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Giga Metals Provides Update on Carbon Sequestration Studies at Turnagain Nickel Project

Corporate Updates

August 4, 2020 TSX.V - GIGA

Giga Metals Provides Update on Carbon Sequestration Studies at

Turnagain Nickel Project

(Vancouver) – Martin Vydra , President of Giga Metals Corp. (TSXV – GIGA) today

provided an update to its CO 2 sequestration research program, being done in conjunction

with Dr. Greg Dipple of the University of British Columbia.

“Further to Elon Musk’s specific call to nickel producers to pursue environmentally

friendly nickel in high volume made during Tesla’s latest earnings call , we are actively

pursuing the development of this large sulphide deposit to meet the future requirements of

EV manufacturers,” said Mr. Vydra.

Dr. Dipple has been studying carbon sequestration in silicate tailings for more than 15 years

at sites including the Mt. Keith nickel mine in Australia and the Diavik diamond mine in

Northern Canada. He has developed a methodol ogy to measure the carbon uptake in

silicate mine residue. Acceptance of his methodology would mean that carbon credits

could be obtained for mine site sequestration of carbon dioxide. Once the silicates convert

to carbonates, the CO2 is locked away for geological time scales.

Ongoing research includes fundamental mineralogical studies to understand the

distribution of relevant minerals within Giga’s Turnagain deposit.

“We have been working with Dr. Dipple for several years now and are looking forward to

the next stage of research, which will involve a large -scale pad test to assess the

atmospheric carbonation of silicates in Turnagain material ,” said Mr. Vydra. “This will

include an assessment of the geomechanical effects of carbonation on this material.”

Previous work by Dr. Dipple has shown that, in addition to CO2 sequestration, cementation

occurs when silicate fines convert to carbonate minerals. This cementation is expected to

stabilize and strengthen residue impoundment facilities , thereby decreasing containment

risk. Upcoming s tudies of the geomechanical effect of carbonation on Turnagain

lithologies could affect mine sequencing and tailings management practices.

“Our goal is to be the world’s first carbon neutral mine.” said Martin Vydra. “We plan to

use power from B.C. Hydro’s clean energy grid, which will involve more capital

expenditure than the alternatives, but is the right thing to do. This exciting research now

underway could help with our goal by providing a way to measure carbon uptake in our

residue.”

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“Recent focus on ethical and sustainable development of nickel mines is drawing positive

attention to Turnagain. Over the last several years we have invested significant effort into

engineering a zero carbon footprint mine and we believe the time is right for the industry

to move in this direction.”

On behalf of the Board of Directors

“Martin Vydra”

Martin Vydra, President

GIGA METALS CORPORATION

Tel – 604-681-2300

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

Suite 203 – 700 West Pender St., Vancouver, BC, Canada V6C 1G8

T: 604-681-2300 E: [email protected] W: www.gigametals.com