Quebec Nickel Corp. reported the completion of its 2023 exploration programs at its 100% owned Ducros Property, located 85 kilometers northeast of Val-d'Or, Quebec. Summary of 2023 Work Programs & Results: Drilling of almost 18,000 metres in 50 holes across the Ducros Property; Scoping-level metallurgical study of Fortin Sill Zone Ni-Cu-PGE sulphides; Discovery of multiple large Ni-Co-bearing ultramafic intrusions Numerous new Ni-Cu-PGE targets identified through Artificial Intelligence targeting study; Start of project environmental baseline study work.

2023 Exploration Diamond Drilling: The 2023 drilling program tested a wide variety of prospective Ni-Cu-PGE targets across the entire Ducros Property. In total, 17,815 metres were completed in 50 holes at multiple target areas such as the Ducros Ultramafic Sill Complex (DUSC), the Ducros Sill Trend, the Q-Zone Target as well as at the greater Fortin Sill Zone area. Of note, and as previously announced, two large nickel + cobalt-bearing ultramafic intrusions were discovered at the Ducros Sill Trend and Q-Zone target earlier 2023.