FPX Nickel Announces Appointment of Principal Metallurgist – Kyle Marte, Former Senior Process Engineer with Fluor
Suite 320 – 1155 West Pender St.
Vancouver, BC Canada V6E 2P4
Tel: 604.681.8600
e-mail: [email protected]
FPX Nickel Announces Appointment of Principal Metallurgist –
Kyle Marte, Former Senior Process Engineer with Fluor
Vancouver, March 7, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF ) (“FPX” or the
“Company”) is pleased to announce the appointment of Kyle Marte, P. Eng., as the Company’s Principal
Metallurgist. Mr. Marte, formerly Senior Process E ngineer with Fluor Canada Ltd. specializing in the
metallurgical recovery of base and battery metals , will lead the advancement o f the metallurgical
understanding of FPX’s projects, including the PEA-stage Baptiste Nickel Project in central British
Columbia.
“We are excited to welcome Kyle to our growing team and look forward to leveraging his in -depth
understanding of concentrator and hydrometallurgical processes in both base and battery metals ,”
commented Andrew Osterloh, FPX Nickel’s Vice-President, Projects. “ After spending the early part of
his career focused in copper, Kyle has since focused on project s in the battery metal sphere, acting as a
lead process engineer for some of the world’s largest mining companies from concept studies through to
detailed d esign. As we continue the development of an optimized flowsheet for our flagship Baptiste
project, Kyle will play a critical role in advancing the opportunity for FPX to be a leading producer of
low-cost, low-carbon nickel sulphate for electric vehicle batteries.”
Mr. Marte has 15 years’ mining industry experience in mineral processing and hydrometallurgy . In his
role as Senior Process Engineer for Fluor, he led the metallurgical development for several base and
battery metal projects for clients including, South32, ioneer, Albermarle, and Freeport McMoRan . Prior
to joining Fluor, Mr. Marte acted as Senior Process Engineer at Wood (formerly Amec Foster Wheeler),
where he led and/or supported process engineering for clients including Teck, Rio Tinto and L undin
Mining. Earlier in his career, he was the Lead Process Engineer for the Baja Mining Owner’s Team on
the Boleo project , supporting detailed design and commissioning of a whole -ore refinery producing
copper cathode, cobalt cathode, and zinc sulphate salts. Mr. Marte is a Member of the Association of
Professional Engineers and Geoscientists of British Columbia and holds a Bachelor of Applied Science in
Metals and Materials Engineering from the University of British Columbia.
FPX has granted 250,000 stock options to Mr. Marte. The stock options have an exercise price of $0.75
per share and will expire on March 4, 2027.
About the Decar Nickel District
The Company’s Decar Nickel District claims cover 245 km 2 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 mine ralization in the form of a natural ly occurring nickel-
iron alloy called awaruite (Ni 3Fe), which is amenable to bulk -tonnage, open -pit mining. Awaruite
mineralization has been identified in four target areas within this ophiolite complex, being the Baptist e
Deposit, and the B, Sid and Van t argets, as confirmed by drilling , petrographic examination, electron
probe analyses and outcrop sampling on all four. Since 2010, approximately US $2 8 million has been
spent on the exploration and development of Decar.
Of the four targets in the Decar Nickel District, the Baptiste Deposit, which was initially the most
accessible and had the biggest known surface footprint, has been the focus of diamond drilling since
2010, with a total of 82 holes and over 3 4,000 m of drilling completed. The Sid targe t was te sted 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. The
Van target was not drill-tested at that time as bedrock exposures in the area were very poor prior to more
recent logging activity. In 2021, the Company executed a maiden drilling program at Van , which has
returned promising results comparable with the strongest results at Baptiste.
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 or
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 i nvolve inherent risks and uncertainties, as disclosed in the Company's
periodic filings with Canadian securities regulators. Actual results coul d 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 responsibility for the
adequacy or accuracy of this release.