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FPX Nickel Advances Multiple Targets and Announces Inaugural Drill Program at Advocate Nickel Property in Newfoundland
FPX Nickel Corp. (TSXV: FPX) (OTCQX: FPOCF) ("FPX" or the "Company") is pleased to announce additional results from bedrock sampling at the Advocate Nickel Property ("Advocate" or "the Property") in Newfoundland. Building on initial results reported in the Company's September 23, 2025 news release, sampling at Advocate has now delineated four large-scale targets with high-grade awaruite nickel results. Based on these positive findings, planning is underway for 2026 drill testing of one or more t
About this update from Fpx Nickel Corp
VANCOUVER, BC, June 23, 2026 /CNW/ - FPX Nickel Corp. (TSXV: FPX) (OTCQX: FPOCF) ("FPX" or the "Company") is pleased to announce additional results from bedrock sampling at the Advocate Nickel Property ("Advocate" or "the Property") in Newfoundland. Building on initial results reported in the Company's September 23, 2025 news release, sampling at Advocate has now delineated four large-scale targets with high-grade awaruite nickel results. Based on these positive findings, planning is underway for 2026 drill testing of one or more targets. Highlights "I congratulate our field teams on the significant progress made to date at Advocate," commented Keith Patterson, FPX's Vice President, Exploration. "Each sampling campaign has resulted in new discoveries, with Birchy North now confirmed as our first drill-ready target. I'm looking forward to continued work with our joint venture partners JOGMEC in the 2026 field season, including the execution of our first drill program at the Property this summer." Advocate Nickel Property The Advocate Nickel Property is located in north-central Newfoundland, approximately midway between Deer Lake and the historic mining town of Baie Verte (Figure 1). The mineral licenses cover over 45 km strike length of the highly prospective Advocate Complex ophiolite. Access is via a good quality network of logging roads, generally no more than 5 to 10 km from the Trans-Canada Highway or Newfoundland Highway 410. The Property vendor currently operates a deep-sea port at Pine Cove, approximately 50 km northeast of the Property. Birchy North Target Significant advances in target delineation have been made at Birchy North with a program of approximately 100 by 100 m spaced bedrock sampling. A consistently well mineralized area of 800 m by 350 m has been delineated with 41 bedrock samples, 28 of which were accessed with shallow pits dug through till cover. Mineralized hand samples show coarse-grained awaruite from most sites and DTR nickel grades of up to 0.13% have been confirmed. The distribution of DTR nickel grades at Birchy North is as follows: Mineralization remains open to the northeast where the crew was unable to access bedrock below overburden of approximately 6 metres depth. The zone also remains open to the south where additional bedrock sampling is planned o...