Vancouver, September 6, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce results from the preliminary feasibility study (“PFS”) for its 100%-owned Baptiste Nickel Project (“Baptiste” or the “Project”) in central British Columbia, with an after-tax NPV8% of $2.01 Billion and IRR of 18.6% at $8.75 /lb Ni. The PFS has been prepared in accordance with National Instrument 43-101 (“NI 43-101”) and demonstrates the potential to develop a high-margin, long-life, large-scale, and low-carbon mine with unparalleled flexibility to produce either a high-grade concentrate (60% nickel) for direct feed into the stainless steel industry (the “Base Case”) or further refining into battery-grade nickel sulphate, cobalt precipitate, and copper concentrate products for the battery material supply chain (the “Refinery Option”). All amounts are in US Dollars unless otherwise indicated.
FPX Nickel to Host Investor Webinar and Release Preliminary Feasibility Study on Baptiste Nickel Project
Vancouver, August 31, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce that the Company will announce the results of a preliminary feasibility study (“PFS”) on the Baptiste Nickel Project (“Baptiste”) on September 6, 2023. The PFS will mark the culmination of the extensive de-risking and optimization program that has been undertaken since the issuance of the Baptiste 2020 preliminary economic assessment (“2020 PEA”).
FPX Nickel Announces Appointment of Senior Vice President, Sustainability & External Relations – Tim Bekhuys, Former Vice President, Environment & Sustainability at SSR Mining
Vancouver, August 28, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce the appointment of Tim Bekhuys as the Company’s Senior Vice President, Sustainability & External Relations. Mr. Bekhuys, formerly Vice President of Environment, Health, Safety & Sustainability with SSR Mining, has over 40 years of experience in mining, focused on environment, health and safety, sustainability, and external relations, including work on mergers and acquisitions, exploration, project development, operations and closure of mines across five continents. He will lead FPX’s Environment, Engagement and Sustainability team, leveraging his extensive experience in community engagement, environmental assessment and permitting activities for the continued advancement of FPX’s Baptiste Nickel Project (“Baptiste”) in central British Columbia.
FPX Nickel Provides Update on Engagement with Tl’azt’en Nation
Vancouver, August 9, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is commenting on recent public communications from Tl’azt’en Nation with respect to the 2012 Memorandum of Understanding (“MoU”) between Tl’azt’en Nation, family Keyoh Holders, and FPX, and concerns expressed related to resource development.
FPX Nickel Confirms Optimization of Baptiste Process Flowsheet, Improving Recovery by 4% for Upcoming Preliminary Feasibility Study
Vancouver, June 27, 2023 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce completion of the preliminary feasibility study (“PFS”) metallurgical testwork campaign with key results supporting the updated concentrator flowsheet and providing a materially improved understanding of the process characteristics of the Baptiste Nickel Project (“Baptiste” or the “Project”). The robust testwork campaign involved multiple bench- and pilot-scale programs, with the resultantly improved process design basis increasing the Davis tube recoverable (“DTR”) nickel recovery by 4% in comparison to the recovery assumed in the 2020 preliminary economic assessment (“PEA”).