SPC Nickel Corp. announced assay results at the West Graham Project, located in the world-class Nickel-Copper mining district of Sudbury, Ontario. SPC Nickel is reporting the first 13 holes of 30 from the ongoing Phase 2 drill program.

The Phase 2 program is well underway, with over 6,748 metres already completed, and continues to confirm and extend historic mineralization at expected or better grades while discovering new high-grade mineralization. The program is on track to provide the data required to complete an updated global resource estimate for the West Graham Project by the end of 2023. Hole WG-23-047, intersected a high-grade section that returned 1.27% Ni, 0.47% Cu over 18.00 metres from 245.00 to 263.00 metres within a thick zone of nickel and copper mineralization grading 0.70% Ni, 0.32% Cuover 50.00 metres from 221.00 to 271.00 metres.Length refers to downhole length.

Estimated true thickness ratios are given in Table 1. A total of 12,086 metres in 57 holes have so far been completed on the West Graham Project since drilling commenced in early March. The Phase 1 program consisted of 5,338 metres in 27 holes and was completed in late May while a total of 6,748 metres in 30 holes have been completed from the ongoing Phase 2 program. Assay results from a total of 40 holes completed as part of the Phase 1 and 2 programs have been received and significant results are presented in tables 1 and 2. Samples from the remaining 17 completed holes are being processed and will be reported when available.

The Company is also pleased to announce the completion of a 6.5 line kilometre, ground electromagnetic (EM) survey covering a large portion of the property. This survey represents the first ground EM survey to date completed on the property. The receipt of grant funding represents a meaningful milestone, leveraging government support towards advancing the exploration of this high-quality magmatic nickel project.

For detailed sections across the West Graham Property, visit the website at [1] or click on the following link West Graham Sections. Assays from all holes not listed in Table 1 are pending. HLE ID From To Length Ni Cu Co Pt Pd Au Ag Estimated(m) (m) (m) ("m") (m") Estimated True width is expressed as a percentage of downhole length.old intervals are based on a Ni wt.% grade thickness greater than 15.

Previously reported assay results from the Phase 1 drill program on the West Graham Project. Hole ID From To Length Ni CuCo Pt Pd Au Ag Estimated (m) (m) (m) (m) (m); Estimated True width is expressed as a% of downhole length.old interval are based on a Ni w to grade thickness greater than 15. previously reported assay results from the Phase1 drill program on the West Graham project.

Hole ID From To Length; Hole ID From To Length NiCu Co Pt Pd Au Ag estimated (m) Estimated True width is expressed as an percentage of downhole length. Bold intervals are based on a Ni Wt.% grade thickness greater that 15. Previously reported assay results of the Phase 1 drill program on The West Graham Project.

Hole ID from To Length; Hole WG-23-019; Cu Co Pt Pd AuAg Estimated(m) (m). Hole WG-23-045, intersected a high- grade thickness is expressed as a percentage of uphole length. Hole WG- 23-047, intersected a low-grade section that returned 1.,27% Ni, 0.27% Cu over 18.00 meters from245.00 to 263.00 meters within a thick zone of nickel, 0.32% Cu over a thick zone of nickel and Copper mineralization grading 0.32% Cu over 50.00 meters from 221.00 to 270.00 metres.

length.00 metres. length refers to downhole length.