Premium Nickel Resources Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023

Premium Nickel Resources Ltd. is a Canada-based mineral exploration and development company. The Company is focused on the redevelopment of the previously producing nickel, copper and cobalt resource mines owned by the Company in the Republic of Botswana. Its projects include Selebi Mine Project, Selkirk Project, Maniitsoq Project, and Post Creek and Halcyon projects. The Selebi Mine Project consists of a single 10-year mining license covering an area of 11,504 hectares (ha) located south of the town of Selebi Phikwe. The Selkirk Project is situated over 28 kilometers (km) south-east of the city of Francistown, and 75 km north of the Selebi Mines. The project consists of a mining license covering an area of 1,457 ha and four prospecting licenses covering over 12,670 ha. The Maniitsoq Project is centered approximately 125 km north of Nuuk, the capital of Greenland, and consists of three contiguous mineral exploration licenses situated just east of the towns of Maniitsoq and Napasoq.