Nickel Creek Platinum Announces Updated Mineral Resource Estimate at Nickel Shäw Project

TORONTO, June 1, 2023 /PRNewswire/ – Nickel Creek Platinum Corp. (TSX:NCP) (OTCQB: NCPCF) (“Nickel Creek” or the “Company”) is pleased to announce an updated mineral resource estimate at its 100%-owned Nickel Shäw Project located in the Yukon, Canada. Under the revised estimate, measured mineral resource tonnage has increased by 31% to 122,363 kt and indicated mineral resource tonnage has increased by 37% to 314,332 kt. Contained Ni in measured and indicated mineral resource categories have increased 31% to 2.47 billion lbs. Grades are largely unchanged with the measured and indicated mineral resource grades at 0.26% Ni, 0.13% Cu, 0.014% Co, 0.23 g/t Pd, 0.22 g/t Pt and 0.04 g/t Au. A complete tabulation of tonnage and grade by category is listed in the table below along with metal prices, recovery information, net smelter return (“NSR”) cut-off grades and mining parameters.

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