Class 1 Nickel Files Updated NI 43-101 Mineral Resource Estimate for Dundonald North, Alexo-Dundonald Nickel Sulphide Project

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO | OTCQB: NICLF) ("Class 1 Nickel" or the "Company") is pleased to announce the filing of an independent NI 43-101 Technical Report (the “Report”) for its Alexo-Dundonald Nickel Project (the “Project”), located approximately 45 km northeast of the City of Timmins, Ontario. The Report includes an updated Mineral Resource Estimate (“MRE”) for the Dundonald North Deposit (see also news release 27 March 2025), one of 4 nickel sulphide deposits within the 3,093 hectare Alexo-Dundonald Project.