Ankündigung • Mar 05
Québec Nickel Corp. announced that it expects to receive CAD 1 million in funding Québec Nickel Corp. announced a non-brokered private placement of 4,000,000 units at a price of CAD 0.25 per unit for gross proceeds of up to CAD 1,000,000.00 on March 4, 2026. Each unit will consist of one Common Share And One Common Share Purchase Warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of CAD 0.40 for a period of two years from the date of issuance. The offering is subject to customary conditions, including approval of the Canadian securities exchange and other required regulatory approvals. All securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws. The company may pay finders’ fees in connection with the offering in accordance with applicable securities laws and exchange policies. Ankündigung • Jan 17
Québec Nickel Corp. announced that it has received CAD 0.5 million in funding On January 16, 2026, Québec Nickel Corp. closed the transaction. The company issued 4,000,000 units at a price of CAD 0.125 per Unit for gross proceeds of CAD 500,000. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant is exercisable to acquire one additional common share of the Company at an exercise price of CAD 0.225 per share for a period of two years from the date of issuance. The Units were issued pursuant to applicable prospectus exemptions, including the family, friends and business associates exemption, the accredited investor exemption, the existing security holder exemption under British Columbia Instrument 45-534, and equivalent exemptions under applicable Canadian securities laws. In connection with the Offering, the Company paid aggregate cash finder’s fees of CAD 4590.00 in accordance with the policies of the Canadian Securities Exchange and applicable securities legislation. No securities were issued as finder’s compensation. All securities issued in connection with the Offering are subject to a statutory hold period under applicable Canadian securities laws, expiring four months and one day from the date of issuance. The Offering remains subject to final acceptance of the Canadian Securities Exchange. Ankündigung • Jul 16
Québec Nickel Corp., Annual General Meeting, Sep 12, 2025 Québec Nickel Corp., Annual General Meeting, Sep 12, 2025. Location: british columbia, vancouver Canada Ankündigung • Nov 14
Québec Nickel Corp. announced that it has received CAD 0.25 million in funding On November 13, 2024, Québec Nickel Corp. closed the transaction. The company announced that it has issued 2,000,000 units at a price of CAD 0.125 per unit for gross proceeds of CAD 250,000. No finders' fees were payable in connection with the offering. No directors or officers participated in the offering. Ankündigung • Oct 26
Québec Nickel Corp. announced that it expects to receive CAD 0.25 million in funding Québec Nickel Corp. announces a private placement offering of 2,000,000 units at a price of CAD 0.125 per unit for gross proceeds of CAD250,000 on October 25, 2024. Each Unit comprises of one common share nd one-half of one share purchase warrant exercisable for a period of two years. Each whole Warrant is exercisable into one Share at a price of CAD 0.225 per Share. No finder’s fees will be payable in connection with the Offering. The Offering is subject to approval of the Canadian Securities Exchange. Securities issued under the Offering will be subject to a hold period which will expire four months and one day from the date of closing of the Offering. Ankündigung • Jul 16
Québec Nickel Corp., Annual General Meeting, Sep 12, 2024 Québec Nickel Corp., Annual General Meeting, Sep 12, 2024. Location: suite 1100, 1111 melville street, british columbia, v6e 3v6, vancouver Canada Ankündigung • Feb 03
Québec Nickel Corp. Reports Metallurgical Test Program Results from the Fortin Sill Zone at its 100% Owned Ducros Project Near Lebel-Sur-Quévillon, Québec Québec Nickel Corp. announced results from the metallurgical test work program completed on Ni-Cu-PGE-rich drill core from the Fortin Sill Zone at its 100% owned Ducros Project near Lebel-sur-Quévillon, Québec. The objective of the scoping-level metallurgical program is to evaluate the amenability of the Fortin Sill Zone to produce saleable Critical Metals-bearing mineral concentrates. The metallurgical study was initiated in 2023 to follow-up on significant drilling results returned from the Fortin Sill Zone including 31.00 metres of 0.37% Ni, 0.40% Cu, 176 ppm Co and 0.55 g/t Pt-Pd-Auin hole QDG-22-09, 43.39 metres of 0.24% Ni, 0.25% Cu, 146 ppm Co and 0.35 g/t Pt-Pd-Au in hole QDG-22-28 and 11.80 metres of 1.44% Ni, 1,49% Cu, 461 ppm Co and 2.79 g/t Pt-Pd-Au in hole QDG-22-29. During the first half of 2023, the Company completed several dedicated HQ-diameter drill holes at the Fortin Sill Zone that supplied fresh material for the test work program. The metallurgical holes were designed to twin previously completed holes and targeted three styles and grades of Ni-Cu-PGE mineralization including: Low grade disseminated and blebby sulphide mineralization with a target average grade of 0.30% nickel + copper; Moderate grade blebby to heavily disseminated mineralization with a target average grade of 0.75% nickel + copper; High-grade net texture to semi-massive mineralization with a target grade of greater than 1.50% nickel + copper. From the metallurgical drilling, three 50-kilogram samples of Ni-Cu-PGE mineralized drill core, each representing one of the styles and target grades of mineralization, were collected and delivered to SGS Canada's Québec City laboratory for the study. Summary of Metallurgical Study Results: Upon preparing a master composite sample from the three variability samples, the four samples were subjected to a metallurgical test program which included amongst other protocols, comminution, floatation and environmental test work. The Bond ball mill grindability test (i.e. comminution), which is used to estimate net power requirements for a potential mill grinding circuit, was performed on the master composite sample. Results from this test show the Fortin Sill Zone rocks are "moderately soft". The results from the floatation test work program demonstrate that the mineralized rocks at theFortin Sill Zone are amenable to producing two distinct mineral concentrates, namely a high-grade copper + gold + palladium concentrate and a moderate grade nickel + cobalt + platinum concentrate. Copper grades ranging from 28.0 to 29.3% Cu at recoveries ranging from 89.2% to 92.9% were achieved from the four samples. The nickel concentrate grades were relatively low at about 5% Ni for the four samples tested. Nickel recoveries improved significantly from the batch tests and ranged from a low of 48.2% in the low-grade sample to 77.5% in the high-grade sample.A subsample of the combined tailings from the four locked cycle tests was submitted for basic environmental characterization including leachable metals and acid base accounting (ABA). Environmental characterization of the combined tails did not identify any notable leachable metalsbut found the sample to be possibly acid generating. Ankündigung • Dec 13
Québec Nickel Corp. Completes 2023 Exploration Programs at Its Ducros Nickel-Copper-PGE Project Quebec Nickel Corp. reported the completion of its 2023 exploration programs at its 100% owned Ducros Property, located 85 kilometers northeast of Val-d'Or, Quebec. Summary of 2023 Work Programs & Results: Drilling of almost 18,000 metres in 50 holes across the Ducros Property; Scoping-level metallurgical study of Fortin Sill Zone Ni-Cu-PGE sulphides; Discovery of multiple large Ni-Co-bearing ultramafic intrusions Numerous new Ni-Cu-PGE targets identified through Artificial Intelligence targeting study; Start of project environmental baseline study work. 2023 Exploration Diamond Drilling: The 2023 drilling program tested a wide variety of prospective Ni-Cu-PGE targets across the entire Ducros Property. In total, 17,815 metres were completed in 50 holes at multiple target areas such as the Ducros Ultramafic Sill Complex (DUSC), the Ducros Sill Trend, the Q-Zone Target as well as at the greater Fortin Sill Zone area. Of note, and as previously announced, two large nickel + cobalt-bearing ultramafic intrusions were discovered at the Ducros Sill Trend and Q-Zone target earlier 2023. Ankündigung • Oct 21
Québec Nickel Corp., Annual General Meeting, Dec 19, 2023 Québec Nickel Corp., Annual General Meeting, Dec 19, 2023. Ankündigung • Oct 07
Quebec Nickel Corp. Reports the Results from an Artificial Intelligence Nickel-Copper-Pge Targeting Exercise At the Company's Ducros Claims Quebec Nickel Corp. reported the results from an Artificial Intelligence nickel-sulphide-focused targeting exercise at the Company's Ducros claims which has recently been completed by ALS GoldSpot Discoveries. The geological interpretation of the Ducros Property has been updated to help guide future exploration. In April 2023, QNI retained ALS GoldSpot Discoveries ("ALS GoldSpot") to undertake a comprehensive review and synthesis of the vast amount of exploration data collected at the Ducros Property to date, enhancing ongoing exploration efforts. The objectives of the study were two-fold: firstly, to generate meaningful nickel-sulphide -focused targets across the property using its proprietary SmartT TargetTM AI technology, and secondly, to use the new exploration data to reinterpret the geology underlying the Ducros claims. The unique fingerprint of the Ni-Cu-PGE Fortin Sill Zone was used to train the SmartT TargetTM targeting algorithms. This involved the integration and synthesis of multiple exploration datasets including the recently completed VTEMTM, airborne gravity, high-resolution drone magnetics and Lidar surveys, along with the data from two seasons worth of surface biogeochemical surveys and the Ducros diamond drilling assay, lithogeochemical and geotechnical databases. ALS GoldSpot used its Supervised Learning ("SL") and Semisupervised Learning ("SSL") algorithms on 25-metre and 10-metre datastacks during its study. Of note, several of the new nickel-sulphides, which are characterized as having a geophysical conductive response comparable to that of the Fortin Sill Zone, lie along strike of the Fortin Sill zone, immediately adjacent to the recently discovered Q-Zone, within the southern portion of the Ducros Ultramafic Sill Complex and along strike to the south of the Ducros Sill Trend. As part of the targeting exercise, several new non-conductive large-tonnage nickel-cobalt anomalies were also generated, similar in character to the Q-Zone and Ducros Sill Trend. In parallel with the AI targeting project, ALS GoldSpot also completed a litho-structural reinterpretation of the Ducros Property. Due to the relatively thick and consistent blanket of surface cover at the property, the new geological interpretation leans heavily on short wavelength airborne magnetic data in combination with the growing Ducros drillhole database. It is expected this new geological interpretation will greatly enhance the Company's exploration efforts going forward by allowing future work programs to focus on the most prospective Ni-Cu-PGE targets within the large >15,000-hectare Ducros property. As announced on August 9, 2023, the Company reports the program of exploration drilling and down-hole geophysics at the Fortin Sill target area continues as planned. The new drilling at Fortin Sill is focused on exploring for additional Ni-Cu-PGE sulphides down-plunge and along strike of the main outcropping mineralized showing. Up to 5,000 metres of drilling is planned for this phase of work, which will explore at depth beneath the Ni-Cu-PG E Zone as well as more than two kilometers of strike length of prospective geology. ALS GoldSpot offers unique processes to focus exploration efforts, minimize client risk related to exploration targeting, and optimize aspects of conventional resource exploration workflows. Its diverse geoscience and data science technical teams combine proprietary technology with in-depth expertise in mineral exploration, mineral resources, and mining to offer robust and actionable solutions to its clients and partners. While mineral exploration and mining have become data-rich environments, the value of data is lost when datasets become so large that they cannot effectively be integrated into decision making. Its expertise and solutions target such big data problems, processing or integrating underutilized data to better understand resource property potential. Ankündigung • Sep 13
Quebec Nickel Corp. Discovers New Large Nickel + Cobalt-Bearing Ultramafic Intrusion at Ducros Quebec Nickel Corp. reported drilling assay results from its Ducros Ni-Co-Cu-PGE project, located 85 kilometers northeast of Val-d'Or, Quebec. Results discussed herein come from multiple drill holes completed at the southern margin of the large 25 square kilometer Ducros Gabbro target this spring. The newly discovered nickel and cobalt-bearing ultramafic intrusion, now referred to as the "Q-Zone", has a surface geophysical footprint of approximately two square kilometers. Previous exploration conducted in the Q-Zone target area is limited to a single 145-metre-long hole drilled in57 that encountered mostly gabbroic rocks. In addition to this lone drill hole, Quebec Nickel completed a till sampling program during the spring of 2021 approximately two kilometers west of the Q-Zone target. Hole QDG-23-301 was collared to the test a portion of the southern lobe of the Q-Zone magnetic anomaly. The hole encountered a thick succession of intercalated mafic, ultramafic and sedimentary rock units with multiple narrow intervals of gabbronorite and serpentinized dunite. No significant assay results were returned from this hole. QDG-23-303 was drilled towards the northwest to test the southern lobe magnetic high and encountered ultramafic intrusive rocks throughout most of its 351-metre length (weakly to moderately serpentinized peridotite to dunite). Assay results for this hole include 0.17% nickel and 114 ppm cobalt over 322.77 metres and includes a 52.50 metre interval of 0.20% Ni + 115 ppm Co at the bottom of the hole. Hole QDG- 23-304 was collared approximately 800 metres northeast of QDG-23- 303 and was drilled towards the southeast to evaluate the margin of the Q-Zone central lobe magnetic anomaly. The 315-metre-long hole drilling through a mixed package of felsic to intermediate and mafic dykes, including quartz monzonite and gabbro until 242 metres depth after which the hole cored through 75 metres of mafic volcanic country rock. No significant assay results were return from this hole. QD Gabbro was directed towards the northwest to test the central lobe of the Q-Zone Magnetic high. After collaring in sedimentary rocks at 42 metres hole depth, QDG-23-306 encountered 40 metres of gabbro before cored a 475-metre-long interval of variably altered ultramafic rocks (dunite). Assay results from this hole are highlighted by 0.22% Ni + 122 ppm Co over the final 164.50 metres of the hole. Hole Q DG-23-307 was collared 275 metres northwest of QDG-23 - and also drilled towards the northwest to locate the contact between the ultramafic intrusion and surrounding host country rocks. Assays are pending for this hole however results are expected to be in-line with the results from the holes drilled immediately to the south. A drill section summarizing the results of holes QDG-23-304, 306 & 307 at the Q-Zone's central lobe magnetic high is shown as Figure 3 and a summary of all assay results from the Q-Zone drilling can be found below as Table 1. These drilling results in combination with the modeled geophysical fingerprint of the target area indicate the Q-Zone spans approximately two kilometres in a northeast-southwest direction by about one kilometer in width. Drill core is collected by Ducros Project personnel daily from the drill rigs and transported in secured core boxes to QNI's core logging facilities in Lebel-sur-Quevillon. Analysis for precious metals, and the Q-Zone targets are expected to be used to test the Q-Zone target area. Ankündigung • Aug 10
Québec Nickel Resumes Drilling At Fortin Sill Nickel-Copper-Pge Zone Québec Nickel Corp. announced the Company has resumed exploration at its Ducros Ni-Co-Cu-PGE project, located 85 kilometers northeast of Val-d’Or, Québec, including the start of drilling at the Fortin Sill Ni-Cu-PGE Zone. On June 6, 2023, the Company announced that due to an emergency order from the Québec Ministère des Ressources naturelles et des Forêts (Ministry of Natural Resources and Forests) prohibiting access to lands in the province impacted by forest fires, all field-based exploration activities were temporarily suspended at the Ducros Property (see June 6, 2023 News Release). In addition, all project personnel were relocated from the project’s base of operations in Lebel-sur-Quévillon to Val-d’Or upon receiving an evacuation notice on June 2. The work restriction order has since been lifted and the Company has resumed exploration activities at Ducros. Fortin Sill Zone Drilling: During the first half of 2023, exploration drilling by the Company focused on testing targets that require winter conditions to access and drill, notably in the central and western portions of the Ducros claims. Now that the fire related work restrictions have been lifted, exploration has resumed at the highly prospective Fortin Sill Zone where ground conditions allow for year-round access. New drilling at the Fortin Sill Zone will follow-up on some of the exceptional results achieved in 2022, including from hole QDG-22-29, which returned an 11.80 metre interval containing 1.44% Ni, 1.49% Cu, 461 ppm Co and 2.79 g/t Pt-Pd-Au that includes a higher-grade subinterval assaying 1.85% Ni, 1.65% Cu (3.50% Ni + Cu), 576 ppm Co and 3.27 g/t Pt-Pd-Au over 8.43 metres (see August 30, 2022 News Release for reference). Step-out drilling completed later in 2022 discovered additional nickel-copper-PGE mineralization down-plunge from the main sulphide zone including a 4.90-metre-long intercept averaging 0.77% Ni, 0.56% Cu, 340 ppm Co and 0.80 g/t Pt-Pd-Au which includes a higher grade three-metre-long subinterval of1.06% Ni, 0.77% Cu, 447 ppm Co and 1.09 g/t Pt-Pd-Au in hole QDG-22-63 (see March 1, 2023 News Release for more information). The new drilling at Fortin Sill is focused on exploring for additional Ni-Cu-PGE sulphides down plunge and along strike of the main outcropping mineralized zone. Up to 5,000 metres of drilling is planned, which will span more than two kilometers of the strike length of the prospective geology. This work will also test the refined geological model discussed in the Company’s December 15, 2022 news release. Downhole electromagnetic geophysical surveys will be used to vector towards large accumulations of conductive Ni-Cu-PGE sulphides. Ankündigung • Jul 13
Quebec Nickel Corp. Reports Drill Assay Results from the Ducros Sill Target at its Ducros Sill Project Quebec Nickel Corp. reported drill assay results from the Ducros Sill target at its Ducros Ni-Co-Cu-PGE project, located 85 kilometers northeast of Val-d’Or, Québec. Hole QDG-23-503 was collared on the west side of the targeted magnetic high and was drilled eastward at a dip of -45°, towards the centre of the ultramafic intrusion (Figure 2). The hole encountered a package of intercalated mafic and ultramafic intrusive rocks, including gabbro, pyroxenite, peridotite and dunite, from 23.00 to 308.00 metres downhole depth before cutting a 142-metre-long interval of serpentinized dunite, believed to be the same unit encountered in Abitibi hole 87-6. The hole was terminated in this lower dunite unit until the planned end of hole of 450 metres depth. Assay results returned 0.19% Ni + 111 ppm Co over the last 217 metres of the hole (233.00-450.00 m depth) including a higher-grade subinterval of 118.30 metres @ 0.21% Ni + 117 ppm Co (308.20-426.50 m depth). Hole QDG-23-505 was collared approximately 210 metres east of QDG-23-503 and drilled towards the east at a -45° dip to the planned end of hole depth of 402 metres . The hole collared in variably serpentinized dunite at 21.00 metres hole depth and remained in the altered ultramafic unit until 314.00 metres, a 293-metre-long intersection, where it encountered metasedimentary footwall rocks. Assay results for this hole returned a 293-metre-long intersection of 0.19% Ni + 106 ppm Co (21.00- 314.00 m) including a higher-grade subinterval of 0.21% Ni + 114 ppm Co over 152 metres (79.50-231.50 m). Hole QDG-23-504 was collared approximately 210 metres east of QDG-23-505 and was also drilled towards the east at a -45° dip to a depth of 243 metres (Figure 2, 3). This hole collared in variably serpentinized dunite until 117.00 metres downhole, after which it entered the package of metasedimentary footwall rocks. Assay results from this hole returned 109.50 metres @ 0.16% Ni + 90 ppm Co (21.00-130.50 m) including a higher-grade subinterval of 0.20% Ni + 105 ppm Co over 29 metres near surface (21.00-50.00 m hole depth). Hole QDG-23-506 was collared approximately one kilometer north of the three-hole fence noted above to test the interpreted strike extension of the Ducros Sill ultramafic intrusion. This interpretation is based on the continuity of the airborne magnetic high feature identified by the 2022 VTEM™ survey as well as the lone historical hole completed by Abitibi in the immediate area. After passing through overburden, hole QDG-23-506 collared in variably serpentinized dunite at 30.00 metres hole depth and finished in the same dunite unit at 366.00 metres. The hole was terminated earlier than planned due to the onset of spring breakup. Assays are pending for this hole, but the results are expected to be in line with those returned from QDG-23-503 through QDG-23-505. Ankündigung • Jul 08
Québec Nickel Corp., Annual General Meeting, Aug 07, 2023 Québec Nickel Corp., Annual General Meeting, Aug 07, 2023. Ankündigung • Jun 08
Québec Nickel Corp. Suspends Field Work At Ducros Due to Forest Fire Risk On June 5, 2023, Québec Nickel Corp. announced that due to an emergency order from the Québec Ministère des Ressources naturelles et des Forêts (Ministry of Natural Resources and Forests) prohibiting access to lands in the province impacted by forest fires, all field-based exploration activities have been temporarily suspended at the Ducros Project. In addition, all Ducros project personnel have safely relocated from the project's base of operations in Lebel-sur-Quévillon to Val-d'Or upon receiving an evacuation notice on May 2. Ankündigung • Jan 28
Québec Nickel Corp. to Showcase High-Grade NI-CU-PGE Drill Core at VRIC on January 29-30 2023 Québec Nickel Corp. announced the Company will be showcasing high-grade NI-CU-PGE drill core from the Fortin Sill Zone at the Vancouver Resource Investment Conference on January 29-30 2023. Conference attendees are invited to visit the QNI representatives at booth 511 during the two-day event to review some of the impressive high-grade Ni-Cu-PGE core drilled in 2022 and discuss the Company’s 2023 exploration plans. The Québec Nickel team, along with its many contractors and service providers, accomplished a substantial amount of work in 2022, all of which returned exciting results: 2022 Highlights: Completion of a 1,717 line-kilometer helicopter-borne VTEMTM survey that identified numerous electromagnetic-magnetic anomalies across the project area, Completion of the Company’s inaugural exploration program that saw more than 21,000 metres drilled across the property, and is highlighted by the high-grade Ni-Cu-PGE core intersections at the Fortin Sill Zone including: 18.50 metres @ 0.44% Ni, 0.51% Cu, 193 ppm Co and 0.69 g/t Pt-Pd-Au in hole QDG-22-09; 9.00 metres @ 0.70% Ni, 0.79% Cu, 271 ppm Co and 1.71 g/t Pt-Pd-Au in hole QDG-22-10; and 11.80 metres @ 1.44% Ni, 1.49% Cu, 461 ppm Co and 2.79 g/t Pt-Pd-Au in hole QDG-22-29, Completion of the first ever diamond drilling at the Ducros Ultramafic Sill Complex target area confirming the occurrence of prospective ultramafic intrusives and sulphide-bearing country rocks, Collection of almost 100 channel samples from the Fortin Sill Zone discovery outcrop that expanded the previously known surface Ni-Cu-PGE mineralization by several orders of magnitude, Completion of a 2,054 line-kilometer airborne gravity survey which resulted in the identification of numerous Ni-Cu-PGE drill targets, Flying of over 3,000 line-kilometers of detailed drone-based magnetic surveys which greatly enhance the interpretation and understanding of the Ducros project geology, Collection of over 800 biogeochemical samples across the Ducros project area that has identified multiple target areas that warrant follow-up work, Thin section and micro-XRF studies of Fortin Sill Zone Ni-Cu-PGE-mineralized rocks that clearly demonstrate the nickel-copper and PGE mineralization is hosted within sulphides and not silicate mineralogy, Obtaining a Re-Os age date of the sulphide mineralization at the Fortin Sill Zone, Refining and updating of the geological and emplacement model of the Fortin Sill Zone Ni-Cu-PGE mineralized intrusion. Following significant results from last year’s exploration activities, the Company successfully completed a brokered financing at the end of 2022 which raised over $8.5 million dollars. The proceeds of the financing will fund its 2023 exploration work programs. In addition to receiving support and participation from its existing shareholders, the Company acknowledges the new participation and support from three Québec-based institutional funds during this financing, including SIDEX L.P., Société de Développement de la Baie-James (“SDBJ”) and the Caisse de dépôt et placement du Québec (“CDPQ”). Additionally, the Company reports the official launch of its 2023 winter drilling program at the Ducros property which began on January 20th at the northern portion of the Ducros Ultramafic Sill Complex (“DUSC”) with the start of hole QDG-23-001. There is a second drill on the property which is expected to be active on the multiple coincident geophysical anomalies at the southern margin of the large Ducros Gabbro target area in the coming days. Ankündigung • Jan 18
Québec Nickel Corp. Reports the Start of Its Winter 2023 Drilling Program At the Ducros Ni-Cu-Pge Project, Located Approximately 80 Kilometres Northeast of Val-D’Or, Québec Québec Nickel Corp. reported the start of its winter 2023 drilling program at the Ducros Ni-Cu-PGE Project, located approximately 80 kilometres northeast of Val-d’Or, Québec. Upon completion of its recent highly successful financing, which saw more than $8.5 million dollars raised, the Company aims to complete approximately 20,000 metres of drilling in 2023. The 2023 drilling contract has been awarded to Val-d’Or-based Orbit Garant Drilling Inc. who will supply up to three diamond drills throughout the course of the year to complete the planned 20,000 metre drill program. There are currently two drills on the property and field crews are actively preparing access trails to the various targets. Drilling is expected to begin within the next ten days and is planned at the Fortin Sill Zone, Ducros Ultramafic Sill Complex and Ducros Gabbro targets. At the Fortin Sill Zone, drilling is focused on the continued evaluation and expansion of the Ni-Cu-PGE-mineralized mafic to ultramafic intrusion as well as the testing and exploration of the updated geological model. Drilling at the Ducros Ultramafic Sill Complex and Ducros Gabbro targets is focussed on testing the numerous high-priority geophysical anomalies derived from the integration and 3-D modelling of the geophysical surveys completed during the 2022 exploration program at Ducros, including the VTEM™, drone-based magnetics and airborne Falcon gravity surveys. Gary DeSchutter, M.Sc., P.Geo., Vice-President of Exploration for Québec Nickel Corp., and a Qualified Person (“QP”) as defined under National Instrument 43-101 (“NI 43-101”), has reviewed, and approved the scientific and technical content of this press release.