Giga Metals Announces Positive Pre-Feasibility Study for the Turnagain Nickel-Cobalt Deposit - Seite 2

The PFS has been led and prepared by Tetra Tech Canada Inc. (Tetra Tech), a global consulting and engineering firm with substantial expertise in the mining sector, along with input from industry expert consultants (see Qualified Persons list at end). Giga Metals’ primary driver for this update was to deliver a reliable and comprehensive PFS incorporating all project-related components for discussion with potential strategic partners and communities, targeting improvement opportunities, and serving as a basis for future engineering and environmental studies. All currencies are in US$ using an exchange rate of US$1.00 = C$1.30 and all production and cost data are typical full operating year (average of years 3 - 28) unless otherwise indicated.

Giga Metals expects to file the Technical Report for the PFS prepared in accordance with the requirements of National Instrument 43–101 on SEDAR+ within 45 days of this news release, including a description of the updated Mineral Resource Estimate and the Mineral Reserve Estimate. For readers to fully understand the information in this news release, they should read the Technical Report in its entirety, including all qualifications, assumptions and exclusions that relate to the PFS. The Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context.

About Giga Metals Corporation
Giga Metals Corporation’s core asset is the Turnagain Project, located in northern British Columbia, which contains one of the few significant undeveloped sulphide nickel and cobalt resources in the world. Turnagain is held in Hard Creek Nickel, a subsidiary owned 85% by Giga Metals Corporation and 15% by Mitsubishi Corporation.

Note
This is not a complete version of the press release. To view a full version of the press release including cautionary statements, click here: https://gigametals.com/news/giga-metals-announces-positive-prefeasibil ...

On behalf of the Board of Directors,

MARK JARVIS
CEO
Tel - 604 681 2300
www.gigametals.com

#203 – 700 West Pender St., Vancouver, BC, Canada V6C 1G8 T: 604-681-2300 www.gigametals.com