Vancouver, July 18, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce that the Van Target (“Van”) step-out drilling program has started at the Company’s Decar Nickel District (“Decar”) in central British Columbia. This year’s drilling is focused on expansion of mineralization at Van, where an initial drilling program in 2021 confirmed a major new discovery and suggested the potential for Van to host a large-scale, standalone nickel deposit which could rival the deposit already delineated at Decar’s neighboring PEA-stage Baptiste Deposit.
FPX Nickel Announces Appointment of Cooper Quinn as New CEO of Subsidiary Company CO2 Lock Corp.
Vancouver, July 5, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce the appointment of Cooper Quinn as the President and Chief Executive Officer of its carbon capture and storage (“CCS”) subsidiary company, CO2 Lock Corp (“CO2 Lock”). Mr. Quinn brings to CO2 Lock over 15 years of experience in Canadian and international geoscience, with a diverse background in senior management of exploration programs and company leadership.
FPX Nickel Executes Development Memorandum of Agreement with Indigenous Partner Binche Whut’en for the Decar Nickel District in Central British Columbia
Vancouver, June 21, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce that it has executed a new Development Memorandum of Agreement (“MoA”) for the Decar Nickel District (“Decar”) with Binche Keyoh Bu Society (the “Binche Society”), representing the Keyoh families within the Binche Whut’en in central British Columbia.
FPX Nickel Completes Trade-Off Studies Demonstrating Tangible Improvements to the Baptiste Nickel Project
Vancouver, June 9, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to provide an update on key findings from a series of engineering trade-off studies (“TOS”) which have tangibly de-risked and improved the value of the Baptiste Nickel Project (the “Project”). These TOS focused on those project elements which have the strongest influence on overall Project value, with common objectives of optimizing Project economics, reducing the risk profile and better defining optionality ahead of the next study phase.
FPX Nickel Testing Continues to Demonstrate Potential for Significant Carbon Mineralization at Baptiste Nickel Project
Vancouver, May 31, 2022 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to report the results of new testing which continues to demonstrate the potential for enhanced carbon capture and storage (“CCS”) in tailings 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, were conducted on tailings representative of different operating scenarios at Baptiste, and demonstrate the ability of these representative tailings to sequester CO2 into a permanent mineralized form, thereby advancing the Project’s potential to become the nickel industry’s first carbon-neutral or carbon-negative operation.