Giga Metals Corp. (TSX.V: GIGA) ('Giga Metals' or the 'Company') today announced the results of a Pre-Feasibility Study (PFS) prepared in accordance with National Instrument 43-101 for the Turnagain Nickel-Cobalt Project located in British Columbia, Canada.

Turnagain is owned by Hard Creek Nickel Corp, a joint venture owned by Giga Metals (85%) and Mitsubishi Corporation (15%). All currencies are in US$.

Large Long-life Mine: Annual production averaging 37,288 t/y Ni+Co in concentrate over the nominal full operating rate period (Y3 - 28) based on a 30-year project life with an extremely low strip ratio of 0.4 tonnes waste per tonne ore

Positive Economics: Pre-tax IRR and NPV of 11.1% and $717M (7% discount rate) and post-tax IRR and NPV of 11.4% and $574M at a long-term nickel price of $9.75/lb, with 78% payability for nickel in concentrate

High-grade Concentrate Nickel concentrate averaging 18% Ni and 1.1% Co with low impurities

Low-carbon Operation: Scope 1+2 carbon intensity of

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