Nickel Rock Grants Stock Options
NEWS RELEASE
Nickel Rock Grants Stock Options
Coquitlam, BC – February 2, 2023 - Nickel Rock Resources Inc. (the “Company” or “Nickel
Rock”) (TSXV: NICL, OTCQB: NICKLF, FRA: NMK2) announces the grant of stock options exercisable
to purchase an aggregate of 1,200,000 common shares of the Company to the directors and officers.
The stock options are granted pursuant to the terms of the Company’s stock option plan, and the
requirements of the TSX Venture Exchange. The Stock options are exercisable at a price of $0.05 per
share for a period of five years from the grant date.
The stock options granted are subject to a four‐month and a day hold period expiring on June 3, 2023,
in accordance with applicable Canadian Securities Laws.
About Nickel Rock Resources Inc.
Nickel Rock Resources Inc. is a Canadian based exploration company whose primary listing is on the
TSX Venture Exchange. The Company’s maintains a focus on exploration for high value battery
metals required for the electric vehicle (EV) market. www.nickelrockresources.com
About the British Columbia, Nickel Projects
The Mount Sidney Williams Group consists of three claim blocks with a total area of 10,569 hectares
in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX
Nickel Corp., located 100 kilometres northwest of Fort St. James, B.C., in the Omineca mining division.
Metallic mineralization includes nickel, cobalt, and chromium. At least some of the nickel
mineralization occurs as awaruite. The Mitchell Range Group area claim consist of one claim block
covering 8,659 hectares with demonstrated metallic mineralization inclu ding nickel, cobalt, and
chromium. Nickel cobalt mineralization has not been well explored, but the presence of awaruite has
been documented. The Company has optioned out an 80% interest on certain mineral claims within
the Hard Nickel 4 and Nickel 100 exploration project, to Surge Battery Metals Inc. (TSXV:NILI).
The Company has entered into an Option Agreement to acquire a 100% interest, subject to a 2% NSR,
in 6 mineral claims (Funk claims) located approximately 15 km west of Mt Sydney Williams near Fort
St James, BC.
About Clayton Valley Lithium Project
The Company owns a 100% in 113 lithium lode and placer claims covering over 640 hectares in
Clayton Valley. Clayton Valley is a down‐dropped closed basin formed by the Miocene age Great Basin
extension and is still active due to movement along the Walker Lane structural zone. As a result, the
basin has preserved multiple layers of lithium bearing volcanic ash, resulting from multiple eruptive
events over the past 6 million years including eruptions from the 700,000 ‐year‐old Long Valley
Caldera system and related events. These ash layers are thought to contribute to the lithium brines
extracted by Albemarle and are also likely involved in the formation of the exposed lithium rich clay
deposits on the east side of Clayton Valley.
Nickel Rock Resources Inc.
3028 Quadra Court
Coquitlam, BC, V3B 5X6
604‐ 428‐5690
www.nickelrockresources.com
2
On Behalf of the Board of Directors
“Robert Setter”
604‐428‐5690
Robert Setter, President & CEO
Neither the TSX Venture Exchange no r its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release
may contain forward -looking statements which include, but are no t limited to, comments that involve future
events and conditions, which are subject to various risks and uncertainties. Except for statements of historical
facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and
security of mineral property titles, availability of funds, and others are forward -looking. Forward -looking
statements are not guarantees of future performance and actual results may vary materially from those
statements. General business cond itions are factors that could cause actual results to vary materially from
forward-looking statements.