Ms. Diane Garrett reports

NICKEL CREEK PLATINUM REPORTS ENCOURAGING RESULTS OF PHASE 2 METALLURGICAL PROGRAM

The updated phase 2 metallurgical program, performed by Expert Process Solutions (XPS), has yielded encouraging results indicating potential viability of separating saleable copper and nickel concentrates at Nickel Creek Platinum Corp.'s 100-per-cent-owned Nickel Shaw project, located in Yukon, Canada. XPS is a technical consultancy firm that has extensive experience in flow sheet development and copper-nickel separation and is conducting the metallurgical test work on behalf of Nickel Creek. The results of the optimization and batch-scale testing were highlighted in a recent XPS bulletin (issue 19), a semi-annual industry magazine that summarizes technical achievements of the continuing XPS projects. Diane R. Garrett, Nickel Creek's president and chief executive officer, commented: "We are thrilled to receive this positive update from XPS. Efficient separation of copper and nickel concentrates has the potential to achieve enhanced recovery of saleable metals and thus improve potential project economics, which is particularly important in the environment of escalating metal prices. While we understand it is early days, we believe this update and the continued metallurgical work being performed by XPS represent an important next step in the process of unlocking further value from our project."

The company commenced its phase 2 metallurgical program in September, 2017, with an initial focus on flow sheet optimization and batch-scale testing to determine the viability of split concentrate production prior to advancing to mini-pilot-plant (MPP) steady-state testing. As noted in the XPS bulletin, at this stage of project development, with limited sample and relatively low-mass pulls to concentrate, it was important to use open-circuit batch-scale testing to develop split factors for a closed-circuit simulation. The bulk concentrate produced in open-circuit separation was also assessed by QEMSCAN (quantitative evaluation of minerals by scanning electron microscopy) to confirm mineralogy and compare theoretical grade/recovery relationship with that of the closed-circuit simulation projections. This metal split factor approach, combined with a confirmation of mineralogy, facilitates advanced evaluation of the conditions required to achieve effective concentrate separation and determine targets for future work.

The results of batch-scale metallurgical testing were encouraging and, although preliminary in nature, indicate the potential for the production of separate saleable copper and nickel concentrates. The ultimate grades and recovery of the concentrates produced by copper-nickel separation will be dependent on tests of bulk concentrate processed through steady-state evaluation in the MPP. The MPP testing is expected to commence in Q1 2018 utilizing the bulk of the drilled-out material earmarked for metallurgical testing.

In addition to the XPS metallurgical test work outlined in the XPS bulletin, the company and XPS are working on flow sheet optimization inclusive of the rougher flotation circuit, grind, reagent additions and magnetic separation. During the course of testing to date, flow sheet refinements produced metallurgical results consistent with previously reported information, but with a coarser grind, optimized flotation capacity and at lower reagent costs. As a result, these refinements could have the potential of favourably impacting both the capital requirements and operating costs of the project. Nickel Creek intends to include the flow sheet improvements into the MPP testing this quarter.

About Nickel Creek Platinum Corp.

Nickel Creek is a Canadian mining exploration and development company focused on advancing its 100-per-cent-owned Nickel Shaw project with a view to creating Canada's next world-class nickel sulphide mine. The project has exceptional access to infrastructure, located three hours west of Whitehorse through the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska.

Qualified person

The technical information disclosed in this news release was reviewed and approved by Gordon Marrs, PEng, who is a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects, and an independent consultant to the company. Please see technical report dated June 26, 2017, filed under the company's profile on SEDAR for a description of data verification and quality assurance/quality control procedures.

The technical information disclosed in the XPS article, titled "XPS develops Copper-Nickel Separation for Nickel Creek Platinum Corp.," contained in XPS bulletin issue 19, was reviewed and approved on behalf of the company by Mr. Marrs, who is a qualified person as defined in NI 43-101 and an independent consultant to the company.

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