FPX Nickel to Prepare Updated Mineral Resource Estimate for Baptiste Nickel Project with Inclusion of Total Nickel, Cobalt and Iron Grades

FPX Nickel to Prepare Updated Mineral Resource Estimate for Baptiste Nickel Project with Inclusion of Total Nickel, Cobalt and Iron Grades

 FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to report that it is has engaged Next Mine Consulting Ltd. to prepare an updated mineral resource estimate for the Baptiste Project (" Baptiste " or the " Project ") at the Decar Nickel District (" Decar ") in central British Columbia incorporating results from 2021's successful in-fill drilling program. The mineral resource estimate, which is expected to be completed in the fourth quarter of 2022, will be based on an improved modelling approach including both geological domaining and grade shell modelling, and will be expanded to report the mineral content of total nickel and potential by-product elements including iron and cobalt.

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

Highlights
  • New Baptiste Deposit Mineral Resource Estimate, with the following improvements:
    • Inclusion of results from the successful 2021 in-fill drilling program and confirming of indicated resources
    • Incorporation of an improved modelling approach including both geological domaining and grade shell modelling, which is expected to better define internal deposit variability and yield an improvement in average Davis Tube Recoverable (" DTR ") nickel grade
    • Expansion of the reported mineral content to include estimated grades of total nickel, DTR cobalt, and DTR iron, all representing potential new streams of value for the Project

"The new mineral resource estimate will represent another important de-risking step in the ongoing development of Baptiste as a large-scale, low-cost and low-carbon nickel project," noted Martin Turenne , FPX's President and CEO. "We are particularly excited by the potential for a new modelling approach to yield a more robust, higher-grade DTR nickel resource, and by the inclusion, for the first time in the Project's history, of grade reporting for total nickel and the potentially significant by-product elements of cobalt and iron."

Work is currently underway to produce an updated Baptiste resource model incorporating results from 2021's successful in-fill drilling program (see the Company's News Release dated March 14, 2022 ). The new approach to preparing the updated resource model includes both geological domaining and grade shell modelling, as compared to the previous approach applied in the 2020 Preliminary Economic Assessment (" PEA ") which solely used geological domaining. The grade shell domaining methodology includes classification of material into low, medium, and high-grade shells (0.06-0.10% DTR nickel, 0.10-0.14% DTR nickel, and >0.14% DTR nickel, respectively).

The development of the new interburden model is informed by the previous dike model and altered zones adjacent to dike-host contacts. The model is further refined by the results of the 2021 in-fill drilling program and structural measurements obtained from directional drilling. This represents a shift away from the previous block model which saw a 3% removal of rock mass to account for waste or dike sections within the deposit. In conjunction with the new modelling approach, this interburden model will allow for better understanding and segregation of internal waste for mine design purposes.

Initial block modelling results appear favourable with the following potential outcomes:

  • An anticipated increase in DTR nickel grade in both the indicated and inferred categories with an expected minor reduction in overall tonnage
  • Inclusion of new 2021 drilling results supporting the classification of resources in the indicated category

Further, the scope of the updated resource model will be expanded to include grade estimations of total nickel, DTR cobalt, and DTR iron to support process flowsheet opportunities currently being evaluated by the Company, including:

  • Total Nickel: potential to produce a secondary nickel product consisting of nickel sulphide minerals and/or very fine grained awaruite which currently does not report as DTR nickel
  • DTR Cobalt: potential to produce a cobalt product (such as mixed hydroxide precipitate (" MHP ")) as a secondary product from a hydrometallurgical operation producing nickel sulphate for the electric vehicle (" EV ") battery industry
  • DTR Iron: potential to upgrade flotation circuit tails to produce an iron ore concentrate

Further refinements to the classification, variography, and estimators are currently in progress, in addition to an independent third-party review by SLR Consulting (formerly Rosco Postle Associates, or " RPA ") of the new modelling and estimation approach.

The Company expects to release results of the updated Baptiste mineral resource estimate in the third quarter of 2022, and to publish complete results in the Project's next National Instrument (" NI ") 43-101 technical report, which is currently forecast for the third quarter of 2022.

Erin Wilson , P. Geo., FPX Nickel's Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release.

About the Decar Nickel District

The Company's Decar Nickel District claims cover 245 km 2 of the Mount Sidney Williams ultramafic/ophiolite complex, 90 km northwest of Fort St. James in central British Columbia . The district is a two-hour drive from Fort St. James on a high-speed logging road.

Decar hosts a greenfield discovery of nickel mineralization in the form of a naturally occurring nickel-iron alloy called awaruite (Ni 3 Fe), which is amenable to bulk-tonnage, open-pit mining. Awaruite mineralization has been identified in four target areas within this ophiolite complex, being the Baptiste Deposit, and the B, Sid and Van targets, as confirmed by drilling, petrographic examination, electron probe analyses and outcrop sampling on all four targets. Since 2010, approximately US $28 million has been spent on the exploration and development of Decar.

Of the four targets in the Decar Nickel District, the Baptiste Deposit, which was initially the most accessible and had the biggest known surface footprint, has been the focus of diamond drilling since 2010, with a total of 99 holes and 33,700 m of drilling completed. The Sid target was tested with two holes in 2010 and the B target had a single hole drilled in 2011; all three holes intersected nickel-iron alloy mineralization over wide intervals with DTR nickel grades comparable to the Baptiste Deposit. At the Van target, the Company followed up 2021's highly successful maiden drilling program with an aggressive step-out program in the summer of 2022, with results forecast for release in the fourth quarter of 2022.

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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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.

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SKRR Exploration Inc. Announces Letter of Intent with X1 Entertainment Group Inc. for the Manson Bay Project, Saskatchewan

SKRR Exploration Inc. Announces Letter of Intent with X1 Entertainment Group Inc. for the Manson Bay Project, Saskatchewan

 SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (" SKRR " or the " Company ") is pleased to announce it has entered into a letter of intent (" LOI ") with X1 Entertainment Group Inc. (CSE: XONE) (" X1 "), whereby SKRR and X1 will negotiate and settle the terms of a definitive acquisition agreement (the " Acquisition Agreement ") for X1 to acquire a 100% interest in SKRR's wholly-owned Manson Bay gold project (the " Manson Bay Project ").

SKRR Exploration Logo (CNW Group/SKRR EXPLORATION INC.)

The Manson Bay Project is located in the Trans Hudson Corridor in east-central Saskatchewan , approximately 40km northwest of the historic mining center of Flin Flon , on the Manitoba border. The Manson Bay Project consists of thirteen (13) contiguous mineral claims totaling 4,293.213 hectares.

Under the terms of the LOI, X1 may acquire a 100% interest in the Manson Bay Project by issuing 1,000,000 common shares in the capital of X1 to SKRR. The potential Acquisition Agreement and the consideration and transactions contemplated thereunder, will be subject to and in accordance with applicable corporate and securities laws and the approval of the Canadian Securities Exchange, and if required, the approval of the TSX Venture Exchange and any other such approvals that may be required, including approval of the shareholders of X1.

Further details regarding the proposed transaction with X1 will be provided in a comprehensive news release if, and when, the parties enter into the Acquisition Agreement. There can be no guarantees that the proposed transaction will be completed as contemplated or at all.

SKRR is a Canadian-based precious and base metal explorer with properties in British Columbia and Saskatchewan – some of the world's highest ranked mining jurisdictions. The primary exploration focus is on the Trans-Hudson Corridor in Saskatchewan in search of world class precious and base metal deposits. The Trans-Hudson Orogen – although extremely well known in geological terms has been significantly under-explored in Saskatchewan . SKRR is committed to all stakeholders including shareholders, all its partners and the environment in which it operates.

ON BEHALF OF THE BOARD

Sherman Dahl
President & CEO
Tel: 250-558-8340

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

Forward-Looking Information

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements that address the potential transaction with X1 including entering into the Acquisition Agreement, Canadian Securities Exchange and TSX Venture Exchange approval of the transaction, as applicable, approval of the shareholders of X1 and other statements relating to the technical, financial and business prospects of the Company, its projects and other matters, and the Company's plans and goals. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, the ability to secure equipment and personnel to carry out work programs, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, the interpretation of technical and scientific data, risks related to the inherent uncertainty of exploration and development and cost estimates and the potential for unexpected costs and expenses and including those filed under the Company's profile on SEDAR at www.sedarplus.ca . There is a possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, decrease in the price of metals, equipment failures or failure to obtain the necessary equipment, failure to maintain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

SOURCE SKRR Exploration Inc.

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1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") is pleased to announce that, further to the Company's news releases dated March 6, 2023 and September 23, 2023, the Company has entered into an amended and restated option agreement (the "Amended and Restated Option Agreement") with Nickel North Exploration Corp. ("NNX") with respect to the option agreement between the parties dated March 6, 2023, as amended (the "Option Agreement"), relating to the Company's option to acquire the Hawk Ridge Project. Pursuant to the Amended and Restated Option Agreement, the parties have agreed to amend the payment terms and conditions of the Option Agreement as follows:

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Pampa Metals Options Copper-Gold Project Along San Juan Porphyry Belt. Historical Unaudited Intervals Include 413.5m from 167 @ 0.47% Cu and 0.52 g/t Au *

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Pampa Metals Corp. ("PMC" or the "Company") (CSE:PM)(FSE:FIRA)(OTCQX:PMMCF) is pleased to announce that on November 30, 2023 it entered into an option and joint venture agreement with Compañia Minera Piuquenes S.A (a Panamanian entity) to acquire an 80% interest in the Piuquenes porphyry copper-gold project located in the San Juan province, Argentina. Proximal to the globally significant El Pachón (Glencore) and Altar (Aldebaran Resources) Projects, the Piuquenes porphyry copper-gold project has been privately held since its discovery

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Dr. Jack Milton and the Fireweed Metals Team Receive the 2023 AME H.H. "Spud" Huestis Award

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Fireweed Metals CORP. ("Fireweed") (TSXV: FWZ; OTCQB: FWEDF; FSE: M0G) is pleased to share that Dr. Jack Milton, VP Geology, and the Fireweed Team have been announced as the recipients of the prestigious 2023 Association for Mineral Exploration (AME) H.H. "Spud" Huestis Award for applying a combination of progressive and innovative prospecting techniques and geoscientific technologies leading to the discovery of Boundary West and the expansion of significant mineral resources at the Macmillan Pass ("Macpass") Project, Yukon.

Highlights

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Canadian North Resources Inc. Reports Exceptional Operational and Financial Results for the Third Quarter Ended September 30, 2023

Canadian North Resources Inc. Reports Exceptional Operational and Financial Results for the Third Quarter Ended September 30, 2023

Highlights:

  • Completed 21,126 metres in 78 holes for the planned 20,000-metre drilling program in 2023.
  • Intersected high-grade nickel, copper, cobalt, palladium and platinum massive to semi-massive sulphides and wide disseminated sulphide mineralized zones, e.g.,
    • 10 metres grading 0.48% Ni, 1.48% Cu, 0.06% Co, 1.28g/t Pd and 0.06g/t Pt in hole FL23-481B.
    • 112.5 metres grading 0.16% Ni, 0.23% Cu, 0.02% Co, 0.35g/t Pd and 0.06g/t Pt in hole FL23-527B.
  • Expanded >3,000 metres in total of the main mineralized zones along the strike (1,600 m in West Zone and 1,400 m in East Zone); extended the satellite mineralized zones for 200-450 metres.
  • Adding results of 39,270 metres in 145 holes of new diamond drilling in 2021-23 to the project database for the completion of an updated Mineral Resources estimation.

Canadian North Resources Inc. ("the Company", TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the operational and financial results for the third quarter ended September 30, 2023.

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