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Nickel North Updates 2022 Field Works at Hawk Ridge Nickel-Copper-PGE Project, Expands High-Grade Massive Sulfide Nickel-Copper Mineralization at Four Zones
Newsfile Corp.
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Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Nickel North Exploration Corp. (TSXV: NNX) ("Nickel North" or the "Company") is pleased to announce that phase one of the Company's 2022 field works program at its Hawk Ridge Nickel-Copper-Cobalt-PGE Project completed September 10, 2022. NNX's team conducted a project scale soil sampling, ground prospecting and rock sampling targeted on the 50km long structure system at the Hawk Ridge Project.

The soil sampling program covered the five previously defined mineralization targets involving an area of approx. 25km2 (Figure 1). Total 400 soil samples have been collected based on the grid from 100mX100m to 300mX300m depending on the known mineralization, structure features and topographies. The purpose of this soil sampling program is to further define and study the Ni-Cu and PGE potential in the project area. All soil samples will be analyzed by handheld XRF Analyzer first and then send to the certified Lab for further assay.

The Company has completed the field mapping and rock sampling program which focus on the major four targets on the previously defined mineralization zones including Falco7, Hope Advance, Gamma and Pio Zone (Figure 2), which confirms the existing of the mineralization structures along almost whole 50km long structure strike; more important, the team has discovered and expanded the high-grade massive Nickel- Copper sulfides "Raglan type potato" zones at all four targets area (Figure 2, Table 1). The grades of the Nickel-copper massive sulfides samples within the four zones are up to 26-29% Ni (Awaruite?) or up to 4-6% Ni and 5-10% Cu (Pentlandite?) at Pio Zone (Figures, 3-4); up to 1.6% Ni and 4.1% Cu at Gamma zone (Figure 5), 0.69% Ni and 4.7% Cu at Hope Advance Zone (Figure 6) and 0.35% Ni and 1.1% Cu (Figure 7-8) at Falco7 zone respectively vie XRF analyzer tested in the field.

All data will be integrated, processed and modeled late of 2022 with the results and further exploration programs announced early 2023.

The Company has started its phase II 2022 field program this week and focus on shallow backpack drilling and surface mapping on the high-grade targets on the four zones (Figure 1) at the Hawk Ridge Nickel-Copper-Cobalt-PGE Project

Highlights of the 2022 Phase 1 Work Program:

  • Approx. 25km2, 100m x 300m grid lines based, total 400 soil samples have been collected along the 50km long structure at the five previously defined targets (Figure 1).

  • 110 mineralized or lithological rock samples have collected mainly within four targets including Falco 7, Hope Advance, Gamma and Pio zone (Figure 2).

  • 25km2 surface prospecting and mapping have been completed (Figure 2)

  • High-grade Ni-Cu massive sulfides, "Raglan type potato" mineralization have been defined and expanded at the four targets including Falco 7, Hope Advance, Gamma and Pio zone (Figures 2-8).

  • Samples from massive sulfide area at Falco 7 zone was tested with higher Zn and As anomalies (Table 1, samples S786362, S786363; Figure 7) may indicate the existing of new type of mineralization at Hawk Ridge project.

  • High-grade massive sulfide area up to 100m by 200m at Falco 7 zone northwest (Table 1, samples 0911P7,0911P8, S786366, S786367; Figure 8) has not been drilled previously, which may be related to the mafic-ultramafic intrusion center

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