Nickel North Corporate Assesses New Project Opportunities Globally Nickel North Exploration Corp. Evaluates Expansion into Africa and Asia
Nickel North Corporate Assesses New Project
Opportunities Globally
Nickel North Exploration Corp. Evaluates Expansion into
Africa and Asia
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2024) - Nickel North Exploration Corp. (TSXV:
NNX) ("Nickel North" or the "Company") is pleased to announce that its management team is actively
evaluating exploration and development assets in the continents of Africa and Asia.
Since establishing the initial resource at the Hawk Ridge nickel-copper-cobalt-platinum project and the
planned sale of the asset to a previous suitor, the Company, led by CEO Tony Guo, has been diligently
working to expand NNX's asset base beyond its Canadian holdings. The Company continues to engage
with potential partners to further develop the Hawk Ridge project through joint ventures or option
agreements.
The evaluated exploration and development projects, which range from early exploration to near-term
production, include assets in both precious and battery metals. NNX benefits from the significant
expertise and network of its major shareholder, Sinotech, which holds over 50% ownership, in these
regions. Below are summaries of mineral projects the Nickel North team has recently visited and
initiated discussions for joint ventures and acquisitions, aiming to create long-term shareholder value:
Kyrgyzstan Republic: Copper-gold exploration permit with past discovery of anomalous gold-
copper within a 400 km² area.
Kenya: Gold projects within a 200 km² area.
Tanzania: Gold projects within a 10 km² area.
Zambia: Copper and gold projects within a 100 km² area.
Liberia: Gold exploration license within a 78 km² area.
Other potential projects in African, Asia and East European.
Tony Guo, CEO of Nickel North, states, "We appreciate the support of our loyal institutional and retail
shareholders following the conclusion of the Hawk Ridge option with our previous partner. As we
continue to work on generating value from that asset, we have remained active, focusing on countries
and projects which can maximize shareholder value. Please feel free to reach out to us with any
inquiries. Mining projects and developments take time, and with the current disconnect between metal
prices and equity valuations, we believe now is a great time for acquisitions. On behalf of the Board and
the Nickel North management team, we thank our stakeholders for their patience and long-term
confidence in our vision."
About Nickel North Exploration
Nickel North Exploration is a Canada-based exploration company focused on defining a Cu-Ni-Co-PGE
mineral resource at its Hawk Ridge Project in Northern Quebec. The board of directors, advisor
committee and management team are experienced, successful mine finders. The property consists of a
50 km long belt of strong magmatic Cu-Ni-Co-PGE occurrences covering 179.67 km2. Quebec is a
mining-friendly jurisdiction. Nickel North Exploration is a conscientious corporate citizen maintains good
relations with local Inuit communities and is committed to sustainable development. For more
information on the company, please visit
www.nnexploration.com
or follow Company on Twitter at
https://twitter.com/nickelnorth
.
Nickel North Exploration Corp. has been identified as a key player in the Critical and Strategic Minerals
value chain by Quebec's Ministry of Economics and Innovation (MEI) in 2021 (Quebec Plan for the
Development of Critical and Strategic Minerals 2020-2025 (quebec.ca), which is part of Quebec's Plan
for the Development of Critical and Strategic Metals (QPDCSM) and aims to stimulate the exploration
and mining of SCMs, their transformation and recycling.
Per:
"Tony Guo"
Tony Guo
Nickel North Exploration Inc.
Tony Guo. P. Geo, Chief Executive Officer (Tel: +1-778-877-5480)
E-mail:
North America IR / PR
Jemini
Capital
Jorge Galindo
Tel: +1 (647) 725-3888 x702
For further information please visit
http://www.nnexploration.com
This news release may contain forward-looking information, which is not comprised of historical facts.
Forward-looking information involves risks, uncertainties and other factors that could cause actual
events, results, performance, prospects and opportunities to differ materially from those expressed or
implied by such forward-looking information. Forward-looking information in this news release may
include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause
actual results to differ materially from such forward-looking information include, but are not limited to,
those risks set out in the Company's public documents filed on SEDAR. Although the Company believes
that the assumptions and factors used in preparing the forward-looking information in this news release
are reasonable, undue reliance should not be placed on such information, which only applies as of the
date of this news release, and no assurance can be given that such events will occur in the disclosed
time frames, or at all. The Company disclaims any intention or obligation to update or revise any forward-
looking information, whether as a result of new information, future events or otherwise, other than as
required by law. Neither TSX Venture exchange nor its Regulations 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.
The securities being offered have not been, nor will they be registered under the United States
Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the
United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state
registration or an applicable exemption from the U.S. registration requirements. This release does not
constitute an offer for sale of securities in the United States.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/216393