FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce the results from a large-scale rock and stream sediment sampling program at the Company’s Klow property (“Klow” or the “Property”), located 45 km north of the Company’s Baptiste Nickel Project. Three new awaruite target zones were delineated through reconnaissance rock sampling in 2025 with Davis Tube Recoverable (“DTR”) nickel values of up to 0.09%. Work was 100% funded by the Japan Organization for Metals and Energy Security (“JOGMEC”) under the terms of an earn-in agreement which provides JOGMEC the option to earn up to a 60% interest in the Property.
Highlights
- Four large-scale awaruite nickel targets are now known within the district-scale Klow Property
- Stream sediment sampling suggests high potential in additional areas of the Property that remain unexplored to date
- The 2025 sampling program was 100% funded by JOGMEC; the earn-in agreement with JOGMEC has been extended by mutual agreement to March 31, 2028
- FPX and JOGMEC plan a focused follow-up sampling program in 2026
“With support from JOGMEC, our partners on the Klow Property, I’m pleased to report on progress in advancing previously known targets and delineating new targets at Klow” said Keith Patterson, FPX’s Vice President of Exploration. “Located along trend from our Baptiste Nickel Deposit, these are some of the most prospective rocks on the planet for awaruite nickel mineralization, and we continue to advance targets at Klow towards drill-ready status.”
Figure 1 – Klow Property map with 2025 rock and stream sediment sampling results
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