Nickel North recovers Hawk Ridge soil samples from 2022

The most recent news release, dated November 17, 2025 (published, with content originating from March 21, 2025), states that Nickel North Exploration Corp. has recovered 205 soil samples from its 2022 field season at the Hawk Ridge Cu-Ni-PGE-Co project in Quebec, Canada. These samples are now being sent for Inductively Coupled Plasma - Mass Spectrometry (ICP-MS) analysis at a certified laboratory in Canada.

Previous XRF (X-ray fluorescence) testing on these samples had already confirmed and expanded known nickel/copper/PGE (Platinum Group Elements) mineralization targets and identified two new strong cobalt anomalies at the Lucille and Falco 7 zones within the project area. The 2022 program covered approximately 25 square kilometers across five mineralization targets. The CEO and President, Dr. Tony Guo, stated that the ICP-MS assay results will allow the company to further study and expand these mineralized zones and develop priority exploration and drill targets for the 2026 season.

This news is a routine, positive step in the ongoing exploration process for Nickel North. While it does not announce definitive resource estimates or drill results, it signifies continued activity and a methodical approach to advancing the Hawk Ridge project. The recovery and submission of 2022 soil samples for more detailed ICP-MS analysis, following earlier XRF results that indicated promising anomalies (including new strong cobalt anomalies), are necessary steps for an exploration company to delineate potential drill targets.

However, the fact that these are 2022 samples only now being sent for comprehensive assaying highlights the slow pace of exploration and development. The value proposition for exploration companies lies in proving up resources. This news is a step towards that, but it is not a direct value driver in itself. The company relies on these types of incremental exploration updates to maintain investor interest and justify its ongoing capital raises. It is in line with previous expectations of continued exploration on the Hawk Ridge project, which was also a stated use of proceeds for the recent private placements.

Nickel North Exploration Corp. is a junior mineral exploration company focused on nickel, copper, cobalt, and platinum group elements (PGEs). Its flagship project is the Hawk Ridge project, located in northeastern Quebec, Canada. The project is currently in the exploration stage, with ongoing geological mapping, sampling, and geophysical surveys aimed at identifying and defining mineralized zones. The company has historically engaged in various option agreements for the property, and exploration is focused on five previously defined mineralized zones. The property is subject to a 3% Net Smelter Returns (NSR) royalty, with the company holding an option to purchase one-third of the NSR (1%) for $1,000,000.