ITG") to provide certain market-making services to the Company pursuant to an agreement ("the Agreement"), dated December 1, 2023.

ITG will trade the securities of the Company on the TSX Venture Exchange to maintain an orderly market and improve the liquidity of the Company's common shares. In consideration of the services provided by ITG, the Company will pay ITG a monthly cash fee of $5,000 for an initial term of one month, which will automatically extend for successive one-month terms unless terminated by either party on 30 days' prior written notice. The services to be provided by ITG commenced on December 1, 2023.

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VIZSLA COPPER EXTENDS DEERHORN AND TAKOM DEPOSITS AND INTERSECTS STRONGEST COPPER MINERALIZATION TO DATE AT THE MEGATON ZONE

VIZSLA COPPER EXTENDS DEERHORN AND TAKOM DEPOSITS AND INTERSECTS STRONGEST COPPER MINERALIZATION TO DATE AT THE MEGATON ZONE

Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) ( FRANKFURT : 97E0) (" Vizsla Copper " or the " Company ") is pleased to report additional assay results from its summer core drilling program at the Woodjam copper-gold project (the " Woodjam Project " or " Woodjam ") in central BC (Figure 1).  Highlights include significant extensions to the Deerhorn and Takom deposits and the strongest copper mineralization to date at the Megaton zone.

HIGHLIGHTS

Mineralization Extended at the Deerhorn and Takom Deposits.

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WESTERN COPPER AND GOLD PROVIDES UPDATE ON THE PORT OF SKAGWAY

WESTERN COPPER AND GOLD PROVIDES UPDATE ON THE PORT OF SKAGWAY

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce during the 2023 Fall Sitting of the Yukon Legislative Assembly, the Yukon Government approved $21.4 million for investment in the Municipality of Skagway's (or "Skagway") redevelopment of their dock infrastructure to include a Marine Services Platform ("MSP") to continue to support ore export for the Yukon mining industry.

Western Copper and Gold Corporation logo (CNW Group/Western Copper and Gold Corporation)

The approval of this investment follows the Yukon Government signing of a term sheet with Skagway on September 7, 2023 , outlining the terms and conditions of the investment, proposing an initial 35-year preferential access to the port with an option to extend for another 15 years, as well as a significant investment in the initial engineering of the MSP. The Yukon government is currently working towards finalizing an Export Cooperation Agreement with Skagway .

The MSP at Skagway is located in South-east Alaska and is 560 km from, and is the closest tidewater port to, the Casino Project. The Port of Skagway has historically been the preferred port to ship concentrates from the Yukon , and most recently was used to ship copper concentrates from the Minto Mine.

"Further investment and commitment from the Yukon Government in advancing infrastructure for the mining industry is another step in the right direction to advancing the Casino Project." said Paul West-Sells , President and Chief Executive Officer. "We remain confident that the Casino Project is a great asset for the Yukon that will provide benefits to Yukon communities and First Nations for generations to come."

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com

On behalf of the board,

"Paul West-Sells"

Dr. Paul West-Sells
President and CEO
western copper and gold corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements concerning anticipated developments in Western's operations in future periods. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Certain forward-looking information should also be considered future-oriented financial information ("FOFI") as that term is defined in NI 51-102. The purpose of disclosing FOFI is to provide a general overview of management's expectations regarding the anticipated results of operations and capital expenditures and readers are cautioned that FOFI may not be appropriate for other purposes. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. These forward-looking statements may include, but are not limited to, statements regarding: mineral resource and reserve estimation; mine plan and operations; internal rate of return; sensitivities; net present value; potential recoveries; design parameters; economic potential; processing mineralized material; the potential of robust economics at Casino ; advancing the Project through additional engineering and towards the next step in permitting and submission of an environmental and socio-economic effects statement; key changes to the TMF design; increases to the gold recovery in the heap leach; potential economic returns from the Project; estimated initial capital investment costs; estimated operating costs; estimated mining costs; development of the airstrip and all weather access road; anticipated concentrate handling service charges; developing and operating the Project in a safe, ethical and socially-responsible manner; plans for further development and securing the required permits and licenses for further studies to consider operation; market price of precious and base metals; or other statements that are not statement of fact. The material factors or assumptions used to develop forward-looking statements include prevailing and projected market prices and foreign exchange rates, exploration estimates and results, continued availability of capital and financing, construction and operations, the Company not experiencing unforeseen delays, unexpected geological or other effects, equipment failures, permitting delays, and general economic, market or business conditions and as more specifically disclosed throughout this document, and in the AIF and Form 40-F.

Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; risks related to joint venture operations; risks related to cooperation of government agencies and First Nations in the development of the property and the issuance of required permits; risks related to the need to obtain additional financing to develop the property and uncertainty as to the availability and terms of future financing; the possibility of delay in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.

Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

SOURCE western copper and gold corporation

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Lumina Gold

Lumina Gold Completes Metallurgical and Resource Drilling and Commences Feasibility Study Metallurgical Testing

Recent Project Highlights:

  • Completed 7,767 metres for the purpose of upgrading some of the Indicated Resource to the Measured category.
  • Completed 3,065 metres of dedicated diamond drill holes for the collection of metallurgical samples and comminution testing samples.
  • Samples have arrived in Peru , which allows for confirmatory and optimization metallurgical test work to begin.
  • Additional samples have arrived at the material testing facility in the US for the comminution testing.
  • Test work is on schedule and will support the proposed completion of the feasibility study in H1 2025.

Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce the initiation of a major work program to support the development of the Cangrejos and Gran Bestia gold-copper deposits. The key components of the program include the collection of twenty metallurgical composite samples from dedicated drill holes within the Cangrejos and Gran Bestia deposits, comminution test work, detailed mineralogy and flotation test work for gold and copper recovery estimates and providing concentrate samples for marketing studies. Test work has been awarded to C. H. Plenge & CIA S.A. ("Plenge"), an independent metallurgical laboratory based in Lima, Peru which has previously provided metallurgical support to the Company and Metso USA .

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Osisko Metals Inc. to Present at the Clean Energy and Precious Metals Virtual Investor Conference December 6th

Osisko Metals Inc. to Present at the Clean Energy and Precious Metals Virtual Investor Conference December 6th

Osisko Metals Incorporated ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) based in Montreal, Canada, focused on base metals, today announced that Robert Wares, Chairman and CEO, will present live at the Clean Energy and Precious Metals Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on December 6 th .

DATE : December 6 th
TIME: 2:00 PM EST
LINK: https://bit.ly/3rOONJH
Available for 1x1 meetings: December 4th and 5th

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