RETRANSMISSION: Mink Ventures Signs Letter of Intent to Aquire an 80% Interest in the Montcalm Ni-Cu-Co Project for Possible Qualifying Transaction

Mink Ventures Corporation (TSXV: MINK.P) ("Mink" or the "Company") is pleased to announce that it has entered into a Letter of Intent dated June 27, 2022 ("LOI") with Voltage Metals Corp. (CSE: VOLT) ("Voltage") with respect to an option to acquire an 80% interest in the Montcalm Ni-Cu-Co project (the "Transaction") which covers 38.8 sq. km and is located adjacent to Glencore's past producing Montcalm Mine which had historical production of approximately 3.9 million tonnes grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2011) The Montcalm project is located 60 km northwest of Timmins, Ontario and has excellent access and infrastructure.

Terms of the Option:

Pursuant to the terms of the LOI, and subject to entering into a definitive agreement (the "Transaction Agreement"), Mink will have the exclusive option to acquire an 80% interest in the Montcalm project from Voltage by making the following cash payments, share issuances and minimum work expenditures:

Part 1:

Pay $25,000 to Voltage on or before the date of completion of the Qualifying Transaction (the "Effective Date");
Issue 800,000 common shares in the capital of Mink to Voltage on or immediately prior to the Effective Date;
Incur a minimum of $300,000 in work expenditures on the Property on or before April 10, 2023

Part 2:

Pay $25,000 to Voltage on or before the first anniversary of the Effective Date;
Issue 800,000 common shares in the capital of Mink to Voltage on or before the first anniversary of the Effective Date; and
Incur a minimum of $300,000 in work expenditures on the Property on or before April 10, 2024.

Mink may accelerate and carry forward any of the cash payments or work expenditures. Upon full exercise of the option, Mink shall assume responsibility for payment of the aggregate 1.25% net smelter returns royalty to the extent of its relative ownership interest in the Montcalm project.

Mink proposes to complete a private placement raising not less than $1,000,000 (the "Private Placement") to fund the phase one work program on the Montcalm project and general and administrative operating expenses. Mink does not plan to make any changes to its board of directors in connection with the Transaction.

The Transaction, when completed, may be considered to be Mink's Qualifying Transaction for the purposes of the TSX Venture Exchange Inc. (the "Exchange"). The Company has requested its common shares to be halted by the Exchange pending review of the materials for the Transaction. Trading in the common shares of the Company is expected to remain halted until the closing or termination of the Transaction.

Mink, a capital pool company within the meanings of the policies of the Exchange, does not have any operations and has no assets other than cash. Mink's business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction under the policies of the Exchange.

Completion of the Transaction is subject to a number of conditions, including but not limited to, successful negotiation of the Transaction Agreement, Exchange acceptance, and the completion of the Private Placement. There can be no assurance that the Transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

This is an initial press release. The Company intends to issue a further press release once it has entered into the Transaction Agreement.

The Exchange has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

Highlights of the Montcalm Project:

38.8 sq. km claim block adjacent to Montcalm Ni-Cu-Co Mine (historical production of approximately 3.9 million tonnes grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2011) with mine host geology (Montcalm Gabbro Complex "MGC") extending on to Mink's property.
Mink's holdings cover ~ 66% of the gabbro zone component of the MGC shown in blue in the accompanying Figure 2. The gabbro zone is the primary host of the Montcalm Mine. Other significant features include the megabreccia zone known to host anomalous nickel and copper mineralization designated Unit 4 in Figure 2.
There are a number of drill ready targets to be tested.
Some of the higher priority VTEM targets and ground IP targets that remain to be tested are within or proximal to a prospective target area designated the "Hook Zone" located within the gabbro zone of MGC.
A large portion of the southern section of the property has not been tested with airborne VTEM, which is capable of detecting deeper conductive zones between 350-400 meters below surface, well beyond the +- 200-meter capability of historical surveys. Known deposits at the adjacent mine were present well below the 200-meter elevation.

Future Exploration Plans which are subject to the completion and recommendations of an NI 43-101 report, which is currently underway, include:

An airborne VTEM survey and airborne gravity survey in the southern part of the property to complement existing surveys;
Maxwell Plate analysis of all VTEM data;
Further ground induced polarization (IP) surveys over priority Hook Target VTEM anomalies and magnetic anomalies;
Ground prospecting and sampling;
Secure permits for a diamond drill program

Mr. Kevin Filo, P.Geo. (Ontario), is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this release.

Figure 1. Property Location

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8332/129344_31316a84e4b80a43_001full.jpg

Figure 2

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8332/129344_31316a84e4b80a43_002full.jpg

About Mink Ventures Corporation:

Mink Ventures Corporation is a Capital Pool Company (CPC) that is focused on identifying and evaluating businesses and assets with a view to completing a Qualifying Transaction (QT). The Company has 8,367,500 shares outstanding.

About Voltage Metals Corp:

Voltage is a mineral exploration company with a highly experienced team focused on nickel and other battery metals exploration in the Canadian provinces of Ontario and Newfoundland. The Company looks to create shareholder value by aggregating and exploring projects that possess sound geology and brand-new discovery potential. Voltage has a deep roster of management and key stakeholders, who are expert in the essential resource trifecta of exploration, operations and finance.

For further information about Mink Ventures Corporation please visit www.minkventures.com or contact Natasha Dixon, President & CEO, T: 250-882-5620 E ndixon@minkventures.com

Forward Looking Statements

This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future business and operations of Mink. Forward-looking statements are necessarily based upon a number of estimates and 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 statements. Such factors include, but are not limited to, general business, economic, competitive, political and social uncertainties; and the delay or failure to receive applicable Board or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. These forward-looking statements are made as of the date hereof and Mink disclaims any intent or obligation to update publicly 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 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129344

News Provided by Newsfile via QuoteMedia

Voltage Metals CSE:VOLT Base Metals Investing

VOLT:CNX

CSE Bulletin: Suspension - Voltage Metals Corp.

Effective immediately, Voltage Metals Corp. is suspended pursuant to CSE Policy 3. The suspension is considered a Regulatory Halt as defined in National Instrument 23-101 Trading Rules. A cease trade order has been issued by the Ontario Securities Commission.

For more information about Cease Trade Orders, visit the Canadian Securities Administrators Cease Trade Order database at www.securities-administrators.ca.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Voltage Metals Corp. Announces Personnel Change and Status Update on Outstanding Filings

Voltage Metals Corp. ("Voltage" or the "Company") (CSE: VOLT) (OTC: VLTMF) is pleased to announce that Alice Margulies, CA, CPA, has been appointed as the Company's interim CFO effective June 8, 2023 bringing her professional expertise in junior mining audit. Ms. Margulies takes over from Nickolas Mah whose resignation as CFO was effective the day prior.

The Company further announces that in consultation with Ms. Margulies and its auditors, it has revised the expected date for filing its outstanding annual financial statements, management's discussion and analysis and the required certifications (the "Issuer Statements") to July 31, 2023 .

As was previously announced on May 5, 2023 , the Company's application for a temporary management cease trade order ("MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"), made on April 18, 2023 , was granted by the Ontario Securities Commission ("OSC") effective May 2 , 2023.

Said application for an MCTO was made on the basis that the Company was unable to file the Issuer Statements on or before the prescribed filing deadline of May 1 , 2023. The Company underwent a business combination transaction in its last financial year (the completion of which was previously announced on March 11, 2022 ), adding to the complexity of the audit of the Issuer Statements and contributing to the filing delay. The Company's recent change of auditors has also contributed to the delay.

The MCTO prohibits trading in securities of the Company by its CEO and CFO until the Issuer Statements are filed and the MCTO is lifted. While the MCTO remains in effect, the general public will continue to be able to trade in the Company's listed securities. By its terms, the MCTO will be revoked two business days following the receipt by the OSC of all filings the Company is required to make under Ontario securities law, or further order of the OSC.

The Company confirms that it will satisfy the provisions of the alternative information guidelines set out under Sections 9 and 10 of NP 12-203 until the Issuer Statements are filed.

About Voltage Metals

Voltage is a critical metals exploration and development company focused on Canadian projects near existing or past-producing mines.

Forward Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Voltage Metals Corp.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/June2023/25/c4098.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Voltage Metals Corp. Announces Approval of Application for Management Cease Trade Order

Voltage Metals Corp. ("Voltage" or the "Company") (CSE: VOLT) (OTC: VLTMF) announces that its application for a temporary management cease trade order ("MCTO") under National Policy 12-203 Management Cease Trade Orders ("NP 12-203") was granted by the Ontario Securities Commission effective May 2, 2023 .

As previously announced on April 18, 2023 , the Company applied for the MCTO on the basis that it would be unable to file its annual financial statements, management's discussion and analysis and the required certifications (the "Issuer Statements") on or before the prescribed filing deadline of May 1, 2023 .

The Company underwent a business combination transaction in its last financial year (the completion of which was previously announced on March 11, 2022 ), adding to the complexity of the audit of the Issuer Statements and contributing to the filing delay. The Company's recent change of auditors has also contributed to the delay.

The MCTO prohibits trading in securities of the Company by its CEO and CFO until the Issuer Statements are filed and the MCTO is lifted. While the MCTO remains in effect, the general public will continue to be able to trade in the Company's listed securities.

The Company expects to have the audit of the Issuer Statements completed no later than June 30, 2023.

The Company confirms that it will satisfy the provisions of the alternative information guidelines set out under Sections 9 and 10 of NP 12-203 until the Issuer Statements are filed.

About Voltage Metals

Voltage is a critical metals exploration and development company focused on Canadian projects near existing or past-producing mines.

Forward Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Voltage Metals Corp.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/May2023/05/c0450.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Voltage Metals Corp. Announces Change to Board of Directors and Management

Voltage Metals Corp. ("Voltage" or the "Company") (CSE: VOLT) (OTC: VLTMF) announces that Clayton Fisher formerly a director and president of the Company, has resigned effective March 1, 2023 . The Company wishes him well in his future endeavours.

About Voltage Metals

Voltage is a critical metals exploration and development company focused on Canadian projects near existing or past-producing mines.

Forward Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Voltage Metals Corp.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/April2023/27/c5467.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Voltage Metals Corp. Announces Application for Management Cease Trade Order

Voltage Metals Corp. ("Voltage" or the "Company") (CSE: VOLT) (OTC: VLTMF) announces that on April 13, 2023 it applied to the Ontario Securities Commission as principal regulator, and its additional regulators, for approval of a temporary management cease trade order ("MCTO") under National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). The Company did so in anticipation that it would be unable to file its annual financial statements, management's discussion and analysis and the required certifications (the "Issuer Statements" ) on or before the prescribed filing deadline of May 1, 2023 .

If granted, the MCTO will prohibit trading in securities of the Company by its CEO and CFO and certain other insiders until the Issuer Statements are filed and the MCTO is lifted.

The issuance of an MCTO will generally not affect the ability of persons who are not or have not been management of the Company to trade in its securities.

The Company underwent a business combination transaction in its last financial year (the completion of which was previously announced on March 11, 2022 ), adding to the complexity of the audit of the Issuer Statements and contributing to the filing delay. The Company's recent change of auditors has also contributed to the delay.

The Company expects to have the audit of the Issuer Statements completed no later than June 30, 2023.

The Company confirms that it will satisfy the provisions of the alternative information guidelines set out under Sections 9 and 10 of NP 12-203 until the Issuer Statements are filed.

About Voltage Metals

Voltage is a critical metals exploration and development company focused on Canadian projects near existing or past-producing mines.

Forward Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Voltage Metals Corp.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/April2023/18/c3990.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Awalé Announces Update for Shareholder Participation Right

Further to the news release of April 17, 2024, Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") announces further details and an increase regarding the participation right of its current shareholder. The shareholder has the right to maintain its percentage holding post offering. In order to account for the full ‎Underwritten Offering (including the Underwriter Option), a maximum of approximately 3,989,323 Units (as defined herein) at a price of $0.62 ‎per Unit may be issued to this shareholder for proceeds of approximately ‎‎$2,473,380, which is an increase of 1,021,403 ‎Units from the April 17, 2024 news release.‎ There is no assurance the shareholder will exercise the full participation right.‎ The Units are identical to those announced in the April 17, 2024 news release.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Couloir Capital Is Pleased to Announce It Has Initiated Research Coverage on Tinka Resources

Couloir Capital is pleased to announce it has initiated research coverage on Tinka Resources Limited (TSXV: TK) (OTCQB: TKRFF) (BVL: TK) ("TK" or "Company"). The new report is titled "Advancing One of the Largest Undeveloped Zinc Assets in the World."

Report excerpt: "Tinka's flagship property and current focus is one of the largest zinc deposits held by a junior mining company. The 2024 updated PEA further strengthens Ayawilca's potential to become a top-10 global zinc producer. The mine proposal outlines a 21-year operation processing 2 million tonnes of silver, zinc, and lead per year, with an additional tin component for 15 years at a rate of 0.3 million tonnes per year. The updated PEA highlights robust project economics with an after-tax NPV@8% of US$434 million and after-tax IRR of 25.9%."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

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").

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

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.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

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

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Date:	Le 7 juillet/July 2023
Symbol/Symbole:	VOLT

RETRANSMISSION: Mink Ventures Signs Letter of Intent to Aquire an 80% Interest in the Montcalm Ni-Cu-Co Project for Possible Qualifying Transaction

Date:

Latest News

Latest Press Releases

Related News

TOP STOCKS