Flying Nickel Mining Corp. announced diamond drill results from the Company's 100% owned Minago nickel sulphide project 270km south of Thompson, Manitoba. Six holes totaling 2,718 meters were drilled this past winter.

Assays have been received for the first three holes of the program. FN-22-01 intersected 1.10% Ni, 0.05% Cu, 0.01% Co, 0.026 g/t Au, 0.192 g/t Pt and 0.383 g/t Pd over 69.6 meters including 1.69% Ni, 0.13% Cu, 0.055g/t Au, 0.33g/t Pt, and 0.679 g/t Pd over 7.57 meters. FN-22-02 intersected 0.79% Ni, 0.05% Cu, 0.01% Co, 0.015 g/t Au, 0.103 g/t Pt and 0.207 g/t Pd over 113.24 meters including 1.25% Ni, 0.09 Cu, 0.02% Co, 0.035 g/t Au, 0.186 g/t Pt, 0.373 g/t Pd over 23.78 meters.

The Company anticipates assay results from remaining three Minago diamond drill holes in November. FN-22-01 is a 567 meter infill drill hole located at the eastern part of Minago's main Nose deposit. Approximately 483 meters of ultramafic rocks were observed containing varying percentages of disseminated mineralization.

Three zones of anomalous nickel were identified. The most significant zone contained 1.10% Ni, 0.05% Cu, 0.01% Co, 0.026 g/t Au, 0.192 g/t Pt and 0.383 g/t Pd over 69.6 meters. The drilling confirmed the location of the upper mineralized zone with grades slightly higher than the 1.02% Ni over 90 meters that was intersected in the historic adjacent hole, NM-06-02.

FN-22-02 is a 407 meter infill drill hole located at the western part of the Nose deposit. 266 meters of ultramafic rocks containing varying percentages of disseminated mineralization was intersected. The zone of significant mineralization contained 0.79% Ni, 0.05% Cu, 0.01% Co, 0.015 g/t Au, 0.103 g/t Pt and 0.207 g/t Pd over 113.24 meters.

This is slightly better than the 0.71% Ni over 110 meters that was intersected in the historic adjacent hole, MXB-71-94. Drill hole FN-22-03 was drilled to test the down dip extension of previously drilled nickel mineralization in the North Limb deposit. The hole confirmed the continuation at depth beyond the previously drilled maximum depth of approximately 250 meters from surface.

Partial results were reported in the September 7, 2022 Flying Nickel news release. Additional assays demonstrated further mineralization at depth of higher nickel grades. Overall, the hole intersected 0.46 % Ni, 0.02% Cu, 0.01% Co, 0.006 g/t Au, 0.041 g/t Pt and 0.110 g/t Pd over 108.59 meters with several higher grade concentrations of up to 0.69% Ni over 15.36 meters.