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.
FPX Nickel Plans Step-Out Drilling Program to Test Expansion of Significant New Nickel Discovery at Van Target
Vancouver, May 24, 2022 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to provide an overview of our planned 2022 exploration drilling program at the Company’s Decar Nickel District (“Decar”) in central British Columbia. This year’s drilling will focus on expansion of mineralization at the Van Target, 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 Baptiste Deposit.
FPX Nickel Announces Board Appointment of Anne Currie, Former Senior Partner with Environmental Resources Management (ERM)
Vancouver, April 12, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce the appointment of Anne Currie to the Board of Directors, effective immediately. Ms. Currie is a recognized leader in the permitting of major Canadian mining projects, with over 30 years of experience in the private and public sector, including as a former senior partner with the leading global consultancy Environmental Resources Management (“ERM”), and in her prior role as British Columbia’s Chief Gold Commissioner, the chief regulatory authority for the Mineral Tenure Act.
FPX Nickel Establishes Subsidiary Company CO2 Lock Corp. to Pursue Large-Scale, Low-Cost and Permanent Carbon Capture and Storage
Vancouver, March 30, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce that it has established a new subsidiary company, CO2 Lock Corp. (“CO2 Lock”), to pursue opportunities in large-scale, low-cost and permanent carbon capture and storage (“CCS”). CO2 Lock has raised $1.7 million in a seed round financing, leaving FPX Nickel with an approximately 76% ownership interest (fully diluted) in CO2 Lock, which will proceed with an independent management team in developing carbon sequestration operations in geological settings worldwide with similarities to FPX’s Decar Nickel District (“Decar”).