Current ongoing studies and exploration

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Resource Expansion Methods
Current
Resource area
Current Exploration: explore for
new high-grade Ni deposits

264 Zone

Hole 18TK0264 intersected 0.25 m grading

9.95% Ni,
5.74% Cu
0.16% Co
2.46 g/t PGE’s
0.32 g/t Au.

Starting at 539.04 m
(3km away from resource)

221 Zone

Hole 15TK0229 intersected 1.63 m grading

9.33% Ni,
5.14% Cu,
0.18% Co,
3.64 g/t PGE’s and
0.71 g/t Au.

Starting at 702.04 m
(1.6km away from resource)

Tamarack Zone

Hole 13TK0171 intersected 7.34 m grading

8.3% Ni,
2.95% Cu,
0.15% Co,
0.93 g/t PGE’s and
0.19 g/t Au.

Starting at 573.3 m
(Open to the east)

164 Zone

Hole 12TK0164 intersected 2.89 m grading

3.67% Ni,
1.97% Cu,
0.08% Co,
0.21 g/t PGE’s and
0.09 g/t Au.

Starting at 473.43 m
(1.1km away from resource)

For further technical information on the drill holes, see the Company’s press releases dated Sept 1, 2015, June 21, 2018, April 13, 2022 and November 2022 Technical Report