Vancouver, February 1, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce that it has commenced an internal scoping study to further evaluate the option to produce nickel sulphate for the electric vehicle (“EV”) battery supply chain from the high-grade nickel concentrate produced by the Company’s Baptiste Nickel Project (“Baptiste” or “the Project”) in central British Columbia. This study incorporates the positive results of previous leaching testwork on the clean, high-grade Baptiste nickel concentrate (63% nickel), which confirmed the Project’s potential to be a significant supplier of high-purity feedstock for the EV battery market.
FPX Nickel Reports Final Results of Maiden Drill Program at Van Target Confirming Large-Scale Footprint of Higher-Grade, Near-Surface Nickel Mineralization Open for Significant Expansion
Vancouver, January 6, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce the final drill results confirming the continued near-surface lateral extension of the significant new nickel discovery at the Van Target (“Van”) in the Company’s Decar Nickel District (“Decar” or the “District”) in central British Columbia. The results from holes 21VAN-005, 21VAN-006 and 21VAN-007 complement the first four discovery holes previously reported by the Company, with the first seven Van holes now defining a zone of strong awaruite nickel mineralization approximately 400 to 750 metres wide and up to 750 metres long, to downhole depths of up to 350 metres.
FPX Nickel Reports Pilot-Scale Metallurgical Test Results Demonstrating Potential for Significant Increase in Nickel Recovery at Baptiste Project
Vancouver, December 8, 2021 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce results from Phase 1 of an ongoing three-phase metallurgical test program to support the continued development of the Company’s Baptiste Nickel Project (“Baptiste” or the “Project”) at the Decar Nickel District in central British Columbia. The metallurgical test program is aimed at validating and optimizing the flowsheet outlined in the Project’s 2020 Preliminary Economic Assessment (“PEA”), and to support the development of a preliminary feasibility study (“PFS”).
FPX Nickel Reports Van Target Drilling Results Confirming Significant Lateral Extension of Higher-Grade, Near-Surface Nickel Mineralization
Vancouver, November 15, 2021 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce additional drill results confirming the lateral extension of the significant new nickel discovery at the Van Target (“Van”) in the Company’s Decar Nickel District (“Decar” or the “District”) in central British Columbia. The results from holes 21VAN-003 and 21VAN-004 complement the first two discovery holes reported by the Company on October 19th, with the first four Van holes now defining a zone of strong awaruite nickel mineralization measuring approximately 350 metres wide by 400 to 550 metres long, to downhole depths of 350 metres. Assays from the remaining five holes from this year’s maiden drill program are expected to be reported in the coming weeks.
FPX Nickel Testing Demonstrates Second Method for Enhanced Carbon Mineralization at Baptiste Nickel Project
Vancouver, November 2, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to report the results of new testing which demonstrates the potential for enhanced carbon capture and storage (“CCS”) in tailings and waste rock at its Baptiste Project (the “Project”) in the Decar Nickel District in central British Columbia. These laboratory tests, conducted by researchers from the University of British Columbia (“UBC”) funded by FPX and the Government of Canada, demonstrate that the injection of carbon dioxide (“CO2”) as simulated flue gas (10% CO2) can be expected to increase the ability of Baptiste tailings and waste rock to sequester CO2 into a permanent mineralized form, thereby boosting the Project’s potential to become the nickel industry’s first carbon-neutral or carbon-negative operation.