1 April 2026
Sudbury, Ontario - (April 01, 2026) - SPC Nickel Corp. (TSX-V: SPC) (“SPC Nickel” or the “Company”) is pleased to announce that it has completed an amendment to the Cooperation Agreement dated January 19, 2023 with Vale Canada Limited (“Vale”) regarding the West Graham Project (“West Graham” or the “Project”) located in the world-class Sudbury Basin which extends the Feasibility Study deadline by one year to June 30, 2027.
Grant Mourre, CEO and Director, SPC Nickel stated, "Having delivered a Maiden Mineral Resource Estimate within just twelve months of commencing work, completed a positive pre-feasibility level metallurgical study, and drilled over 16,700 metres, West Graham is now established as a well-defined, scalable nickel-copper resource in one of the world's leading mining jurisdictions. This amended Cooperation Agreement provides the meaningful runway we need to advance methodically toward a Feasibility Study - the logical next step for a deposit of this scale and quality in the Sudbury Basin. We remain focused on advancing the Project in a disciplined and systematic manner as we build on the impressive progress made to this point.”
SPC Nickel Accomplishments to Date
Publication of a National Instrument 43-101 compliant Technical Report disclosing the Maiden Mineral Resource for West Graham containing 19.3 Mt grading 0.42% Ni and 0.28% Cu of Indicated resources and 3.3 Mt grading 0.37% Ni and 0.28% Cu of Inferred resources (refer to SPC Nickel Corp. December 4, 2023, Technical Report).
Total drilling of 16,726 metres in 103 holes to the end of 2025.
Completion of a pre-feasibility level Metallurgical Study.