Exploration Initiated At The Expanded Klow Property

VANCOUVER - FPX Nickel Corp. announced planned exploration activities at the  Klow property located 45 km north of the Baptiste Nickel Project. The Company has recently expanded the mineral claims at Klow by 600%, bringing the Property to 164 km2 and is currently preparing a wide-ranging surface rock sampling program over the summer of 2025 with the goal of advancing Klow to drill-ready status.

Previous rock sampling and drilling has identified multiple large-scale awaruite nickel targets within the overall district-scale Klow Property (164 km2 land package). Historic drill results at the Klow North Target include a near-surface intercept of 316 m at a grade of 0.097% nickel-in-alloy (a chemical dissolution used to estimate nickel contained in awaruite mineralization). Planned Property-wide rock sampling program aims to expand known mineralized zones and identify new awaruite mineralization with the goal of delineating drill targets.

"Located north of our flagship Baptiste Nickel Project, and underlain by the same Trembleur ultramafic rocks that host Baptiste, Klow is one of the most highly prospective areas for awaruite mineralization in Canada," said Keith Patterson, Vice President, Exploration. "Past results include surface samples and drill hole intercepts comparable to those from Baptiste, and large areas of the Property remain untested to date. We look forward to deepening our collaboration with JOGMEC in pursuit of advancing Klow to the drill-ready stage."

It is expected that crews will mobilize to the Property in early July to begin a comprehensive grid-based rock sampling program. In areas of known awaruite mineralization, sampling will target 100 x 200 metre spacing where possible. Further from known mineralization or in areas that were previously unsampled, sampling will target 200 x 1,000 metre spacing.