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Giga Metals Corp
Symbol GIGA
Shares Issued 42,124,015
Close 2018-07-09 C$ 0.27
Market Cap C$ 11,373,484
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Giga Metals begins exploration at Turnagain

2018-07-09 13:19 ET - News Release

Mr. Mark Jarvis reports

GIGA ANNOUNCES START OF EXPLORATION SEASON

Giga Metals Corp. has begun its 2018 exploration program at the Turnagain nickel-cobalt project located in north-central British Columbia. Archeological and wildlife surveys are under way. One drill rig is on the site and a second will arrive shortly.

Highlights:

  • 9,600 metres of core drilling planned with two drill rigs;
  • Several high-impact exploration targets to be tested;
  • Infill, metallurgical and geotechnical drilling to support prefeasibility studies;
  • Geophysical surveys and trenching to define new targets.

"We are very excited about getting back into the field at Turnagain," said Mark Jarvis, president and chief executive officer of Giga Metals. "The improving market for cobalt and nickel as part of the battery supply chain means that now is the time to advance our deposit to prefeasibility. Our goal is to have the project shovel-ready by 2021."

High-impact exploration targets include three unexplained magnetic anomalies. Project geologists hypothesize that the lower portions and roots of the Turnagain magmatic complex were displaced by faulting.

"We are interested in determining whether these unexplained magnetic anomalies represent the roots or feeder conduits to the Turnagain complex," continued Mr. Jarvis. "Since the feeder zones of intrusive complexes can contain accumulations of massive sulphides, such a discovery at Turnagain could be transformative."

About Giga Metals Corp.

Giga Metals is focused on metals critical to modern batteries, especially those used in electric vehicles and energy storage. The company's Turnagain project, a massive nickel and cobalt resource located in Northern British Columbia, is the company's core asset. Giga is actively seeking other projects in the battery metals space with the goal of building a portfolio of quality assets capable of supplying critical materials to the battery industry.

Technical information in this news release has been reviewed and approved by David Tupper, PGeo, a qualified person as defined by National Instrument 43-101.

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