Fort St. James Plans Work Program On 100% owned Nickel Project 30 KM From FPX Nickel Corp Fort St James BC
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TSX.V : FTJ
BER : WL3P
OTC : OARFF
September 16th, 2021 News Release
Fort St. James Plans Work Program On 100% owned
Nickel Project
30 KM From FPX Nickel Corp
Fort St James BC
Vancouver, British Columbia – September 16, 2021 - Fort St. James Nickel Corp. (TSX.V: FTJ)
(“FTJ” or the “ Company”) is pleased to announce that it is currently planning it 2021 work program
for its 100% owned Nickel Project. Located 30 KM away from FPX Nickel Corps (TSX.v :FPX) – dxxx
Project. Recent changes i n the Nickel market and in Awaruite which is a Naturally Occurring Alloy of
Nickel needed in the EV market and other have instigated significant interest in the company’s project.
“Market demand simply is not reflected in our current market cap and does not justify the asset we own 100% .
Our neighbor FPX Nickel Corp 30 Km away is making significant head way and has a market cap 10 times our
own, management decided its time to refocus our efforts on our 100% owned asset enlight of the renewed mar ket
interest and demand for Nickel.” States Steve Mynott President
Area Map showing location and Current Market Cap
Fort St. James News Release
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Key Points:
• The Previous drilling completed by FTJ all intersected Nickel Mineralization.
• Drill holes spaced extending 1700 Meters North/ South and 500 Meters east /west.
• Drilling tested a Geophysical target that was more than Seven Kilometers in Length.
• All holes ended in Mineralization Project is Open to depth and Strike
• New Drilling program bring permitted following previous recommendations.
• Over a $1,000,000 has been spent by the company on this project to date.
• Kilometre 26 is interpreted to contain a nickel mineralized ultramafic
assemblage similar to the nearby Decar Project being explored by FPX Nickel
Corp.
The predominate target of interest on the Kilometre 26 property is ophiolite hosted disseminated nickel.
Motherlode style (ophiolite gold) mineralization constitutes a secondary objective. The Kilometre 26
property covers the juncture of two geologic terra nes. Most of the property (from near the eastern
boundary through to the western boundary) is underlain by Paleozoic Cache Creek Group rocks which are
oceanic in origin while the extreme eastern region of the claims is underlain by Mesozoic rocks of the
Quesnel Terrane which are predominantly island arc in derivation. The suture which marks this boundary
is the Pinchi Fault Zone, which in the region of the claims is predominantly north -south in orientation.
Cache Creek Group rocks in the vicinity of the Kil ometre 26 property are dominated by ultramafic
serpentinites, basalt and limestone. These rocks are interpreted to form a collage which resulted from a
series of accretions and obductions of oceanic rock (directed west to east) extending tens of kilometers in
the east west direction and several times this in the north south direction. It is the mantle derived (now
serpentinized) ultramafic units which are of interest for nickel mineralization. It is believed that these
units, which replicate in at least two distinct areas, were thrust up and over (obducted) shallower oceanic
sediments. Takla Group (Quesnel Terrane) rocks which occupy the eastern region of the claim group are
predominantly volcanic rocks.
The Kilometre 26 Project encompasses 5830.25 hectares (14,406.9 acres), located in the Omineca Mining
Division of British Colombia near the community of Fort St. James approximately two and a half hours by
highway from the city of Prince George. Due to the relatively low elevation of the Kilometre 26 property
and its excellent access, exploration programs can be carried out year-round. Kilometre 26 is accessed by
an all-season arterial logging road.
ON BEHALF OF THE BOARD
“Steve Mynott”
President
Fort St James Nickel Corp. 604-488-3900
Fort St. James News Release
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Forward-Looking Statements
This news release contains certain forward -looking statements, which relate to future events or future performance
and reflect management's current expectations and assumptions. Such forward -looking statements reflect
management's current beliefs and are based on assumptions made by and information currently available to the
Company. Readers are cautioned that these forward -looking statements are neither promises nor guarantees, and are
subject to risks and uncertainties that ma y cause future results to differ materially from those expected including, but
not limited to, market conditions, availability of financing, actual results of the Company's exploration and other
activities, environmental risks, future metal prices, operati ng risks, accidents, labor issues, delays in obtaining
governmental approvals and permits, and other risks in the mining industry. All the forward -looking statements made
in this news release are qualified by these cautionary statements and those in our co ntinuous disclosure filings
available on SEDAR at www.sedar.com . These forward -looking statements are made as of the date hereof and the
Company does not assume any obligation to update or revise them to reflect new events or circumstances save as
required by applicable law.
Neither TSX Venture Exchange nor 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.