Infinico Metals Corp. reported assay results from 3 boreholes, as well as visual results from the remaining 2 boreholes, at the recently completed drill program carried out on its Nicobi Project, located 160 kilometres northeast of Val-d'Or, Quebec. Five boreholes were drilled, totaling 1,167 metres, in the Company's maiden drill campaign at the Nicobi Project.

All holes have been logged and sampled and all core samples are now at the analyYcal laboratory for assay. NBI-24-001 intercepted massive to semi-massive and net- texture pyrrhoYte- pentlandite-chalcopyrite sulphide mineralizaYon. This intercept represents a significant improvement in both the length and grade reported in any historic assay results on the Nicobi Project to date.

Hole NBI-24-003: 53.95 m at 0.33% Ni, 0.22% Cu & 115 ppm Co from 83.00 m Including 0.81 m at 2.47% Ni, 0.67% Cu & 510 ppm Co. Average nickel tenor of 10.1% over the 53.95 m intersect, consistent with NBI-24-001. The mineralized intercept represents a significant improvement in Both length and grade from historically reported assay results (Minorca Resources Ltd., 1993).

Furthermore, nickel tenor (concentraYon of nickel contained in 100% sulphide), calculated from Infinico's assay results, indicates the high-grade potenYal of the project, with nickel tenors averaging 8.2% over the 51.94 metre intersect and up to 10.5%. The 2024 phase 1 drill program has clearly demonstrated the potenYal for the discovery of high-tenor nickel sulphides over substanYal widths at the Nicobi Project. Summary of drilled holes and the status of the assay results.

Mr. Orban has read and approved the content of this news release. About the Nicobi Project. Noranda went on to define a non-compliant resource on the project.ulYple drill campaigns have been carried out by six different operators, including the most recent in 1991 which intersected 37.61 metres at 0.89% Ni and 0.75% Cu from surface (Minorca Resources Ltd., 1993).