Royal Nickel has acquired 100% interest in a 4,080 hectare land package covering the entire Dumont nickel deposit, with 365 million tonnes indicated resource at 0.32% nickel and 258 million tonnes inferred resource at 0.31% nickel containing respectively 2.6 billion and 1.7 billion pounds of nickel (NI 43-101 Micon Report - January 2009). The Dumont property is located strategically in an established mining camp in Quebec, 25 kilometers west of Amos.

Highlights

• Micon has completed favourable review of historical estimates and RNC drilling and produced an NI 43-101 compliant report to be filed on IPO
• Low development risk - deposit amenable to conventional open pit bulk mining and processing to produce nickel in concentrate
• Over 88,000 metres new drilling to date
• Strategic location 25 km west of Amos, near Val d'Or and Rouyn-Noranda, Quebec
• Favourable business, political and mining climate, excellent infrastructure
• Successful recruitment of an experienced mining management team
• Nickel market fundamentals remain solid

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