by FPX Nickel FPX Nickel

FPX Nickel Reports on Large-Scale Pilot Testwork, With Results Validating Baptiste Flowsheet and Overall Recovery Basis

Vancouver, January 24, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to present results from recently completed large-scale pilot testwork, with results validating both the flowsheet and the 85% Davis Tube Recoverable (“DTR”) nickel recovery assumed in the 2020 Preliminary Economic Assessment (“2020 PEA”) for the Baptiste Nickel Project (“Baptiste” or the “Project”) at the Decar Nickel District in central British Columbia.  The Company’s current large-scale, three-phase metallurgical testwork program, which has been ongoing since mid-2021, will conclude in the second quarter of 2023 and the resulting dataset will support the completion of the Baptiste Preliminary Feasibility Study (“PFS”).

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by FPX Nickel FPX Nickel

FPX Nickel Commences Preliminary Feasibility Study on the Baptiste Nickel Project

Vancouver, January 17, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce the commencement of a preliminary feasibility study (“PFS”) for the Baptiste Nickel Project (“Baptiste” or “the Project”) in central British Columbia.  The PFS will mark the culmination of the extensive de-risking and optimization program that has been undertaken since the issuance of the 2020 preliminary economic assessment (“2020 PEA”).  The PFS is expected to be completed in September 2023.

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by FPX Nickel FPX Nickel

FPX Nickel Announces Appointment of Engineering Manager Dan Apai, Former Principal Civil Engineer with Fluor Canada

Vancouver, January 9, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce the appointment of Dan Apai, P. Eng., as the Company’s Engineering Manager.  Mr. Apai, formerly Principal Civil Engineer with Fluor, specializes in the design and execution of large-scale mining projects and will lead the advancement of technical aspects for FPX projects, including the Company’s flagship, PFS-stage Baptiste Nickel Project in central British Columbia.

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by FPX Nickel FPX Nickel

FPX Nickel Announces Positive Step-Out Drill Results Expanding Van Target Mineralized Footprint to a Scale Comparable to Flagship Baptiste Nickel Deposit

Vancouver, January 4, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce additional drill results further confirming the significant lateral extension of the new nickel discovery at the Van Target (“Van”) in the Company’s Decar Nickel District (“Decar” or the “District”) in central British Columbia.  These drill results expand nickel mineralization approximately 1 km to the west of previous drilling, bringing the mineralized footprint at Van to approximately 2 km in strike length by 1 km in width.  Based on the first two drilling campaigns completed to-date, the scale of nickel mineralization at Van is trending toward being comparable to the Baptiste Deposit, which has a strike length of approximately 3 km with an average width of approximately 1 km.

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by FPX Nickel FPX Nickel

FPX Nickel Confirms Continuation of Strong Nickel Mineralization in Step-Out Drilling at Van Target, Returning the Highest-Grade Near-Surface Nickel Interval To-Date

Vancouver, December 12, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce the first step-out drillhole results confirming continued near-surface lateral extension of strong nickel mineralization at the Van Target (“Van”) in the Company’s Decar Nickel District (“Decar” or the “District”) in central British Columbia.  The first three widely-spaced holes drilled this year at Van, which is located 6 km north of the Baptiste Deposit (“Baptiste”), returned some of the strongest results in the District’s history, highlighted by the results of 22VAN-012, which intersected the highest-grading broad interval of near-surface nickel mineralization drilled to-date at Van.

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