William Lake Project

Project location & area

• Manitoba, Canada’s 2ⁿᵈ largest nickel camp producing since 1959

• Project area is 96.2 km² (with additional 427km2 under application)

• Highway access – 45min drive north of Grand Rapids

• Hydropower intersects the property - potential for zero carbon Ni

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Project history

• Existing Framework drilling, 152 holes for 89,500m (replacement cost over C$35m)

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Value drivers

• Characteristics of a high grade and scalable nickel deposit

• Leveraging off historical drilling data

• Re-assay for PGE (small data set indicates 0.2 to +1g/t PGE)

• Utilise modern geophysics to delineate high-priority targets

• Geological Interpretation and 3D modelling

• Technical committee formed with Glencore, leveraging their expertise in Canadian Nickel