Thursday, 8 November 2007

Pure Nickel Turning Drills On High Priority Target

Pure Nickel Inc. (TSX: NIC) (OTCBB: PNCKF)

Phase one of a two phase drilling program has just begun on Pure Nickel’s highest priority 100% owned property, William Lake. This property sits in Canada’s premiere location of the Thompson Nickel Belt in Manitoba where NIC holds the largest land position of any company.

Historically, various drill programs were undertaken from 1989 to 2002 prior to NIC acquiring the property from Falconbridge/Xstrata earlier this year. The company has targeted areas with known mineralization and historical intercepts. The plan is to confirm existing grades and expand knowledge of the surrounding area on this highly prospective property. Results of phase one should be released early in the New Year.

Drill targets have been identified and developed from historical data, which has also been used in the preparation of a 43-101 report that will be released shortly. The historical data along with new high tech research and geophysics has given Pure Nickel high grade nickel targets.

William Lake is an accessible drive with full power and infrastructure on the property, which is a huge advantage for this program.

Click here to view the full news release.

Also earlier this week Pure Nickel announced that it entered an option agreement with Manicouagan Minerals Inc. (TSX-V: MAM) where Manicouagan can earn up to 70% interest in mining claims held by Pure Nickel in Forgues and Haut Plateau East projects in Quebec.

Click here to view the full news release from November 6th.

Pure Nickel is focused on exploring its advanced projects providing its shareholders a greater opportunity for success. This being said NIC has dropped its Fox River project to ensure that its resources and energy are focused on projects with the greatest chance for discovery.