FPX Nickel Announces Appointment of Engineering Manager Dan Apai, Former Principal Civil Engineer with Fluor Canada
Suite 320 – 1155 West Pender Street
Vancouver, BC Canada V6E 2P4
Tel: 604.681.8600
e-mail: [email protected]
FPX Nickel Announces Appointment of Engineering Manager Dan
Apai, Former Principal Civil Engineer with Fluor Canada
Vancouver, January 9, 202 3 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF ) (“FPX” or the
“Company”) is pleased to announce the appointment of Dan Apai, P. Eng., as the Company’s Engineering
Manager. Mr. Apai, formerly Principal Civil Engineer with Fluor, specializes in the design and execution
of large -scale mining projects and will lead the advancem ent of technical aspects for FPX projects,
including the Company’s flagship, PFS-stage Baptiste Nickel Project in central British Columbia.
“We are excited to welcome Dan to our growing team and look forward to leveraging his robust experience
in large-scale project design and execution planning as we advance the Baptiste Nickel Project ,”
commented Andrew Osterloh, FPX Nickel’s Vice -President, Projects. “ Dan brings to the team distinct
strengths in capital efficiency, technical excellence, and the development of high-functioning teams.
Having personally worked with Dan on a wide variety of mining projects, I am confident he will provide
both technical leadership and strategic vision as we advance Baptiste through the PFS and beyond.”
Mr. Apai has over twenty years’ mining industry experience in civil engineering and engineering
management over a diverse range of projects. In his role as Principal Civil Engineer for Fluor Canada, he
led study and detailed engineering works for numerous large-scale mining projects for clients including
Teck, Newmont, BHP, First Quantu m, Glencore, Josemaria Resources , and Newcrest. Dan’s technical
expertise includes site layout, earthwork s, water management, linear facilities (i.e., roads, powerlines,
pipelines), and water supply systems – all elements that strongly influence the capital intensity,
permitability, and operability of mining projects. Mr. Apai is a Member of the Association of Professional
Engineers of British Columbia and holds a Bachelor of Engineering from the University of Western
Australia.
FPX has granted 250,000 stock options to Mr. Apai. The stock options have an exercise price of $0.45 per
share and will expire on January 9, 2028.
About the Decar Nickel District
The Company’s Decar Nickel District claims cover 2 45 km2 of the Mount Sidney Williams
ultramafic/ophiolite complex, 90 km northwest of Fort St. James in central British Columbia. The district
is a two-hour drive from Fort St. James on a high-speed logging road.
Decar hosts a greenfield discovery of nickel mineralization in the form of a naturally occurring nickel-iron
alloy called awaruite (Ni3Fe), which is amenable to bulk-tonnage, open-pit mining. Awaruite mineralization
has been identified in four target areas within this ophiolite complex, including the Baptiste resource, and
the B, Sid and Van targets . All four target areashave confirmed by drilling, petrographic examination,
electron probe analyses and outcrop sampling. Since 2010, approximately US$28 million has been spent
on the exploration and development of Decar.
Of the four targets in the Decar Nickel District, the Baptiste deposit, which is the most accessible and has
the biggest surface footprint, has been the focus of diamond drilling since 2010 with a total of 99 holes and
33,695 m of drilling completed. The Sid target was tested with two holes in 2010 and the B target had a
single hole drilled in 2011; all three holes intersected nickel -iron alloy mineralization over wide intervals
with DTR nickel grades comparable to the Baptiste deposit. At the Van target, the Company followed up
2021’s highly successful maiden drilling program with an aggressive step -out program in the summer of
2022, with first results released in December 2022 and final results in January 2023.
About FPX Nickel Corp.
FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in
central British Columbia, and other occurrences of the same unique style of naturally occurring nickel-iron
alloy mineralization known as awaruite. For more information, please view the Company’s website
at www.fpxnickel.com or contact Martin Turenne, President and CEO, at (604) 681 -8600
On behalf of FPX Nickel Corp.
"Martin Turenne"
Martin Turenne, President, CEO and Director
Forward-Looking Statements
Certain of the statements made and information contained herein is considered “forward-looking
information” within the meaning of applicable Canadian securities laws. These statements address future
events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's
periodic filings with Canadian sec urities regulators. Actual results could differ from those currently
projected. The Company does not assume the obligation to update any forward-looking statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibilit y for the
adequacy or accuracy of this release.