Nickel Industries Unveils Massive 700 Million Tonnes Exploration Target at Sampala

• Exploration Target of 350–700 million dmt at 0.9%–1.1% nickel alongside 187 million dmt existing resource
• 2024 drilling campaign completed 48,646 metres across 1,600ha with peak grades of 7.41% nickel and 1.37% cobalt
• Mine development and 22 km main haul road construction underway, targeting 6 to 20 million wmt annual production
• Acquisition terms link price to nickel grade, enabling significant contained metal acquisition at minimal upfront cost