Dr. Tony Guo reports

NICKEL NORTH ANNOUNCES EXTENSION OF OPTION AGREEMENT WITH 1844 RESOURCES AND APPOINTMENT OF A NEW DIRECTOR

Nickel North Exploration Corp. has provided an update on the previously announced option agreement with 1844 Resources Inc. concerning the Hawk Ridge nickel-copper project located in northeastern Quebec. The company and 1844 have entered into an amending agreement with respect to the option agreement to amend the outside date of the option agreement from Feb. 28, 2025, to March 31, 2025.

The remaining terms and conditions of the option agreement remain unchanged, and the option agreement, as amended, remains subject to TSX Venture Exchange approval.

The company is pleased to announce the appointment of Melinda Hsu as a director of the company. Ms. Hsu will replace Julie Lemieux, who resigned as a director in September, 2024.

Dr. Tony Guo, president and chief executive officer of the company, wishes to thank Ms. Lemieux for her dedication and service to the company over the years.

About Ms. Hsu

Ms. Hsu has over 30 years of diversified experience in the areas of accounting, finance, corporate development and administration. She had served as chief financial officer and other senior management roles in publicly listed mining and oil and gas companies, including Infinitum Copper Corp., Minco Silver Corp., Minco Capital Corp. and Handeni Gold Inc., having both North American and international operations. Ms. Hsu is a member of Chartered Professional Accountants of Canada and received her master's degree in commerce from Renmin University of China.

About Nickel North Exploration Corp.

Nickel North Exploration 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 Exploration is a conscientious corporate citizen maintains good relations with local Inuit communities and is committed to sustainable development.

Nickel North Exploration was been identified as a key player in the critical and strategic mineral 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), 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 strategic and critical minerals and their transformation and recycling.

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