Vancouver, September 30, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) announces that further to its news release dated September 9, 2020, it has filed the associated National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report (the “Report”) for the Preliminary Economic Assessment (“PEA”) for the Baptiste Project (“Baptiste” or the “Project”) at its wholly-owned Decar Nickel District in central British Columbia. The Report is dated September 29, 2020 and can be found under the Company’s profile at www.sedar.com. The PEA was prepared by BBA Inc. of Montreal, Canada with work on mine planning and tailings by Stantec Inc. of Vancouver, Canada.
FPX Nickel Announces Positive Preliminary Economic Assessment for Baptiste Project with US$1.7 Billion After-Tax NPV, 35-Year Mine Life, 4-Year Payback and C1 Operating Costs of US$2.74/lb Nickel
Vancouver, September 9, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce it has received positive results from the 2020 Preliminary Economic Assessment (“PEA”) for the Baptiste Project (“Baptiste” or the “Project”) at its wholly-owned Decar Nickel District in central British Columbia. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) by BBA Inc. of Montreal, Canada with work on mine planning and tailings by Stantec Inc. of Vancouver, Canada.
FPX Nickel Reports Initiation of Field Tests to Confirm the Potential for Significant Direct Air Carbon Capture at the Baptiste Nickel Project
Vancouver, September 1, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to report the commencement of the first-ever field tests which are designed to confirm the potential for the development of a low- or zero-carbon mining operation at its Baptiste Project in the Decar Nickel District in central British Columbia. The field tests, initiated in August by researchers from the University of British Columbia (“UBC”), build on previous positive laboratory tests, which have demonstrated that the Baptiste Project’s tailings can absorb considerable quantities of carbon dioxide (“CO2”) when exposed to air through a natural process of mineral carbonation.
FPX Nickel Announces Board Appointment of Former Vale Executive Stuart Harshaw
Vancouver, August 17, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce the appointment of Stuart Harshaw, P. Eng., MBA, to the Board of Directors, effective immediately. Mr. Harshaw is a leading figure in the global nickel market, with over 30 years’ experience in the production and marketing of nickel products worldwide, including in his roles as the Vice President of Marketing and Operations for Asia Pacific and Vice President, Ontario Operations for Vale S.A. (“Vale”) until 2017.
FPX Nickel Confirms Anticipated Timing for Completion of Preliminary Economic Assessment on Baptiste Nickel Deposit
Vancouver, April 6, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to provide an update on its corporate activities, including its plans for the preparation of an updated National Instrument (“NI”) 43-101 preliminary economic assessment (“PEA”) report on the Company’s Baptiste Deposit at its 100%-owned Decar Nickel District in central British Columbia. As previously disclosed in its news release dated February 25, 2020, the Company anticipates completion of the PEA in the late third quarter or fourth quarter of 2020.