Fort St. James launches 2026 exploration at Porcupine, chasing historic Zn-Cu-Pb-Ag intercepts

Central New Brunswick

Vancouver, British Columbia--(Newsfile Corp. - August 7, 2026) - Fort St. James Nickel Corp. (TSXV: FTJ) (" FTJ " or the " Company ") is please to announce it has commenced a program of prospecting and rock geochemical sampling at its Porcupine Base Metal - Precious Metal - Rare Earth Element (REE) Property, located in central New Brunswick.

The program is being conducted in target areas within the central and northern regions of the property targeting recently lumbered areas and areas of reported soil geochemical anomalies (including zinc, lead and copper) and reported induced polarization (IP) geophysical anomalies. One target area is immediately west of base metal - silver mineralization drilled by FTJ during 2018.

2026 Prospecting and Rock Geochemical Sampling at Porcupine Property

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Prospecting and rock geochemical sampling are currently underway within the northern region of the Porcupine Property northwest to southwest of diamond drill holes completed by FTJ during 2018 (four holes - 227 meters). Each of the 2018 drill holes intersected near-surface base metal and silver mineralization with sulfide mineralization occurring as disseminations and veinlets / veins (see Company news release of July 13, 2021). Core sample highlights (core length) for zinc (Zn), lead (Pb), copper (Cu) and silver (Ag) for the 2018 drilling program include:

PO-18-3: 10.75 - 11.05 meters (0.30 meters): 2.66% Zn, 1.86% Pb, 0.42% Cu & 15.7 g/t Ag

PO-18-4: 8.88 - 9.28 meters (0.40 meters): 5.87% Zn, 1.39% Pb, 0.64% Cu and 13.8 g/t Ag

Zinc and copper soil geochemical anomalies and IP geophysics anomalies are reported northwest to southwest of the 2018 drill holes based on reported 2011 exploration by Greenlight Resources Ltd. (Stea, 2011). Zinc soil geochemical anomalies are reported to be approximately 200-500 meters slightly northeast of the 2018 drill holes including four samples reported to exceed 400 parts per million (ppm) for zinc (up to 593 ppm zinc) (Stea, 2011). Copper soil anomalies are also reported in this area (up to 191 ppm copper) (Stea, 2011). IP chargeability anomalies are reported extending approximately 200 meters west of the 2018 drill holes and up to approximately 300 meters southwest of the 2018 drill holes (Stea, 2011). Some of these reported anomalies are located within recently lumbered areas. The 2011 soil samples were reported to have been analyzed by Activation Laboratories Ltd. using their Ultratrace 6 method (Stea, 2011) The current prospecting and rock geochemical sampling program includes the areas of these reported geochemical and geophysical anomalies and includes extensive areas of recent lumbering.

2026 Sample of Sulfide Bearing Quartz Vein Glacial Boulder

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