Core Nickel Announces Results from Property-Wide Airborne Electromagnetic Survey on the Mel and Odei River Projects and Provides Management Update

Core Viewpoint - Core Nickel Corp. has successfully completed property-wide airborne electromagnetic surveys on its Mel and Odei River Projects, providing valuable data for future exploration and target identification [1][2][3] Survey Results - The 2025 airborne survey covered 289 line-km for the Mel Project and 1,547 line-km for the Odei River Project, utilizing a 100-metre line spacing to refine historical EM survey results [3][4] - The surveys indicate a strong correlation between nickel sulphide mineralization and geophysical responses, highlighting new exploration targets at Mel, Hunter, and Odei River [2][4] Mel Project Insights - The Mel Deposit shows a historical mineral resource of 4,279,000 tons grading 0.875% Ni and an inferred resource of 1,010,000 tons grading 0.839% Ni [24] - Geophysical data suggests that mineralization at Mel is fault-controlled and extends beyond the currently defined resource area, with historical drillholes indicating potential for additional nickel sulphide lenses [12][15][24] Hunter and Odei River Properties - The Hunter block features two prominent magnetic trends associated with EM trends, suggesting potential nickel sulphide systems, with Hunter North being a 9.5 km long magnetic trend and Hunter Central a 12 km trend [20] - The VTEM survey has defined a robust target corridor across the Hunter and Odei River properties, warranting further drill testing [20] Management Update - Core Nickel announced the resignation of Caitlin Glew as Vice President, Exploration, effective August 31, 2025, acknowledging her contributions to the company's exploration strategies and technical understanding [21][22]