Vancouver, British Columbia (January 13, 2022) – Quebec Nickel Corp. (CSE: QNI) (FSE: 7lB) (“Quebec Nickel Corp.” or the “Company“) is pleased to report on its exploration activities on its 100%-owned Ducros Group Nickel-Copper-PGE Project, located in the Abitibi Greenstone Belt, northwestern Quebec.
20,000 Metre 2022 Drill Program:
The first phase of the 2022 drill program will commence field operations on January 18th, on the Fortin Ni-Cu-PGE Showing (East Sector of Property). Drill targets (see Company News Release of November 25, 2021 https://www.quebecnickel.com/quebec-nickel-corp-announces-upcoming-drill-program-at-the-ducros-group-project-quebec/ ) to be tested are based on results from the 2020 ground electromagnetic (ARMIT-TDEM) survey, the 2021 stripping and mapping program, and on-going property-scale compilation and 3D geological modelling. Further details of the first phase program will follow in separate press release in advance of the drill start-up.
1,717-line kilometre VTEMTM (Geotech) Airborne Geophysical System Survey
The crew is scheduled to mobilize to the property in the third week of January, contingent on weather conditions and/or any technical issues. Based on the results of the survey data interpretation, selective follow-up ground truthing geophysical surveying and prospecting/sampling will be conducted over high-priority electromagnetic conductors. The primary objective of this work is to identify new Ni-Cu-PGE drill targets associated with untested mafic-ultramafic intrusions over the large Ducros Group property holdings, within areas of limited exploration work and/or thick overburden cover. (see Company News Release dated August 23, 2021 https://www.quebecnickel.com/quebec-nickel-corp-engages-geotech-airborne-geophysical-surveys/ )
About Quebec Nickel Corp.
Quebec Nickel Corp. is a mineral exploration company focused on acquiring, exploring, and developing nickel projects in Quebec, Canada. The Company has 100% interest in the Ducros Group Property, consisting of 280 contiguous mining claims covering 15,147 hectares within the Abitibi region located in Quebec, Canada. Additional information on Quebec Nickel Corp. is available at www.quebecnickel.com Join our Quebec Nickel Corp. Investor Telegram Group here
On Behalf of the Board of Directors, QUEBEC NICKEL CORP.
“David Patterson, CEO”
For further information, please contact: Elyssia Patterson, CFO
Tel: +1 (778) 683 4324
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for this release’s adequacy or accuracy.
Cautionary and Forward-Looking Statements
This news release contains statements that constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Quebec Nickel’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.
Although Quebec Nickel believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act“) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.