Mr. Tony Guo reports
NICKEL NORTH TERMINATES OPTION AGREEMENT WITH 1844 TO SELL UP TO 100% INTEREST IN HAWK RIDGE
The option agreement originally dated March 6, 2023, as amended by the amended and restated option agreement dated Nov. 27, 2023, and extended by an extension letter agreement dated Jan. 30, 2024, with 1844 Resources Inc., pursuant to which the company was to sell a 100-per-cent undivided interest in the Hawk Ridge nickel-copper project composed of 411 mineral claims covering 179 square kilometres in the Ungava Bay on the east coast of Quebec has terminated, effective Feb. 29, 2024, due to market conditions.
About Nickel North Exploration Corp.
Nickel North is a Canada-based exploration company focused on defining a copper-nickel-cobalt-platinum-group-element mineral resource at its Hawk Ridge project in Northern Quebec. The board of directors, adviser committee and management team are experienced, successful mine finders. The property consists of a 50-kilometre-long belt of strong magmatic copper-nickel-cobalt-platinum-group-element occurrences covering 179.67 square kilometres. Quebec is a mining-friendly jurisdiction. Nickel North is a conscientious corporate citizen, maintains good relations with local Inuit communities and is committed to sustainable development.
Nickel North has been identified as a key player in the critical and strategic mineral value chain by Quebec's Ministry of Economics and Innovation in 2021 (Quebec plan for the development of critical and strategic minerals 2020-2025, which is part of Quebec's plan for the development of critical and strategic metals and aims to stimulate the exploration and mining of SCMs, their transformation and recycling.
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