Vancouver, British Columbia--(Newsfile Corp. - March 1, 2023) - Nickel North Exploration Corp. (TSXV: NNX) (the "Company" or "Nickel North") invites shareholders and stakeholders to visit them at Booth #2704 at The Prospectors & Developers Association of Canada Convention (PDAC) at the Metro Toronto Convention Centre (MTCC) on Sunday March 5 to Wednesday March 8th, 2023.
ABOUT NICKEL NORTH EXPLORATION
Nickel North Exploration is a Canada-based exploration company focused on defining a Cu-Ni-Co-PGE mineral resource at its Hawk Ridge Project in Northern Québec. The board of directors, advisor committee and management team are experienced, successful mine finders. The Property consists of a 50 km long belt of strong magmatic Ni-Cu-Co-PGE occurrences covering 173 km2. The project is located near tidewater. Québec is a mining friendly jurisdiction. Nickel North Exploration as a conscientious corporate citizen maintains good relations with local Inuit communities and is committed to sustainable development. For more information on the company, please visit www.nnexploration.com.
On July 5th, 2022, Nickel North announced a 77% increase in mineral resources at its Hawk Ridge nickel-cobalt-PGE sulphide project in northern Québec outlining an increase of 76.6% to 34.66 million tonnes (Mt) of inferred resource. Total inferred mineral resources for four mineralized deposits - Hope Advance Main (HAM), Hope Advance North (HAN), Gamma and Falco 7 totalled 34.66Mt at 0.22% nickel, 0.56% copper, 0.013% cobalt, 0.19 grams per ton (g/t) palladium, 0.05 g/t platinum and 0.025 g/t gold. This includes in-pit and out-of-pit Inferred Mineral Resource of Total Pit-Constrained resource - Inferred Mineral Resources at a CDN$35/t NSR cut-off increase by 50% to 29.44 Mt at 0.20% Ni, 0.52% Cu, 0.012% Co, 0.19 g/t Pd, 0.04 g/t Pt and 0.021 g/t Au, which equates to 0.56% NiEq and Total Out-Of-Pit (Underground) Inferred Mineral Resources at a CDN$100/t NSR cut-off are estimated at 5.22 Mt at average grades of 0.35% Ni, 0.79% Cu, 0.014% Co, 0.23 g/t Pd, 0.06 g/t Pt, and 0.04 g/t Au, which equates to 0.88% NiEq.
Nickel North Exploration Corp. has been identified as a key player in the Critical and Strategic Minerals value chain by Québec's Ministry of Economics and Innovation (MEI) in 2021 (Québec Plan for the Development of Critical and Strategic Minerals 2020-2025 (quebec.ca), which is part of Québec's Plan for the Development of Critical and Strategic Metals (QPDCSM) and aims to stimulate the exploration and mining of SCMs, their transformation, and recycling.
NICKEL NORTH EXPLORATION
Per: "Tony Guo"
Tony Guo
Nickel North Exploration Inc.
Tony Guo. P. Geo, Chief Executive Officer (Tel: +1-778-877-5480)
E-mail: info@nnexploration.com
North America IR / PR Jemini Capital
Jorge Galindo jorge@jeminicapital.com
Tel: +1 (647) 725-3888 x703
For further information please visit http://www.nnexploration.com
This news release may contain forward-looking information, which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames, or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither TSX Venture exchange nor its Regulations 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.
The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.
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