Nickel Creek Platinum Corp. announced the results of a positive pre-feasibility study ("PFS") at its 100%-owned Nickel Shäw Project (the "Project") located in the Yukon, Canada. The Company's asset is its 100%-owned Nickel Shäw Ni-Cu-Co-PGM Project, located in southwestern Yukon, Canada.

The Nickel Shäw Project contains the Company's core Ni-Cu-Co- PGM Wellgreen deposit, as well as the Arch, Burwash, Formula, Musk and Quill claims. The Wellgreen deposit is a polymetallic deposit with mineralization that includes the significant co- occurrence of nickel, copper, cobalt, platinum group metals ("PGMs") and gold. The Nickel Shäw property contains an extensive Ni-Cu-Co-PGM mineralized system hosted by mafic/ultramafic intrusions related to Triassic-age flood basalts. With over 2.4 billion pounds of nickel, 1.2 billion pounds of copper, 6.9 million ounces of PGMs and 137 million pounds of cobalt in the measured and indicated mineral resource categories, Nickel Shäw is one of the largest undeveloped nickel projects in North America not controlled by a major mining company.

The PFS contemplates that the Nickel Shäw open pit would be mined using conventional open pit methods, with a LOM of over 19 years. From the open pit the ore would be trucked to a primary crusher located adjacent to the pit and conveyed out of the valley to a concentrator designed to process 45,000 tonnes per day ("tpd") of ore. The ore would be fed into a conventional Ni-Cu- PGM flotation concentrator designed to produce a bulk Ni-Cu-PGM concentrate "Bulk conc" or alternatively into split concentrates.

The split concentrates would be a Ni concentrate "Ni conc" and a Cu concentrate "Cu conc", as economics dictate. Average annual LOM concentrates production ("dmt") is expected to be 103,100 dmt of Bulk conc, 95,000 dmt of Ni conc and 19,600 of dmt Cu conc.