September 25, 2017 8:26 PM ET

Metals and Mining

Company Overview of True North Nickel Inc.

Company Overview

True North Nickel Inc. owns and operates West Raglan project, a nickel sulphide exploration project located in northern Quebec, Canada. The company is based in Vancouver, Canada. As of June 18, 2014, True North Nickel Inc. operates as a subsidiary of Royal Nickel Corporation.

Suite 1900

1055 West Hastings

Vancouver, BC V6E 2E9

Canada

Phone:

604-697-4950

Key Executives for True North Nickel Inc.

Co-Chairman and Chief Executive Officer
Age: 53
Chief Financial Officer, Vice-President of Finance and Corporate Secretary
Age: 48
Compensation as of Fiscal Year 2017.

True North Nickel Inc. Key Developments

True North Nickel Announces Commencement of 2017 Gold Exploration Program at Qiqavik

RNC Minerals Corporation's 68% owned subsidiary True North Nickel reported that the 2017 field program at its high grade gold Qiqavik project in northern Quebec has commenced. The program will include a minimum of 2,500 metres of a diamond drilling campaign to follow up on two separate high grade surface gold discoveries at the Esperance and Aurora zones The discoveries were made during the 2016 program in which multiple grab samples returned assay results ranging from 5 g/t up to 189 g/t gold and up to 10% copper over 1.6km and 400m strike lengths, respectively. At Qiqavik, the 2017 field program will include drilling to test high grade gold surface showings co-incident with high priority induced polarization (IP) anomalies at Esperance and Aurora. Additionally, fieldwork will focus on the expansion of IP grids to cover the possible extension of the high-grade gold and copper Esperance and Aurora zones which remain open to both the east and west, mapping of these zones to improve the understanding of the structures and associations, and prospecting to identify new targets and follow-up on existing regional targets.

True North Nickel Announces Discovery of Extensive Chargeability Anomalies Associated with High Grade Gold At Surface on Its District Scale Qiqavik Property

RNC Minerals' 68% owned subsidiary True North Nickel (TNN) announced further exploration results that include the recently completed interpretation of the first Induced Polarization (IP) survey on its district scale 224 km2 Qiqavik high grade Gold-Copper property in Nunavik, Quebec and new till sampling. These most recent results further highlight the massive potential at Qiqavik where RNC is conducting the first-ever exploration work on most of the property. In just five weeks of ground work last summer, the company teams made two major discoveries – Esperance where the company now have multiple large targets including a 1+ km geophysical target (which remains open) coincident with high grade gold and copper surface samples; and  Aurora, where a 400 metre target (open in both directions) is coincident with high grade gold samples between 26 and 189 g/t (this target is part of a larger 2+ km till anomaly).

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